5 CyberSecurity Trends to Watch Out For in 2023

Cybersecurity is a constantly evolving space. Even though it has always been a major concern for most organisations, the global digitalisation and increased use of smartphones have made cybersecurity more vital than ever before. Given how quickly the world changed during the last few years, it is not surprising that companies constantly face threats and successful attacks today.

Both cybersecurity experts and hackers are always battling to outsmart each other, making today’s question about business security essential. While a few years ago, businesses started thinking about improving their security posture only after successful threats, now every business owner knows the importance of having constant cybersecurity practices in place to make sure their data and users are safe on a daily basis. Even using the latest technologies and having your cyber security team in-house does not guarantee that you are protected. You also need to explore the latest trends to ensure you make everything possible to safeguard your business.

In this article, we will break down the top 5 cybersecurity trends to look out for in 2023.

IoT Vulnerabilities

Although the Internet of Things (IoT) has long been on the market, it didn’t see a large adoption until recent years. Now this situation has changed, and the growth of IoT provides a huge list of opportunities for business and improves the quality of our life. However, it also opens many opportunities for hackers.

If you don’t know what IoT devices are, think about “smart” appliances like fitness watches or voice assistants like Google Home. A report from Insider Intelligence shows that there will be over 64 billion IoT devices installed worldwide over the next five years. Remote work also drives this increase.

Even though some believe that they are not in the IoT space, the thing here is that having more devices connected through the internet increases the surface of cyberattacks. To put it simply, the number of potential entry points for attackers to reach your business data or damage the digital infrastructure significantly increases. That is because modern IoT devices have less protection and security measures than computers or phones. Therefore, IoT has quickly become one of the most important facets of cyber security trends to consider in 2023.

The Growth of Artificial Intelligence (AI) 

The use of machine learning (ML) is growing rapidly, while the inner mechanism is becoming more predictive. Thanks to ML and computer-assisted security measures, cybersecurity practices are becoming more efficient and affordable. That is why experts believe that patterns and manipulations ML develops can anticipate and respond to active attacks in real time.

This is how artificial intelligence (AI) has become essential to developing automated security systems, face detection, as well as automatic threat detection. To be more specific, AI is also used by hackers to build malware and attacks to bypass the latest security protocols. AI-powered threat detection protocols and systems can be valuable tools in predicting new attacks and notifying teams about data breaches immediately.

Proactive Cyber Security Practices 

Since more and more organisations consider cybersecurity as an urgent field they should invest in; we can also see the rise of proactive cybersecurity measures. For example, one of the most common and effective ones today is penetration testing. It is not only a great part of cyber hygiene but it is also used as a must-have monthly practice against sensitive data threats.

A large percentage of organisations have already set up security teams to prevent those cyber threats and social engineering attacks. However, smaller companies are still the key victim of these attacks, so they should invest more in their cybersecurity.

Increase in Mobile Use

Recent reports show that over 50% more mobile banking malware attacks have increased since 2019. The reason is simple – COVID-19 restrictions and increased use of mobile phones in almost every sphere of our lives. And this trend is only growing with new technologies and mobile apps developed. Although phone manufacturers prioritise user safety, people still share their data on social media and all over the internet, making it easy for hackers to reach all the needed keys.

The most popular attacks on mobile phones are malware, data tampering, phishing attacks and ransomware attacks. That is why it is also essential for businesses to take proactive measures and check how well their employees react to attacks and how they can define what is okay and what should be banned. Educating employees also helps in preventing successful attacks.

Remote Workers and Distributed Teams

One of the weakest spots for hackers in any company is its employees. Human errors and lack of knowledge about hacker attacks lead to the most severe consequences for organisations. This is why the lion’s share of all hacker attacks on the market create ransomware and phishing attacks.

Even though it has always been a great target for hackers, with remote work, it has become even easier and quicker for attackers to break a company’s security posture. That is because when people work remotely, they will likely have a less secure internet connection, leave their devices unattended, and get fooled by email since they have fewer interactions with other teams. That is why businesses have already implemented security policies such as no sharing of passwords and using a VPN to save their business data.

Final Thoughts

To conclude, 2023 will be a crucial year for cyber security, thanks to many reasons. A large percentage of attacks during the last few years have been made because of global digitalisation, increased use of mobile phones and lack of knowledge about types of attacks. The modern world heavily relies on technologies, making it easier for hackers to reach sensitive data. Knowing cybersecurity trends in 2023 can help businesses prevent many threats.

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