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Jan
14
Be Aware of 2024 Emerging Technology Threats

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Last year, the global cost of data breaches reached US $4.45million; an increase of 15% from three years prior. As we move into 2024, new technological threats should be carefully considered - they could cause irreparable harm to your business and disrupt its success.

Technology is evolving at an incredible speed, creating both challenges and opportunities for both businesses and individuals. However, not all innovations are benign; certain innovations may threaten our digital safety, privacy and security.


This article will describe some of the emerging threats in technology that we should be mindful of by 2024.


Data Poisoning Attacks



Data poisoning refers to the corruption of datasets used for training artificial intelligence algorithms. Attackers may manipulate these algorithms by injecting malicious data, potentially leading to incorrect decisions in sectors like healthcare and finance. To combat this pernicious threat, certain steps must be taken, such as protecting training data's integrity while creating robust verification mechanisms.


Companies should exercise extreme caution when utilizing AI-generated data. Human intelligence and other sources must be utilized to complement this type of AI data.


5G Network Vulnerabilities



With the widespread adoption of 5G, new attack surfaces are created. As more connected devices emerge, hackers could target IoT devices connected through 5G networks; cyberattackers may attempt large-scale cyber attacks against these IoT devices that depend on 5G. Therefore it is imperative to implement strong network protocols to secure these devices and prevent cyber attacks against these IoT devices that rely on 5G.


Make sure that your organization has an effective mobile device management strategy in place. Mobile devices play an integral part of most businesses today and organizations must track how these devices access data.


Quantum Computing Vulnerabilities



Quantum computing poses a growing threat. With its immense processing power and potential use by hackers as an entryway into sensitive data files, quantum technology could pose a real danger. Therefore it is imperative that digital information remains safe by using encryption methods resistant to quantum technology.


Artificial Intelligence Manipulation


AI can be an extremely transformative technology; however, its power may also be exploited for malicious intent by cybercriminals to spread false information and engage in automated phishing campaigns with convincing deepfakes. With more AI-driven threats emerging every year, vigilance becomes ever more necessary and robust detection mechanisms must be put in place in order to differentiate genuine content generated by AI from malicious AI-generated content.


Augmented and Virtual Reality Exploits AR/VR


Technologies create immersive experiences while also opening up new vulnerabilities, giving cybercriminals access to platforms they could exploit to deceive users with potentially disastrous results.


Security in AR/VR applications is of critical importance, to protect privacy and avoid user manipulation - something especially pertinent in industries like gaming, healthcare and education.


Ransomware Attacks Change



Ransomware has evolved beyond simple data encryption. Today, threat actors use double-extortion tactics before encrypting files by first taking sensitive information from victims before encrypting files if victims do not pay up quickly enough or refuse payment - potentially leading to reputational damage for both themselves and hackers alike.



  • As ransomware evolves, some effective defenses against its threats include:

  • Backup solutions that are comprehensive are in demand.

  • Schedule Regular Cybersecurity Training courses.


Active threat hunting activities



Supply chain attacks remain a threat. Cybercriminals exploit third-party software or vendors to compromise broader targets. To prevent further cyber incidents from cascading into larger incidents, supply chain cybersecurity should be strengthened through vendor assessments, multifactor authentication and continuous monitoring.


Biometric Data Vulnerability



Facial recognition or fingerprint authentication methods have become more popular, but their users cannot change any compromised biometric data once compromised. Secure encryption remains the best solution for protecting biometric information - make sure all service providers adhere to strict privacy regulations to help avoid identity theft and fraud.


Advanced Phishing Attacks



Cyberattacks have long been a threat, with phishing attacks being one of the oldest and most pervasive. Artificial Intelligence is helping these attacks become increasingly targeted and sophisticated; hackers, for example, use spear-phishing attacks tailored specifically toward an individual or organization using personal or professional information online to tailor them accordingly.


Vishing attacks are another form of cyber fraud where fake phone calls or voice assistants impersonating legitimate organizations convince victims to perform certain actions.


Attaining continuous education about phishing attacks and automated solutions that detect them are both essential elements in protecting employees from this form of threat.


Tips to Combat Threats



With technology rapidly progressing, threats we face have also evolved rapidly. Being proactive and vigilant are essential in staying safe - here are a few suggestions to assist you:



  • Inform yourself and others of the latest threats to technology.

  • All online accounts should be secured using strong passwords and multi-factor authentication to safeguard them against potential risks.

  • Keep your software and devices updated, to prevent security vulnerabilities from appearing.

  • Pay special attention to links or attachments that appear suspicious in emails or text messages.

  • Verify the identity and legitimacy of anyone requesting any of your personal information before providing or taking action on them.

  • Backup your data regularly so you don't risk suffering data loss in case of cyber attacks.

  • Purchase an insurance policy tailored specifically to your individual needs and risks. A policy must address both those needs while covering potential threats you might face.

  • Notify the appropriate authorities immediately of any activities which appear suspicious or malicious.


Need help making sure your cyber security is ready for 2024?


Solutions that worked last year may no longer provide sufficient defense against threats in 2024; don't put your safety in jeopardy by placing it at risk - get an in-depth cybersecurity assessment from us so you know your current state.


Contact us immediately if you would like to arrange a meeting. For inquiries on how to fortify your business:📞 (404) 932-5940 or 📩info@nuwaveitc.com


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