5 Cybersecurity Trends for 2023

As each year comes to a close, industry experts compile several different lists of trends to be mindful of in 2023. Bastionpoint has looked over a multitude of this data and strategically placed our top 5 cybersecurity trends to be aware of in 2023. While many of these are business related, they have a lot of end-user undertones.

Learn About These Cybersecurity Trends For 2023 and Protect Yourself:

1. Common Ransomware Attacks

Collectively, we will see ransomware attacks continue and business leaders need to be ready for it. Bad password practices, missing MFA, “poor-mans” endpoint protection, etc. Overall, we don’t see these challenges being overcome for a long time. As business leaders, we should educate our end users on what to look out for, and have an adequate security stack and a disaster recovery (DR) plan in place. Having the right IT Security Partner and MSP, such as Bastionpoint makes these objectives the easiest to obtain.

2. Implementation of Best Practices in Relation to Cybersecurity

Ransomware attacks have risen 240% over the last 24 months. Most times, the initial vector for the infection is the individual endpoints that can move across the infrastructure and compromise backups, etc. Bringing up the fact that “Cybersecurity is Everyone’s Job” can increase users’ awareness and prevent them from becoming complacent. Applying controls to your environment and educating your end users will make you the most successful, but mindfulness is the #1 defense your business has. However, human error is still the primary reason for the data breach. Any bad day or intentional loophole can bring down a whole organization. Reports estimate that employees directly or indirectly made up 34 percent of total attacks. So make sure you create more awareness within premises to safeguard data in every way possible.

3. Absence of a Cybersecurity Culture Will Pose the Most Serious Threat

Similar to previous years, companies will continue to struggle with phishing, ransomware, and DDoS. Remote work is here to stay, along with the security risks that it brings. Unshielded home networks, untrained employees, and the absence of cyber security culture will pose a serious threat to organizations unless they take proper precautions.

4. Rise of Automotive Hacking and Theft

Most modern vehicle manufacturers come packed with automated software creating seamless connectivity for drivers in cruise control, engine timing, door lock, airbags, and advanced systems for driver assistance. These vehicles use Bluetooth and WiFi technologies to communicate, which also opens them to several vulnerabilities or threats from hackers. Gaining control of the vehicle or using microphones for eavesdropping is expected to rise in 2023 with more use of automated vehicles. If you’ve got a self-driving or autonomous vehicle, the safety risks may increase.

5. GDPR Compliance

The general data protection regulation is the decade’s most notable development in IT across the European Union. The law is the brainchild of the EU, but it’s already having major impacts on data protection requirements across the globe.

The law imposes standard data security law on all EU countries and requires all organizations selling to EU residents to comply with its regulations regardless of their location. As such, GDPR provides uniform data protection to all consumers in the EU regions.

Since the GDPR is still fairly new, it hasn’t fully taken root, and most companies are still not ready to ensure compliance. However, companies worldwide are slowly adopting the changes to accommodate the new regulations.

Honorable Mention:

Mobile is the new moving target. Cybersecurity trends provide a considerable increase (50 percent) for mobile banking malware or attacks in 2019 and an additional 42% in 2020. All our photos, financial transactions, emails, and messages pose more threats to individuals. Smartphone viruses or malware may capture additional attention to cybersecurity trends in 2023.