Sectona Logo
  • Platform

    Sectona Security Platform

    Sectona Security Platform Thumbnail
    Explore Platform

    Products

    Privileged Access Management Icon

    Privileged Access Management
    Manage Passwords, Secrets & Monitor Sessions

    Endpoint Privilege Management Icon

    Endpoint Privilege Management
    Control and Secure Administrators Credentials

    Privileged Access Governance Icon

    Privileged Access Governance
    Govern Privileged Entitlement

    Platform Capabilities

    Continuous Discovery Icon

    Continuous Discovery

    Password Management Icon

    Password Management

    Secure Remote Access Icon

    Secure Remote Access

    Session Recording and Threat Analytics Icon

    Session Recording and Threat Analytics

    Multi-Factor Authentication Icon

    Multi-Factor Authentication

    Just-in-time Access Icon

    Just-in-Time Access

    Privileged Task Management Icon

    Privileged Task Management

    Account Lifecycle Management Icon

    Account Lifecycle Management

  • Solutions
    Accelerating Privilege Management Thumbnail

    Accelerating Privilege Management Transformation

    Read Whitepaper
    By Use Case Icon

    BY USE-CASES

    Secure Remote Privileged access

    Remove Administrator Rights

    Secure Cloud Environments

    Automate Entitlement Reviews

    Simplify Privileged Account Lifecyle

    By Initiative Icon

    BY INITIATIVE

    PCI-DSS Compliance

    ISO 27002

    SWIFT Security Framework

    Documentation Downloads Request Demo
  • Resources
    Accelerating Privilege Management Thumbnail

    Accelerating Privilege Management Transformation

    Read Whitepaper
    Resources Icon

    RESOURCES

    Datasheets

    Solution Briefs

    Whitepapers

    Case Studies

    Guides & Toolkits

    View All Resources

    Learn Icon

    LEARN

    PAM 101

    Technology Blog

    Product Updates

    Documentation

    Explore

    Documentation
    Learn How to Implement & Manage
    Downloads
    Find Software, Plugins & Updates
    Request Demo
  • Services

    From the Blog

    Gartner Magic Quadrant

    Gartner Magic Quadrant 2021: Sectona PAM Gets a Notable Mention

    Read Whitepaper
    TRAINING & SERVICE Professional Services Get the help you need to succeed with your privileged access management project.Explore
    Training & Certification Access learning and trainings options to improve the success of Sectona platform.Explore
    Get Support Icon

    GET SUPPORT

    Email Us

    Create a Case

    Customer Success

    Download Resources

    Explore

    Documentation
    Learn How to Implement & Manage
    Downloads
    Find Software, Plugins & Updates
    Request Demo
  • Company
    COMPANY
    Company Thumbnail

    About Us

    Customers

    Events

    Contact Us

    PARTNER
    Partner Thumbnail

    Find a Partner

    Become a Partner

    Register a Deal

    CAREERS
    Career Thumbnail

    Join the Team

    Explore Career Opportunities

    Explore Fellowship Program

    Become a Partner Become a Partner
Request Demo
Sectona Logo
  • Home
  • Platform
    • Continuous Discovery
    • Password Management
    • Secure Remote Access
    • Session Recording and Threat Analytics
    • Multi-Factor Authentication
    • Just In Time Access
    • Privileged Task Management
    • Account Lifecycle Management
    • Windows Privilege Management
    • Privileged Access Governance
  • Solutions
    • Secure remote privileged access
    • Remove Administrator Rights
    • Secure Cloud Environments
    • Automate Entitlement Reviews
    • Simplify Privileged Account lifecycle
    • PCI DSS Compliance Pertaining to Privileged Access
    • ISO 27002 Standard – Best Practices for PAM
    • SWIFT Security Framework For Privileged Access
  • Resources
    • Blog
    • PAM 101
    • Resources
  • Services
    • Professional Services – Personalised Industry Based Solution
    • Training & Certifications – Gain Insight into Sectona Platform
  • Company
    • About Us
    • Contact Us
    • Branding
    • Customers
  • Partner
    • Find a Partner
    • Become a Sectona Partner
    • Register a Deal
  • Explore
    • Documentation
    • Downloads
    • Explore the Sectona Security Platform
Menu
  • Home
  • Platform
    • Continuous Discovery
    • Password Management
    • Secure Remote Access
    • Session Recording and Threat Analytics
    • Multi-Factor Authentication
    • Just In Time Access
    • Privileged Task Management
    • Account Lifecycle Management
    • Windows Privilege Management
    • Privileged Access Governance
  • Solutions
    • Secure remote privileged access
    • Remove Administrator Rights
    • Secure Cloud Environments
    • Automate Entitlement Reviews
    • Simplify Privileged Account lifecycle
    • PCI DSS Compliance Pertaining to Privileged Access
    • ISO 27002 Standard – Best Practices for PAM
    • SWIFT Security Framework For Privileged Access
  • Resources
    • Blog
    • PAM 101
    • Resources
  • Services
    • Professional Services – Personalised Industry Based Solution
    • Training & Certifications – Gain Insight into Sectona Platform
  • Company
    • About Us
    • Contact Us
    • Branding
    • Customers
  • Partner
    • Find a Partner
    • Become a Sectona Partner
    • Register a Deal
  • Explore
    • Documentation
    • Downloads
    • Explore the Sectona Security Platform
Home / Technology / 5 Cybersecurity Trends Every CISO Needs to Watch Out in 2023 
ByGowthami C December 8, 2022December 21, 2022

