Businesses are in a constant battle against cybercriminals. Increased awareness and bigger investments into keeping data and systems safe have not decreased incidents. Instead, each year brings new challenges.
Thus, following security best practices and plugging all vulnerabilities is only one half of the equation. Businesses also have to pay attention to cybersecurity trends and industry advancements.
As the leading managed services provider in Dallas, Herrod Tech strives to educate and inform our clients of industry developments. This article will look at the top cybersecurity trends to watch out for this year.
Increased Risk of Automotive Hacking
Modern automobiles continue to push the boundaries with interconnectivity. The software solution in most private and public transportation methods relies on the internet to control everything from door locking to airbags deployment.
Thus, there are even more vulnerabilities for hackers to exploit. Attacks involving cybercriminals tapping into microphones in vehicles for eavesdropping and taking over control of a vehicle’s control centers will rise in 2023.
Increased Use of Artificial Intelligence (AI) in Cyber Attacks and Threat Management
The growth of AI in recent times has led to significant gains in diverse market sectors. However, bad actors are also using the technology to create intelligent spyware and malware that can evade high-level security systems.
This year, we’ll see security experts channel more resources toward AI-based threat detection solutions in response to the rise of intelligent malware.
Higher Focus on Mobile
Mobile phones are more powerful than ever. The rise of remote working has also led to more people relying on mobile devices for work, communication, and entertainment.
As a result, these devices store a high amount of sensitive personal data, which makes them attractive to cybercriminals. Thus, 2023 will see more mobile-targeted attacks.
Therefore, businesses must add extra layers of protection to mobile devices to keep the data on them safe. They must also revamp the software development process for in-house apps to reduce the risk of vulnerabilities.
Increased Cloud-Targeted Attacks
Most businesses rely on cloud or hybrid solutions these days, which can unintentionally hand over critical data to third parties.
Granted, the top cloud technology providers take cloud security very seriously. However, user error and key personnel falling prey to phishing attacks can still leave businesses exposed. Thus, as more businesses adopt cloud solutions, cybercriminals will continue fashioning attacks toward accessing critical cloud-based data.
Increased Attacks on the Health Sector
Attacks on the health sector are one of the cybersecurity trends to watch this year.
More hospitals and health organizations are investing heavily in cybersecurity as a response to the sector becoming a prime target for cybercriminals. In the last few years, attackers have stolen billions of records following data breaches at hospitals and health organizations.
Thus, 2023 will be another year of growth in this niche cybersecurity market as organizations try to stay ahead of threats.
A Rise in IoT Cybersecurity Attacks
The Internet of Things (IoT) bridges the gap between the real and virtual worlds, making users increasingly unsafe. Compromised cameras and routers are the targets of most IoT attacks today.
However, they can also target other devices like home assistants. Thus, businesses must explore security measures to protect key personnel from this new threat bound to become more prominent this year.
More Government-Backed Cyberattacks
Governments around the world have sponsored attacks against each other for years, and 2023 will be more of the same—especially as the battle for supremacy in the post-pandemic economy continues.
With continued tensions between the major global powers and dozens of elections slated this year, businesses and organizations must be alert to prevent high-profile or crippling breaches.
Rise of Targeted Ransomware Attacks
Ransomware attacks have become more popular each year, and 2023 will be no different. Cyber attackers will target high-value businesses that rely on software for their daily operations and may also go after key personnel where company-wide attempts are not feasible.
Thus, cybersecurity teams must continue education on phishing attacks to save businesses from doling out ransom payments.
Increased Adoption of Multifactor Authentication (MFA)
Cybercriminals rely on compromised credentials to break into networks in many cases. Thus, more businesses have adopted MFA to make such attacks more difficult. This method of authentication requires users to enter multiple credentials from various sources.
For example, instead of entering just a password to access critical data, the user has to enter the password and codes from a mobile authentication app. More businesses will adopt this solution as a countermeasure to prevent phishing attacks.
Significant Improvement in Deepfake Technology
If you’ve seen thought leaders or CEOs in a video making statements or engaging in almost unbelievable acts, you may be watching a deepfake. Deepfakes are now harder to spot, giving scammers another loophole to exploit when attacking businesses.
2023 may be the year when attackers can create lifelike videos of anyone. Businesses have to take steps to protect themselves against attacks from impostors hiding behind a familiar face.
Is that video call with the real CFO or an attacker somewhere using their face and voice to communicate?
Increased Adoption of Zero Trust Security Approach
Zero Trust is a security approach that continuously validates and authenticates all users within and outside an organization’s network before giving them access to data and applications.
The idea behind this security framework is that anyone can be the source of a vulnerability. Therefore, requiring reauthentication for every user can help reduce the threat of targeted attacks.
Prepare Your Business for the Year Ahead
Is your business positioned to avert attacks this year? The cybersecurity trends we have explored here show that it’s becoming harder to operate a business without a robust security system.
Schedule a consultation with the Herrod Tech team if you want to overhaul your security system and processes. We know the common cybersecurity threats for businesses, and we can help you put together an all-encompassing layer of protection against them.
Protect your business from cyber threats this year. Send us a message today to get started.