7 Cybersecurity Trends To Watch Out For In 2023

    Cybersecurity has become an area of major concern for businesses and organizations around the globe. 2022 has witnessed a major hike in cybersecurity breaches, including record-breaking cyberattacks in Costa Rica, where the government had to declare a national emergency. Cyberattacks and security breaches have increased as cybercriminals continue adopting sophisticated tools and technologies to invade public and private networks, web applications, and the internet of things. 

    With more businesses turning to managed information systems and subscription-based applications to fulfill their growing IT needs, data breaches and intrusion risks have increased. As the scuffle continues to escalate between cyber criminals and security specialists in 2023, organizations and businesses must employ state-of-the-art security parameters and data encryption techniques to maintain a strong cyber posture and mitigate security risks. Continue reading to explore 7 cybersecurity trends to watch out for in 2023. 

    Top Cybersecurity Trends in 2023

    Here are some top cybersecurity trends to watch out for in 2023:

    • Demand for Cybersecurity Professionals Continues to Grow

    The increasing data security risks have compelled businesses to hire talented cybersecurity professionals and implement cutting-edge technology to counter cybersecurity attacks. For this purpose, businesses are relentlessly searching for competent cybersecurity experts with the right educational background and hands-on experience in countering cybersecurity threats. The cybersecurity job market is expected to grow by 10% in 2023, and job openings will reach 3.5 million by 2025. 

    To accommodate the increasing demand for cybersecurity professionals, universities and institutions are offering both on-campus and online degree programs in cybersecurity. For working individuals, an Online Bachelors Degree in Cybersecurity is an ideal option as it allows them to earn a degree without disrupting their work schedules and daily routines. A degree in cybersecurity will help you gain proficiency in both the technical and managerial aspects of cybersecurity and forge a successful career in data and network security. 

    • Cloud Security Remains Critical for Businesses Worldwide 

    Businesses are increasingly shifting to cloud-based applications and subscription-based SaaS models. As more businesses need to move their data and applications to public or private clouds, cloud security will become an increasingly important concern in 2023. The changing threat landscape will pose greater and more complex challenges for businesses that operate in multi-cloud and hybrid-cloud environments. Cybersecurity specialists will emphasize securing cloud services, such as SaaS, PaaS, and IaaS, as well as protecting data in transit and at rest. Security automation and complex data encryption techniques will be required to deal with security challenges in complex cloud structures. 

    • AI and Machine Learning in Cybersecurity Continue to Proliferate

    Artificial intelligence (AI) and machine learning (ML) are becoming increasingly important in cybersecurity. In 2023, the use of artificially intelligent tools will become more common. These tools can detect and respond to cyberattacks in near real-time and automate the threat detection and response process. AI and ML cybersecurity tools can analyze heaps of data from various internal and external sources to identify and mitigate potential security threats, including zero-day attacks. Deception technology based on artificial intelligence (AI) will be used to identify and respond to advanced persistent threats (APTs) and other targeted attacks.

    • IoT Security Becomes a Major Concern

    As the Internet of Things (IoT) continues to grow, the number of connected devices will increase, making IoT security a major concern for businesses. The internet of things will face more complex security challenges in environments where rapid real-time data exchange is inevitable, such as manufacturing, transportation, healthcare, and integrated supply chains. Businesses need to put greater emphasis on securing IoT devices that operate within a cloud or on-premises and improve security measures for safe booting, firmware upgrades, and protection from data tampering and unauthorized access. 

    • Identity and Access Management (IAM) Becomes a Necessity

    Insider threats, phishing, ransomware, and other malware are expected to make up a significant portion of cybersecurity attacks in 2023. As the number of devices and services that require authentication continues to grow, identity and access management (IAM) will become a necessity. Businesses must focus on securing user identities, managing access to resources, and protecting against identity theft and fraud. 

    Businesses can achieve this by introducing zero-trust security models for IAM, which assumes all users and devices are potentially compromised. Another successful strategy to counter identity theft and fraud is implementing multi-factor authentication (MFA) algorithms. These mechanisms will help businesses to improve identity verification and add another layer of security to their existing security protocols. 

    • New Threats to 5G Security

    As 5G networks are deployed and adopted, they will create new security challenges, including security during data transmission and communication, infrastructure protection, and integrity of the devices connected to 5G networks. Security parameters for 5G networks include a secure boot, firewall implementation and updates, and sophisticated encryption techniques to protect against tampering and unauthorized access. Businesses must also focus on compliance and regulatory requirements for 5G security and securing critical infrastructure against 5G-based attacks. 

    • Social Engineering Becomes Widespread

    Social engineering attacks, such as phishing, will continue to be a major concern in 2023. These attacks use psychological manipulation to trick victims into providing personal information or login credentials or performing certain tasks. The increased use of smartphones and social media in 2023 will result in more conventional phishing, vishing, and smishing attacks. Sophisticated tools will allow cybercriminals to plan targeted social engineering attacks, such as spear-phishing and whaling. Deepfake technology will further advance and be used for creating realistic videos and audio to target and bribe high-profile individuals. 

    Businesses and organizations can use AI-based tools to detect and counter social engineering attacks and train and educate employees to help them identify and resist them.

    Final Thoughts

    Considering a rapid change in the threat landscape, inadequate security measures or the absence of a strong security policy can lead to financial losses, loss of customer trust, and severe damage to the organization’s reputation in the eyes of prized stakeholders and investors. Organizations must consider the changing trends in cybersecurity and reformulate strategies to cope with evolving security concerns. The security trends mentioned above can help businesses and organizations adopt a forward-looking strategy to mitigate security risks and secure their sensitive data, networks, and applications from cyberattacks. 

    It’s important to note that these trends are not exhaustive, and new trends may arise as technology and cyber threats evolve. Organizations must stay proactive about cybersecurity threats and trends to protect themselves and their assets.

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