5 Cybersecurity Trends Every CISO Needs to Watch Out in 2023 

Top-Cyber-Security-Trends-Blog-Featured-Image

We are again at the time of the year when we put on our astrologist hats to predict the future and prepare for the new cybersecurity trends. With the year-end just a month away, we need to map out new projects, estimate budget requirements, plan against new attacks, and look out for the latest guidelines and regulations in the realm of cyber security. 

In recent years we have witnessed a continuous transformation in the digital world. The impact of the hybrid work model, significant IT infrastructure changes, and how businesses operate, and handle data have made the cyber security landscape more complex and dynamic. 

Based on last year’s statistics, cybercrime is up by 600% from the covid-19 pandemic. In 2021, the average number of cyberattacks and data breaches increased by 15.1% from previous year. All this data estimates the global annual cost of cybercrime to be $6 trillion in 2021 – this would be the third largest economy in the world if cyber security is a country!  

This analysis clearly shows us cyber security’s increasing scale and scope in 2023. Also, the high probability of global recession that is anticipated next year makes the situation more challenging.  

Here are some cyber security trends that will dominate the cyber landscape in 2023 and beyond. 

Top 5 Cybersecurity Trends 2023 

The Evolving Role of a CISO 

With the advent of digitization, data security has become very mainstream. Also, cyber security regulations such as GDPR, PCI DSS and SWIFT CSF have become mandatory for businesses. We have seen numerous digital attacks worldwide on IT, IoT and OT devices. It has become imperative that companies and even individuals make security decisions to reduce the attack surface and protect themselves from data breaches. 

This change in perception and levelled-up priority for cyber security across executives and leaders increased the role and responsibility of CISOs. The introduction of 5G technology, evolved AI software & applications, increased IoT devices, the trend of hybrid work models, and stringent mandatory regulations increased the challenges for CISOs. 

The work of CISOs will hence become more complicated and involved. They need to keep track of all the advanced attacks and regulations. Also, CISOs need to learn and use the latest technologies to defend against upcoming threats in the modern world. 

Increasing Attacks on the Healthcare and Automotive Industries 

Virtually all industries experience cyberattacks, but some are serious. In 2021, as per Statista, Healthcare (13.6%) is the 2nd largest attacked industry, Manufacturing (8.9%) being the 6th largest, attacks on automotive industry are expected to rise to peak as IOT technology dominates the industry going forward. Looking into the future, due to technological advancements, it is predicted that the automotive and healthcare industries will be the top priority for attackers to exploit. 

There is a good correlation between these two industries regarding the technological developments they are undergoing. Healthcare awareness is up by a minimum of 3 times after the recent global pandemic. The availability of profound technology support boosted the need for awareness. We have never seen any industry rise digitally so quickly as healthcare after the covid-19 pandemic. AI drives the results of many scans and tests in this modern healthcare era, so attackers will be keen to exploit this new trend. 

Individuals’ health information will be a huge target, and CISOs must protect individuals and the industry from such new focused threats.  

Cyber Attack Trends

Rising Risk Exposure with Proliferating IoT Devices 

IoT (Internet of Things) made device communication a common phenomenon from what was not less than a miracle a decade ago. Nowadays, every device, either a personal or a business device, is connected to at least one other device for seamless customer experience and ease of data handling. All the smart devices currently in trend are intensely powered by IoT. For example, smartwatches are the new trend and are connected to several other appliances. Smart TV, automatic cars, and smart display panels are operated with connected technology. 

