Financial institutions and organisations should fortify their defences in 2024, as threats will surge driven by Artificial Intelligence (AI) and heightened automation, according to Kaspersky experts. Adapting to the evolving landscape, 2024 demands proactive cybersecurity strategies, sector collaboration, and innovative defenses. Last year, Kaspersky experts accurately predicted the rise in Web3 threats, increased demand for malware loaders, and the shift of ransomware groups towards destructive activities. Looking ahead, 2024 predicts an AI-driven surge in cyberattacks that mimic legitimate communication channels, leading to a proliferation of lower-quality campaigns. “In the ever-evolving landscape of financial cybersecurity in 2024, we anticipate a surge in threats, heightened automation, and the unwavering persistence of cybercriminals.

Source: Nigerian Tribune December 06, 2023 05:54 UTC