“It takes 20 years to build a reputation and few minutes of cyber-incident to ruin it.” 

Cybersecurity continues to be a hot topic and we all know why. Like every great thing, the cyber world also comes with a lot of risks.

With all the Digital Evolution going around all businesses, everyone is dependable computerized systems for their daily activities whether multi national companies or small businesses. So it became necessary to safeguard data from various online attacks or any unauthorized access.

What is Cyber Security?

Cybersecurity is a method of safeguarding networks and devices from external and malicious attacks. It is the way of protecting all internet-connected systems such as hardware, software and data. Cybersecurity statistics indicate that there are 2,200 cyber attacks per day, with a cyber attack happening every 39 seconds on average. So now you know the importance of cyber security and need to protect our systems.

The cybersecurity landscape is continuously evolving and 2023 is not an exception. You can see new trends and any business that want to protect their network must be willing to adapt to these changes.

Here are some new trends in cyber security.

1.  Cloud security: Cloud-based threats like reduced visibility and control, misconfigured cloud storage and settings, incomplete data deletion will be problem in this year.
2. Application security: Security against hacking, zero-day attacks, and identity theft.
3.  Mobile security: Exploitation of simple opportunities in e-commerce, banking services, and online booking.
4. IoT (Internet of Things) Security:  Non-encrypted personal data, hardcoded passwords, software updates from unverified sources, wireless communication security issues.
5.  Artificial intelligence and ML: Can orchestrate multiple cyberattacks by identifying network defenses and simulating behavior patterns to bypass security controls. 
6. Zero Trust Cyber Security: Targeted attacks result in business downtime and loss of intellectual property and revenue. The concept is based on “never trust, always verify.” 

Conclusion

Organizations are likely to spend more than ever on asset protection this year, as the stats suggest that 71.1 million people fall victim to cyber crimes yearly. Security measures like Multi-factor authentication (MFA) are used widely as they provide more than one form of authentication before they can access an account.

Tracking these trends in cyber security industry and safeguard all types of data against theft and loss.