The 2024 Elastic Global Threat Report by Elastic Security Labs highlights the growing threat landscape, focusing on the misuse of offensive security tools (OSTs), cloud misconfigurations, and the increasing importance of Credential Access. Drawing on over a billion data points, the report underscores how threat actors exploit OSTs like Cobalt Strike and Metasploit, with generative AI having a nuanced impact on both attackers and defenders. Cloud misconfigurations, particularly in storage services across major providers like Microsoft Azure and AWS, present significant vulnerabilities. The report also notes the continued emphasis on Credential Access, especially in cloud and endpoint environments, with a notable rise in brute force techniques. Despite advancements in defensive technologies, attackers persist in leveraging legitimate credentials and defense evasion tactics, emphasizing the need for robust, well-tuned security measures. Elastic's report serves as a crucial resource for understanding these evolving threats, offering insights to help organizations align their security priorities with current adversary activities.