Experts from Barracuda Warn of AI-Powered Cyberattacks as Top Threat in 2024

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Tech News Summary:

  • Barracuda’s security experts predict AI-powered cyberattacks to dominate in 2024.
  • 2023 saw an evolution of social engineering attacks, the rise of Business Email Compromise, and a lack of risk awareness among companies.
  • Concerns for 2024 include AI-powered cyberattacks, bypassing of multi-factor authentication, vulnerabilities in supply chains, and a shift in focus towards small and medium-sized businesses.

Barracuda’s Frontline Security Professionals Predict AI-Powered Cyberattacks to Dominate 2024

In a recent report released by Barracuda, frontline security professionals are predicting a surge in AI-powered cyberattacks in 2024. The report, based on a survey of over 1,500 security professionals, highlights the growing concern over the use of artificial intelligence by hackers to penetrate and exploit organizations’ networks and systems.

According to the survey, 75% of respondents believe that AI-powered cyberattacks will become more prevalent in the next two years, with 63% expressing concerns about the potential impact on their organizations. With the increasing sophistication of AI technology, cybercriminals are able to leverage machine learning algorithms to conduct more targeted and effective attacks, posing a significant threat to organizations’ cybersecurity defenses.

“AI-powered cyberattacks represent a significant escalation in the cyber threat landscape, as they have the potential to outpace traditional security measures and evade detection,” said Tim Jefferson, senior vice president of engineering and product management at Barracuda. “As organizations look to strengthen their cybersecurity strategies, it is imperative to stay ahead of these evolving threats and invest in advanced AI-driven security solutions to effectively combat the rising tide of AI-powered cyberattacks.”

The report also emphasizes the need for organizations to enhance their cybersecurity posture by implementing AI-driven security solutions that can effectively detect and respond to AI-powered cyber threats. Additionally, the survey highlights the importance of security awareness and training programs to educate employees about the risks associated with AI-powered cyberattacks and to promote a culture of cybersecurity vigilance within the organization.

As the threat landscape continues to evolve, Barracuda urges organizations to prioritize cybersecurity and prepare for the increasing prevalence of AI-powered cyberattacks by implementing comprehensive security measures and investing in advanced AI-driven security solutions to safeguard their critical assets and data. With the right strategies and technologies in place, organizations can effectively defend against the growing threat of AI-powered cyberattacks and mitigate the potential risks to their cybersecurity defenses.

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