In the past year, we have seen a shifting cybersecurity landscape, with a rise in cybercrime and increased challenges for organizations trying to protect against it. As we head into 2023, it’s essential for organizations to know what to look out for in order to develop effective cybersecurity strategies to combat current and future cyber threats.
In this blog post, we discuss 5 of the most significant cybersecurity trends for 2023.
Top 5 Cybersecurity Trends to Watch Out for in 2023
1. IoT and Cloud Security
As more organizations move their operations to the cloud and continue to incorporate Internet of Things (IoT) technologies, securing these environments will become a top priority. It’s essential for businesses to consider the risks associated with these technologies — IoT devices are often continuously connected to the internet, and cloud services can likewise be vulnerable to attack from outside sources if security protocols are not properly implemented. Businesses should make it an area of focus to create robust security strategies to protect IoT and cloud computing data in transit and at rest against malicious actors.
2. SaaS Security Solutions
An increased reliance on cloud computing necessitates stronger security measures, and for this many organizations will turn to SaaS security solutions. One of the reasons for the increased popularity of SaaS security solutions is scalability — meaning they are practical to deploy depending on demand and use case, and more flexible and cost-efficient than on-premise solutions. SaaS security solutions are also well-suited for businesses with components operating remotely or distributed in various parts of the world as is becoming more common.
3. Artificial Intelligence and Machine Learning
Artificial intelligence (AI) and machine learning (ML) are continuing to advance, resulting in advantages and risks when it comes to cybersecurity. AI and ML can significantly assist in the automatic and accurate detection of threats to vast volumes of data that must be constantly monitored. This provides an essential improvement in security processes and will become more prevalent in 2023. At the same time, however, AI and ML can also be used by bad actors to quickly spot vulnerable systems and orchestrate hyper-sophisticated attacks. Add to this the increased pace of machine learning with advances in quantum computing. Quantum technology in the not too distant future will provide substantial escalation to machine learning capabilities, enabling assaults on what are currently considered unbreakable encryption algorithms.
4. Quantum Computing
Quantum computing will undoubtedly transform the world in the coming years, and it’s getting closer all the time. Several advances are set to develop in 2023, with quantum computing launches expected from companies like IBM and Fujitsu. Quantum computers are capable of processing vast amounts of data at exponentially higher speeds than classical computers, and thus have the potential to revolutionize industries from manufacturing, to finance, to healthcare. This level of computing power in the wrong hands, however, will render even the most secure traditional encryption useless. This has encouraged research into post-quantum cryptography, an area that will continue to develop in 2023. In the meantime, the “harvest now, decrypt later” thefts of fully encrypted data will continue to be a growing danger in 2023, as bad actors and nation states stockpile sensitive information until such time as it can be deciphered — once a quantum computer becomes available to crack the keys.
As a cryptographically relevant quantum computer grows closer to becoming a viable reality, business will need to implement new security measures that are resistant to quantum attacks. President Biden’s recent executive order mandating quantum-proof encryption is a signal to the changes in cybersecurity policy for both the private and public sector in 2023 and beyond.
5. A Security-Aware Culture
With a growing threat landscape, it is no longer an option for businesses to make cybersecurity an afterthought. More focus in 2023 will be given to building a security-aware culture within organizations, making cybersecurity a core value and moving it to the top of most board agendas. Everyone in the organization will need to be aware of cybersecurity trends and best practices for protecting sensitive data. Employee training should be a priority, as well as a review of policies, procedures, systems and infrastructure to ensure they are up-to-date with the latest security protocols. The ubiquity of cyberattacks these days means it’s not a matter of if but when one will occur, and a mature cybersecurity posture is an important layer of security to control any damage.
A Robust Cybersecurity Solution for 2023
As technology evolves and cybersecurity threats and trends develop, it is vital for organizations to re-evaluate cybersecurity strategies and prioritize the protection of their data.
Theon Technology helps businesses prepare for future cyberattacks by delivering the highest level of digital encryption that is practical for widespread enterprise deployment.
Theon utilizes patented, quantum-resistant algorithms to provide a truly scalable, commercially viable, enterprise ready, one-time pad inspired security solution without the need for specialized hardware.
Theon Software Development Toolkit (Theon SDK™) includes higher entropy random number generation and an innovative OTP solution that reduces OTP key storage and transmission overhead — with a software approach that drives flexibility across deployment models for a wide range of solutions in almost every industry and use case.
There’s no surefire way to predict when the next big cyberattack will be, but organizations can be better prepared with the right security tools in place. Theon is providing a game-changing solution, with next-generation quantum-resistant encryption for both data in flight and at rest.
Stay ahead of the curve in 2023 and beyond — Contact a Theon expert to find out how you can upgrade your defenses against cyber threats today and tomorrow. We also have free eBooks available for download, including our latest, The Big Clock, which outlines the urgency for updated cryptography with a rundown of the best quantum-resistant encryption solutions available.