Cyber Security Trends to Look Out for in 2023 and Beyond

As many technological advancements are taking place, cyber security has become a major concern for most organizations. The past few years have brought a revolution in technology as more people understand technology and rely on it in many ways. To ensure the safety and security of online activities Internet Service Providers use various technologies such as proxy servers, firewalls and intrusion detection tools.

As cybersecurity measures advance, so do cybercriminals. They are developing tactics that can still exploit any vulnerabilities found in digital systems. This article looks at some trends in cyber security  in 2023 and beyond.

Cyber Security Trends Categorized 

Cybersecurity trends come in three categories:

  1. Process-oriented cybersecurity trends: These focus on developing policies and processes that ensure information is appropriately secured and managed.
  2. Technical cybersecurity trends: These trends use the latest technological advancements to strengthen networks and IT systems.
  3. User based cybersecurity trends: These involve educating users on the importance of cybersecurity.

A Look At the Trends

Here are the trends to look out for:

Challenges in IoT-A and 5G Security

Undoubtedly, the 5G network is a game changer. The widespread adoption of this technology means there are more people who now connect to the internet. This in turn has resulted in the Internet of Things- Architecture (IoT-A) which makes the Internet more ubiquitous than ever, and promises to make the digital society more entrenched.

As more devices continue to connect because of the 5G technology, it also produces potential vulnerabilities for cyber attacks. For example, there’s a potential for large-scale and well-coordinated attacks on mobile infrastructure.

Cloud Security

Cloud computing also has its own cybersecurity risks. As it continues to provide multiple benefits for businesses and organizations, cloud security has to be tighter than ever before. Cyber criminals understand that the cloud holds some important information, so a more comprehensive cybersecurity strategy is needed for data protection in this space.

Ransomware-as-a-Service 

Companies must improve their protection against Ransomware-as-a-Service (RaaS) threats, which means they must practice good cyber security with their processes. RasS attacks have become more popular over the years. Cybercriminals encrypt a victim’s data and demand ransom to release the information. This means there’s a potential for more ransomware platforms to emerge. 

Third-party Vendors and Service Provider Attacks

These are also known as supply chain attacks, targeting third-party vendors and service providers. Cybercriminals access the data of customers in the system and exploit the business owners. As businesses become more reliant on the network of supplies, the risk of supply chain attacks will increase. Companies must eliminate any weak links associated with organization security to minimize the risk of supply chain attacks.

AI-generated Synthetic Media

Cybercriminals are likely to use AI-generated synthetic media for malicious purposes. AI-generated synthetic media is also known as Deepfake AI or disinformation. This creates fake videos or audio to manipulate the prices of the products and services a business offers, or influence consumers’ opinions. Deepfakes can also be used to exploit employees to reveal sensitive information or transfer funds. In this case, cybercriminals will impersonate top management.

AI-Powered Attacks

AI has brought an entirely new mindset for companies and individuals. Undoubtedly, cybercriminals have also thought of ways of using AI to develop attacks. There will likely be more AI-powered attacks that can bypass security measures put in place by businesses and individuals. For example, AI could generate a realistic email to deceive users and not be detected by security software.

Cloud Jacking

Cloud jacking is accessing a company’s cloud infrastructure and exploiting it for financial gain or to create more attacks. As more businesses move to the cloud infrastructure, they are bound to become more vulnerable to these attacks.

Cyber Threat Intelligence

Cyber threat intelligence involves analyzing existing threats and identifying possible future threats. This is an essential business process as cybercriminals continue devising new ways to exploit systems.

Cyber-insurance

This type of insurance has been devised to protect businesses by covering any losses they incur due to a cyber attack. As attacks become more advanced, businesses will likely have no choice but take on cyber insurance.

Multi-Factor Authentication 

Multi-factor authentication (MFA) ups the ante when it comes to personal security. On showing your username and password, the system will require more factors and evidence to authenticate you as the authentic user. There are other measures such as face recognition and fingerprints that come in use here, especially for mobile devices. This can prevent hacking and ensures an extra layer of security for your data and any valuable information.

Final Thoughts

Users online must stay informed on the latest trends and implement the best security measures. As cyber security gets tighter, cybercriminals will continue to adapt and refine their methods of exploiting businesses and individuals for financial gain.