It’s inevitable: the more technologies advance, the more cybercriminals advance together. Therefore, there is no way to talk about technological trends for 2024 without talking about cyber attacks for 2024.
What to expect from cyber attacks in 2024?
In this text, we will use as a basis the reportCrimeware and Financial Threats 2024, from the cybersecurity company Kaspersky.
Therefore, we will highlight some of the most relevant points about predictions related to IT security and cyber attacks for 2024. So, read everything until the end to find out!
Financial threats and banking risks
The first major prediction is the growth of financial threats, driven mainly by the expansion of artificial intelligence (AI) and increased automation.
Kaspersky experts also anticipate an increase in the exploitation of direct payment systems, in addition to the resurgence of Brazilian banking trojans and an increase in open source backdoored packages.
According to the company, the scenario predicted for 2024 requires the financial sector to adopt proactive cybersecurity strategies, promote collaboration within the sector and implement innovations in your digital defenses.
AI services used for evil
Also according to Karspersky, cybercriminals have the possibility of employing Artificial Intelligence tools, such as ChatGPT, Google Bard, Copilot, Midjourney and others to develop and enhance malicious lines of code into increasingly sophisticated attacks.
An illustrative case of this scenario is the expected increase in attacks with polymorphic malware, capable of modifying its appearance to resemble other software. This feature allows such malware to go unnoticed by security programs and systems.
ATS application via mobile
The Automatic Transfer System (ATS), a strategy widely recognized by hackers and system administrators in Brazil, has been identified by Kaspersky in several instances, mainly in transactions carried out via desktops.
However, the company anticipates a transition of this method to the mobile sector, affecting smartphones, tablets and other portable devices.
Kaspersky predicts that the adoption of systems similar to PIX (of which there are more than 10 in Latin America) by other countries could result in the incorporation of ATS in digital financial attacks in regions such as Peru, Mexico, Argentina and other similar countries.
Ransomware with more specific targets
Ransomware, characterized by attacks that encrypt essential data, making it inaccessible until a ransom is paid, are costly practices. Not surprisingly, these attacks are conducted by groups, with instances in which a single person carries out this type of attack being rare.
As a result, it is likely that by 2024, cyber threats aimed at “digital hijacking” will become more focused, specific and selective.
What is new is the tendency of affiliated ransomware groups to allow developers who are not exclusively linked to them, enabling independent actors to create tools for this type of attack and act on several fronts simultaneously.
Increase in fraud in A2A systems
A2A (account-to-account) systems cover any type of electronic money transfer between two accounts, including examples such as PIX, transfers such as TED and similar operations. In 2024, Kaspersky predicts an increase in the volume of attacks specifically targeting these systems.
The reason for the increase in this digital crime lies in the fact that developers are increasingly studying how tools of this type work.
An example of this is “PIX Copia e Cola”, where the typeable line is copied by the operating system and pasted into the corresponding menu in the bank’s application, establishing communication with payment receivers and processors.
Open source tools in the crosshairs
An alternative to reducing licensing costs without breaking the law is the adoption of open source tools – free applications that offer a set of functions similar to the paid versions.
While it is true that these tools require more in-depth technical knowledge to hack and attack, it is still possible to penetrate them.
In 2024, this vulnerability should become even more evident. As the software is open source, anyone can download the project, create their own version and make it available in a repository for download – and this version can be customized for attacks, including hidden malware.
In addition to these predictions, Kaspersky also warned about other types of dangers and cyber attacks for 2024, such as:
- Global expansion of Brazilian banking trojans;
- More one-day attacks and fewer zero-day attacks;
- Implementation of cross-platform languages for malware;
- Growth of attacks against misconfigured devices;
- More “activist hacker” attacks.
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