AI, Security Culture & Rising Threats

When it comes to cybersecurity threats, 2023 has been a year of rapid change and continued growth. From Ransomware becoming ever more prevalent to Generative AI and ChatGPT bursting on the scene breaking down barriers to adoption making artificial intelligence a commonplace in both offensive and defensive cyber operations.

Now, with anyone able to access and use this technology, our imagination is our only limitation - but we may not always have the best of intentions.

As the cost-of-living crisis continues to bite, opportunists are increasingly looking to a make a few dollars to cover rent, mortgage, or put food on the table. The financial squeeze and more accessible tools to commit fraud create a lethal combination - and with the average cost of a data breach in the UK being £3.3 million, businesses need to ensure cybersecurity remains a high priority during these trying times.

As we look to the year ahead, cybersecurity threats and opportunities will continue to grow — but where should organisations focus their efforts? We look at the considerations that should be on every security leader's checklist in 2024.

AI Bridges The Cyber Skills Gap  

One of the greatest challenges organisations face is the skills gap. This has been growing for some time and is especially prevalent in cybersecurity. 50% of all UK businesses have a basic cybersecurity skills gap, meaning they’re unable to perform some of the most basic cybersecurity tasks, and there is an estimated shortfall of 11,200 people to meet the demand of the cyber workforce. Under-skilled and understaffed cyber security teams make it nearly impossible for companies to effectively defend themselves.

Moving into 2024, AI could offer a solution by lowering the barrier of entry for cybersecurity roles. Once we build more trust in GenAI in the cyber community, this tech can help to overcome the breadth and complexity of cybersecurity tools and open roles up to a wider talent pool.

CISOs and security leaders can focus on seek out individuals who are curious and good communicators rather than seeking out individuals with specific technical expertise. For example, being able to ask AI if something is normal for the environment and what actions they should take in each scenario nearly eliminates the technical nuances of security tools while also allowing businesses to train AI on internal procedures. AI can even help write tools and scripts, such as GitHub’s Copilot tool, allowing for individuals to tap into their creative power without needing the technical expertise to deliver it. Again, your imagination is your only limitation with the general availability of GenAI.

However, businesses must remain vigilant. While this tech will lower the barrier of entry for industry professionals, it will do the same for cybercriminals. We already have services such as ransomware-as-a-service which lower the barrier of entry for scammers who no longer need to figure out how to make their own tools to bypass various EDR and AV technologies. Instead, their job is simply to get someone to click on a link. In 2024, businesses must be even more prepared for criminals to keep pace with their own AI advancements. Attackers have already begun releasing various purpose built GPT’s like WormGPT, FraudGPT, and WolfGPT. These tools are enabling attackers to quickly and easily write malware, ransomware, phishing emails, phishing sites, discover vulnerabilities and much more.    

AI Drives Zero-Day Attacks  

Another type of cyberattack that is gaining momentum is zero-day attacks. Recently, attacker-side source code has been leveraging AI to pick out vulnerabilities, especially with open-source products. For instance, if an attacker can get a hold of source code of a widely used application or operating system and run it through AI that's focused on identifying buffer overflows and other vulnerabilities, it is going to identify 0-days a thousand times faster than a human could.

Going into 2024, businesses should continue to prioritise and patch but should expect zero days to grow by building out a Crtical Patch Management process.

While businesses have gotten better at patch and vulnerability management, attackers have been leveraging more zero-day vulnerabilities to combat these good processes. But even with these effective programs, exploitation of public-facing applications remains the top entry point (21.2%) for attackers according the Mandiants M-Trends report. Even though the attackers may have less low-hanging fruit, they continue to get creative — and with the ability to scan source code with AI, these threats will only increase further. On the other side of this coin, in 2024, we will start to see defensive solutions that leverage AI to nearly automate the entire process, from identification to bug-fix enabling businesses to keep in step with these actors.

As we stand at the crossroads of an ever-evolving digital landscape, the role of cybersecurity in safeguarding our interconnected world cannot be overstated.

Our adversaries are not only sophisticated but relentless, constantly looking for methods to improve. In this high-stakes game, AI emerges as a double-edged sword, offering unparalleled potential for both defense and offense. As we harness AI to predict, pre-empt, and respond to cyber threats, we must also be vigilant against its misuse by adversaries. The future of cybersecurity is not just about building stronger walls; it's about fostering a culture of security that contemplates the security implications in every aspect of the business, from finance to HR to engineering. 

