- On October 23, 2023
- by: Joe Rudolph
- 5 minutes Read
Did you know that by 2023, global cybercrime costs are expected to grow by 15% year over year, hitting$10.5 trillion annually by 2025. Yes, trillion – with a “T.”
That’s one reason why today’s digital world requires organizations to take a proactive approach to cybersecurity. These cyber threats and challenges continue to evolve, and so it’s vital for decision-makers to stay informed on the latestcybersecurity trends in 2023 and beyond. There’s a reason they say knowledge is power!
With Cybersecurity Awareness Month upon us, it provides a great opportunity for business leaders to evaluate their strategies to make sure they’re protecting their organizations from threats. Nowadays, the impact of these cyberattacks is very real on the bottom line. One studyestimated that the average cost of a data breach in the United States is $9.48 million.
Source: Statista - Cost of Data Breach
But leaders don’t have to wait to be attacked and operate on the defensive. Instead, by understanding the major cybersecurity trends in 2023, organizations can go on the offensive and stay ahead of threats by protecting themselves now and in the future.
But what if your organization doesn’t have a dedicated IT department, or has an IT manager that is swamped with other items to be focused on cybersecurity trends? That’s OK, and your team is not alone. To stay ahead of threats in this world, many leaders have taken steps to ensure their business is ready against threats, such asco-managing parts of their IT needs.
Here, we break down the key cybersecurity trends of 2023 and how a trusted Managed Service Provider (MSP) can help safeguard your organization.
Microsoft Office 365 Cybersecurity Trends in 2023
Roughlyhalf of businesses across the globe use Microsoft Office 365 for their daily operations. That makes it a prime target for cyberattacks. And due to its common usage, cybercriminals are constantly evolving their tactics, making it essential for organizations to stay ahead of the moment – knowing that how they protected their business last year may not work next year.
As aMicrosoft Partner, we are well-equipped to address these trends. Our expertise in Microsoft technologies allows us to provide protection against evolving threats within the Office 365 environment. As a partner, our team continuously monitors and adapts to emerging threats, ensuring your critical data remains secure.
Interested in seeing a handbook on the latest cybersecurity essentials? Check out our free resource, The Cybersecurity Essentials Handbook for Small Organizations!
Managed Detection and Response Trends
A best-in-class Managed Detection and Response (MDR) system is a cybersecurity must-have for both busy IT and organizational leaders. It rapidly identifies and limits the impact of threats through a turnkey approach without the need for additional internal staffing.
The usage of MDR has significantly increased over the last few years, and is estimated to only continue to grow, with some research suggesting the market share will reach over$9.6 billion by 2028.
This cybersecurity trend in 2023 is a result of the digital transformation of the world that has increased over the last few years due to the COVID-19 pandemic and remote work.
Phishing Testing and Reporting Trends
As the working world continues to fuse the real anddigital employee experience, phishing attacks remain one of the most common and effective forms of cybersecurity threats. People live on email and digital messaging. Cybercriminals understand how vulnerable that is – and with the right messaging their attacks can take advantage of human misunderstanding.
In fact, in recent years, the FBI estimates that phishing attacks have cost US businessesover $43 billion. That’s particularly frustrating because phishing is such a preventable cybersecurity attack. We get it, and our experts understand the significance of fighting phishing attacks.
Ourphishing testing and reporting services enable your organization to assess vulnerabilities and educate staff to recognize and avoid phishing attempts. We provide the tools and knowledge needed to fortify you and your team’s defenses against these deceptive attacks!
Cybersecurity Training Trends
Did you know that 95% of cybersecurity threats are caused by human error? That’s alarming, yes – but all the more reason to prioritize cybersecurity training. After all, one of the most effective ways for organizations to stay ahead of threatening cybersecurity trends in 2023 is through education.
As cyber threats change, organizations who empower their employees with knowledge, best practices, and awareness are least likely to be affected by cyber attacks. Aspire towards a world in which an employee identifies a phishing attack, rather than participating in it.
As an example, we recommend cybersecurity awareness training programs. Our education covers awide range of topics, empowering your staff to identify threats, follow security protocols, and contribute to a safe work environment. Regular updates keep your team informed about the latest risks and defenses.
Watch Our Pittsburgh Event Recording: Don’t Gamble on Your Cybersecurity: Reduce Risk and Manage Your Insurance Premiums!
Vulnerability and Penetration Test Remediation Trends
Regular testing of your cybersecurity is a sure-fire way for you to future-proof your business against threats. Furthermore, regular testing will help identify any weaknesses now so they’re not exposed later, preventing disaster before it happens.
At Ceeva, our experts provide excellentvulnerability and penetration test remediation for our partners. We not only identify vulnerabilities, but provide guidance on how to secure them. Our proactive approach means that we’re staying ahead of potential threats – both what those threats look like today, and how they might manifest tomorrow.
The Best Defense Is Offense: Ceeva Shield Keeps Your Organization Ahead of Cybersecurity Trends in 2023
There’s a lot of truth in the old saying that a rising tide lifts all boats. An organization that’s more prepared for cybersecurity threats is a successful one. Business leaders value the importance of proactive cybersecurity – and staying informed and ahead of trends is an effective way to do this.
Cybersecurity Awareness Month offers an opportunity for decision-makers to evaluate their current approach to threats. Are you testing your systems? Are you educating your employees? Are you putting your company in the best position for future success?
By partnering with a trustedPittsburgh cybersecurity company like Ceeva, your organization can address emerging threats and secure your digital future. Our team of experts is committed to providing the expertise and support needed to help protect your organization from potential risks.
Fortify your cybersecurity defenses and ensure a secure digital future for your organization withCeeva Shield!
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