The IBM Security’s X-Force Threat Intelligence 2024 Report paints a concerning picture of evolving cyber threats. The report, analyzing over 150 billion security events daily, reveals a significant rise (71%) in attacks using stolen login credentials. Hackers are exploiting compromised accounts (30% of incidents investigated) to infiltrate systems, bypassing traditional hacking methods.
Another worrying trend is the potential for AI-powered cyberattacks. While specifics aren’t detailed, the report emphasizes the need for awareness as the AI market matures. Experts predict a surge in AI attacks once the market consolidates or a single technology reaches 50% share.
The report offers actionable steps to strengthen defenses. Modernizing identity management across multi-cloud environments and implementing AI-powered solutions to detect compromised credentials are crucial. Additionally, securing data across hybrid cloud platforms and establishing secure AI models are highlighted as essential measures.
By understanding these evolving threats and taking proactive steps, businesses can protect themselves from increasingly sophisticated cyberattacks.
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