2024 cybersecurity trends

Be prepared for the digital battleground ahead.

Author

Maziar Foroudian
January 30, 2024

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As we enter 2024, discover how AI and ChatGPT are fuelling more sophisticated cyberattacks and how the cybersecurity sector is equipping itself with stronger regulations and skills to combat these evolving cyber threats. Be prepared for the digital battleground ahead.

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Australia

Foreign students who aspire to settle in Australia will no longer be automatically denied a visa, as the government aims to attract global talent while reducing net overseas migration. The move has been praised by the tertiary sector as a commonsense change.

Bankwest, a major Australian bank, has closed three branches in its pursuit of a digital future, sparking outrage from customers who were unable to withdraw cash. The bank's strategy is to become a digital-first bank, leaving face-to-face services scarcer for customers.

Australian Economy

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Prime Minister Anthony Albanese defends his government's relief measures, stating they help ease the cost of living for young Australians. However, concerns remain as young people continue to struggle financially.

India

India expects its economy to outpace the global economy with a projected growth of around 7% in the next fiscal year, despite new geopolitical risks emerging from the Red Sea crisis.

World

The Biden administration will require developers of major AI systems to disclose safety test results to the government, as part of efforts to manage the fast-evolving technology. The government is also working on a uniform framework for assessing AI safety.

Australia and New Zealand urged to prioritize data privacy without compromising security. Genetec Inc. shares best practices for protecting privacy and enhancing data protection strategies on International Data Privacy Day. Find out more.

Tech

US Secretary of Commerce Gina Raimondo has revealed that AI companies will have to inform the government about developing foundation models, under President Biden's AI executive order. This requirement aims to address potential national security risks.

The internet is being overtaken by AI-generated content, leading to a degradation of web content into useless garbage. This trend threatens the diversity and quality of online information.

Google has introduced its latest AI model, Lumiere, which can synthesize videos with realistic, diverse, and coherent motion. The model offers a range of applications for content creation and video editing tasks, making it a promising tool in the field of multimedia generation.

Apple has announced plans to comply with European regulations by allowing users in Europe to switch to alternative app stores and enabling developers to offer alternative payment systems. However, Apple warns that this move could expose users to hackers and security problems. The company will also be decreasing the commission it charges on in-app transactions in Europe.

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