AI-Powered Cyber Attacks to Surge in 2024, Check Point Report Reveals

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AI-Powered Cyber Attacks Expected to Surge in 2024, Check Point Report Finds

According to a recent report by cybersecurity solutions provider Check Point Software, cybercriminals are set to adopt artificial intelligence (AI) to accelerate and expand their attacks in 2024. The predictions report reveals that AI and machine learning (ML) will impact both sides of the cyber crime battle, as threat actors leverage AI to develop new malware and ransomware variants more quickly and efficiently. Additionally, AI will enable them to enhance attacks such as deepfakes, phishing, and impersonation.

To counter these AI-powered attacks, security teams will need to tap into the potential of AI themselves. Many organizations have already made significant investments in AI for cybersecurity, and this trend is expected to continue as more companies strive to protect themselves against advanced threats. As AI evolves, however, security teams will need to innovate faster than the adversaries they face to stay one step ahead.

The report also highlights that supply chain and critical infrastructure attacks will remain prominent targets for threat actors in 2024. To mitigate these attacks, organizations will shift towards zero trust models that require verification from anyone attempting to connect to a system, regardless of whether they are inside or outside the network. Stricter evaluations of third-party suppliers will also be crucial to prevent cyber breaches that can have a far-reaching impact.

Furthermore, the Check Point report predicts continued evolution in the cyber insurance space in 2024. With rising cyber insurance costs and talent shortages, businesses will start shifting from reactive security to more effective defensive security measures. Demonstrating preventative action against cyber attacks may lead to reduced insurance premiums.

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Geo-political matters will continue to impact cybersecurity on a global scale, with nation-state actors evolving tactics and engaging in hacktivism to promote political agendas or social change. The report emphasizes the need for organizations to stay vigilant and prepared for these cyber threats.

The rise of deepfakes as a tool to target and infiltrate company networks is expected to be a prominent concern in 2024. Deepfakes can be weaponized to create content that manipulates opinions, alters stock prices, or spreads disinformation maliciously. It is crucial for organizations to be aware of this threat and implement robust security measures to protect sensitive data.

Phishing threats and attacks will also remain prevalent next year, with threat actors continually refining their techniques to create more authentic-looking messages. Instead of exploiting software vulnerabilities, phishing attacks increasingly originate from credential theft, making them harder to detect. AI-enhanced phishing tactics may make it even more challenging for users to identify malicious intent, potentially leading to an increase in phishing-related breaches.

Ransomware attacks will continue to be a significant concern for organizations in 2024. Threat actors are expected to leverage living off the land techniques, using legitimate system tools to execute stealthy attacks that are harder to detect and thwart. The adoption of cloud-based services to store sensitive data may present new vulnerabilities for malicious entities to exploit, resulting in an increase in data loss or leakage incidents.

As organizations strive to strengthen their cybersecurity defenses, it is crucial to enhance incident response and recovery plans to mitigate the potential impact of AI-powered attacks. The use of artificial intelligence by ransomware attackers will become more advanced, requiring organizations to evolve their security approach to stay ahead of the ever-changing cyber threat landscape.

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In conclusion, the Check Point report highlights the increasing sophistication of cyber attacks powered by AI and ML and emphasizes the need for organizations to innovate and adapt their cybersecurity measures to protect against evolving threats. By harnessing the full potential of AI for cybersecurity, organizations can stay one step ahead of threat actors while ensuring responsible and ethical use of these technologies.

Frequently Asked Questions (FAQs) Related to the Above News

What is the Check Point report about?

The Check Point report is about the expected surge of AI-powered cyber attacks in 2024 and how organizations can adapt their cybersecurity measures to protect against these evolving threats.

How are cybercriminals expected to use AI in their attacks?

Cybercriminals are expected to leverage AI to develop new malware and ransomware variants more quickly and efficiently. AI will also enable them to enhance attacks such as deepfakes, phishing, and impersonation.

How can organizations counter these AI-powered attacks?

Organizations can tap into the potential of AI themselves by investing in AI for cybersecurity. This will help them innovate faster than their adversaries and stay one step ahead in the battle against cyber threats.

Which areas will remain prominent targets for cyber attacks in 2024?

The report highlights that supply chain and critical infrastructure attacks will continue to be prominent targets for threat actors in 2024.

What measures can organizations take to mitigate supply chain and critical infrastructure attacks?

Organizations can shift towards zero trust models that require verification from anyone attempting to connect to a system. They can also implement stricter evaluations of third-party suppliers to prevent cyber breaches.

How will the cyber insurance space evolve in 2024?

The report predicts a shift from reactive security to more effective defensive security measures. Demonstrating preventative action against cyber attacks may lead to reduced insurance premiums.

How will geo-political matters impact cybersecurity?

Geo-political matters will continue to impact cybersecurity on a global scale, with nation-state actors evolving tactics and engaging in hacktivism. Organizations need to stay vigilant and prepared for these cyber threats.

What is the concern regarding deepfakes in 2024?

The rise of deepfakes as a tool to target and infiltrate company networks is expected to be a prominent concern. Deepfakes can be used to manipulate opinions, alter stock prices, or spread malicious disinformation.

What is the current trend in phishing threats and attacks?

Phishing attacks are evolving with threat actors refining their techniques to create more authentic-looking messages. Credential theft is becoming more common, making phishing attacks harder to detect.

How are ransomware attacks expected to evolve in 2024?

Ransomware attackers are expected to leverage living off the land techniques, using legitimate system tools to execute stealthy attacks that are harder to detect. The adoption of cloud-based services may present new vulnerabilities for them to exploit.

How should organizations enhance their incident response and recovery plans?

As AI-powered attacks become more advanced, organizations need to strengthen their incident response and recovery plans to mitigate the potential impact. This will help them stay ahead of the ever-changing cyber threat landscape.

Please note that the FAQs provided on this page are based on the news article published. While we strive to provide accurate and up-to-date information, it is always recommended to consult relevant authorities or professionals before making any decisions or taking action based on the FAQs or the news article.

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