HomeBlogSecurityTop 25 Cyber Security Challenges in 2024 [With Solution]

Top 25 Cyber Security Challenges in 2024 [With Solution]

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30th Jun, 2024
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    Top 25 Cyber Security Challenges in 2024 [With Solution]

    In the past decade, I've witnessed exponential technological advancement, leading to a surge in cyber security challenges. Cybercriminals continually adapt to new technologies, presenting immense cyber security threats. As an industry expert, I've seen a growing demand for professionals capable of addressing these concerns effectively, ensuring a safer cyberspace. 

    If you're considering a career in this domain, I recommend exploring specialized cybersecurity courses to equip yourself with the necessary skills and knowledge. You may also check the exclusive range of Cyber Security courses. Let's discuss what the most important cybersecurity challenges below are!

    Top 25 Common Challenges of Cybersecurity with Solutions

     Lets take a look at the list of 25 cybersecurity challenges of the present before discussing them in a detailed manner:

    1. Adapting To A Remote Workforce
    2. Emerging 5G Applications
    3. Blockchain And Cryptocurrency Attack
    4. Ransomware Evolution
    5. IoT Attacks
    6. Cloud Attacks
    7. Phishing And Spear-Phishing Attacks
    8. Software Vulnerabilities
    9. Machine learning And AI Attacks
    10. BYOD Policies
    11. Insider Attacks
    12. Outdated Hardware
    13. Serverless Apps Vulnerability
    14. Supply Chain Attacks Are on the Rise
    15. An Increasing Rate of Mobile Malware
    16. Attacks on APIs
    17. Drone-Jacking Is a New Wave Disturbing Cyber Experts
    18. Growth of Hacktivism
    19. Preventive Measures Of Social Engineering
    20. Security Of Remote Work And Hybrid Workforces
    21. Firmware Attack Weaponization
    22. Deep Fake Technology
    23. AI and Generative AI Phishing
    24. Slashed Budgets
    25. The Skills Gap and Staffing Issues

    1. Adapting To A Remote Workforce

    Employees face one of the most frequent security issues associated with working from home. Employees may accidentally provide cybercriminals access to their computers or company files due to negligence, fatigue, or ignorance. However, safeguarding remote and hybrid working environments will continue to be the biggest challenge in cyber security 

    The key to secure remote working is cloud-based cybersecurity solutions that protect the user's identity, device, and the cloud. 

    2. Emerging 5G Applications

    The cybersecurity danger is made worse by the characteristics of 5G networks. Consumers, businesses, and towns across the nation attempting to adopt 5G are ill-equipped to evaluate and handle its hazards. 

    As a solution, it is crucial to determine the identities of third-party attackers engaged in a continuous process of gaining illegal access to users' data and abusing their privacy and trust in the firms they are working with. 

    3. Blockchain And Cryptocurrency Attack

    Both insiders and outside attackers can launch attacks on blockchain-based systems. Numerous of these attacks employed well-known techniques like phishing, social engineering, attacking data in transit, and focusing on coding errors. 

    More robust technical infrastructure can be built with blockchain-powered cybersecurity controls and standards to defend enterprises against cyberattacks. Combining Blockchain with other cutting-edge technologies like AI, IoT, and ML might also be necessary. 

    4. Ransomware Evolution

    A form of virus known as ransomware locks down files on a victim's computer until a ransom is paid. Historically, businesses could use a typical backup procedure to keep their data somewhat secure. The organization might be able to recover the data held hostage without paying the ransom, but it wouldn't necessarily stop the bad guys from trying to take over the data. 

    Therefore, consumers must concentrate on regularly backing up their devices, utilizing the most recent anti-malware and anti-phishing solutions, and keeping them updated at all times. 

    5. IoT Attacks

    IoT attacks are cyberattacks that employ any IoT device to access sensitive data belonging to consumers. Attackers typically damage a gadget, implant malware on it, or gain access to additional information belonging to the firm.

    To implement the increase in security of IoT devices, one must look for robust security analysis and maintain communication protection methods like encryption.

