6 Top Cyber Security Trends to Watch Out For in 2023

March 29, 2024
Natalie Thorburn


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Today's automated and digitally interconnected world makes it more critical than ever for businesses to stay ahead of emerging cybersecurity concerns. Several cybersecurity trends are emerging that will change how we view internet security as a whole.

The need for cybersecurity grew when the Coronavirus pandemic hit, as numerous sectors were disrupted. The incorporation of remote work into commercial processes made IT infrastructure and systems vulnerable to security threats. Therefore, it makes perfect sense to be two steps ahead of hackers and cybercriminals continuously trying to steal important data. With that in mind, here are a few top cybersecurity trends you need to watch out for in 2023.

The Need For Cybersecurity Professionals Will Increase

It's always been difficult to locate and hire cybersecurity professionals with experience and training in any industry. However, the need for such professionals will increase even more in 2023 due to reliance on a scattered workforce. Aside from that, businesses are always looking to hire more qualified cybersecurity specialists who can aid them in securing corporate networks. This is a fantastic opportunity for those interested in pursuing cybersecurity career. So, if you're someone who wants to take advantage of this, consider getting an online MBA in cybersecurity to make a difference and earn a handsome salary. Also, businesses are enforcing initiatives to teach their current employees how to recognize cyberattacks. That said, it would require a lot of effort, time, and money to train current employees or acquire new cybersecurity specialists effectively.

The Vulnerability Of IoT Devices Will Increase

The popularity of IoT (Internet of Things) devices is rising quickly. By the end of 2022, nearly 29 billion gadgets worldwide will be connected to the internet, predicts Ericsson. They are used by businesses in different sectors, including manufacturing, transportation, healthcare, retail, and energy. However, IoT devices aren't impervious to cyber threats.

In fact, hackers can take advantage of flaws in the operating system, application code, or device firmware. IoT devices that have been compromised can reveal confidential information and jeopardize network security. So, to protect IoT devices, businesses must implement strict security procedures. They should create comprehensive policies and procedures to protect IoT devices and teach staff the right handling methods.

New Data Privacy Regulations Will Be Put In Place

These days, the public has never been more aware of the unauthorized sharing of their personal information. The controversy targeted by digital advertising sparked in recent years is a fantastic example of such a thing. Tech behemoths like Facebook, Google, and Apple have gained enormously from digital advertising revenue due to less strict data compliance laws. But they now have to make significant adjustments to their privacy policies to satisfy their users' desire for privacy.

New laws like the GDPR (General Data Protection Regulation) and CCPA (California Consumer Privacy Act), which gives individuals control over their personal data and imposes new data protection obligations on organizations, have been made possible by the public's increased awareness of these issues.

Therefore, in 2023, the role of regulatory compliance in cybersecurity tactics to reduce risk and liability will increase tenfold. If not, businesses risk fines and penalties that interfere with operations and harm their brand.

There Will Be A Rise In Phishing Attacks

With every passing day, security measures are getting more and more complex. However, due to this, phishing attacks are getting increasingly complicated as well. Hackers are continuously manipulating people into disclosing personal information using social engineering techniques. Attackers might, for instance, send emails that seem to be from a reliable business or person. When recipients open them, their systems get infected with malware or ransomware.

Business owners and entrepreneurs who routinely use public Wi-Fi hotspots while traveling are more susceptible to this cybersecurity issue than others. These connections are vulnerable to interception, giving hackers access to business networks. This is why phishing attacks account for 90% of cyberattacks due to their efficiency and accessibility.

However, organizations should educate staff members on the risks of opening dubious links and attachments to help them avoid falling for such frauds. Employees should also receive training to spot typical phishing attempts, such as messages that demand private information or immediate action. They should notify a supervisor immediately if they receive an email or message that they believe to be a phishing attempt. At the end of the day, prevention is better than a cure when it comes to phishing attacks!

There Will Be More Attacks On Cloud Services

Although cloud computing has many advantages for businesses, it raises various security issues. After all, several cloud companies offer limited control over network resources and data storage. This means that hackers and cybercriminals might potentially cause chaos if they are able to access the cloud.

For instance, hackers can tamper with data inside a DBMS or delete every file on a cloud server without any repercussions. They might even put viruses or spyware on servers. Therefore, organizations should implement extra security measures when using cloud platforms to avoid such vulnerabilities. Furthermore, your cloud solution provider must use robust authentication procedures and offer suitable security protections.

There Will Be An Increase In Cybersecurity Awareness

Numerous organizations are taking action to increase their understanding of cybersecurity issues in response to the increased threat of cyberattacks. According to Fortune Business Insights, the global cybersecurity market is anticipated to increase from 155.83 billion dollars in 2022 to 376.32 billion dollars in 2029.

Hence, organizations are investing in training programs and educating staff members on the best practices for safeguarding sensitive data as cybersecurity becomes more widely recognized. In fact, to prevent unwanted access to systems and networks, they are also putting policies and procedures into place. But the fact is that only 50% of US organizations follow a cybersecurity plan makes us believe there is still plenty left to be done.

The Final Words

Business leaders will look for new strategies and methods to defend against sophisticated cyberattacks and secure their data as cybersecurity problems evolve. The same is true for consumer-level cybersecurity. Taking precautions like installing antimalware software or cross-platform antivirus will improve the security of each device you own. In the end, the difference between companies that will be susceptible to cyberattacks and companies that have the resources to lower the risks of data theft and breaches will come down to how urgently they address security procedures.


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