The majority (95%) of IT security leaders believe cyberattacks are more sophisticated than ever, according to Keeper Security‘s Future of Defence: Cybersecurity Trends and Insights for 2024 report.
The survey of more than 800 IT security leaders around the globe finds that the most serious attack vectors are AI-powered attacks, deepfake technology, supply chain attacks, cloud jacking, and Internet of Things (IoT) attacks. The study also revealed that phishing, malware, ransomware, password attacks and Denial of Service (DoS) are increasing the fastest among attack vectors.
"As emerging technologies, such as AI, fuel the next wave of cyber threats, a great paradox lies in our ability to implement the very innovations that, if not controlled properly, will radically increase cyber risk,” said Darren Guccione, CEO, and co-founder, of Keeper Security.
Mitigating risks
According to Keeper Security, organisations can mitigate risks by using a password manager and enforcing strong password practices. Additionally, to protect the vital assets of an organisation, privileged access management can control and monitor high-level access, strengthen defences, and minimise potential damage in the event of a cyber attack. A layered security approach can restrict unauthorised access and enhance cybersecurity resilience.
“With the cybersecurity tools at our disposal today, we possess the arsenal to mitigate emerging threats - thereby converting this challenge into an opportunity for resilience and fortification of our digital defences,” says Guccione.