#162 - CISO Predictions for 2024

Looking for accurate predictions on what 2024 holds for cybersecurity? Tune into our latest episode of CISO Tradecraft for intriguing insights and industry trends. Listen now and boost your cybersecurity knowledge! Earn CPEs: https://www.cisotradecraft.com/isaca Transcripts: https://docs.google.com/document/d/11YX2bjhIVThSNPF6yEKaNWECErxjWA-R Chapters 00:00 Introduction 02:11 1) CISOs flock to buy private liability and D&O insurance. It also becomes the norm for CISO hiring agreements. 05:25 2) CISO reporting structure changes. No more reporting to the CIO. 11:43 3) More CISOs get implicated in lawsuits, but the lawsuits rule in favor of the CISO. 13:36 4) Harder to find cyber talent since universities are not graduating as many students. This plus inflation increases result in major spike in cyber salaries 16:59 5) Cyber industry minimizes external consulting costs to weather reduced revenues during recession 19:44 6) AI-generated fraud will increase significantly 22:15 7) Shadow AI will result in Hidden Vulnerabilities 24:24 8) LLM attacks new vector for "AI-enabled" companies 27:23 9) Cyber insurance exclusions will tend to normalize and will prescribe activities that must be done if payout to occur 31:44 10) Self-driving cars will encounter regulatory setback 34:02 Review of Last Year's Predictions 41:03 Actionable Items for the Future 41:29 Closing Remarks and Invitation for 2024