Navigating the Storm: CISO’s 2024 Security Predictions

As we embark on a new year, the ever-shifting landscape of cybersecurity commands our steadfast attention. The digital realm remains a contested battleground and a surge of challenges promises to put our defenses to the ultimate test. As you are planning, here’s my list of the looming threats, my security predictions, that businesses may confront in the coming year.

  1. The Surge of Hyper-Targeted Phishing and Social Engineering

A discernible trend will emerge in the highly complex dance between cybersecurity professionals and malicious actors – the growth of highly sophisticated, hyper-targeted phishing and social engineering attacks. Cybercriminals will craft convincing lures tailored to specific individuals or organizations, achieving this level of personalization by integrating advanced AI algorithms.

The “human firewall” is already challenging enough for IT teams. KnowBe4’s TAPPED Out Survey found that “over 4 in 5 hybrid (82%), in-office (84%) and remote (85%) workers do not always make security-conscious choices. Whether it’s multi-tasking, distractions or answering emails/clicking links without double checking the source, this can lead to major implications for the organization. 

  1. AI-Powered Deception Reaches New Heights

The exponential growth of generative AI in cybersecurity poses one of our most complex and frightening challenges. Malicious actors increasingly exploit AI to create deceptive content, which swiftly outpaces traditional security defenses.  From deepfakes to AI-generated phishing emails, the lines between reality and manipulation blur, rendering organizations vulnerable to misinformation and manipulation.

  1. Quantum Computing, A Double-Edged Sword

While quantum computing’s potential to revolutionize industries is exciting, it casts a shadow over cybersecurity. The advent of quantum computers threatens to break widely-used encryption algorithms, urging organizations to prepare for a future where quantum-resistant encryption becomes the new standard.

  1. Ransomware Evolution, Targeting Operational Technology (OT)

Ransomware, a perennial challenge in cybersecurity, is evolving. According to a 2023 study by EY, “the known number of cyber-attacks has increased by approximately 75% over the past five years, and ransomware costs are forecast to reach$265 billion USD by 2031 up from $20 billion USD in 2021.  

Malicious actors have expanded their scope beyond traditional IT systems, targeting operational technology (OT) in critical infrastructure sectors. The potential disruption to essential services intensifies the urgency for robust cybersecurity measures in the hospitality, energy, multifamily housing/MTU, education, healthcare, transportation, and manufacturing industries.

  1. Supply Chain Vulnerabilities Magnified

The interconnected nature of modern businesses has spawned complex supply chains. Cybercriminals focus on supply chain vulnerabilities, recognizing them as lucrative entry points into well-protected networks. In 2024, anticipate increased attacks targeting the weak links within supply chains, necessitating a comprehensive reassessment of supply chain cybersecurity protocols.

  1. Insider Threats in the Remote Work Era

The shift to remote work expands the threat landscape. Insider threats, whether intentional or unintentional, become more potent when employees operate outside the traditional security perimeter. Securing remote access points and implementing robust user behavior analytics are crucial to mitigating risks posed by insiders with access to sensitive data.

Combined Threats: A Call to Evolution in Cybersecurity

As we navigate the multifaceted cybersecurity landscape in 2024, the convergence of quantum computing and generative AI presents a formidable challenge that demands an evolution in our security paradigms. These security predictions are only the beginning. The speed at which these automated threats adapt necessitates a rapid evolution in cybersecurity strategies. Proactive, adaptive, and anticipatory approaches are imperative, as relying solely on reactive measures is no longer sufficient.

To close out this post, 2024 promises to be challenging for cybersecurity professionals. In addition to investing in adaptive and proactive cybersecurity measures, businesses must adequately and continuously train their staff. The human element is a critical line of defense. Employees must be equipped with the knowledge and skills to recognize and respond to evolving cyber threats. Cybersecurity training programs should be comprehensive, covering phishing awareness, secure remote work practices, and the importance of strong password management.

The battleground may be digital, but the consequences of inadequate security resonate across the entire spectrum of organizational operations. It’s not just about protecting data; it’s about safeguarding the very foundations of our digital existence.

At Nomadix, we put a major focus on cybersecurity to protect not only our assets but also our customers and partners. This year we received ISO/IEC 27001 Security Certification by BSI and renewed our Cyber Essentials certification

In this era of relentless technological advancement, the synergy of advanced technology and human vigilance is paramount. Together, as a united front, we can fortify our digital realms and face the challenges that 2024 brings with resilience and determination.

Stay vigilant, stay secure.


Dr. Chris Spencer is a seasoned security expert with over two decades of experience in the dynamic realm of technology. He’s played a pivotal role in designing and fortifying some of the world’s largest and most secure Wi-Fi networks and technologies, including Next Generation Hotspots (NGH) Passpoint, OpenRoaming and CapPort API. 

Spencer serves as Chief Information Security Officer at Gate Worldwide Holdings, overseeing the security and operations of Nomadix, GlobalReach Technology and interTouch. Under his leadership, these organizations have achieved internationally recognized certifications for information security management, including Cyber Essentials and ISO 27001. He is also a trusted member of the Cybersecurity Information Sharing Partnership and is involved in initiatives such as the National Technical Assistance Centre and Agile Retained Data System.