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Top 10 Cybersecurity Trends in 2023

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Top 10 Cybersecurity Trends in 2023

April 13, 2019

The cybersecurity trends in 2022 have proven that we may have to deal with more cyberattacks in 2023. The cybersecurity industry trends in 2022 were filled with many ransomware trends and attacks. Many organizations had to deal with various cyberattack trends, leading to the loss of money and sensitive information.

Moreover, the attackers were up for different surprises in malware trends, and there were no signs that this would stop soon. 2023 is here, and the ransomware trends of 2023 are likely to be much bigger than the ransomware trends of 2022. These are the top 10 cybersecurity industry trends for 2023.

Increase in Ransomware

Ransomware was one of the most popular cybersecurity trends in 2022. According to the European Union Agency for Cybersecurity, there was an 87% increase in ransomware in 2022, which is expected to continue in 2023.

Cybercriminals like REvil, DarkSide, and BlackMatter seem to invest a lot in improving their methods to take companies by surprise, regardless of their level of cybersecurity. For instance, Kela, a security firm, noted that cybercriminals use analytics to get the right victim in the US. Also, they’re interested in companies with at least $100 million in revenue to help them get a better ransom.

So, this cyberattack trend will only get bigger in 2023, and many organizations will be using the best ransomware protection available.

Security-as-a-Service

The continuous malware trends and current trends in cybersecurity have made many organizations understand why they need more security. Rather than depending on their security tools, companies are choosing security-as-a-service solutions. Such solutions are often offered by Managed Services Providers or Managed Security Services providers.

The MSP or MSSP usually includes a team of professionals and experts with modern product and process knowledge.

Since cyber security hackers are becoming more sophisticated by the day, MSP or MSSP will help ensure that consent phishing and other phishing attempts are prevented from entering our inboxes.

Furthermore, MSPs or MSSPs also provide comprehensive data protection services to businesses. One of the key services in this domain is backup and recovery. Regular backups are essential for any business to minimize data loss and ensure business continuity in case of any disaster. However, managing backups can be a time-consuming task, especially for businesses with limited IT resources.

With NAKIVO backup for MSP, MSPs can easily set up and manage backups for all their clients’ systems, including virtual, physical, and cloud environments. The solution supports a wide range of platforms, including VMware, Hyper-V, AWS, Azure, and more.

Zero Trust

Before now, cybersecurity processes involved a porous approach that allowed anybody with the correct credentials to access a system. It is one of the major reasons responsible for the increase in ransomware. It takes clicking on only one attachment or link to compromise a company’s security systems.

The Zero Trust model ensures that only individuals who are authorized can have access to a network. It also ensures everyone passes security protocols like user identity verification and authenticator apps. With this, codes will be sent to the smartphones of those authorized, and any unauthorized logins can be easily detected.

Zero trust was introduced in 2021 as a solution in cloud security to prevent consent phishing attacks and other malicious cyber attacks. It requires verifications at different steps and grants access to recognized devices. Zero trust is likely to be one of the common cyber threat trends in 2023.

Cybersecurity hygiene

Cybersecurity hygiene includes regular practices and habits in the use of technology, such as implementing safety measures and avoiding unprotected networks.

Cybersecurity hygiene helps minimize vulnerabilities by discovering risks and creating different strategies and mechanisms for reducing or resolving them. With cyber hygiene, organizations can improve their security and effectively defend themselves against disastrous breaches.

Growth in 5G Network Breaches and Connected Devices (IoT)

The growing acceptance of 5G technology, which needs a complex infrastructure overhaul, and the acceptance of software-based services and their connection to the IoT create the right attack surface for cyber hackers. Internet of things solutions and service providers should use zero-trust security to be ready for any security breach.

Third-Party Risk

Third-party exposure is the likely threat an organization’s customer and employee data are exposed to. It also includes the operations and financial information from an organization’s supply chain and other external parties that offer products and/or services and can access privileged systems.

A report on 2021 workforce trends found that more than 50 percent of businesses prefer hiring freelancers due to an increase in remote work due to COVID-19.

CyberArk, a security company, gives outsiders access to sensitive systems. It gives cyber hackers a way to access their information, which could be dangerous.

Insufficient Cyber Skills

During the COVID-19 pandemic, many people, including IT professionals, were forced to work remotely, which increased their workloads. The increase in ransomware attacks and workloads has led to burnout.

For instance, Harvey Nash, a global recruitment firm in the UK, reports that the cyber skills shortage increased to over a third in 2021. It also discovered that cybersecurity is the most in-demand tech skill in the United Kingdom.

Social engineering

This term is used for various harmful activities accomplished via human interactions. It uses psychological tricks to get people to give up private information and open themselves to cybersecurity dangers. It also tricks unsuspecting users into spreading malware infections or giving access to controlled systems.

Increase in Digital Supply Chain Cybersecurity Risk

The connectivity of the supply chain is growing, and this has led to an increase in data privacy and cybersecurity risks. It is because increasing interconnectivity means an increased attack surface and more vulnerabilities that cybercriminals can exploit.

The ENISA report recently analyzed twenty-four attacks. It was discovered that strict security protection is not just enough for companies since cybercriminals are now moving to suppliers.

Employee Cybersecurity Awareness Training

As the risks of cybersecurity continue to increase in the unpredictable digital landscape, the most effective way to educate employees is through cybersecurity training. This is one of the cybersecurity trends that will help them understand the risks to avoid and the necessary steps to take when they’re unsure in certain situations.

The IBM Cyber Security Intelligence Index reports that 95 percent of security attacks are the result of human error. So, employee cybersecurity awareness training is a great way to prevent such errors.

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