Cybersecurity Landscape: Unpacking 2023 and Anticipating 2024

Blog February 8, 2024
VP of Marketing

In 2023, the adoption of AI experienced a significant increase, serving as both a defensive tool for cybersecurity professionals and a potential weapon for adversaries. We also saw a rise in software supply chain attacks in 2023 that has led to increasing focus on this important element of software security. And not to forget the wave of regulations to prioritize cybersecurity risks and user privacy.  
The cybersecurity trends in 2023 have laid the foundation for an intriguing journey ahead.
Join us on this exploration as we dissect the security observations from the past year and transition into the anticipated trends of 2024.
Reflecting on 2023 Security Observations
AI: A Double-Edged Sword
As AI exploded on the scene in 2023, it’s proving to be a double-edged sword. The positive impact is very exciting, with secure code generation, proactive threat hunting, anomaly detection, and adaptive mitigation strategies all powered by AI this year, bolstering cyber defenses.
However, as new tools and functionalities emerged, AI-powered attacks and unethical exploitation became a growing concern.
The recommendation for teams is to focus on risk management. Widespread GenAI adoption demands a balance between leveraging its benefits and implementing proper risk management guardrails.
Software Security
The significance of software in the daily lives of the global population cannot be overstated, as roughly seven-eighths of the world’s population rely on software for various daily activities. This underscores the crucial need to prioritize software security.
Securing software however, has proven to be no easy feat. Modern software development is complex and moves quickly, with an ever-increasing landscape of tools and technologies. Getting holistic visibility into the state of software risk across the SDLC is a necessary starting point in 2024.
Software Supply Chain Security
In 2023, software supply chain attacks increased and more third parties were compromised than ever before. There were over 245 thousand malicious attacks on the open-source software (OSS) supply chain, which is 280% growth over the previous year. Therefore, strengthening supplier onboarding and implementing the principle of least privilege became crucial.
In 2023, recognizing the criticality of supply chain security, SBOM’s transparency gained significant traction as a key strategy for mitigating potential vulnerabilities.
Ransomware Attacks
Ransomware attacks continued to haunt organizations in 2023, evolving into more sophisticated threats. Double extortion tactics, where attackers threatened to leak stolen data if ransom was not paid, became increasingly prevalent. Critical response and prevention measures we saw this year included offline backups, user education, and robust incident response planning.
Adoption of Cloud Security
2023 also witnessed concerns surrounding misconfiguration and access control within cloud environments. Combined with the continued rise of the cloud, this led to a surge in the adoption of cloud security solutions, as organizations look to secure their infrastructure and data.
Other Noteworthy Observations
A wave of regulations and executive orders emerged, prioritizing software resilience, securing supply chains, and elevating cybersecurity discussions to boardrooms (like the US’s SEC Cyber Rule).  
Meanwhile, on the privacy front, the introduction of partitioned cookies, also known as CHIPS, offered a novel solution for protecting user data. These developments highlight the multifaceted approach being taken to address the challenges and opportunities presented by the ever-evolving digital landscape.
Glimpse into 2024 through Security Lenses
AI on the Rise
As we step into the future of AI in 2024, defense and trust will be the two pillars upon which its success rests. On the one hand, AI-powered security tools will continue to evolve, sharpening their skills to effortlessly detect threats, assess vulnerabilities, and proactively mitigate risks. This promises a future of robust defense, where AI acts as a vigilant guardian against malicious actors.
However, alongside this power comes the responsibility to build trust. Explainable AI and robust security protocols will be crucial in demystifying this powerful technology, fostering understanding and alleviating anxieties. Finally, a strong framework of regulations will be crucial to ensure responsible AI development, safeguarding against misuse and guaranteeing its ethical application for the benefit of all.
Emerging and Evolving Threats
Threats may take on cunning new forms in 2024. Deepfakes, sophisticated social engineering, and adaptive automation will sow seeds of doubt, blurring the lines between truth and fabricated reality. Concerns around weaponized AI and targeted disinformation campaigns may also escalate.

Expanding attack surfaces in cloud computing, hybrid environments, and the increasing realms of IoT and edge computing will create vast, unguarded frontiers for malicious actors to exploit.

Meanwhile, ransomware may morph into even more potent strains, targeting emerging technologies like blockchain, infiltrating critical infrastructure, and employing double extortion tactics to maximize devastation.
Anticipated Cybersecurity Trends
In 2024, security strategies must evolve on multiple fronts to address the challenges of the future. The looming specter of quantum computing necessitates investment in robust quantum-resistant cryptography and post-quantum solutions to safeguard sensitive information. The distributed nature of workforces and reliance on cloud environments will be met with the widespread adoption of zero-trust architecture, forging a path towards tighter access control and stronger defenses.
Boards of directors will be compelled to step up, establishing closer ties with security officers and assuming greater responsibility for cybersecurity posture.
Transparency and accountability will be paramount, with governments and customers demanding detailed information on secure development practices and accompanying attestations during procurement processes.
Scrutiny of deployment procedures and data management will intensify while understanding and evaluating secure development practices will become a non-negotiable priority. For organizations vying for federal contracts, providing verifiable attestations regarding their adherence to secure development practices will become an unavoidable norm. This transformative journey towards enhanced security demands proactive adaptation and a united front against evolving threats, ensuring the resilience of our digital ecosystem.
A Guiding Tip: People-Centric Security
Establishing strong relationships and effective communication between software leaders and suppliers is crucial for ensuring the security of the software supply chain. Moreover, efforts to address security concerns should not be limited to major enterprises; instead, knowledge and resources should be made available to a diverse group of developers.
Promoting simpler and more accessible security practices will prove advantageous not only for large corporations but also for startups and smaller organizations. Security experts are encouraged to actively share their expertise and skills with the wider community, thereby enhancing overall security practices.
2024: Adapt, Innovate, Secure
As we transition from the security observations of 2023 to the anticipated trends in 2024, the cybersecurity landscape reflects both optimism and challenges. The industry grapples with the dual nature of AI, recognizing its potential for both innovation and threats.
Cybersecurity trends highlight the need for transparency, trust-building, and collaboration to navigate the evolving threat landscape successfully. A proactive and adaptive cybersecurity approach will become more crucial than ever, setting the stage for a secure and resilient digital future.