Cybersecurity Threats and Trends for 2024

Dereje Deressa
2 min readJun 2, 2024

Rising Cloud Intrusions and Identity-Based Attacks

Cloud environments are increasingly targeted, with a 75% rise in cloud intrusions. Attackers often use valid credentials and legitimate tools, making detection challenging. Identity threats, driven by generative AI, include tactics like phishing and SIM-swapping to gain initial access.

Sophisticated Malware and Quantum Computing

Polymorphic and metamorphic malware are becoming more sophisticated, evading traditional detection methods by altering their code. Additionally, the advent of quantum computing threatens current encryption methods, necessitating the adoption of quantum-resistant algorithms.

Regulatory Changes and Compliance

New regulations, such as the NIS2 Directive and the Cyber Resilience Act in the EU, impose stricter security requirements and reporting obligations across various sectors, including healthcare, energy, and banking. Organizations must conduct comprehensive audits and develop action plans to comply with these evolving standards.

Adversarial Stealth and Speed

Adversaries increasingly operate with stealth, using legitimate credentials and tools to avoid detection. The speed of attacks has also increased, with some taking only minutes to succeed…

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Dereje Deressa

Cybersecurity Practitioner | Digital Entrepreneur | Technologist