As cyber attackers uncover new ways to breach security measures, cybersecurity teams need to remain more vigilant than ever. From handling increasing ransomware attacks to protecting your organization from mobile-focused cyber crimes, here are five threats The Hacker News is cautioning internet users to be aware of in 2023.
1. Increase in digital supply chain attacks
With the rapid modernization and digitization of supply chains come new security risks. Gartner predicts that by 2025, 45% of organizations worldwide will have experienced attacks on their software supply chains—this is a three-fold increase from 2021. Previously, these types of attacks weren’t even likely to happen because supply chains weren’t connected to the internet. But now that they are, supply chains need to be secured properly.
2. Mobile-specific cyber threats are on-the-rise
[C]yber-crimes involving mobile devices have increased by 22% in the last year, according to the Verizon Mobile Security Index (MSI) 2022 with no signs of slowing down in advance of the new year. As hackers hone in on mobile devices, SMS-based authentication has inevitably become less secure… This calls for the need to move away from relying on SMS-based authentication, and instead to multifactor authentication (MFA)… Organizations need to take extra precautions to prevent attacks that begin with the frontline by implementing software that helps verify user identity.
3. Double down on cloud security
As more companies opt for cloud-based activities, cloud security—any technology, policy, or service that protects information stored in the cloud—should be a top priority in 2023 and beyond. Cyber criminals become more sophisticated and evolve their tactics as technologies evolve, which means cloud security is essential as you rely on it more frequently in your organization.
4. Ransomware-as-a-Service is here to stay
Data from Verizon discovered a 13% increase in ransomware breaches year-over-year… With the rise in ransomware threats comes the increased use of Ransomware-as-a-Service (RaaS). This growing phenomenon is when ransomware criminals lease out their infrastructure to other cybercriminals or groups. RaaS kits make it even easier for threat actors to deploy their attacks quickly and affordably, which is a dangerous combination to combat for anyone leading the cybersecurity protocols and procedures. To increase protection against threat actors who use RaaS, enlist the help of your end-users.
5. Data privacy laws are getting stricter – get ready
With new data privacy laws set to go into effect in several states over the next year, now is the time to assess your current procedures and systems to make sure they comply… Data privacy laws often require changes to how companies store and processing data, and implementing these new changes might open you up to additional risk if they are not implemented carefully. Ensure your organization is in adherence to proper cyber security protocols.