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5 Cyber Security Trends to Know in 2023

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The number of hacker attacks is growing rapidly with the development of new technologies and places from where they can steal data and finances. Attackers can expose the sensitive information of your users or your organisation or even stop your entire business operations for hours and days sometimes. While market giants have already implemented the best techniques to ensure the safety of data, some companies only now realise the danger of these threats.

Since poor security can cost organisations millions of dollars, they now know that it is best to prepare or prevent these attacks by using cyber security services. COVID-19 also made companies who applied remote work more vulnerable to attacks from hackers. And if you are one of them, we recommend you keep a close eye on modern cyber security trends to make sure your sensitive user data is protected so you can have peace of mind.

What are Cyber Attacks?

Cyber attacks refer to an attempt to disable computers, steal data, or make the software infected to launch additional attacks. Modern cybercriminals use various methods to perform their cyber attacks; were most popular today are:

  • Malware;
  • Phishing;
  • Ransomware;
  • Man-in-the-middle attack.

Cyberattacks are now happening much more often than before, and the number is growing every day. Financial losses of organisations from even attempts exceed the global losses incurred from the global trade of all illegal drugs. Therefore, when it comes to cybersecurity, no one will be surprised knowing that every small, medium and large business that somehow manages data and money now uses various cybersecurity services.

Alongside financial losses, hackers can significantly damage your reputation, which turns into poor revenue, and lack of user trust, and even can lead your business to court because of strict regulations you should follow. Studies show that half of the global cyber attacks target small businesses. This usually happens because small businesses usually don’t have sufficient cybersecurity measures or don’t know how to protect themselves from such threats.

A survey performed in 2020 found that the most common cyber attacks modern companies face are phishing (38%), inadvertent disclosure (12%), stolen/lost device or records (8%) and system misconfiguration (5%).

5 Hottest Cyber Security Trends to Look For in 2023

Since hackers develop new ways of stealing data, the number of cyber specialists is also growing. They, in turn, discover all these threats to design new ways of protecting organisations from attackers. The hottest cyber security trends we can see in 2023 are:

User Awareness

Most cyber-attacks are happening just because users don’t know what methods attackers use to steal their data. And even if a particular business does its best to protect users’ data, we all live online now, sharing our lives on social media via emails, texting and phone calls.

Since cyber threats are becoming more aggressive, businesses and organisations take all available measures to guarantee the safety of user data. However, users are still sharing their information online. This is why they usually become a target. So one of the key trends in cyber security today is informing society about methods attackers use.

Geo-Targeted Phishing Threats

Phishing attacks refer to the practice of sending fraudulent communications that users confuse with a reputable source. This type of attack usually happens via emails. Phishing is considered the most pervasive security threat to the IT industry today, as many people still become a victim of phishing emails. Since attackers now develop more advanced methods to perform their business email compromise attacks (BEC), phishing emails, as well as malicious URLs, remain the biggest issues on the web. However, now they are highly localised, personal and even geo-targeted. This makes it harder to identify which one is safe and which one is not.

Attacks on the Healthcare Sector

This industry has become one of the most flourishing during COVID-19. Healthcare organisations and private clinics started to develop their apps and web services, therefore becoming a great target for cyber hackers. So now, hospitals and organisations that store patient data should invest more in cybersecurity.

However, well-established healthcare companies use blockchain at the core of their applications. Even though blockchain provides one of the highest security levels, companies still lose their data due to a lack of cybersecurity in their team. Healthcare organisations prefer to use penetration testing services UK to prevent any threats and save money.

Machine Learning (ML)

The role of Machine learning is growing in almost any industry, and cybersecurity is not an exception. This is because the right ML implementation can make cybersecurity simpler and more efficient while also reducing costs. Using a vast dataset, ML helps in creating patterns and manipulates them with algorithms. Therefore, this software will be able to anticipate and respond to hacker attacks in real time, preventing costly mistakes.

ML technology utilises rich and sophisticated information to produce efficient algorithms. However, to let it work the way it should, developers should use data that comes from everywhere and make as many potential scenarios as possible. This will allow ML to analyse threat patterns and learn how to respond to them.

Cloud Security

Since cloud management software has become a popular tool for many businesses during the last few years, experts believe that it will also be used by cyber security specialists. Even though most cloud services now do not offer effective encryption, authentication, and audit logging, new technologies can solve this problem next year.

Final Thoughts

No one will ever know what we have to wait for from cyber criminals in upcoming years and what threats they will develop to steal our data and compromise the business. However, we see an increase in hacker attacks every day and every year caused by new technologies and global digitalisation. However, cyber specialists are also working hard to find the best solutions to keep companies and their users safe and protected.

Source: Plato Data Intelligence: Platodata.ai

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