Companies across the globe are faced with a ballooning number of cybersecurity breaches that are expected to grow in complexity and volume. It’s almost impossible to estimate the financial loss from breaches since most companies prefer not to report whenever they happen.  

Even with a stronger focus on prevention, cybercriminals are almost always at par with the curve. What makes them bolder is the knowledge that their targets will likely not report cyber breaches to protect their image and stakeholders. 

Still, being well-versed in scope and complexity can help avoid these breaches. Learn more by exploring these emerging trends in cybersecurity. 

Mobile Devices

Cyberthreats are one of those events everyone thinks they’re immune to, but the proliferation of mobile devices has made it a lucrative field for hackers. With a significant increase in attacks targeting mobile banking and personal data, the extensive use of mobile devices amplifies this threat.  

Mobile devices present unique challenges as users often overlook basic security measures, such as regular software updates and strong authentication methods. 

Cloud Security

As companies continue to migrate their data and operations to the cloud, ensuring cloud security becomes crucial. The interconnected nature of cloud security services makes company data more vulnerable to attacks.

Cybercriminals look for the tiniest cracks in your system, which could be misconfigured cloud settings or inadequate access controls. 

Persistent Data Breaches

The prevalence of persistent data breaches is a critical concern for organizations globally. As hackers operate in stealth mode, these may remain undetected for months. They gain prolonged access by exploiting vulnerabilities in outdated systems. 

Dealing with persistent data breaches can be challenging, but when endpoint detection and response solutions are used, the threat can be mitigated successfully. 

Zero Trust Framework 

Adopting the zero-trust framework has become the safest resort in an era where perimeter-based security measures are no longer dependable. 

Zero trust relies on the principle of “never trust, always verify,” which means every device or user is a threat unless proven safe. Deploying zero trust to your cloud environment also adds one more layer of security for your data.

Targeted Ransomware Attacks

Top 7 Cybersecurity Trends You Don’t Want to Miss in 2024 (2)

There has been an alarming rise in targeted ransomware attacks on businesses across various sectors. Notable incidents, such as the WannaCry attack on healthcare institutions, hit more than 60 National Health Service (NHS) facilities. 

This made it difficult to access patients’ medical information, causing delays and canceled appointments. The NHS failed to invest in technology that could have prevented the attack. 

To prevent a reoccurrence, however, proactive measures such as regular software patching, secure backups and employee training must be implemented. 

Cyberthreats in Remote Environments

The accelerated shift towards remote work models has exposed organizations to a new wave of cyber threats. Some things that increase cyber-attacks include using unsecured Wi-Fi networks and personal devices to log into the company systems. 

Implementing robust remote access policies, multi-factor authentication, and employee training programs can help mitigate the risks associated with remote work environments.

Social Engineering 

This is a tactic cybercriminals use to exploit human vulnerabilities through psychological manipulation. It may present in phishing emails and pretexting, where attackers manipulate individuals into performing actions that compromise cybersecurity defenses.

Often, the attackers impersonate legitimate entities and prompt recipients to click malicious links. This is why employee awareness training and simulated phishing exercises are essential for organizations. 

A Proactive Approach to Cybersecurity

More cyberattacks are anticipated in the coming years, leaving organizations with no choice but to stay vigilant and proactively adopt advanced cybersecurity measures. 

Even with round-the-clock vigilance, working with a reliable partner who understands your security footprint will preserve your digital assets, save you money and reputation.

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Amol Joshi

CHIEF EXECUTIVE OFFICER

Amol is a senior security executive with over 16 years of experience in leading and executing complex IT transformations and security programs. He’s a firm believer in achieving security through standardization, avoiding complexity, and that security is achieved using native, easy-to-use technologies.

Amol approaches business challenges in a detail-oriented way and demonstrates quantifiable results throughout highly technical and complex engagements. Creative, innovative, and enthusiastic, Amol uses the Consulting with a Conscience™ approach to advise clients about IT solutions.

Amol has a BSc. in Computer Science, is a certified Project Manager by PMI (PMP), and is a Certified Information Systems Security Professional (CISSP).