• Image 01
  • Image 02
  • Image 03
  • Image 04
  • Image 05
  • Image 06
Need assistance? Contact Us: 1-800-255-5897

Menu

  • Home
  • About Us
    • Company Overview
    • Management Team
    • Board of Directors
  • Your Loan Service Center
  • MAKE A PAYMENT
  • Business Service Center
  • Contact Us
  • Home
  • About Us
    • Company Overview
    • Management Team
    • Board of Directors
  • Your Loan Service Center
  • MAKE A PAYMENT
  • Business Service Center
  • Contact Us
Recent Quotes
View Full List
My Watchlist
Create Watchlist
Indicators
DJI
Nasdaq Composite
SPX
Gold
Crude Oil
Markets
Stocks
ETFs
Tools
Markets:
Overview
News
Currencies
International
Treasuries

Some Cybersecurity Trends in 2023 that Business Owners Should Be Aware Of

By: Get News
March 10, 2023 at 18:10 PM EST
Some Cybersecurity Trends in 2023 that Business Owners Should Be Aware Of
What does the realm of cybersecurity hold in the year 2023? Here are some trends one can expect to see.

Cybersecurity is important. I think we can all agree about that. And, it’s forever evolving, because just as we figure out a response to a cyber threat, hackers go and find a new way of attacking.

The latest in cyber threat evolution was using AI to create malware. But, that’s not all there is to it. That’s why maintaining cybersecurity is not a one-time exercise. One needs to work hard to keep up.

And, as with anything that is ongoing, one can expect to see patterns and trends.

So, what are the cybersecurity trends we can expect to see in 2023?

AI and ML For Cybersecurity

As AI and machine learning (ML) become more sophisticated, threat actors are using these technologies to avoid detection.

The preferred method of hackers is not high-tech hacking exercises, as shown in movies. What they do almost 71% of the time is steal valid credentials and then use those to force their way into accounts.

For example, they steal an email address used to register an account on an online platform. Then, they try to brute-force their way into that account using commonly used passwords. 

If they succeed in cracking the password, they’d use that email/password combination on other websites. 

(That’s why you shouldn't use the same password for different accounts.)

Now, unless they buy a stolen list of email addresses, most hackers use social engineering attacks to get people’s credentials.

With the help of AI, they are creating not just more refined malware but also phishing emails that are more personalised.

So, whilst businesses are using AI to detect cyber attacks, they end up being reactionary rather than proactive. By the time they “teach” AI how to identify a new threat, hackers have moved on to another method.

Fortunately, just as AI can be used to craft better (for lack of a better word) attacks, it can also be used to prevent them.

One of the things AI does better than you or I is speedy analysis. Where we might take us hours or days to go through data and get anything meaningful out of it, AI can do it in minutes.

As a result, its predictive analytics capabilities could be used to infer and predict threats. Once the threats have been identified, it’s easier to mitigate them with fewer resources.

Patching Open Source Code Vulnerabilities

Open source code can be very handy. But, it is also very likely to have vulnerabilities. Synopsys researchers have reported that almost 84% of open source code bases had at least one vulnerability in their Open Source Security and Risk Analysis (OSSRA) report.

The problem with weaknesses in the code is that they can be exploited by threat actors. The way to deal with them is by using penetration testing to find exploitable flaws and patching them.

(You can also make use of cloud penetration testing services from reliable service providers like DigitalXRAID. The company has also launched a first-of-its-kind cybersecurity platform.)

Simple, right?

Unfortunately, the report also found that 91% of the patches weren’t implemented. Maybe the devsecops team didn’t have enough time or resources. 

Maybe they didn’t think the benefits weren’t worth risking the unintended consequences.

Or, maybe they just weren’t aware that there was an updated version of the code available.

Either way, these vulnerabilities exist and can be exploited.

To avoid that, and to potentially keep the open code they’ve used updated, businesses might need to keep a software bill of materials (SBOM). According to the report, this will include any open source code they’ve used, its licenses, versions, and patch statuses.

This practice would be very handy in making sure any open source code used by your business is not putting you at risk.

Training Employees on the Dangers of Phishing Attacks

Sometimes, when something works, there is no real need to change it up. That seems to be the case with phishing.

Phishing is a form of social engineering attack where a legit-looking email is designed to get the victim to click on a link. That, then, redirects them to a page where their info is stolen.

Apparently, hackers most often like to use (or abuse, rather) Microsoft, Amazon, DocuSign, Google, DHL, and Adobe. However, don’t be surprised to see emails from banks in your inbox as well.

Again, the best way to combat this challenge is the old-fashioned “train your employees” method. Human error is inevitable, but training people to identify emails that might be dodgy can help a lot.

As can limiting their access.

So, there you have it. Here are some ways you can keep your business safe from cyber-attacks in 2023.

Media Contact
Company Name: Geeky News
Contact Person: Press Officer
Email: Send Email
Phone: +44 (0)203 800 1212
Address:Parallel House, 32 London Road
City: Guildford
State: Surrey
Country: United Kingdom
Website: https://www.geekynews.co.uk/



More News

View More
JPMorgan Q2 Results Affirm Dividend, Buybacks, & Growth
Today 16:38 EDT
Via MarketBeat
Topics Economy Stocks World Trade
Tickers JPM
Goldman Spotlights These 3 Stocks in Its Bullish S&P 500 Outlook
Today 16:27 EDT
Via MarketBeat
Topics Economy Stocks
Tickers BAC GOGO GS KSS
Fastenal Surges After Earnings Beat, Tariff Risks Loom
Today 16:24 EDT
Via MarketBeat
Topics Earnings World Trade
Tickers FAST
Tesla: 2 Plays Ahead of Next Week's Earnings Report
Today 16:05 EDT
Via MarketBeat
Tickers TSLA
Pelosi Makes Big Bet on Broadcom—Here’s Why It Matters
Today 15:37 EDT
Via MarketBeat
Topics Artificial Intelligence Economy
Tickers AVGO
Site Logo
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.

Having difficulty making your payments? We're here to help! Call 1-800-255-5897

Copyright © 2019 Franklin Credit Management Corporation
All Rights Reserved
Contact Us | Privacy Policy | Terms of Use | Sitemap