As technology advances, cyberattacks are becoming more sophisticated. Cybercrime is on the rise due to the increasing use of technology in our daily lives, with cyberattacks causing 92% of all data breaches in the first quarter of 2022. With the forecast for application security spending projected to surpass $7.5 billion and cloud security being the fastest-growing segment in the IT security market, businesses must stay current with cybersecurity trends and laws to effectively combat these threats. Here are the top 10 cybersecurity trends that businesses should be aware of in 2023:
1. Application security: Ensuring the security of applications demands professionals write secure code and design secure application architecture, implement robust data entry verification, and address vulnerabilities promptly.
2. Cloud security: As more companies choose cloud data storage for its convenience and faster accessibility, there is a growing need to secure cloud data during both transmission and storage to prevent unauthorized access.
3. Mobile security: Every app stores our data, search and order history, and location information. The number of attacks in this sector will continue to grow along with the market, and malicious actors will exploit simple opportunities in e-commerce, banking services, and online booking.
4. IoT: Smart devices, smart homes, and voice assistants have become integral to our lives, and with the expansion of the number of automated vehicles on the roads in 2023, the number of attempts to take them over or eavesdrop on conversations will also rise.
5. Remote work and attacks on corporate networks: Secure authentication management and authorized access to company data are the main methods of protecting this sector. Phishing and social engineering attacks have become multi-channel, meaning that the same user receives phishing emails and is targeted through SMS and social media.
6. Cyber insurance: Organizations turn to cyber insurance to minimize threats and financial losses from attacks. To obtain full insurance coverage, demonstrating a company’s proper level of protection is becoming mandatory.
7. Zero trust does not replace VPNs—yet: The concept of zero trust is based on “never trust, always verify” and is expected to completely replace VPNs by 2025.
8. Artificial intelligence: AI has already been successfully used in cyber defense, and is expected to become even more prevalent in 2023 to monitor, analyze resources and threats, and provide rapid response capabilities.
9. Attack detection tools are no longer a luxury: A successful data breach can cost millions of dollars, and the only way organizations can stop an attack or reduce its impact is to identify unusual activity across their entire ecosystem.
10. Outsourcing cybersecurity: As cyberattacks become increasingly sophisticated, many companies need help to ensure a high level of security on their own.
Conclusion: Understanding these trends allows you to assess the risk of attacks for your industry, consider a protection implementation plan, and put it into action. Protect your website or app from DDoS attacks with Gcore’s global DDoS protection service and get advanced protection and 24/7 technical support. Try it for free today.