It’s time again for cybersecurity experts to predict what will happen next. In 2022, we already saw a record-breaking number of data breaches, phishing scams, and cyberattacks. Also, there was a spike in hacktivism cases, where state-sponsored hackers took over critical infrastructure and launched distributed denial of service attacks.
It’s easy to predict that in 2023, cybercrime will set new records.
Privacy and Regulation
Around the world, governments will be taking the necessary steps to protect the privacy of their citizens. In 2023, several states will introduce new legislation covering personal data protection.
In the US, more than 250 bills related to cybersecurity were introduced in 2022. One of these required critical infrastructure companies to report incidents involving ransomware and cyber attacks. The Securities and Exchange Commission also proposed new regulations requiring public organizations to disclose the details of their cybersecurity experts.
Zero Trust
The increasing popularity of remote working will continue to drive the need for more effective and resilient cybersecurity strategies. One of the most common factors affecting this is the lack of scalability of virtual private networks. With zero trust, organizations can adopt a multitier, secure, and scalable approach. This strategy ensures that only authorized users have access to the needed resources.
Users are reauthorized and continuously validated in a zero-trust environment.
Mainstream Tools for Threat Detection and Respons
The only way to stop a cyberattack is by identifying its unusual activity across an organization’s devices and applications through threat detection tools.
A threat detection tool can analyze historical data to identify anomalous patterns and prevent attacks. It can additionally use machine learning and artificial intelligence to identify and block advanced threats.
The demand for cloud-based solutions that provide end-to-end threat detection and response will increase significantly in the next few years.
Third-Party Risk Management
An increasing number of attackers can circumvent the security measures that large organizations use to protect their supply chains by targeting smaller organizations.
Due to the increasing number of attacks on software supply chains, It’s projected that 45% of organizations will be affected by cyber-attacks by 2025. This is why companies must adopt effective third-party risk management strategies.
In 2023, the threat landscape will continue evolving at the current pace. To effectively address this, organizations should remain vigilant and use security expertise to provide advice and guidance.