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Looking to 2023: Emerging Cybersecurity Threats

Over the course of the past year, we saw a large spike in the amount of cyberattacks. The world has been preparing for what’s to come, but it is now clear that cybercrime might be taking a turn that the world is not ready for.

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An unprecedented 2022 warns of a sharp increase in cyberwarfare

2022 packed more than its fair share of cybercrime. Attacks on cryptocurrency, Microsoft, Red Cross, and the Ukraine government has led experts to believe that we are headed into an era of cybercrime unlike anything we’ve seen before.

It is no secret that cyber threats are constantly evolving and increasing every year. According to an article by thrivedx.com, cyber attacks jumped 32% in 2022 in comparison to 2021. Every day there are new threats, and this leads experts to wonder, what will the threat landscape look like coming into 2023? While there are new cyberthreats emerging, 2023 promises an increase in threats that we’ve already seen.

cyber attacks jumped 32% in 2022 in comparison to 2021

Phishing Threats

For years, phishing attacks have been on the rise. This is simply because they are easy and require little effort from the attacker. Cybercriminals use the well known aspect of human-error to trick individuals or corporations. Most phishing attacks occur with the goal of baiting people out of money. We saw a rise in phishing attacks over the last year. According to securitymagazine.com, reports found a 61% increase in the rate of phishing attacks compared to 2021. The world’s sudden shift to online operations caused an automatic increase in these attacks. But now, the world has been online for two years and hackers are finding every security loophole they can. The issue is phishing attacks strictly have to do with human error. Clicking the wrong link, answering the wrong email, ect. Now that three quarters of the world has transitioned into online operations, it is likely these attacks will increase even more in 2023.

Remote Work

Working from home, a new phenomenon we’ve seen over the past year or two, also poses new cybersecurity risks. Many employees use their personal devices for work which means they are not upheld to the same security standard as corporate devices. Hackers will find the vulnerabilities in these systems and exploit them.

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Ransomcloud Attacks

There is no end in sight to ransomware attacks. According to cybersecurity ventures, ransomware is predicted to cost $265 billion annually by 2031. Over the past couple years, we saw a rapid increase in the amount of ransomware attacks, and it does not show signs of stopping coming into 2023. A new trend we are seeing as we head into 2023 is ransomcloud attacks. Ransomware has now entered cloud environments. Malware or phishing emails are the most popular choice for attackers who target cloud-based mail servers such as office 365.

According to cybersecurity ventures, ransomware is predicted to cost $265 billion annually by 2031.

Supply Chain Attacks

Supply chain attacks are not a new phenomenon, but they are increasing as the world comes into 2023. In 2021, the attack on one of the major gas companies was an example of a supply chain attack. Research found that at least 62% of organizations worldwide faced a supply chain attack in 2022. During a supply chain attack, attackers enter enterprise networks through vulnerabilities or compromised devices. This allows them to enter the system through a third-party or partner who is also a part of the value or supply chain. Enterprises are going to require proactive approaches to security in order to help them observe and analyze user behavior in an attempt to prevent these attacks.

Attacks Against Operational Technology

Operational technology consists of the software or hardware mechanisms in place which monitor and detect change in industrial equipment. In 2023, these are becoming new targets for cybercriminals. For example, if a criminal gained access to a water system, they could manipulate the chemical balance in the water to make it more acidic and have a nationwide impact.

Cyber Warfare

Aside from all these new trends that are sure to be on the rise in 2023. The main concern has transitioned into what experts are calling cyber warfare. The world is aware that the ware in Ukraine has dominated global news since it began. Every day, people hear horrific tales of the physical warfare, but what they may not be aware of is the cyber warfare going on behind it all. Just hours before Russian troops invaded Ukraine, the Ukrainian government was hit by new malware designed to wipe data from hard drives. Hackers launched over 150 cyber attacks against Ukraine and disables more than 70 government websites. Cyber warfare has arrived and there is no way to predict how far it may go.

 

In the business world, half of American tech executives believe cyber warfare will become their biggest threat. Experts believe defining national cybersecurity should be their top priority. Cyber war is projected to grow more dangerous each year and the merging with the physical aspects of war pose even further threats. Cyber ware has a distinct place in the American imagination. According to an article by ceoworld.biz, 93% if Americans know to fear cyberwar while only 19% believe the government can protect its citizens against this threat. While most people do agree the U.S. is the most secure against cyberattacks, it is difficult to tell what kinds of attacks may start to ensue.

 

The most common cyber attacks that involve cyber warfare are distributed denial of service (DDoS) attacks. These attacks seek to make a resource unavailable to users. If people cannot access their finances, internet, or health records, fear will take over. American companies and citizens alike are looking for protective measures they can take. Cyber warfare might be a trend the world is not prepared for and there is no way of predicting how far countries will take it.

 

2023 is a new era for cybercrime and we can only hope the world is prepared for it. Between the phishing attacks, ransomware, and newly developing cyber warfare; countries, companies and organizations are going to have to prepare for the worst. With proper cybersecurity awareness and training, most of these cyber threats can be avoided.

 

Mile2 Cybersecurity Certifications has developed a Risk Management certification path covering both enterprise and government systems.  The most recent addition to this path is the Certified Risk Management Framework Analyst course built specifically to urge understanding and compliance with the RMF as promoted by NIST.

 

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Cybersecurity Certifications for Today's INFOSEC Careers

Mile2 Cybersecurity Certifications is a world-leader in providing accredited education, training, and certifications for INFOSEC professionals. We strive to deliver the best course ware, the strongest Cyber Range, and the most user-friendly exam system in the market.

 

Our training courses follow our role-based Certification Roadmap. Plus, many of our classes include hands-on skill development in our Cyber Range.  We train students in penetration testing,disaster recovery, incident handling, and network forensics.  Additionally, our Information Assurance training certification meets military, government, private sector and institutional specifications.  

 

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