The increasing number of cyber crimes using increasingly sophisticated methods is driving the evolution of cyber security. Of course, this has an impact on businesses in various industries, which are increasingly overwhelmed in finding ways to prevent this threat.

Gartner reveals the state of cybersecurity trends that will occur over the next few years, including 2023, at Gartner Security & Risk Management Summit 2022. Richard Addiscott, Gartner's Senior Director Analyst, and Rob McMillan, Gartner's Managing Vice President, stated in the opening session that nearly a third of major countries will enact specific ransomware regulations in the next three years. Furthermore, the presence of a consolidated security platform is expected to help companies continue to survive in an environment that is vulnerable to cyber attacks.

According to Addiscot, IT players cannot continue to treat everything in the same way as in the past. Additionally, many IT and security leaders understand that major disruptions from cyber threats can occur at any time.

So, what are the cyber threat trends for 2023, and what does Gartner recommend for businesses, CIOs, and cybersecurity professionals? Here's the complete explanation!

6 Cybersecurity Trends for 2023

1. Consumer Privacy Rights

Regulations encouraging companies to provide customers with privacy rights will come into force in 2023, covering five billion people and more than 70% of global GDP. Gartner recommends that companies track rights request metrics, such as cost per request and time to fulfill, to identify inefficiencies and accelerate automation.

2. Unify Web, Cloud Services and Private Application Access

Over the next three years, 80% of enterprises will implement a strategy to unify web, cloud, and private application access from a single SSE vendor platform. Vendors offer integrated Security Service Edge (SSE) solutions to deliver a consistent, simple web with private access, and security SaaS application with a hybrid workforce model  and data that can be accessed anywhere with anything.

3. Zero Trust is Increasingly Adopted, But…

In the next three years, the zero trust security concept will increasingly be adopted by around 60% of businesses. However, it is believed that half of these profits were not realized. This concept can be replaced with one that emphasizes strong identity and context-based risk. Zero trust, on the other hand, adheres to security principles and a strong corporate vision. Businesses must change their corporate culture and implement clear communication between divisions and employees to gain the greatest benefits from zero trust.

Also read: 3 Reasons Why Cyber Security is Important in Protecting the Future

4. Cybersecurity Risk Becomes Mandatory

60% of businesses will consider cybersecurity risks when conducting business transactions and engagements with third parties. Third-party cyberattacks are surging, but only 23% are directly monitored. As a result, companies will start to make cybersecurity risks a determining factor when dealing with third parties.

5. Professional Involvement to Address Ransomware

By 2025, around 30% of the world's countries will have passed laws regulating ransomware payments, fines and negotiations, up from less than 1% in 2021.

As is known, bad actors who spread ransomware are now stealing and encrypting important company data. Paying the ransom is a business decision, not a security decision. As a result, Gartner advises businesses affected by ransomware to work with a professional incident response team as well as law enforcement or regulatory agencies before negotiating.

6. OT Environment Becomes Dangerous

Cyber criminals are predicted to weaponize the Operational Technology (OT) environment and claim casualties, over the next three years. OT attacks, such as those on hardware and software that monitor and control equipment, assets, and processes, are becoming increasingly widespread and disruptive. As a result, rather than focusing solely on information theft, IT security leaders must pay more attention to human and environmental safety.

Also read:  Don't be lazy about updating software, here's why!

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The conclusion from the above explanation based on Gartner's 2023 cybersecurity roadmap, 75% of all companies will restructure risk and security governance by 2023, up from less than 15% currently, to adopt advanced cybersecurity technology. Defending against security attacks, preventing data breaches, and meeting evolving cybersecurity challenges is critical for businesses of all sizes.

In fact, this is why Xcitium exists. We observed many businesses engaging with EDR vendors experiencing alert fatigue and false positives by hiring more SecOps analysts to try to scale. Their costs balloon out of control, making progress to a fully managed MDR solution too often prohibitively expensive.

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