Looking ahead, the article predicts that data privacy will continue to be a significant issue, and there is a need for better IT hygiene across all industries. It also emphasizes the need for more talent development in the field of technology and cybersecurity, particularly for women and minorities. The article concludes by stating that 2024 presents opportunities for new technology and growth, and there is potential for exciting new tech developments that could benefit human lives.
Key takeaways:
- Artificial Intelligence (AI) has had a profound impact on business operations, with its use expected to continue growing into 2024 and beyond. However, concerns are rising about its potential misuse, including in cyberattacks.
- Data privacy will continue to be a significant issue in the upcoming year, with a need for improved IT hygiene across all industries. Despite this, many businesses are not prioritizing cybersecurity in their planning.
- There has been a 350% increase in cybersecurity jobs from 2013 to 2021, but there is still significant room for growth, particularly for women and minorities in technology and cybersecurity.
- While larger financial institutions have fortified their defenses against cyberattacks, smaller businesses and related industries, such as credit unions and mortgage brokers, may not be as well prepared.