Ransomware, data breaches and fraud are unabating, with cyber insecurity as well as misinformation and disinformation being the top and fourth risks, respectively, for the upcoming two years as projected in the World Economic Forum’s Global Risks Report 2024.
The attack surface gets ever more complex with the increased adoption of cloud, AI, thanks to generative AI (genAI) and Internet of Things (IoT) connectivity. Hackers are already attacking concentrations of common software and services to leverage their returns on investment.
Additionally, critical infrastructure continues to be targeted as entire city networks, emergency networks, water treatment plants and power utilities are breached amidst rising geo-political tensions. Hackers are leveraging executives via messaging platforms and targeting enterprises’ social media accounts for disinformation.