Ultimately, security is a team sport. The only way to effectively fight this war is as a team while leveraging the same capabilities as our enemies. Technology is evolving at lightning speeds leaving defenders behind to catch up. By working together as a cohesive team, sharing knowledge, and staying ahead of technological advancements, we can create a digital ecosystem that is not just resilient but also trustworthy.

The war against cyber threats is ongoing, and victory lies in our collective effort to outpace, outsmart, and outmaneuver those who seek to undermine our digital security.   

Tom Gorup is Vice President Security Services at Edgio

Image: Amgun

You Might Also Read: 

Creating Order Out Of WAF Management Chaos:

___________________________________________________________________________________________

If you like this website and use the comprehensive 6,500-plus service supplier Directory, you can get unrestricted access, including the exclusive in-depth Directors Report series, by signing up for a Premium Subscription.

  • Individual £5 per month or £50 per year. Sign Up
  • Multi-User, Corporate & Library Accounts Available on Request

Cyber Security Intelligence: Captured Organised & Accessible


 

 

« Bridging The Cybersecurity Skills Gap With Efficiency
The Pivotal Role Of Access Control In Cyber Security »

CyberSecurity Jobsite
Perimeter 81

Directory of Suppliers

Alvacomm

Alvacomm

Alvacomm offers holistic VIP cybersecurity services, providing comprehensive protection against cyber threats. Our solutions include risk assessment, threat detection, incident response.

LockLizard

LockLizard

Locklizard provides PDF DRM software that protects PDF documents from unauthorized access and misuse. Share and sell documents securely - prevent document leakage, sharing and piracy.

Resecurity

Resecurity

Resecurity is a cybersecurity company that delivers a unified platform for endpoint protection, risk management, and cyber threat intelligence.

Practice Labs

Practice Labs

Practice Labs is an IT competency hub, where live-lab environments give access to real equipment for hands-on practice of essential cybersecurity skills.

ZenGRC

ZenGRC

ZenGRC - the first, easy-to-use, enterprise-grade information security solution for compliance and risk management - offers businesses efficient control tracking, testing, and enforcement.

Security Compass

Security Compass

Security Compass, the Security by Design Company, enables organizations to shift left and build secure applications by design, integrated directly with existing DevSecOps tools and workflows.

Nuix

Nuix

Nuix specialise in extracting knowledge from unstructured data. Applications include Digital Forensics, Cybersecurity Intelligence, Information Governance, eDiscovery.

KnowBe4

KnowBe4

KnowBe4 is an integrated platform for security awareness training combined with simulated phishing attacks.

Cyber Exchange

Cyber Exchange

Cyber Exchange provides a focal point for UK organisations connected with, or with an interest in, cyber security to connect, engage and collaborate.

K2 Integrity

K2 Integrity

K2 Integrity is a preeminent risk, compliance, investigations, and monitoring firm - built by industry leaders to safeguard our clients’ operations, reputations, and economic security.

CYSEC NG

CYSEC NG

Cyber Security Challenge Nigeria Initiative (CYSEC NG) is the first, and largest offensive premier Cyber Conference and Hacking event in Africa.

Threatspan

Threatspan

Threatspan is a cybersecurity firm helping shipping and maritime enterprises achieve and maintain nautical resilience in an age of increasing cyber threats.

Syxsense

Syxsense

Syxsense brings together endpoint management and security for greater efficiency and collaboration between IT management and security teams.

Aigner Business Solutions

Aigner Business Solutions

Aigner Business Solutions GmbH is a specialist in IT-Security and Data Protection. Concise and focussed.

Safe Systems

Safe Systems

Safe Systems provide compliance centric IT services for community banks and credit unions, ensuring that they are kept up to date on current technologies, security risks, and regulatory changes.

SecurelyShare Software

SecurelyShare Software

SecurelyShare Software is a security software company, specializing in data security, data privacy and data governance.

du

du

du is a telecommunications service provider providing UAE businesses with a vast range of ICT and managed services.

Diversified Search Group - Alta Associates

Diversified Search Group - Alta Associates

Diversified Search Group is an industry leader in recruiting diverse, inclusive and transformational leadership for clients.

ZainTech

ZainTech

Zaintech is a regional digital & ICT solutions provider offering comprehensive digital solutions and services to enterprise and government customers in the MENA region.

Spec

Spec

Spec is the only no-code orchestration platform that protects enterprise fraud defenses from being blocked, bypassed, and manipulated by modern attack tactics.

Sola Security

Sola Security

Sola Security is a cyber security startup company currently in Stealth mode.