A growing threat in a connected world

As the global economy becomes increasingly digital, the security of IT systems faces unprecedented challenges. In 2024, cyberattacks are not only more frequent but also more sophisticated, targeting organizations of all sizes and across all sectors. The average total cost of a data breach now reaches $4.35 million, and disruptions caused by third-party attacks affect 75% of companies at least once over three years. In response to this growing threat, Laystone Consulting has developed an innovative solution to anticipate cyber threats and reduce operational impacts.

Current cyber threat trends

1. Third-party and supply chain attacks

With the rise of outsourcing and digital partnerships, supply chains have become prime targets for cybercriminals. In 2023, 54% of companies that experienced data breaches were compromised through third parties. Hackers exploit vulnerabilities in suppliers to access larger systems.

2. Rising ransomware and targeted attacks

Ransomware attacks, which encrypt critical business data and demand ransom, continue to grow in volume and impact. Cybercriminals increasingly target critical infrastructure, healthcare facilities, and financial enterprises, where disruptions can have catastrophic consequences.

3. Exploitation of emerging technologies

The rapid adoption of artificial intelligence (AI) and the Internet of Things (IoT) expands the attack surface. Many connected devices remain poorly protected, offering attackers easy entry points. Additionally, AI is used both as a weapon by hackers and as a defensive tool by organizations.

4. Evolving regulations and compliance challenges

Governments are tightening cybersecurity requirements, as seen in the European NIS2 directive and DORA standards for the financial sector. However, complying with these requirements remains a logistical and technical challenge for many companies.

Addressing these challenges

To address these challenges, Laystone Consulting has designed a solution that combines advanced technologies with a proactive approach to help businesses anticipate and mitigate cyber risks. Here’s how it stands out:

1. Real-time attack surface monitoring

The solution continuously analyzes an organization’s exposed systems, identifying vulnerabilities before they are exploited. Leveraging AI and machine learning algorithms, it detects abnormal behavior and alerts teams.

2. Third-party and supply chain risk mapping

Companies gain a detailed view of their third-party and fourth-party suppliers, including the products they use and potential vulnerabilities. This allows businesses to prioritize critical suppliers and take corrective action before issues arise.

3. Attack simulations and proactive management

The solution enables organizations to simulate potential cyberattacks to assess system resilience and train teams to respond effectively to incidents.

4. Integrated compliance and automated reporting

It helps businesses meet regulatory requirements with compliance tracking tools and customizable automated reports aligned with standards like NIST, ISO, and GDPR.

Key cyber threat statistics

• Average cost of a breach: $4.35 million, with indirect costs from customer loss reaching $1.59 million.
• Average time to contain an attack: 287 days, highlighting the need for faster detection and response.
• Annual growth in cybercrime costs: 15%, with estimated losses in the billions of dollars.
• Share of companies impacted by third-party-related disruptions: 75% over three years.

Best Practices

To complement the use of our solution, companies should adopt robust practices:

1. Train employees: Awareness of social engineering attacks and best practices remains essential.

2. Adopt zero trust strategies: Limit access based on specific needs and segment networks.

3. Regularly update systems: Apply security patches as soon as they are released.

4. Collaborate with third parties: Work with suppliers to enhance their own security posture.

Proactive cybersecurity for a resilient future

In 2024, anticipating cyber threats and minimizing disruptions require a combination of advanced technologies and solid organizational practices. In an environment where cyberattacks are becoming the norm, only a proactive approach will enable companies to protect their assets, reputation, and operational continuity. Given the growing complexity of risks, investing in cybersecurity and strengthening collaboration at all levels is essential.