    6. Cloud Attacks

    A cyberattack that targets remote service providers using their cloud infrastructure to offer hosting, computing or storage services is called a cyberattack. SaaS, IaaS, and PaaS service delivery paradigm attacks on service platforms are examples of this. 

    We can reduce our chance of falling victim to cloud cyber assaults by being aware of the fundamentals of cloud security and some of the most widespread vulnerabilities that exist therein.

    7. Phishing And Spear-Phishing Attacks

    This kind of email assault involves an attacker pretending to be from a relevant, reputable company to get sensitive information from consumers through electronic communication fraudulently. A particular person or business targets a spear phishing email attack.  

    Some solutions to tackle phishing and spear-phishing attacks include using anti-phishing tools such as Antivirus software and Anti-phishing Toolbar, sandboxing the E-mail attachments, and training the employees.  

    8. Software Vulnerabilities

    Software flaws that could provide an attacker access to a system are known as vulnerabilities in software. These flaws may result from a mistake in the software's coding or the way it is constructed.

    Software that manages vulnerabilities has a cybersecurity strategy. It proactively scans the network for vulnerabilities, identifies them, and offers remedial advice to lessen the likelihood of future security breaches. 

    9. Machine learning And AI Attacks

    Preventing software vulnerabilities from ever occurring is the best method to handle them. Software engineers must learn secure coding techniques, and the entire software development process must incorporate automatic security testing. 

    10. BYOD Policies

    Whether or not BYOD are authorized by IT, personal devices are more likely to be used to breach business networks since they are less secure and more likely to have security flaws than corporate devices. Therefore, enterprises of all sizes must comprehend and address BYOD security.

    Services for BYOD are among the management alternatives, and the process begins with an enrollment app that adds a device to the network. You can either configure company-owned devices individually or in bulk. 

    11. Insider Attacks

    These involve a current or former employee or business acquaintance who gains unauthorized access on an organization's system. They are challenging to stop, hard to find, and take forever to clean up. 

    But you can lessen the danger of insider attacks by combining strict procedures and cleverly used technologies.  

    12. Outdated Hardware

    Many firms might not be aware of the severe security risk posed by old gear. Businesses that put off upgrading their gear because of the additional cost may spend more money than necessary to recover from a cyberattack. In addition to being costly in and of themselves, security breaches can harm an organization's reputation and result in a decline in business.

    However expensive it can be to replace hardware, the financial implications to your company from using outdated software are too high to ignore. Additionally, it is essential for preventing cybercrime. 

    13. Serverless Apps Vulnerability

    For some developers, serverless computing's event-driven nature and lack of persistent states are disadvantages. Developers that require persistent data may run into issues because local variables' values don't hold true across instantiations.

    The best course of action for individuals that employ serverless architectures might be to enlist the assistance of your company's cybersecurity professionals.  

    14. Supply Chain Attacks Are on the Rise

    A supply chain assault occurs when someone compromises your digital infrastructure by using an external supplier or partner who has access to your data and systems.

    Upkeep and maintain a highly secure build infrastructure, apply OS and software security updates right away, and as part of the software development lifecycle, create secure software updates. 

    15. An Increasing Rate of Mobile Malware

    Attackers are focusing more on smartphones and tablets as the worldwide mobile markets are under attack, which has led to an increase in mobile malware.

    The best strategies for enterprises frequently entail implementing an official Bring Your Device (BYOD) or Enterprise Mobility Management (EMM) framework. 

    16. Attacks on APIs

    The malicious or attempted use of an API by automated cyber security threats, such as access violations, bot assaults, or abuse, is known as an API attack. Mass data losses, theft of personal information, and service interruption can all be caused by an API attack.  

    To protect from attacks on API, organizations can promote the use of push notifications, apply two-factor authentication, and encrypt the data.  

    17. Drone-Jacking Is a New Wave Disturbing Cyber Experts

    For police in charge of business security and law enforcement, drones pose an increasing concern. The cyber security threats presented by drones are causing law enforcement organizations and aviation regulators growing amounts of alarm.

    Fortunately, there are various ways to increase the security of any drone against the risk of drone hacking. You must regularly update the drone's firmware. 

