fbpx
Sherpa Digital News
Beware of These 2024 Emerging Technology Threats
Beware of These 2024 Emerging Technology Threats
By James Sharpe
Beware of These 2024 Emerging Technology Threats

The global cost of a data breach last year was USD $4.45 million. This is an increase of 15% over three years. As we step into 2024, it’s crucial to be aware of emerging technology threats. Ones that could potentially disrupt and harm your business.

Technology is evolving at a rapid pace. It’s bringing new opportunities and challenges for businesses and individuals alike. Not all technology is benign. Some innovations can pose serious threats to our digital security, privacy, and safety.

In this article, we’ll highlight some emerging technology threats to be aware of in 2024 and beyond.

Data Poisoning Attacks

Data poisoning involves corrupting datasets used to train AI models. By injecting malicious data, attackers can skew algorithms’ outcomes. This could lead to incorrect decisions in critical sectors like healthcare or finance. Some actions are vital in countering this insidious threat. These include protecting training data integrity and implementing robust validation mechanisms.

Businesses should use AI-generated data cautiously. It should be heavily augmented by human intelligence and data from other sources.

5G Network Vulnerabilities

The widespread adoption of 5G technology introduces new attack surfaces. With an increased number of connected devices, the attack vector broadens. IoT devices, reliant on 5G networks, might become targets for cyberattacks. Securing these devices and implementing strong network protocols is imperative. Especially to prevent large-scale attacks.

Ensure your business has a robust mobile device management strategy. Mobile is taking over much of the workload Organizations should properly track and manage how these devices access business data.

Quantum Computing Vulnerabilities

Quantum computing, the herald of unprecedented computational power, also poses a threat. Its immense processing capabilities could crack currently secure encryption methods. Hackers might exploit this power to access sensitive data. This emphasizes the need for quantum-resistant encryption techniques to safeguard digital information.

Artificial Intelligence (AI) Manipulation

AI, while transformative, can be manipulated. Cybercriminals might exploit AI algorithms to spread misinformation. They are already creating convincing deepfakes and automating phishing attacks. Vigilance is essential as AI-driven threats become more sophisticated. It demands robust detection mechanisms to discern genuine from malicious AI-generated content.

Augmented Reality (AR) and Virtual Reality (VR) Exploits

AR and VR technologies offer immersive experiences. But they also present new vulnerabilities. Cybercriminals might exploit these platforms to deceive users, leading to real-world consequences.

Ensuring the security of AR and VR applications is crucial. Especially to prevent user manipulation and privacy breaches. This is very true in sectors like gaming, education, and healthcare.

Ransomware Evolves

Ransomware attacks have evolved beyond simple data encryption. Threat actors now use double extortion tactics. They steal sensitive data before encrypting files. If victims refuse to pay, hackers leak or sell this data, causing reputational damage.

Some defenses against this evolved ransomware threat include:

  • Robust backup solutions
  • Regular cybersecurity training
  • Proactive threat hunting

Supply Chain Attacks Persist

Supply chain attacks remain a persistent threat. Cybercriminals infiltrate third-party vendors or software providers to compromise larger targets. Strengthening supply chain cybersecurity is critical in preventing cascading cyber incidents. Businesses can do this through rigorous vendor assessments, multi-factor authentication, and continuous monitoring.

Biometric Data Vulnerability

Biometric authentication methods, such as fingerprints or facial recognition, are becoming commonplace. But users can’t change biometric data once compromised, like they can passwords. Protect biometric data through secure encryption. Ensure that service providers follow strict privacy regulations. These are paramount to preventing identity theft and fraud.

Advanced Phishing Attacks

Phishing attacks are one of the oldest and most common forms of cyberattacks. These attacks are becoming more sophisticated and targeted thanks to AI. For example, hackers customize spear phishing attacks to a specific individual or organization. They do this based on online personal or professional information.

Another example is vishing attacks. These use voice calls or voice assistants to impersonate legitimate entities. They convincingly persuade victims to take certain actions.

Ongoing employee phishing training is vital. As well as automated solutions to detect and defend against phishing threats.

Tips for Defending Against These Threats

As technology evolves, so do the threats that we face. Thus, it’s important to be vigilant and proactive. Here are some tips that can help:

  • Educate yourself and others about the latest technology threats.
  • Use strong passwords and multi-factor authentication for all online accounts.
  • Update your software and devices regularly to fix any security vulnerabilities.
  • Avoid clicking on suspicious links or attachments in emails or messages.
  • Verify the identity and legitimacy of any callers or senders. Do this before providing any information or taking any actions.
  • Back up your data regularly to prevent data loss in case of a cyberattack.
  • Invest in a reliable cyber insurance policy. One that covers your specific needs and risks.
  • Report any suspicious or malicious activity to the relevant authorities.

Need Help Ensuring Your Cybersecurity is Ready for 2024?

Last year’s solutions might not be enough to protect against this year’s threats. Don’t leave your security at risk. We can help you with a thorough cybersecurity assessment, so you know where you stand.

Contact us today to schedule a chat.


Featured Image Credit

This Article has been Republished with Permission from The Technology Press.

Send a quick message

Looking for help on your next project?  Send us a message for a no hassle chat.

Sherpa Digital are a leading Website Design and Management business in Melbourne.  We specialise in developing websites for small and medium sized businesses, as well as providing WordPress Maintenance plans and hosting, SEO, Email Marketing and Automation, as well as IT Services for Small and Medium Businesses.

What Our Clients Think

We are very fortunate to have formed excellent partnerships with many of our clients. Here’s what they’re saying about us.

Melanie PayetMelanie Payet
01:41 28 Feb 22
I cant thank James from Sherpa Digital for creating my business website. Not only does it look amazing, James service was 100% fantastic. If your looking for a professional website, look no further and give James a call, you wont be disappointed. Not only is James prompt to replying,he is an easy down to earth guy to work with.
Paula DunnPaula Dunn
01:25 11 Oct 21
There are many in the digital space who claim to be experienced, quality driven professionals, and then there are those who are truly professional, approachable and solution driven. My experience with Sherpa Digital is that of quality, perseverance and solutions that have been tailored to my needs. I highly recommend Sherpa Digital and will continue to use them for all of my digital development needs going forward.
Philippa YoungPhilippa Young
23:18 10 Oct 21
Working with James at Sherpa Digital has been a fantastic experience. Starting with a clear plan and quote, through to the final product it was a smooth and streamlined project. James was always available to discuss any questions, and nothing was too much trouble. James was professional, knowledgeable, flexible and solution focused. I would strongly recommend James for your website and IT needs.
Ness JollyNess Jolly
22:38 24 Jun 21
Thanks for your great work James.I have to say that your professionalism, punctuality and responsiveness to meet our needs is a breath of fresh air.
Elysia ElElysia El
01:18 11 Mar 21
If I could give James six stars I would. I needed some help on a tricky website over the Christmas break and he was helpful, friendly, supportive and responsive – he was happy to explain anything that I didn't understand well (in a non-geeky way). Beyond the knowledge and skills, his interpersonal skills and rapport is great.
js_loader

Call us today on 1300 868 174 for a quick and easy chat about your website or IT needs, or drop us a message through our online enquiry form