Ensuring you are prepared for the next big cyber attack is a challenge that all organisations face, and with threat attacks increasing in sophistication, it is vital that you stay ahead of the game.
At Acora we have a team of cyber security experts whose job it is to be always one step ahead. Based on our expertise and the trends we’ve seen in threat landscape so far, we’ve put together our top 6 cybersecurity predictions for 2023.
Can you afford to miss out on this valuable/exclusive information?
-
RANSOMWARE – THE ‘CASH IN QUICK’ MOVEMENT
Ransomware attacks have vastly increased over the past few years, meaning hackers are able to control your data and lock you out. As of the first half of last year, a shocking 236.1 million ransomware attacks occurred worldwide. Of the victims affected, 32% paid the cyber criminals, but in return only received 65% of their data back.
It is almost certain that we will see a ‘cash in quick’ ransomware movement due to global government discussions already in place to ban paying ransomware payments. As a result of this, we expect to see a considerable increase in ransomware attacks within quick succession. No rewards mean no effort from the bad actors.
Click here to learn how to be ready for ransomware. There are no excuses.
-
THE CRUEL IMPACTS OF RANSOMWARE WILL HUGELY AFFECT CYBER NISURANCE
Additional costs such as reputational damage, downtime and insurance premiums mean that a successful ransomware attack costs the targeted organisation more than the ransom payment itself.
The increasing threat of ransomware in 2023 will become un-insurable. Organisations must prioritise methods to reduce the threat of attacks, and prioritise cyber recovery.
-
THE ENTERPRISE FOCUS WILL SHIFT TO CYBER INCIDENT RECOVERY FROM DEFENCE
The increasing quantity of attacks will tip organisations scales from focusing on defence, to focusing on recovery. Through robust planning, organisations can continue to operate in varying sections of the business, even when other bits are locked down.
If you can prove this to your insurance provider, you will lower your insurance premiums because they will have confidence that the damage from a potential cyber attack will be minimised, and you’re less likely to present a large ransomware payment for them to help you meet.
-
A RISING ATTACK VECTOR – SOFTWARE-AS-A-SERVICE (SAAS)
SaaS has become a favourite way for cyber attackers to gain access to an organisation’s operations. We will see a further increase of SaaS platform and application abuse in 2023, where attackers create malicious phishing websites and steal login credentials.
-
AUTOMATION WITH EVIDENCE WILL BECOME ESSENTIAL IN SUPPLY CHAIN RISK AUDITS
Attention will be taken to paper-based questionnaire audits for supply chain risk.
For the requester – non-proven audit responses.
For the supplier – A massive manpower overhead.
Therefore, automation WITH evidence will be the only right answer for both parties in 2023.
-
IT OPERATIONS WILL TAKE ON THE CHALLENGE OF CONTROL COVERAGE
The biggest risk to organisations is non-deployment, and the biggest waste of money is not rolling out what you’ve already invested in.
Control coverage will become a necessity for IT operations can have data at their fingertips and to prove they have appropriate controls across all endpoints.
