AI and Cybercrime In 2024

The profound impact of AI on our work, that of our clients, and across various industries is undeniable. Those who fail to incorporate AI into their operations may find themselves falling behind, given its role as a force multiplier that empowers companies to achieve more and optimize their workforce efficiently. In the realm of cybersecurity, AI will be instrumental in handling alerts, providing response guidance, conducting vulnerability assessments, and orchestrating red team exercises, among other applications.

The Rise of Cybercrime as a Service

The ominous trend of cybercrime as a service is poised for continued growth, with attackers peddling access and capabilities to less proficient criminals. AI is expected to play a pivotal role in this surge, not only facilitating access but also in the creation of sophisticated malware and tools. The landscape is witnessing an increasing number of companies falling victim to distinct groups, where one gains unauthorized access and subsequently sells it to multiple entities, leading to a cascade of cyber threats.

Mainstreaming OT Cybersecurity Monitoring

The mainstream adoption of OT (Operational Technology) cybersecurity monitoring is set to expand, fueled by the introduction of products like Microsoft Defender for IoT. This development makes practical and accessible what was once a more niche concern, especially for industries such as manufacturing and healthcare. These sectors, which may not have faced the same pressures as Critical National Infrastructure spaces in the past, can now effectively safeguard their OT assets against cyber threats.