Which are the cybersecurity predictions for 2023?
After a sharp increase of cyberattacks in 2022, in 2023 an evolution in the targets of cybercriminals, deepfake technology, and the role of Governments, a growth of hacktivism, and a consolidations of organizations’ cybersecurity infrastructures are expected, as Check Point Software highlights.
Cyberattacks in 2022
Cyberattacks across all industry sectors increased by 28% in the third quarter of 2022 compared to 2021, and Check Point predicts a continued sharp rise worldwide, driven by increases in ransomware exploits and in state-mobilized hacktivism driven by international conflicts. “At the same time – they say – organizations’ security teams will face growing pressure as the global cyber workforce gap of 3.4 million employees widens further, and Governments are expected to introduce new cyber-regulations to protect citizens against breaches”.
In 2022 cyber criminals and state-linked threat actors continued to exploit organizations’ hybrid working practices, and the increase in these attacks is showing no signs of slowing as the Russia – Ukraine conflict continues to have a profound impact globally. “Organizations – they continue – need to consolidate and automate their security infrastructure to enable them to better monitor and manage their attack surfaces and prevent all types of threat with less complexity and less demand on staff resources”.
Below are Check Point’s cybersecurity predictions for 2023.
Ransomware and phishing
Ransomware was the leading threat to organizations in the first half of 2022, and the ransomware ecosystem will continue to evolve and grow with smaller, more agile criminal groups forming to evade law enforcement.
While phishing attempts against business and personal email accounts are an everyday threat, in 2023 criminals will widen their aim to target business collaboration tools with phishing exploits. These are a rich source of sensitive data given most organizations’ employees continue to often work remotely.
Hacktivism and deepfakes among the cybersecurity predictions 2023
In the past year, hacktivism has evolved from social groups with fluid agendas (such as Anonymous) to state-backed groups that are more organized, structured and sophisticated. Such groups have attacked targets in the US, Germany, Italy, Norway, Finland, Poland, and Japan recently, and these ideological attacks will continue to grow in 2023. Also, deepfakes technology will be increasingly used to target and manipulate opinions, or to trick employees into giving up access credentials.
Evolution in the role of Governments
The breach at an Australian telco has driven the country’s Government to introduce new data breach regulations that other telcos must follow, to protect customers against subsequent fraud. Other national Governments will follow this example in 2023, in addition to existing measures such as GDPR.
More Governments will follow Singapore’s example of setting up inter-agency task forces to counter ransomware and cybercrime,bringing businesses, state departments and law enforcement together to combat the growing threat to commerce and consumers. These efforts are partially a result of questions over whether the cyber-insurance sector can be relied upon as a safety net for cyber incidents.
The automotive industry has already moved to introduce measures to protect the data of vehicle owners. This example will be followed in other areas of consumer goods that store and process data, holding manufacturers accountable for vulnerabilities in their products.
Consolidation of infrastructures
The global cyber-skills gap grew by over 25% in 2022. Yet organizations have more complex, distributed networks and cloud deployments than ever before because of the pandemic. “Security teams – they conclude from Check Point – need to consolidate their IT and security infrastructures to improve their defences and reduce their workload, to help them stay ahead of threats. Over two-thirds of CISOs stated that working with fewer vendors’ solutions would increase their company’s security”.