Today zero-trust, zero-knowledge and password pros at Keeper Security have released the findings of their 2024 Keeper Security Insight Report, The Future of Defence: IT Leaders Brace for Unprecedented Cyber Threats. The report found that emerging attack vectors were presenting significant risk, with business leaders feeling a lack of confidence in their ability to defeat threats from these new attack vectors. The survey was conducted with over 800 IT and security leaders globally.
The report found that 92% of respondents have seen an increase in cyberattacks year-over-year. Additionally, the research showed that, as cyberattacks become more frequent, 95% of leaders say that threats have also become more sophisticated than ever. Worringly, leaders are underprepared for this new frontier of novel adversities.
Additionally, survey respondents cited AI-powered attacks as the most serious emerging attack vector and the most challenging to handle. Evidently, cybercriminals are becoming increasingly more sophisticated, breaking historically secure solutions and inflicting damage on vulnerable organisations across every sector. Among the other top emerging threat vectors were deepfake technology (36%), supply chain attacks (36%), cloud jacking (35%), Internet of Things Attacks (34%), 5G networks exploits (34%), fileless attacks (24%).
IT leaders report they are ill-equipped to defeat those emerging techniques, lacking defence for:
AI-powered attacks – 35%
Deepfake technology – 30%
5G network exploits – 29%
Cloud jacking – 25%
Fileless attacks – 23%
Keeper Security also found that nearly three quarters (73%) of IT leaders surveyed reported experiencing a cyberattack that resulted in monetary loss. Direct financial impact is one of many consequences of a successful cyber attack, along with business disruption, enduring revenue loss, customer and partner attrition and tarnished reputation.
Darren Gucci ..
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