January 11, 2024
At the beginning of 2024, the cybersecurity environment in India is developing at a very high pace. We will see the cybersecurity trends and predictions that will define 2024 as we head to the end of 2023.
The top trends in cybersecurity in are micro segmentation and AI, which were initially brought about by the use of AI and ML in security infrastructure, the expansion of the Zero Trust Model, and Operational Technology Vulnerabilities, etc. We can now consider the forecasts of cybersecurity in India in 2025.
In 2023, the world based in India has seen major changes in the field of cybersecurity, involving a higher number of AI-backed threats, growing attention to cloud security, and ongoing problems with the security of IoT and OT.
Growing the Digital Infrastructure of your organization also increases the attack surface, thus making it more vulnerable. In 2022 and 2023, there was an increase in persistent sophisticated ransomware and data breaches. The 2024 forecast expects heightened attacks with evolving and new techniques targeting emerging vulnerabilities.
The advent of quantum computing is due to exponential developments in computing power and processors. The initial quantum computing research shows potential to disrupt traditional as well as new cybersecurity measures. Organizations will start preparing for quantum-resistant cryptography to counter these threats.
Increased Research and Development: Indian organizations are expected to invest 10-15% more in research and development for quantum-resistant cybersecurity solutions. (Source: NASSCOM Report on Emerging Technologies 2023)
AI algorithms are becoming more sophisticated for deep fakes, making them more convincing and harder to tell what’s real. This is a direct sign of new scams, frauds, and the spread of misinformation. Organizations that are prone to being victims of these threats must invest in deepfake detection and mitigation tools. Also, there will be a demand for the creation of new advanced deepfake detection technologies.
2023 was the year of the Zero Trust Model, as it is relevant that threats can originate from even the 1% of vulnerability. The Zero Trust Model, which operates on the ” never trust, always verify principle, will be adopted widely by most organizations.
With the growing need to secure internal networks as the network perimeters become more ambiguous with remote work and cloud adoption. Microsegmentation addresses this by dividing the network into smaller zones to control access and movement within it.
Firms should re-evaluate their weak areas in the supply chain in 2024. Attacks that can bypass using third-party vendors or software supply chains have an increased likelihood of attacking companies. Investigating third-party suppliers, putting strong security measures in place, and having constant monitoring of any abnormalities will be emphasized.
With industries transitioning to smart technology as a way to be efficient in their operational aspects, organizations in the manufacturing, energy, and utility sectors are likely to be targeted in their expenditures to secure their technology in 2024.
Many of these trends are projected to continue to be central to 2024, such as the threat of ransomware and data breaches, the changing role of artificial intelligence and machine learning in cybersecurity, the need to secure cloud computing environments, and the fact that IoT device vulnerabilities are here to stay. The implementation of Zero Trust architecture will also remain a primary defensive mechanism against new cybersecurity threats.
Cybersecurity Predictions of India will challenge Indian organizations to the Brink in 2024. These trends highlight the need to take a multifaceted and proactive approach by CISOs and cybersecurity professionals.
It will involve investing in AI and ML to detect threats better, focusing on cloud and data security, and being ahead of the curve in learning and addressing the new threats, such as quantum computing and deep fakes.
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