Analysis

Deloitte’s Semiannual Cyber Threat Trends report

Key insights and emerging trends in the evolving cyber threat landscape

As 2024 concludes, organizational leaders at all levels are facing a myriad of crucial challenges. They must grapple with diverse obstacles in achieving sustained growth, navigating the impacts and risks of emerging technologies, and attracting and retaining valuable talent. Organizations worldwide are confronting numerous cybersecurity challenges that necessitate controls to build resilience, comply with regulatory mandates, and mitigate overall risk. The rapid rise of artificial intelligence (AI) as a strategic tool, with both legitimate and malicious applications, has also become a pressing concern.

The cybersecurity landscape has seen significant shifts, with the ransomware ecosystem becoming more fragmented and diverse. Threat actors are increasingly targeting small- and medium-size enterprises (SMEs), while nation-state groups escalate attacks on critical infrastructure and financial systems.

Our Semiannual Cyber Threat Trends report delves into this shifting cybersecurity landscape. Deloitte’s Cyber Threat Intelligence (CTI) team has analyzed the trends and notable events from January to June 2024, providing insights and approaches to prioritize in the coming year to help mitigate the impact of cyber incidents and reduce cyber risk exposure.

As organizations embrace digital transformation, understanding these trends is crucial. Our report outlines the following key findings:

  • Emphasis on activities of threat actors, including Kimsuky and ALPHV, outlining their tactics and impacts on organizations
  • The shift toward SMEs and the emergence of new ransomware groups
  • Leveraging AI for more sophisticated cyberattacks, including deepfake technologies in social engineering
  • The increasing prevalence of living off the land (LotL ) techniques and fileless  malware
  • Recommendations from Deloitte CTI specialists on the approaches to adapt cybersecurity strategies

To engage with us and stay ahead of the curve in cybersecurity, get in touch:


Adnan Amjad
US Cyber & Strategic Risk Offering Portfolio Leader
Partner
aamjad@deloitte.com

Kushagr Singh
US Detect & Respond Leader
Principal
kussingh@deloitte.com

Clare Mohr
Deloitte US Cyber Intelligence Lead
Associate VP for Solution Delivery
clmohr@deloitte.com 

William Burns
Deloitte US Cyber Detect & Respond Adversary Pursuit Leader
Managing Director
wburns@deloitte.com

Steve Mahar
Deloitte US Client and Market Growth Leader
Managing Director
Deloitte Services LP
smahar@deloitte.com

David An
Deloitte US Cyber Intelligence
Solution Delivery Manager - Risk and Financial Advisory
Deloitte & Touche LLP
davidan3@deloitte.com 

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