    18. Growth of Hacktivism

    Hacktivists carry out obstructive or harmful actions in support of a cause, whether political, social, or spiritual. These people or organizations frequently consider themselves "virtual vigilantes," working to expose deceit, misconduct, or corporate greed, raise awareness of human rights abuses, protest censorship, or draw attention to other forms of social injustice. 

    The solutions for Hacktivism include a comprehensive plan - 

    • Creating a response plan 
    • Check-in the vulnerabilities  
    • Improving the security system 
    • Monitoring the social media to know Hacktivists' public agendas.

    19. Preventive Measures Of Social Engineering

    Cybercriminals utilize social engineering to successfully get important information from their targets by manipulating their psychology. It causes users to commit security errors and steal important information, like banking passwords, login information, system access, and other similar data.

    Organizations should use a technology-and-training-based strategy to prevent cyberattacks. There is no one-stop answer to defeat these social engineers; instead, you must use an integrated strategy, including multi-factor identification, email gateways, reputable antivirus software, employee training, and others, to prevent such social engineering attacks. 

    20. Security Of Remote Work And Hybrid Workforces

    A comprehensive examination of access techniques is required, especially for distant users, to provide secure access to programs for both on-premises and remote workers. The same issues with remote work also arise with hybrid work, such as the absence of a network boundary, the requirement to support access from a wide range of devices, and the need to secure on-premises infrastructure. 

    Identifying shadow IT, lowering risk via URL and web category filtering, implementing virus protection, and establishing data loss prevention (DLP) are just a few of the approaches to securing remote workers and their applications. 

    21. Firmware Attack Weaponization

    According to the NIST National Vulnerability Database, the number of firmware vulnerabilities has increased approximately five-fold over the past three years, making it one of the grave cyber security issues and challenges. Mobile and distant workers who use public networks and non-company devices may be particularly exposed. 

    You should take steps to guarantee that you're: buying equipment with additional firmware security layers, keeping current PCs as up-to-date as possible, and, as always, never putting in USB devices you don't recognize. 

    22. Deep Fake Technology

    Deep fake cyber security threats can be classified into societal, legal, personal, and traditional cybersecurity. There have typically been two solutions proposed to address the issues caused by deep fakes: either employ technology to identify fake videos or increase media literacy.

    23. AI and Generative AI Phishing

    Hackers are using artificial intelligence to create more advanced phishing attacks. AI is used by these complex phishing techniques to craft very appealing and customized messages that get past standard security measures, posing significant Cybersecurity challenges.

    AI-based phishing schemes have become more sophisticated and personalized, making it harder to discover them and adding to the cyber security challenges. In one instance, there is email spoofing where an artificial intelligence system imitates the tone and style of a business relationship, making it problematic for recipients to differentiate between a legitimate email and a phishing attempt. Consequently, criminals will be more successful, leading to compromised security, financial loss, and data breaches, further exacerbating Cybersecurity challenges.

    Regular security measures like spam filters and antivirus software are often not enough to combat AI phishing attacks. The technology can learn from past mistakes and integrate the lesson into the future as it is self-adaptive at its best. Moreover, AI phishing can identify individuals based on their social media activities, job titles, and even hobbies they have chosen to pursue, making it more believable and difficult to detect, thereby increasing Cybersecurity challenges.

    24.Slashed Budgets

    Economic challenges and financial constraints are driving most institutions to downscale their cybersecurity budget. If not funded properly, the reduction of this money can have a big negative impact on their capability to uphold security measures as well as make any developments. This is due to a lack of enough finances with which they can use to invest in essential cybersecurity tools or hire qualified professionals and engineers of information systems and computer science departments who would be capable of conducting regular security audits. The result is that these organizations become more vulnerable to cyber security threats and have a higher likelihood of successful attacks because they do not take into account such issues as cost-benefit analysis before implementing any security measures.

    25. The Skills Gap and Staffing Issues

    Cybersecurity is currently confronted with an evident lack of qualified human resources for important positions. The absence of these skills creates challenges for companies to have efficient teams dealing with security, thus impeding their efforts to keep strong cyber defense systems.

