Here are nine AI and digital resilience trends aimed at executives, security and observability professionals.
According to our senior leaders and tech experts, here are our predictions for 2024 detailing how AI will reshape business resilience in the year ahead.
For leaders and their executives, the following three predictions are:
- Cyber resilience will become non-negotiable as governments around the world mandate it
In response to the rise of new threats and the critical importance of digital systems on economic output, regulators are beginning to enact strong compliance frameworks and strict governance on how businesses should prepare for and operate through adverse events. - Organizations will ditch standalone sustainability targets
Government regulations will prompt firms in certain regions to examine their sustainability practices. Currently, sustainability tends to be built into the Operational Technology (OT) layer rather than the IT layer. For technology professionals, their role will be to help their colleagues unlock new opportunities from a sustainability point of view. That is where the big shifts will be made. - Fueled by the AI boom, data privacy regulation will accelerate
As a consequence on this trend, an abundance of established companies will be unable to (or will choose not to) provide their services in certain regions. Governments around the world are becoming more active in ensuring that industry is meeting its members’ obligations around data privacy.
For the security professionals, the next three predictions are:
- Threats will become more distributed and democratized
There will be new types of assaults in 2024, and AI will not be the only tool opening the door to new forms of attacks, or within a wider range of industries. 5G will also present opportunities for cybercriminals by expanding the attack surface in ways that are not yet protected. - Collaboration and integration will become critical for resilience
In 2022/2023, cybersecurity incidents took down business-critical applications in more organizations than in 2021. To avoid cyber-caused downtime, in 2024 teamwork will be non-negotiable. - Ransomware actors will diversify their portfolios
While ransomware may not become more destructive in 2024, cybercriminals will continue to look for techniques and targets in new and creative ways, and increasingly rely on zero-day threats to infiltrate networks.
Finally, the observability practitioners, these are the three predictions:
- Tool consolidation will be necessary
Consolidating monitoring tools into a single observability system frees up talent to focus on an organization’s core business. Also, OpenTelemetry may gain prominence in 2024. - CIOs and CTOs will cut back on their architecture and infrastructure spending
2024 will be a year of mindful budgets and massive disruption. Although people are excited about AI, they are also nervous: CIOs and CTOs will feel the demand to get more from less. - Edge computing lives up to our high expectations
First, there will be an explosion of consumer use cases. Then, very quickly, especially in retail, banking and media, the Edge will become a hot topic for IT development and security departments.