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Securin 2024 Predictions: How to remain cyber vigilant during the AI boom

vmblog-predictions-2024 

Industry executives and experts share their predictions for 2024.  Read them in this 16th annual VMblog.com series exclusive.

How to remain cyber vigilant during the AI boom

By Ravi Pandey, Sr. Director of Vulnerability Management Services, Securin

As we look ahead to the year 2024, the cybersecurity industry is expected to undergo several exciting and new developments. New technologies, techniques, and companies have all but made an impression on the industry with unique and exciting products; however, on the other hand, 2023 was another record-breaking year for cybercriminals and other cyber threats. Bad actors are taking advantage of new methods automation has afforded them and are creating more sophisticated tactics to leverage against all kinds of organizations. With the emergence of new threats, techniques, and attackers, security professionals must remain vigilant at all times. Here are some of my detailed thoughts on where the industry is headed.

Firstly, as we look ahead to the future of cybersecurity solutions, artificial intelligence (AI) will continue to play a critical role in computer security. Automation will enable us to scale and innovate more easily, simplifying the process. However, we must also be aware that cybercriminals will be quick to adapt and are already using this new technology on the offensive-identifying and exploiting vulnerabilities within an organization's attack surface. These bad actors are taking advantage of AI to launch more complex attacks at an even faster rate. As cybersecurity leaders, we must focus on using AI as part of a defensive strategy to counter these threats and automate preventative measures. Specialized testing of AI applications will soon become a standard practice to assess their security and will be used to find potential vulnerabilities within companies' networks.

Secondly, cyberattacks overall are expected to increase; ransomware groups are targeting vendors, government agencies, and critical infrastructure in the United States. Over the past five years, cyberattacks have surged and this trend shows no signs of slowing down, as cyber criminals move to target supply chains and zero-day vulnerabilities with relentless voracity. Breaches like the MOVEit file-transfer tool will continue to see lasting reach and have a ripple effect across organizations with its impact. With the assistance of AI, particularly generative AI (GenAI) technology, attackers will be able to refine their techniques, increasing their speed and effectiveness. GenAI will allow criminal cyber groups to quickly fabricate convincing phishing emails and messages to gain initial access into an organization. Cyber breaches or ransomware attacks have the potential to cost companies millions of dollars in remediation expenses. Organizations must, therefore, be proactive in implementing and updating their cybersecurity measures to combat these threats.

Thirdly, external Attack Surface Management (ASM) will become an essential aspect of comprehensive cybersecurity strategies. Unfortunately, many organizations currently lack the necessary vulnerability management and validation capabilities to effectively manage their external attack surface. With the US government's Cybersecurity and Infrastructure Security Agency (CISA), there continues to be a national effort to understand, manage, and reduce risk to the country's cyber and physical infrastructure. This effort includes a national mandate for asset discovery and incident disclosure, which will hopefully lead to increased trust and faster response times between the private sector and the government in the event of a cyber incident. To effectively manage the external attack surface, a unified Continuous Threat Exposure Management (CTEM) platform will be needed to detect and validate vulnerabilities and threats, given the numerous tools and applications an organization employs. With both AI and cognitive human intelligence driving these initiatives, new security practices must be developed and tested to manage the external attack surface and protect organizations from irreparable damage.

In short, the cybersecurity landscape is rapidly evolving, and industries must adapt to keep up with the ever-changing threats. By implementing robust security measures, using AI as a defensive tool, and investing in external ASM, organizations can create a comprehensive cybersecurity strategy that will help them stay ahead of potential threats.

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ABOUT THE AUTHOR

Ravi Pandey, Sr. Director of Vulnerability Management Services, Securin

Ravi Pandey 

Ravi Pandey is a cybersecurity enthusiast and expert currently leading Vulnerability Management at Securin. His role oversees the India and US teams that consist of threat researchers, security analysts, the pen testing team, and team leads. Pandey is a lifelong learner and security analyst who has worked in the field for over 12 years. Prior to joining Securin, Pandey worked in information security at iSec Services Pvt Ltd. He currently resides in Chennai, Tamil Nadu, India.

Published Friday, December 01, 2023 7:33 AM by David Marshall
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