This IoT world can increase the risk exposure multi-fold for each enhanced connection. The growth of 5G can make it even more complex. Supply chain attacks and DDOS attacks are increasing widely with new and advanced versions of them every day. These threats exploit the interconnection very well and prove IoT to be making the customer’s experience seamless and the hackers. This shows how CISOs should be careful while designing security frameworks across domains. 

The Need for Cloud Security

Security measures must be continuously upgraded and monitored to safeguard the data from leaks in the cloud. As numerous organizations are migrating to the cloud, the scale of cloud services will increase at great pace in 2023. 

Remote work poses new cyber security risks, especially for cloud applications. This risk multiplies due to a lot of unsecured connections. Many employees use personal devices and even mobile applications for instant messaging. Even two-factor authentication is mostly redirected to their personal devices. As most of these applications are cloud-hosted, even one vulnerability exploited is prone to make the entire organization vulnerable. 

So, CISOs need to focus on securing cloud applications with a double layer of protection and ensure the best in 2023. 

Surge in Ransomware & Social Engineering Attacks 

Ransomware has become the new business model for hackers. The return on investment in ransomware is the highest. So, attackers are coupling every threat with ransomware as an add-on to double their profits. This trend is projected to become deadly for organizations in 2023. 

Top-Cybersecurity-Trends-Blog-Inner-Image

Also, the fact that every human is prone to make errors is used to exploit enterprise users with social engineering attacks. This technique has become a primary mode for bypassing network security. Hence, this avenue for attack targeting individuals using human psychology at the core of the attack design has proven to be very productive for hackers. 

Related Reading: Secure what matters in 2023! Read our Privileged Access Management guide to understand access security’s relevance in the coming years. 

Contents

Was this article helpful?
YesNo

Recent Posts

  • Cyber Security 101: Insider Threats and Mitigation

    Cyber Security 101: Insider Threats and Mitigation

    March 27, 2023
  • Are You Prepared for a Data Breach? Ask these Five Questions

    Are You Prepared for a Data Breach? Ask these Five Questions

    March 13, 2023
  • Password Management in Network Security: What is it? Why is it Crucial?

    Password Management in Network Security: What is it? Why is it Crucial?

    March 3, 2023
  • Implementing PAM Solution to Fight Against 5 Modern Privileged Access Management Challenges

    Implementing PAM Solution to Fight Against 5 Modern Privileged Access Management Challenges

    February 27, 2023
  • Meet Sectona at GISEC GLOBAL 2023 @ Dubai World Trade Centre 

    Meet Sectona at GISEC GLOBAL 2023 @ Dubai World Trade Centre 

    February 22, 2023

Explore


  • About
  • Careers We're Hiring
  • Contact Us
  • Security Platform
  • Partners
  • Documentation
  • Sectona Blog
  • PAM 101New
  • Branding
  • Events

Capabilities


  • Continuous Discovery
  • Password Management
  • Secure Remote Access
  • Session Recording and Threat Analytics
  • Mutli-Factor Authentication
  • Just-in-Time Access
  • Privileged Task Management
  • Account Lifecycle Management

Solutions


  • Secure Remote Privileged Access
  • Remove Administrator Rights
  • Secure Cloud Environments
  • Automate Entitlement Reviews
  • Simplify Privileged Account Lifecyle
Sectona Gartner Peer Insights Rating Sectona ISO Certification
Sectona Logo

© 2023 Sectona Technologies Private Limited. All rights reserved. All trademarks held by their respective owners.

PRIVACY POLICY | TERMS | EULA | RESPONSIBLE DISCLOSURE

Scroll to top
  • Home
  • Platform
    • Continuous Discovery
    • Password Management
    • Secure Remote Access
    • Session Recording and Threat Analytics
    • Multi-Factor Authentication
    • Just In Time Access
    • Privileged Task Management
    • Account Lifecycle Management
    • Windows Privilege Management
    • Privileged Access Governance
  • Solutions
    • Secure remote privileged access
    • Remove Administrator Rights
    • Secure Cloud Environments
    • Automate Entitlement Reviews
    • Simplify Privileged Account lifecycle
    • PCI DSS Compliance Pertaining to Privileged Access
    • ISO 27002 Standard – Best Practices for PAM
    • SWIFT Security Framework For Privileged Access
  • Resources
    • Blog
    • PAM 101
    • Resources
  • Services
    • Professional Services – Personalised Industry Based Solution
    • Training & Certifications – Gain Insight into Sectona Platform
  • Company
    • About Us
    • Contact Us
    • Branding
    • Customers
  • Partner
    • Find a Partner
    • Become a Sectona Partner
    • Register a Deal
  • Explore
    • Documentation
    • Downloads
    • Explore the Sectona Security Platform