The 7 Top Cybersecurity Trends of 2024

In 2024, security and risk executives will often face threats due to critical cybersecurity issues. The digital footprints of every organization have expanded,  and centralized cybersecurity control has become obsolete. It is the hybrid work model, and digital business solutions have surfaced as new threats in the cloud. Sophisticated ransomware attacks on the digital supply chain and critical embedded vulnerabilities have exposed huge technical gaps and skill shortages. Experts who understand all these seven new trends can better address the issues of cybersecurity threats and elevate their roles.

 

The 7 top security trends in cybersecurity in 2024 are as follows:

 

·        Attack surface expansion 

·        Identity system defense

·        Digital supply chain risk

·        Vendor consolidation

·        Cybersecurity mesh

·        Distributed decisions

·        Beyond awareness 

 

In this blog, let's discuss these top 7 cybersecurity trends further.

 

·        Attack surface expansion 

 Currently, 60 percent of the knowledge workers are working from remote locations due to the ongoing pandemic, and 18 percent won't even return to office mode. These unique work cultures have made knowledge workers use the public cloud whenever required. It is believed that the public cloud is interlinked with the supply chain, and the use of a cyber-physical system has exposed new and challenging threats.

It exposes the organization to more vulnerable threats. The experts around the globe addressed all the security leaders to take these matters with the utmost seriousness and look beyond traditional approaches to security monitoring, detection, and response to manage more significant threats.

 

·        Identity system defense

Identity systems are attacked by hackers. Experts used the term identity threat detection and response to explain how the collection of tools and software, with the aid of its identity system, can be protected at all costs. The experts misused their credentials more than ever to achieve numerous goals. In the future, more efficient threat detection systems will emerge, as predicted by experts worldwide.

 

·        Digital supply chain risk

 Gartner predicted that in 2025, 45 percent of the supply chain would experience cyberattacks on their software supply chains, three times more than in 2021. He also suggested that security and risk management leaders collaborate with other departments to prioritize digital supply chain risk and pressure suppliers to demonstrate best security practices.

·        Vendor consolidation

 Security products have been converging, and vendors are consolidating security functions into one single platform and introducing new prices and licensing options to make packaged solutions more attractive. It brings in new challenges like reduced negotiating power and a single point of failure. Experts look at consolidation as a welcome trend that removes complexity and increases efficiency, thus leading to better security measures.

 

·        Cybersecurity mesh

 Cybersecurity mesh is a new approach to security architecture, as it enables distributed enterprises to deploy security to assets, whether one works in a cloud environment or within a particular data center. Gartner predicted that by 2024, organizations will adopt a cybersecurity mesh architecture, and it will reduce the financial impact on individual security incidents by 90 percent.

 

·        Distributed decisions

 Global leaders need an agile cybersecurity function to support digital business functions. As businesses are digitalized, the job of the CISOs are becoming more critical. Big corporate houses are building a centralized office of the CISO to enable distributed cyber judgment. The CISO and the centralized bodies will continue to set stringent cybersecurity policies, while security leaders tries to decentralize security decisions.

 

·        Beyond awareness 

Errors performed by humans features in data breaches, and traditional security awareness training approaches appear utterly ineffective.

 Progressive organizations are moving beyond outdated compliance-based awareness campaigns and investing in holistic behavior and culture change programs designed to provoke a more secure way of working.