    A lack of qualified cybersecurity experts can lead to more work being assigned to the current staff, increased risk of exhaustion, and compromised security. The rapid evolution of cyber security threats contributes to the situation, requiring cyber security experts.

    Industry-wise Cyber Security Challenges

    Cybersecurity problems are prevalent anywhere there is a use of cyberspace. Given below are some prominent industries that face unique cybersecurity challenges in business. 

    1. Vehicular Communications

    The need for secure communications becomes clear as Vehicle-to-Everything (V2X) communication technologies advance and current vehicles can link to external infrastructure. Today's cars run a real risk of being the target of cyberattacks targeting vehicular communications. 

    2. Cybersecurity Challenges in Healthcare Industry

    Cybercriminals continue to find ways to exploit healthcare cybersecurity policies, whether it is high-value patient data or a low tolerance for downtime that could interfere with patient care. Cyberattacks on healthcare providers have increased by 55% in recent years, creating a $13.2 billion market for hackers and turning the healthcare sector into a gold mine. 

    3. Banking

    Threats are constantly evolving, and the cybersecurity landscape is continuously changing. The stakes are high in the banking and financial industry since substantial monetary sums are at risk and the potential for significant economic upheaval if banks and other financial systems are compromised.

    4. Manufacturing

    The importance of cybersecurity for manufacturers today is unmatched, with attackers always coming up with new ways to exploit systems. According to the Manufacturing and Distribution Report, data breaches have affected at least half of all manufacturing organizations in the past year. 

    5. Financial Services

    Since the Equifax breach affected 143 million Americans, businesses and consumers are particularly concerned about financial institution cybersecurity. Your financial services institution will be open to attacks if it isn't following cybersecurity best practices.

    According to these data, there is a high likelihood that everyone working in the financial services industry will someday become a target of a costly cyberattack.

    6. Online Retailing

    For cybercriminals, retailers are a desirable and low-risk target. Customers' data and confidential information, including financial credentials, usernames, and passwords, are processed, stored, and protected by these companies. These details are vulnerable to attack since they may be easily misused in online and offline transactions.

    7. Law Enforcement

    The application of technology, procedures, and laws to stop cyberattacks on computers, networks, software, hardware, and data is known as cybersecurity. Its two main objectives are reducing the danger of cyberattacks and safeguarding systems, networks, and Technology from illegal usage. 

    Cybersecurity measures guard against threats to networked systems and applications from inside and outside a business or organization. 

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    Defending Against Evolving Threats

    As a cybersecurity professional, I've learned the importance of educating my team on cyber security threats and prevention strategies. Equipping them with knowledge is like empowering them with superpowers to identify and thwart potential attacks. The necessity for constant monitoring and adaptable security measures is underscored by the fact that hackers are keeping up with this rapid evolution, even as we predict further innovation in 2024. Here are the best practices you can follow in 2024.

    • Update Your Cyber Tools Regularly: Just like upgrading your phone's software, regularly update your cybersecurity tools. It's like getting the latest superhero suit to defend against latest cyber security threats.
    • Train Your Team to be Cyber savvy: Educate your team on cyber security threats and prevention strategies. Think of it as giving them superpowers to identify and thwart potential attacks.
    • Invest in AI Super Shields: Artificial Intelligence (AI) is your digital sidekick. Implement AI-driven solutions to detect and respond to cyber security issues and challenges faster than any human could. It's like having a superhero with super speed on your team.
    • Lock Down Your Digital assets: Secure access points like you're protecting a treasure chest. Limit who can enter, ensuring only the trusted few have the keys to your digital kingdom.Secure access points like you're protecting a treasure chest. Limit who can enter, ensuring only the trusted few have the keys to your digital kingdom.
    • Encrypt Messages and sensitive data: Encrypt sensitive data to make it unreadable to unauthorized eyes. It's the digital equivalent of sending secret messages that only your allies can decipher.
    • Backup Data: Regularly back up your data. Think of it as creating a safety net against emerging challenges in cyber security – even if a cyber disaster strikes, you can bounce back with minimal damage.
    • Collaborate with experts: Collaborate with others in the digital community. It's like being part of a superhero league where information about incoming threats is shared, making everyone stronger.: Collaborate with others in the digital community. It's like being part of a superhero league where information about incoming threats is shared, making everyone stronger.
    • Bolster Your Digital Defenses: Strengthen your firewall and antivirus software. It's akin to reinforcing the walls of your digital castle to withstand the ever-evolving siege of cyber threats. Bolster Your Digital Defenses: Strengthen your firewall and antivirus software. It's akin to reinforcing the walls of your digital castle to withstand the ever-evolving siege of cyber threats.
    • Implement Multi-Factor Authentication (MFA): Add an extra layer of security with MFA. It's like having a double lock on your digital door – even if one key is stolen, the other keeps your data safe. Implement Multi-Factor Authentication (MFA): Add an extra layer of security with MFA. It's like having a double lock on your digital door – even if one key is stolen, the other keeps your data safe.
    • Stay Agile and Ready for Action: Cyber security new challenges are like supervillains – always evolving. Stay agile and ready to adapt your cybersecurity strategy. It's the key to staying one step ahead in the cyber game of cat and mouse.

