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Barracuda 2024 Predictions: Securing 2024 - Navigating the Transformative Shift in Security Technology with Proactive Measures and Enhanced Governance Regulations

vmblog-predictions-2024 

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

Securing 2024: Navigating the Transformative Shift in Security Technology with Proactive Measures and Enhanced Governance Regulations

By Fleming Shi, CTO of Barracuda

As technology evolves at a rapid pace, security professionals are grappling with a dynamic threat landscape. While security professionals remain vigilant to the adaptations in security technology and potential threats, the challenge lies in anticipating the swift development, evolution, and utilization of emerging technologies - a speed that holds implications for both companies and potential attackers.

Simultaneously, security laws and regulations continue to adapt to the transformation. Government initiatives to regulate security technologies have made significant progress -  adeptly keeping pace with the rapid evolution of the technological landscape. The US must also be mindful of securing global digital assets, filling the gap for bad actors. Stepping into 2024, security professionals must find ways to promptly adapt to dynamic technological changes. The need for a proactive response plays a crucial role in making informed decisions on continual regulations for these technologies, while effectively safeguarding and mitigating risks. 

In 2024, English will become the best programming language for evil

It was no surprise that coming into 2023, generative AI would be integrated into security stacks and solutions. However, the big surprise was how quickly generative AI has taken over the technology space. This is concerning as we enter 2024 because, just as security professionals are using the new technology to add to their defenses, bad actors are doing the same. LLMs are extremely capable of writing code but often come with guardrails that prevent them from writing malicious code. However, generative AI can be "fooled" into helping threat actors anyway - particularly when it comes to sophisticated social engineering techniques. Rather than telling the tool to create an email phishing template, one only has to ask it to write a letter from a CEO asking for payment for an invoice. The slight changes in phrasing make these tools vulnerable, generally available, and extremely useful to bad actors everywhere. Because this process is so easy, 2024 will be the year that English becomes the best programming language for evil.

Laws and Regulations Will Become Commonplace in 2024

Within just one month, the White House released an Executive Order on artificial intelligence and held its second annual International Counter Ransomware Summit. The Executive order marks the government's most significant attempt to date at regulating the evolving technology, and the summit resulted in 40 countries signing a pledge to never pay ransom to cybercriminals. These major leaps have only occurred in one month, let alone looking back on the whole year. In 2024, these laws and regulations will continue to increase as we learn more about the potential of these emerging technologies.

Cybersecurity in 2024 Needs to Focus on Securing Asia from Bad Actors

Globally, there are over 4 million cybersecurity professionals needed to adequately safeguard digital assets, and almost 1 million of them are in the Asia-Pacific region. This fact alone should be largely concerning for cyber professionals everywhere considering the vast reliance the US has on Asian manufacturing. Securing the American supply chain inevitably means securing Asia's supply chain, so I'm hoping that in 2024, the industry will help solve this gap.

Winning the Security Race: Adapting to Rapid Shifts in Technology - Looking Ahead

As we step into 2024, the landscape of security technology will continue to undergo a transformative shift - fast. Security organizations must prepare to win the race by adapting to the rapid shift of technology, building proactive measures to prepare for the pervasive influence of security changes such as shifts in generative AI and the unexpected role of English in malicious programming. Simultaneously, evolving security regulations call for the need for solidified governance regulations on emerging technologies - ultimately marking 2024 the year for heightened security and proactive measures. 

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ABOUT THE AUTHOR

Fleming Shi 

As Chief Technology Officer at Barracuda, Fleming Shi leads the company's threat research and innovation engineering teams in building future technology platforms to support Barracuda's broad portfolio of products in security and data protection. Fleming has more than 20 patents granted or pending in network and content security.

Published Thursday, January 25, 2024 7:34 AM by David Marshall
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