Three trends set to drive cyber attacks in 2024.

The article discusses three trends that are expected to drive cyber attacks in 2024. Firstly, there has been a resurgence in ransomware and extortion losses, with hackers targeting IT and physical supply chains. Secondly, cyber criminals are exploring ways to use artificial intelligence (AI) to automate and accelerate attacks, creating more effective malware and phishing. Lastly, the increasing use of mobile devices and 5G technology provides more avenues for cyber attacks, particularly on IoT devices. The article emphasizes the importance of early detection and response capabilities, as well as the need for multinational insurance programs to mitigate the financial impact of cyber incidents. [Extracted from the article]

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