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Cybersecurity experts predicted that the top cybersecurity challenge the nation will face in 2023 is still ransomware, with a few others tailing closely, such as deep fakes and intellectual property lost or leaked research and development data.
According to Red Access, an Israel-based company that pioneered the first agentless SaaS platform for secure browsing solutions, ransomware will still be ‘public enemy number 1’ in cybersecurity.
In 2022, Red Access uncovered that 68% of all global organisations have at least one ransomware infection. According to Tal Dery, co-founder and CTO of Red Access, “The commodification of offensive hacking tools, sold primarily on the dark web, has dramatically reduced the barriers to entry into the ransomware business, and the promise of million-dollar paydays has encouraged new entrants in droves. In 2023, watch out for the continued growth of double-extortion tactics, in which threat actors both encrypt and exfiltrate sensitive data, which they then sell for a second payday.”
The CTO also added that deepfakes will be more sophisticated and have already made ripples in recent times. One good example was the controversy that surrounded the Lensa AI app. Lensa’s magic avatars can create stunning photos of its user.
However, this has reawakened questions about digital privacy. According to an acclaimed computer scientist and AI leader Juergen Schmidhuber, the required facial scan has consequences.
“Companies try to entice you to give your data away, and you get something in return, which is a pleasurable experience. At the moment, it’s just about faces and selling ads and so on, but it’s going to be much crazier than that,” he adds.
Another threat expected in 2023 is the loss of intellectual property or leaked research and development data. According to Apricorn, a company that provides hardware-based encrypted external storage to enterprise businesses, companies may see more attempts to steal intellectual properties or R&D data to be sold on the dark web.
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