Cyberattacks are becoming more sophisticated as technology advances. As evidenced by the fact that he 92% of all data breaches that occurred in the first quarter of 2022 were caused by cyberattacks, cybercrime is on the rise as the use of technology in our daily lives increases. is increasing. To combat these, it’s important to stay up to date with cybersecurity trends and legislation. Threats that can have a significant impact on the development of your business.
2023 is expected to see new trends in the cybersecurity market, and businesses should be well prepared for every development. His head of web security at Gcore, Andrey Slastenov, shares his insights on these trends in this article.
1 — Application security
According to Statista, application security spending is projected to exceed $7.5 billion as businesses moved online to survive during the pandemic.
However, all applications are subject to hacks, zero-day attacks, and identity theft. Ensuring application security requires experts to write secure code, design a secure application architecture, implement robust data input validation, and quickly address vulnerabilities to prevent unauthorized access or Change should be prevented.
2 — Cloud Security
According to additional data from Statista, cloud security is the fastest growing segment in the IT security market, projected to grow by around 27% from 2022 to 2023. COVID-19 outbreak. While more businesses are choosing cloud data storage for its convenience and fast access, there is also a growing need to protect cloud data both in transit and at rest to prevent unauthorized access.
3 — Mobile Security
Mobile phones have replaced our trips to the bank, the store, and outings with friends.With just a few taps of an app, you can order services and products without leaving your couch. All apps store data, search history, order history and location information. The number of attacks in this area continues to grow with the market, and malicious actors take advantage of simple opportunities in e-commerce, banking services, and online bookings to take advantage of as much as possible.
4—IoT
As a result of home automation using IoT, the supply of devices for the ‘smart’ home is expected to reach 1.8 billion by 2025. Smart devices, smart homes and voice assistants have become an integral part of our lives. However, you should remember that each such device can be hacked and hijacked by cybercriminals. For example, the rate of hacking of automotive systems is increasing. Safety airbags, climate control, and other critical functions are increasingly connected to the internet. By 2023, as self-driving cars become more prevalent, we expect to see an increase in attempts to hijack self-driving cars and eavesdrop on conversations.
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5 — Remote Work and Attacks on Corporate Networks
Remote work has eased corporate control over the secure use of data by employees. Cybercriminals, along with those involved in phishing and social engineering, are leveraging this loophole to compromise networks using increasingly sophisticated attack methods.
Secure authentication management and authorized access to corporate data are the main ways to secure this area.
As mentioned earlier, social engineering remains a factor to consider and continues to evolve. Over the years, attacks have become multi-channel. This means that the same users receive phishing emails and are targeted via SMS and social media.
6 — Cyber Insurance
As the level of cyber-attacks and their associated risks continues to rise, new related industries designed to mitigate these risks, such as cyber insurance, are also growing. Organizations use this to minimize the threat and economic loss from attacks.
It is becoming increasingly mandatory for companies to demonstrate an adequate level of protection for full insurance coverage. Small businesses may need help meeting cyber insurance requirements to keep corporate data safe.
7 — Zero Trust will not replace VPNs — yet
The concept is “Don’t trust, always verify”. In a Zero Trust environment, users are constantly checked, re-evaluated, and re-authenticated using multiple authentication methods.
Gartner believes Zero Trust Network Access (ZTNA) is the fastest growing form of network security, growing 31% by 2023 and completely replacing VPNs by 2025.
8 — Artificial Intelligence
Artificial intelligence (AI) is already being used successfully in cyber defense. Expect more prevalence in 2023, especially in monitoring, resource and threat analysis, and rapid response capabilities.
9 — Attack detection tools are no longer a luxury
Each attack can have serious consequences, as security measures are not in place or are not currently available. A successful data breach can cost millions of dollars, with the amount directly dependent on the type of attack and its duration, as well as reputation, customer loyalty, and the loss of customers themselves. We make no predictions or guarantees about the business or industry. Any company that stores data on its network can be attacked.
The only way an organization can stop an attack or mitigate its impact is by identifying anomalous activity across its ecosystem of users, applications, and infrastructure. As such, providers are increasingly using AI and ML.
Gartner predicts that demand for cloud-based solutions for detection and response will grow significantly over the next few years.
10 — Cyber Security Outsourcing
As cyberattacks become more sophisticated, many businesses need help ensuring their own high levels of security. As such, there will be a growing trend to protect businesses with professional service providers. Arguably, cyber insurance is raising the bar on levels of protection and service providers will face higher demands.
Conclusion
Cybersecurity trends were discussed based on the latest developments at the intersection of technology and business. By understanding these trends, you can assess your industry’s risk of attack, plan for protection implementation, and put it into action.
Gcore is a global leader in public cloud and edge computing, content delivery, hosting, and security solutions, with protected servers based on high-performance Intel® Xeon® Scalable processors. See how Gcore defeated his January 2023 650 Gbps attack.
