Priya Patel
TLDR:
- Midyear check-in on the top cybersecurity predictions for 2024
- Key themes include AI revolution, ransomware, election cyber attacks, and zero-trust adoption
It has been six months since the release of the Top 24 Security Predictions for 2024, and a midyear check-in reveals trends on track and those that seem off base. Predictions for the year center around the revolution of AI in the cybersecurity landscape, with emphasis on more effective cyber attacks using generative AI tools and the importance of AI-based cyber defense for enterprises. The rise of ransomware attacks, growth in hacktivism, and cyber attacks against elections globally have all been observed in the first half of 2024.
While the predictions regarding cyber insurance market growth and supply chain attacks have hit some snags, the market is evolving, and examples of supply chain attacks have surfaced. The Gartner Security and Risk Management Summit 2024 presented new outlooks, emphasizing decentralized control in risk management within business areas.
Other midyear forecasts highlight the expected growth in global end-user spending on cloud services, the looming cyber skills gap, and the rise in cyber attacks against bank fraud using generative AI. Gartner’s top nine trends in cybersecurity in mid-2024 also provide insights into the evolving cybersecurity landscape as the year progresses. The increasing focus on cybersecurity efforts, evidenced by Microsoft tying employee pay to cybersecurity contributions, indicates progress towards successful resilience.
