Top 9 Cyber Security Concerns in 2024
Compounding from 2023, the list of concerns for 2024 aren’t that different, just more amplified and nuanced.
1. Understaffed Cyber Security Teams
A staggering 62% of organisations believe their cyber security teams are understaffed, highlighting a critical gap in our defence capabilities (ISACA, 2023).
2. AI & Machine Learning in Cyber Security
The integration of AI and ML into cyber security solutions is becoming more prevalent. These technologies enhance threat detection and prevention efficiency, but they also open new avenues for sophisticated cyberattacks. It’s a double-edged sword we need to wield carefully (IT Security Wire, 2024).
3. The Rise of Multi-Factor Authentication (MFA)
MFA is increasingly becoming a standard security measure. It adds an essential layer of defence against unauthorised access, making it a non-negotiable in our security protocols (IT Security Wire, 2024). Amazingly, this is still an issue in 2024!
4. Evolving Ransomware & Deepfake Threats
Ransomware continues to evolve, requiring robust backup strategies and employee education on phishing threats. Additionally, the rise of Deepfake technology poses significant risks in terms of misinformation and social engineering attacks (IT Security Wire, 2024).
5. Advanced Encryption & Automated Security Protocols
As digital data volumes increase, sophisticated encryption methods and automated security protocols are becoming indispensable. These advancements are not just about defence; they enable businesses to thrive securely in the digital world (Soterosoft, 2024).
6. Data Privacy Regulations
Expect tighter data privacy regulations in 2024 in Australia. The evolving regulatory environment, including a potential revised Australian privacy act, will impact how businesses handle personal data, emphasising transparency and individual control over information.
7. IoT Security Challenges
The proliferation of IoT devices introduces significant security vulnerabilities. Businesses must adapt their security strategies to address these new challenges.
8. Monitoring the Deep & Dark Web
Analysing 133 million messages on the Deep & Dark Web has revealed insights into cybercriminal tactics. Organisations must focus on comprehensive monitoring and swift response mechanisms to mitigate these evolving threats (The Hacker News, 2024).
9. Home Networking
As people work from home as an extension of the office, not enough focus has been spent on the home network, its importance on user experience for working, and security implications.
