Cybercrime has been rife over the last few years. With so much of life and business now taking place online, there are new vulnerabilities that cybercriminals look to take advantage of. Cybercrime is also constantly evolving, with attackers using increasingly advanced tactics to cause damage.
This means that it is important to keep pace with cybercrime trends so that you can stay abreast of all the latest developments. When you know the latest developments, you know what to look out for and how to protect your business. So, what are some of the main cybercrime trends in 2023 to be aware of?
AI
AI is a trend in just about every niche in 2023, so it is not too surprising that it is becoming increasingly prevalent in cybercrime. AI-powered attacks are a serious cause for concern because they can be incredibly sophisticated and adapt to changing environments. While it is concerning for the future, the good news is that AI is also helping to boost cybersecurity, so it is smart to invest in tools that utilize AI and can detect AI threats.
Ransomware
It may not be new, but ransomware remains a huge threat in 2023. Ransomware attacks have been sharp on the rise in recent times because they can be so lucrative for cybercriminals. Essentially, these are attacks that encrypt sensitive data making it unusable to the user. The attacker will then demand a ransom (usually cash payment) to release the data (of course, there is no guarantee that they will do this). To prevent ransomware, it is vital that you have high-quality products in place as well as backup systems so that there is always another version available if an attack is successful.
Cloud Attacks
More and more businesses are switching to the cloud, which makes sense because there are numerous benefits to this. Unfortunately, there are security vulnerabilities that cloud computing can bring, which cybercriminals are taking advantage of. Cyber attacks and data breaches are rife in 2023, so it is important that organizations know how to improve cloud security. One of the best ways to do this is with cloud infrastructure entitlement management (CIEM). What is CIEM? This is a system that allows organizations to manage identities and access rights in cloud environments. Essentially, you are able to control who can access the data and resources you have on the cloud for stronger cybersecurity protection.
Social Engineering
Cybersecurity is evolving, and there are many tools and products that a business can use to protect itself against criminals. Consequentially, this has led to an increase in social engineering attacks. Human error is the main reason why cyber attacks are successful, so it is not surprising that attackers are targeting a company’s user base to gain access. This is why cybersecurity and information security awareness is so important for a business in 2023 and should help to prevent attacks from being successful.
These are a few of the main cybercrime trends that you need to be aware of in 2023. Hopefully, the information in this post will help you to find ways to protect your business against the latest threats.