    Why is Cybersecurity Important?

    It is imperative that security is integrated into every aspect of your company environment as the borders of business continue to extend beyond the organisation due to factors like increasing connectivity, quicker digitization, and cloud migration. Taking a holistic approach to security allows your business to grow and gain more flexibility in responding to potential future threats. Resilience is essential in the face of potential cyber threats. Businesses have the best chance of operating confidently in the constantly changing threat landscape of today if they include security into their business ecosystems from the beginning, as opposed to doing so after the fact.

    Cyber security threats are often identified as being related to data integrity and protection as well as algorithm manipulation. Experts need to understand Cyber security challenges and solutions at deeper level and they will be able to adjust to almost any circumstance and future effects with end-to-end Cybersecurity that is customised for their company. Get yourself enrolled in the CEH Certification today! 

    Final Thoughts

    The cybersecurity sector offers a promising career path with ample opportunities. As an expert in the field, I've witnessed the persistent shortage of cyber security experts, making it an opportune time to acquire relevant skills and enter the market. To explore the diverse job positions available, I recommend visiting KnowledgeHut. They offer a range of degrees and courses tailored to address various cyber security challenges. You can also check out the exclusive range of KnowledgeHut's Cyber Security courses. Enroll now!

    Frequently Asked Questions (FAQs)

    1What are the threats to cybersecurity in 2024?

    Cybersecurity threats in 2024 include advanced phishing attacks using AI, ransomware targeting critical infrastructure, increased IoT vulnerabilities, sophisticated social engineering, and quantum computing challenges.

    2What challenges are expected in the future in cyber security?

    Future cyber security challenges include staying ahead of rapidly evolving threats, managing the risks posed by quantum computing, ensuring the security of AI systems, and protecting an increasing number of IoT devices.

    3What are the 5 main threats to cyber security?

    The five main threats to cyber security are phishing attacks, ransomware, insider threats, advanced persistent threats (APTs), and vulnerabilities in IoT devices.

    4What are the limitations of cyber security?

    Cyber security limitations include the constant evolution of threats, human error, the complexity of maintaining up-to-date defenses, resource constraints, and the potential for zero-day vulnerabilities.

    Profile

    Vitesh Sharma

    Blog Author

    Vitesh Sharma, a distinguished Cyber Security expert with a wealth of experience exceeding 6 years in the Telecom & Networking Industry. Armed with a CCIE and CISA certification, Vitesh possesses expertise in MPLS, Wi-Fi Planning & Designing, High Availability, QoS, IPv6, and IP KPIs. With a robust background in evaluating and optimizing MPLS security for telecom giants, Vitesh has been instrumental in driving large service provider engagements, emphasizing planning, designing, assessment, and optimization. His experience spans prestigious organizations like Barclays, Protiviti, EY, PwC India, Tata Consultancy Services, and more. With a unique blend of technical prowess and management acumen, Vitesh remains at the forefront of ensuring secure and efficient networking solutions, solidifying his position as a notable figure in the cybersecurity landscape.

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