Navigating the Changing Cybersecurity Landscape in2023
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The topic of cybersecurity has transitioned from the realm of the IT department to the boardroom in recent years. As cyber-attacks have become more prevalent and the potential consequences, both in terms of regulatory penalties and loss of customer trust, have grown, they have become a priority at every organisational level. As we move into 2023, cybersecurity experts and industry watchers are closely monitoring several trends that have the potential to significantly impact the tech and security landscape. These trends include: Ransomware attacks continue to be a major concern for organizations, as the cost of these attacks is projected to reach $265 billion annually by 2031. The number of ransomware strains has also increased significantly in recent years, with over 130 currently in circulation. Ransomware has also entered the cloud, with attackers targeting cloud-based mail servers like Office 365 through malware or phishing emails. One popular method is file sync piggybacking, where an attacker sends a phishing email with an attachment that, when downloaded, initiates the installation of ransomware on the user’s system, granting the attacker access to the network and infiltrating the cloud environment. As the Internet of Things (IoT) grows in popularity, so do the potential threats it poses. Attackers scan for vulnerabilities in devices and attempt to connect through non-standard ports. This leads to a greater number of vulnerabilities....
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