With the digital revolution taking the world by storm, businesses irrespective of their size or structure are relying on computerized systems for their day-to-day activities. The world is connected, which makes cybersecurity a major area of interest for organizations to safeguard their business-critical data from online thefts, frauds and breaches and cyber-attacks. In fact, even the world's most popular browser Chrome whose parent company is Google was found to have serious bugs.
It is imperative to note that cyber security is a fast-moving sector, as cybersecurity experts on side and hackers and cybercriminals on the other side of the fence continuously vie to outdo and outsmart each other. Hackers and cybercriminals can wreak havoc by stealing your data or interfering with your operations. Unauthorized access can lead to theft of personal information, or in certain scenarios DDOS attacks can even shut down your entire business operations for hours and in worst case scenarios even days.
Data security and risk management, as such, have become a central issue for organizations, who are setting aside money and resources to tackle this menace in an increasingly connected world. In this article, we look at major cyber threats, as well as leading cybersecurity trends to look out for in 2023. We shall also see how a good cyber security company can help modern organizations effectively deal with cyber threats and attacks that are increasingly becoming more sophisticated.
Cloud could also be vulnerable
With more and more organizations now taking the cloud route, it is imperative for organizations to ensure that security measures are continuously reviewed and updated to protect data theft and data breaches. Renowned cloud services providers like Amazon, Google and Microsoft put stringent security measures in place to safeguard data at their end, it is often seen that organizations from their end are often responsible for erroneous errors, malicious software, and phishing attacks. One of the major trends to ensure cloud security is the “Zero Trust” cloud security architecture, which works on the principle of effect first and then cause. It means the system is treated as if the cloud security has already been compromised.
Potential of Artificial Intelligence (AI)
AI making its presence felt across all sectors and segments has profound impact on cybersecurity. Organizations are increasingly leaning towards AI and machine learning to hone their security infrastructure, as AI can successfully carry out myriad number of security tasks, including data analysis and machine learning. This is not that hard to decipher as AI possess all the capabilities to make it a smart choice for more robust and dynamic threat detection mechanism.
Incorporating AI-based automated solutions is of paramount importance as AI has been playing a critical role in development of automated security systems, NPL, face detection, and automatic threat detection. However, it would be a folly to sit idle as hackers and cyber criminals are continuously developing smart malware and attacks to bypass the latest security protocols in controlling data. The good news is that AI enabled threat detection systems are capable of instant threat detection and notification to ensure that remedial measures to limit damage is quickly mounted.
Rise of Automotive Hacking
Modern vehicles nowadays come equipped with an extensive range of automotive features driven by software that carry out tasks like cruise control, engine timing, door lock, airbags and other advanced systems that makes driving fun and safe. These vehicles have a lot of IoT devices, and use Bluetooth and Wi-Fi technologies for communication. All these factors make them vulnerable to attack from hackers. Gaining control of the vehicle through hacking or using microphones for eavesdropping is expected to rise as vehicles become more automated. Cyber security measures will take a more centerstage in case of self-driving or autonomous vehicles, which are more complex machineries that demand more stringent security measures in place.
IoT with 5G Network: The risk increases manifold
According to research reports, there are likely to be more than 70 billion deployed IoT devices worldwide within half-decade or so. An organization becomes more vulnerable to outside attacks as more devices are connected to the internet.
It is important to note that computers or phones have better security measures in place compared to IoT devices. Also, the advent of 5G opens up a new era of connectivity, which holds tremendous opportunity for organizations across the globe, but also make them more susceptible to cyber-attacks. 5G architecture is comparatively new, which makes them vulnerable to outside influence and attacks. In light of this, one of the critical cybersecurity topics to be on the lookout for in 2023 is building sophisticated 5G hardware and increased digitization.
Conclusion
The cybersecurity trends mentioned above will compel more and more organizations to stack up their security. It is believed that organizations are likely spend more than $100 billion to fortify themselves from external threats. A quality provider of cyber security services can help your organization safeguard itself from a myriad number of threats ranging from targeted ransomware, supply chain attacks, attacks on mobile devices, automotive hacking, cloud security and internal threats among others.