Ransomware attacks have increased in frequency, shifting from weaponizing Managed File Transfer apps to exploiting vulnerabilities; reports suggest cyber attackers are now targeting companies with cybersecurity insurance, leading some insurance companies to exclude ransomware attacks from policies, urging organizations to rethink response strategies; IoT security is a growing concern with the rise of attacks on connected devices in homes and workplaces, highlighting the need for standardized security standards and enhanced training for employees on cyber threats; AI-powered tools are leveraged by both attackers and defenders, with expectations of AI-driven attacks playing a significant role in social engineering attacks in 2024; AI-powered automation is seen as a solution to the ongoing workforce shortage in the cybersecurity space, with the prediction that attacks will grow in volume and creativity as attackers utilize AI-driven tools for automation and data analytics, emphasizing the importance of up-to-date security measures, employee education on threats, and the use of AI to strengthen cybersecurity efforts. ```
https://www.cyberdefensemagazine.com/hacking-and-cybersecurity/