Top 5 Challenges of Cyber Security ⚠️
Cyber security breaches have been projected to cost 8 trillion USD a year in damages. Comparable to the world's third-largest economy, following the US and China.
In 2024 the top 5 challenges of cybersecurity are anticipated to be:
1. Cloud attacks
2. Ransomware attacks
3. IoT attacks
4. Phishing Attacks
5. Insider Attacks
As the number of companies utilizing cloud native software have grown exponentially, many organizations have become exposed to cloud attacks.
Cloud attacks often exploit vulnerabilities already deployed in the cloud service, targeting the software your organization depends on. By leveraging these weaknesses, attackers access confidential information and disrupt business operations. Companies within SaaS, IaaS, and PaaS are particularly targeted.
Although cloud native security seems complex, building resilience towards attacks is crucial for any organization. Investing in proactive methods today can prevent expensive breaches tomorrow. Techniques such as LSM, where unfamiliar behavior is automatically restricted, have been proven to prevent malicious players from exploiting vulnerabilities in software.
