Kaspersky Releases its Industrial Cybersecurity Predictions for 2024

Kaspersky Releases its Industrial Cybersecurity Predictions for 2024

Kaspersky has released its Industrial Control Systems Cyber Emergency Response Team (ICS CERT) predictions for 2024, outlining the key cybersecurity challenges facing industrial enterprises in the year ahead. The predictions highlight the persistence of ransomware threats, rise of cosmopolitical hacktivism, an outlook on the state of “offensive cybersecurity”, and transformative shifts in logistics and transport threats.

Looking back at 2023, Kaspersky predicted the industrial cybersecurity landscape continuing to evolve, with several key trends emerging. The pursuit of efficiency in IIoT and SmartXXX systems fueled an expanded attack surface, while the surge in energy carrier prices led to heightened hardware costs, prompting a strategic shift towards cloud services. The growing government involvement in industrial processes also introduced fresh risks, including concerns about data leaks due to underqualified employees and insufficient practices for responsible disclosure.

This retrospective analysis lays the groundwork for understanding the cybersecurity landscape faced by industrial enterprises in 2024, such as:

Ransomware targeting high-value entities
Ransomware is projected to persist as the primary concern for industrial enterprises in 2024. Large organizations, unique product suppliers, and major logistics companies face increased risks, with potential severe economic and social consequences. Cybercriminals are expected to target entities capable of substantial ransom payments, causing disruptions in production and delivery.

Cosmopolitical protest hacktivism
Geopolitically motivated hacktivism is forecasted to intensify, presenting more destructive consequences. In addition to country-specific protest movements, the rise of cosmopolitical hacktivism is expected, driven by socio-cultural and macro-economic agendas such as eco-hacktivism. This diversification of motives may contribute to a more complex and challenging threat landscape.

 Subtler threats and detection challenges.
The use of “offensive cybersecurity” for gathering cyberthreat intelligence is anticipated to have controversial consequences. While it may improve corporate security by providing early signs of potential compromises, the thin line between the grey zone and the shadows may be breached. Profit-driven cyber activities, armed with commercial and open-source tools, could operate more discreetly, making detection and investigation challenging.

Shifts in threats related to logistics and transport connected to automation and digitization challenges
The rapid automation and digitization of logistics and transport are introducing new challenges, intertwining cyber and traditional crimes. This includes theft of vehicles and goods, maritime piracy, and smuggling. Non-targeted cyberattacks may lead to physical consequences, especially in river, sea, truck, and special-purpose vehicles.

“The industrial sector’s cybersecurity is continuously going through significant changes, with both new types of attacks and more sophisticated versions of old ones. Ransomware attacks are still a big problem, and hackers are getting better at targeting large, profitable companies with more advanced methods. Hacktivists who are motivated by social issues are also becoming more active, adding another layer of complexity to the threats. The transportation and logistics industry is especially vulnerable to these changes because its systems are becoming more and more digital. This combination of cyber and traditional crime is a serious threat to global supply chains. To protect ourselves, we need to prioritize cybersecurity, avoid paying ransoms, and keep improving our defenses,” commented Evgeny Goncharov, head of Kaspersky ICS CERT.

Vertiv Outlines Best Practices of High-Density Cooling for Data Centers

Vertiv Outlines Best Practices of High-Density Cooling for Data Centers

Mahmoud Abdelmoneim, Sales Director for Middle East, Turkey & Central…
How Generative AI Accelerates Digital Transformation

How Generative AI Accelerates Digital Transformation

Lori MacVittie, F5 Distinguished Engineer discusses the impact of…
Maintaining Balance Between Performance and User Experience

Maintaining Balance Between Performance and User Experience

Gaurav Mohan, VP, SAARC & Middle East, NETSCOUT, discusses that…
Microsoft reveals Top Three teams for Imagine Cup!

Microsoft reveals Top Three teams for Imagine Cup!

Today marks a pivotal moment in the 2024 Imagine Cup as Microsoft reveal…
OPPO collaborates with startups for tech advancements

OPPO collaborates with startups for tech advancements

Today, with 150 million startups worldwide and another 50…
TikTok awards women entrepreneurs in Riyadh

TikTok awards women entrepreneurs in Riyadh

TikTok MENA celebrated the conclusion of the second edition of…