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Tens of thousands of applications that are critical to the operations of data centers around the globe are exposed to the internet, with many secured with default factory passwords, posing a significant cyber risk to enterprises worldwide. percent a year through 2026, when it will hit $4.4 This is laziness at its worst.”.
Recent research from Hiscox even found that a fifth of businesses across the US and Europe faced insolvency as a direct result of a cyberattack. Unfortunately, transferring traditional insurance models to the cyber-sphere isn’t an easy task. Astoundingly, the cyber insurance market shrank relative to the Internet economy.
As you read the news, cyber-attacks are still on the rise and now we’ve drifted into national security concerns with the leaks about the war in Ukraine by a junior-level, 21-year-old Massachutures National Guard airman. Cloud changed the game in the 2010s and led the enterprise to move to an “internet as the WAN” for connectivity.
Cloud storage is a cloud computing model that allows data storage on remote servers operated by a service provider, accessible via internet connections. Local storage prioritizes direct access, potential cost savings, and reduced reliance on the internet, yet lacks the scalability and security of the cloud.
These vulnerabilities include risk to tampering, fraud, and cyberattacks, which can emphasize the integrity of elections and affect public trust. Additionally, Texas counties have until 2026 to replace their paperless direct recording electronic voting machines, though several counties have already made progress toward this goal.
It will likely become necessary for defenders to deploy their own agentic AI bots, culminating in constant AI vs. AI warfare across the internet. Many of these have already been passed into law but will be taking effect on a rolling basis through 2026 and beyond. "To What the Practitioners Predict Jake Bernstein, Esq.,
Cybersecurity can often feel like a game of cat and mouse where cyberattackers and defenders engage in a chase, with one party trying to outsmart the other. Just like in previous years, 2024 is set to test practitioners’ skills as the frequency of cyber threats continues to surge leaving no room for complacency.
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