In a cybersecurity article published in November, we laid out the top five of the 10 cybersecurity trends you should look out for in 2023:
- User awareness
- Cloud security
- IoT (Internet of Things) Vulnerability
- Mobile devices as attack vectors
- Cyber attacks on financial services
We also mention that this year there is expected to be an increase in ransomware attacks in Europe and Latin America, which will lead to the interruption of the business operations of several entities and the loss of intellectual property of many companies.
In order for you to be prepared to face this threat, here are the remaining top 5 cybersecurity trends to watch out for this coming year.
6. SaaS solutions will overtake API solutions
Software-as-a-Service (SaaS) security solutions will overtake API security solutions by 2023. SaaS security received massive funding and investor attention in 2022, which will continue in 2023.
As security organizations continue to sell their products as a service, SaaS Security Posture, monitoring services (SSPM) and building infrastructure to control the security of their software applications will become a new priority for organizations.
Security monitoring of third-party vendors, applications and software will become a more widely discussed component of fostering cyber resilience.
7. Focus on Chief Information Security Officers (CISOs)
The role and responsibility of CISOs (Chief Information Security Officers) will be highlighted following some of the most notorious data breaches in recent years, such as the attack against Uber in mid-2022.
Cyber attacks are unpredictable, and even the most ethical and secure organizations with highly trained CISOs can experience a damaging attack. However, the responsibility for an effective attack will still fall on CISOs.
We encourage CISOs to continually educate themselves by staying current on security events and maintaining the most up-to-date licenses. and manage and assess their organization's cyber risk in a comprehensive manner.
8. Ransomware threats
The threat of ransomware attacks will make data exfiltration a major concern for organizations. A successful ransomware attack is an existential threat to enterprises.
"Organizations of all sizes need a holistic approach to cybersecurity that integrates everything from anti-malware to email security to vulnerability assessment capabilities," said Candid Wüest, vice president of cyber protection research at Acronis, in this feature on ransomware attacks.
Cybercriminals are becoming too sophisticated and the results of attacks too dire to leave it at single-layer approaches and point solutions.
As ransomware threats continue to become more complex and frequent, it will be imperative for all organizations to establish strategies to build cyber resilience.
9. Data breaches: primary target
Data will continue to be a major concern for organizations around the world. Whether for an individual or organization, protecting digital data is now the primary focus.
Any minor flaw or bug in your browser or system software is a potential vulnerability for hackers to access personal information.
Strict new measures The General Data Protection Regulation (GDPR) was implemented from May 25, 2018 onwards, offering data protection and privacy for individuals in the European Union (EU). Similarly, the California Consumer Privacy Act (CCPA) was implemented after January 1, 2020 to safeguard consumer rights in the California area.
10. Internal threats
Human error remains one of the leading reasons for data breaches. Any bad day or intentional slip-up can bring down an entire organization with millions of stolen data.
Verizon's data breach report provides strategic insight into cybersecurity trends that 34 percent of all attacks were either directly or indirectly carried out by employees.
So be sure to create more awareness within the facility to protect data in every way possible.
