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Cyber security trends to watch out for in 2023 – Part 2

In 2022, companies learned that effective information and cyber security are essential to their success.

From data breaches to flaws in data management, businesses have suffered significant financial loss, fines and customers!

Last month, we detailed four different cybersecurity trends we expect to become popular in 2023, including remote working, mobile internet, cloud computing and data breaches. Below we look at three more trends we expect to dominate the cybersecurity landscape.

Let’s take a look at more cybersecurity trends for 2023:

1. 5G Network: The New Era of Technology and Risks

Another cybersecurity trend to watch in 2023 is the new form of connectivity: 5G. As 5G networks have enabled greater connectivity between devices, they also expose themselves to external attacks, unknown software, and bugs. Considering this network is relatively new to the industry, there is a certain amount of risk, so new cyber security measures and constant monitoring will be required to protect users from cyber threats. When considering mobile internet solutions for your business, using a secure provider with cyber security measures, such as InReach, is essential.

2. Targeted Ransomware

Ransomware attacks will always be a constant in cyber security, and their approach will need to be updated preemptively and reactively as different types of ransomware emerge. Ransomware will often threaten to withhold a victim’s data unless a ransom is paid.

It’s expected that ransomware, particularly in the medical and health sector, will increase in 2023 and beyond. When you adopt cybersecurity services, you can have penetration testing completed to identify how protected your business is from ransomware attacks.

3. Insider Threats

An insider threat is one of the most challenging problems in cybersecurity. As opposed to defending the network from external attackers in cybersecurity, an insider threat involves protecting the business from an insider. A company that does not defend itself against internal threats can suffer millions in data theft. According to a report on data breach and cybersecurity by Verizon*, employees directly or indirectly made up 34 percent of total attacks. Make sure you create more awareness within your business to safeguard your data in every way possible and correctly assess who can access what. At InReach, our security audits assess your technical infrastructure, architecture, connectivity, software, and data storage, and risk assesses each element.

At InReach, our cybersecurity services can start your journey toward better information security, targeted ransomware protection and data privacy management. We can offer a range of products to assist with cyber security, and if you need penetration testing of your central communications or independent websites for PCI compliance, get in touch to see if we can find what best fits your organisation.

Click here to read part one of our Cyber Security Trends for 2023.

*Source: https://www.welivesecurity.com/2019/05/13/verizon-dbir-what-numbers-say/

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