Stepping into 2024 with a look at emerging cybersecurity risks

Avast's 2024 guide: AI risks, loan app dangers, chat scams.
As we look ahead to 2024, the AI landscape is poised for some pretty big changes.
As AI becomes more woven into the fabric of our daily lives, from creating content to streamlining our work, it's important to remember that with great power comes great responsibility - especially in keeping our digital lives secure.
In 2024, we're not just facing the usual suspects in cybersecurity.
We're looking at AI-assisted threats that are more sophisticated and harder to spot.
Get ready to see a whole new type of digital extortion in 2024: Instant loan apps acting like old school loan sharks.
Not unlike dealing with an old school loan shark, this leaves the borrower paying much more than the original loan amount, trapped in a cycle of debt and privacy invasion.
As these apps gain in popularity, we expect to see this type of scam more often as well.
Mobile chat applications, which most of us interact with daily, will become even more popular in 2024-for regular consumers and for thieves.
Mobile threats will more focus on web-based attacks.
In 2024, expect to see a move away from direct app-based attacks on mobile to web-based threats.
Phishing attacks-delivered through social media, messaging platforms, or emails-are now more prevalent on mobile devices, accounting for a majority of cyber-attacks.
As cryptocurrency becomes more mainstream cybercriminals will be going hard for crypto wallets.
These attackers use sophisticated methods to steal digital wallets, putting both individual and institutional cryptocurrency holders' coin at risk.
Platforms like Lumma already offer malware subscriptions with advanced features, allowing even newbie cybercriminals to launch complex attacks.
This lowers the barrier to entry for cybercrime, letting more attackers participate in malicious activities.
The profits from these activities are then reinvested into making the malware better, creating a self-perpetuating cycle of stronger and stronger cyber attacks.
Cryptocurrency exchanges will become major attack targets.
Attacks on cryptocurrency exchanges, especially those handling multiple currencies, are about to jump in 2024.
Whether it's through practicing caution and common sense online, using secure platforms, or staying updated with the latest cybersecurity trends, your digital safety is in your hands.


This Cyber News was published on blog.avast.com. Publication date: Tue, 12 Dec 2023 14:13:10 +0000


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