By the end of the coming year, the cost of cyber attacks on the global economy is predicted to top $10.5 trillion.

This staggering amount reflects the growing need for cyber security to be treated as a strategic priority on an individual, organizational and governmental level.

As in every other field of business and technological endeavor, artificial intelligence (AI) will have a transformative impact on both attack and defense. Its impact will be felt across every one of the trends covered here

Recent years have brought an acceleration in the pace of technological advancement in many fields, and cyber threats are no different. As they say, forewarned is forearmed – so read on to find out what my predictions are for the cyber security trends everybody should be on high alert for as we head into 2024.

The Cyber Security Skills Crunch

A shortage of professionals with the skills needed to protect organizations from cyber attacks continues to be a running theme throughout 2024. In fact, the situation appears to be getting worse – research indicates that a majority (54 percent) of cyber security professionals believe that the impact of the skills shortage on their organization has worsened over the past two years. We can expect efforts to rectify this situation to include a continued increase in salaries paid to those with the necessary skills, as well as greater investment in training, development and upskilling programs.