Global Cybersecurity Outlook 2024: Challenges and Opportunities
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Global Cybersecurity Outlook 2024: Challenges and Opportunities

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Diego Valverde By Diego Valverde | Journalist & Industry Analyst - Thu, 02/29/2024 - 08:46

The World Economic Forum's Global Cybersecurity Outlook 2024 report, in collaboration with Accenture, highlights the growing cyber inequality and the profound impact of emerging technologies. It also projects a 9.6% growth in the global cybersecurity industry, reaching US$208.8 billion in 2024 due to the increase in cyberattacks. 

The adoption of cybersecurity solutions is strongly inclined towards AI implementation due to the flexibility and optimization it offers to industries. Hand in hand, in recognition of the vulnerability of the traditional concept due to the increase of traffic in the cloud, companies begin a transition towards password-less security based on biometric parameters such as facial identification, fingerprints and retina reading. 

 

This Week in Cybersecurity:

 

Global Cybersecurity Outlook 2024: Challenges and Opportunities

The World Economic Forum's Global Cybersecurity Outlook (GCO) 2024 report, produced in partnership with Accenture, examined cybersecurity trends that will affect economies and societies in the coming year. Notably, the report highlights growing cyber inequality and the profound impact of emerging technologies. 


 

International Operation Dismantles LockBit Ransomware Group

A coordinated international operation, dubbed ‘Operation Cronos’, has successfully dismantled the criminal operations of the LockBit ransomware group, the world's most prolific and damaging ransomware entity, according to Europol. The operation was led by the UK's National Crime Agency (NCA) and coordinated on a European level by Europol and Eurojust, with additional support by the US State Department. This success of this operation highlights the need for global partnerships to deal efficiently with these threats, outlining a potential action plan against cybercrime.


 

Data of 12 million Mexicans registered at 'empleo.gob.mx' stolen

Last February 21, a hacker, identified as “Ackerman”, put Mexico’s federal employment database, empleo.gob.mx, up for sale after successfully compromising it. The sale of the database, containing the personal data of 12 million Mexican nationals, was announced on BreachForums, a black hat hacking crime forum. 


 

Private Initiative Pushes for Cybersecurity Law Input

The Private Initiative, on behalf of the chambers and associations of the Mexican technology and telecommunications sector, demands to be included in the debate on the proposed cybersecurity bill, according to a joint statement.  This call arises after the United Commissions of Citizen Security and Science, Technology and Innovation of the Legislative Branch agreed on the methodology for the process of ruling on the cybersecurity law initiative, which considered various public institutions but omitted private or non-governmental organizations.


 

UNAM Launches A Diploma in Cybersecurity Management

The Universidad Nacional Autónoma de México (UNAM) inaugurated the "Diploma in Cybersecurity Management", presented by Herlinda Montiel Sánchez, Institute of Applied Sciences and Technology Department Director. This program aims to analyze and establish best practices for protecting digital systems and personal data within an environment increasingly prone to cyber-attacks

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