Top 7 Cyber security predictions for 2023

With organizations going digital and attacks becoming more sophisticated here’s what’s in store for the year 2023.
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Watch out for these cyber security trends in 2023

As cyber security threats become more complex and sophisticated, old strategies of dealing with these threats are no longer complete. Security and risk management have become a top priority for organizations. New regulations and laws have been passed to protect consumers’ personal information. Organizations are strengthening their security measures and gearing up to defend themselves against ransomware and supply chain attacks. Given below are some top trends to watch out for in 2023..

1. Increase in automotive hacking

The automotive industry is up for some serious attacks. As the industry moves towards a digital landscape it is said to open itself up to vulnerabilities and threats from hackers. Safeguarding digital data and CAD designs will be the primary goal for this industry. Even a small security flaw is going to cost your intellectual property.

2) Huge spikes in ransomware and malware

The year might experience a sharp spike in the number of ransomware and malware attacks. While business collaboration eases and remote work enhances, we can see a spike in such attacks as the threat ecosystem is also constantly evolving.

3) Governments to beef up laws and enforcement will become stringent

We will see more countries introducing new data breach regulations and data security laws to protect their customers. Existing laws like GDPR will be more stringent and industries will be accountable for vulnerabilities in their products.

4) Automation and integration

Modern work culture put employees and professionals under pressure to deliver quick and efficient solutions. Large amounts of data and manual handling poses security risks. Therefore, automation will be integrated to provide a more sophisticated control. Automation and automated security solutions will take the fore seat in business processes.

5) Complex supply chain dependency will increase

A collaborated economy is driving organizations to depend on different components of third-party vendors through supply chains. Real-time monitoring of third-party risks and vulnerabilities will gain momentum.

6) Data-centric security will be imperative to gain customer trust

With digital engagements gaining momentum, customers expect to control their data and how organizations handle them. To keep up customers’ trust, organizations have to embrace data-centric security, data privacy, and security compliance.

7) Evolving Operation Technology threats

The focus of Cyber attackers will see a shift from business interruptions to physical harm on hardware and software that control industrial processes. Organizations need to implement threat identification, monitoring, and prevention controls to address OT security risks.

Conclusion

As IoT, 5G, Blockchain, Quantum, and other technologies continue to accelerate, cybersecurity risks associated with these technologies will also become evident. As organizations strive to adopt these technologies, they need to implement appropriate data-centric security measures. With more technology breakthroughs and frequent cyber threats, organizations need to actively assess and build a unified data-centric security to protect their most prized assets “data”.

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