Demand for Cloud Security will Expand
More and more organizations are switching to working remotely with their data stored in the cloud, with others offering their services through the cloud, security in the cloud has become an area of major concern. Almost all organizations are expected to increase their spending and expenditure on improving their cloud security and analyzing and researching what can be upgraded to protect against data breaches by outside attackers.
These were the top 7 predictions which are said to take place in the year 2024 after being analyzed by some leading firms. So hold tight and keep an eye out for these since 2024 will see an uprise in security incidents.
Top 7 Cybersecurity Predictions for 2024
Cybersecurity is currently one of the most demanded skills and this demand has grown exponentially during the Covid-19 times. This sudden spike is attributed to the fact that everything has shifted online, from classes to business meetings and conferences.
The employees of most companies are working from home and are at a greater risk of being attacked by a new cyber threat (cybercrime), vulnerability, or a hacker. Cybersecurity predictions suggest more cyber threats and the need for stronger defenses.
IBM X-Force Exchange (threat intelligence sharing platform) has seen a significant increase of close 4300% in coronavirus-themed spam worldwide during the lockdown. More than 7 out of 10 Indian companies being attacked with phishing, malware, and ransomware with a soaring 260%.
A recent study conducted by the Data Security Council of India in collaboration with PwC states that the cybersecurity market in India is predicted to grow from USD 1.97 billion in 2019 to a whopping USD 3.05 billion by the year 2025.