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2024 trends: Were they accurate?

  • Artificial intelligence played a crucial role in cybersecurity, protecting systems, critical information, and sensitive data during the Paris Olympics. Threat actors also employed AI to more effectively execute cyberattacks, with many automating processes such as vulnerability scanning, exploitation, and data exfiltration. Deepfake technology too became an increasing threat, with attackers using it to generate convincing fake calls and content to deceive and steal from individuals and companies. Quantum computing also emerged as a top concern, with harvest-now, decrypt-later attacks becoming increasingly common. Unfortunately, the jury is still out on whether there was a recession in ransomware attacks.
  • Throughout 2024, there was a growing use of artificial intelligence in the cybersecurity sector. For example, Microsoft's internal response teams used a large language model to manage requests and tickets, saving 20 hours per person each week.
  • The use of AI technology for cyberattacks also increased, making it easier for attackers to log in than to hack in. Large-scale social engineering attacks are predicted to involve generative AI by 2027.
  • The use of deepfake technology increased in 2024, with a number of high-profile cases making headlines. Even the Paris Olympics became a target of deepfake campaigns.
  • Quantum computing became an increasingly urgent concern in 2024, as symmetric cryptography was predicted to be unsafe by 2029 and even asymmetric cryptography is expected to be fully breakable by 2034.
  • Experts predicted ransomware attacks would decrease as more companies pledged not to pay ransoms. However, Wired reported that ransomware showed no signs of slowing down in 2024.
  • Despite the increase in cyberthreats, the experts were largely on target with their 2024 cybersecurity predictions.
  • As we move into 2025, the prediction game starts all over again as we wonder what's in store for the future of cybersecurity.

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