10.5 trillion dollars. That’s the projected annualcost of global cybercrimeby the year 2025. But cybercriminals are constantly sharpening their skills and honing new attacks; so the actual cost could easily be higher.
You need to attack potential digital threats from many angles. Remaining up to date on industry trends and the latest hacker tactics, techniques, and procedures (TTPs) is one of the simplest things you can do to stay protected.
But you need to know just what you’re up against. We have compiled a list of the 10 most common cybersecurity threats you will face in 2023 and what you can do to protect against them.
The impact of cybersecurity attacks in 2022
Navigating the world of common cyber threats is becoming increasingly complex. 71% of organizations were compromised by ransomware in 2022, suggesting a more or less constant stream of attempted attacks. Combined with the increase in remote work, it’s easy to see that there’s no shortage of opportunities for digital threat actors.
Cybersecurity lessons from 2022
In 2022, human error was recognized as one of the biggest threats to cybersecurity. Brad LaPorte, a partner at HighTide Advisors, predicts99% of data breacheswill be caused by a misconfiguration of settings or installation by an end-user — meaning most common cyber threats of the future may be avoidable with proper employee education.
In the MSP world, we also noticed that providers overall are going to need to do more in terms of cybersecurity going forward for themselves and their clients. These steps include things like pursuing a zero-trust network architecture and investing more in community training and threat intelligence research.
2022’s cyber threat landscape is still relevant in 2023. While you must remain flexible and ready to respond to novel threats, MSPs should also establish a structured plan for what to do after an attack. First perform a cybersecurity risk assessment, then develop the right cybersecurity framework for your business.
Cybersecurity threats and attacks in 2023
Protecting our constantly connected devices and monitoring malicious mobile attacks are just the tip of the iceberg. MSPs should be wary of a wide range of hacker TTPs that will continue to be common in 2023. Here are the 10 top cybersecurity threats to watch out for.
In 2022, over 25,000 vulnerabilities were assigned a common vulnerabilities and exposures (CVE) number in the National Vulnerabilities Database. Each of these represents an actively-exploited vulnerability that MSPs need to be aware of.
Recent critical vulnerabilities found in Microsoft Exchange servers are among some of the most prominent examples. These vulnerabilities, known as ProxyLogon, were actively exploited by an APT known as HAFNIUM, and several new vulnerabilities have since been discovered in Microsoft Exchange.
Though many MSPs have made the transition to Microsoft 365 for their clients, those still supporting on-premises Exchange need to pay close attention to these vulnerabilities, as a compromised Exchange server can be catastrophic for an organization.
In addition to vulnerabilities in Exchange servers, a new phishing technique has emerged that is designed to bypass the default behavior for handling VBA macros in Office documents downloaded online, using LNK files. These files are simple to craft, appear innocuous, allow arbitrary execution, and can bypass many of the defenses found in Office document
While there is no direct mitigation for protecting against malicious LNK files, MSPs can take steps to protect against some delivery vectors and limit options for execution, like email restrictions, blocking disk image files from automatically mounting, and enacting application controls. In addition, user education and network design using the principle of least privilege and zero trust can help reduce the overall attack surface.
Another major area of vulnerability is IoT devices with inherent vulnerabilities that cybercriminals can exploit to gain access to the device or its data, but we will address those specifically later on.
2. Business email compromise
Business emails can be compromised by cyber threats in several ways, including:
- Phishing. Cybercriminals can use phishing emails to trick employees into divulging sensitive information, such as login credentials or financial information. These emails may appear to be from a trusted source, such as a bank or a supplier, and may use social engineering techniques to persuade the recipient to take action.
- Malware. Cybercriminals can use malware, such as viruses or trojans, to infect a user's computer and gain access to their email accounts. Once the malware is installed, it can steal login credentials or capture sensitive information from the user's computer.
- Social engineering. This type of cybersecurity attack tricks employees into divulging sensitive information or granting access to their email account. This can include impersonating an executive or IT administrator or creating a fake login page that appears to be legitimate.
- Weak passwords. If employees use weak, reused, or easily guessable passwords, cybercriminals can use brute-force attacks to guess the password and gain access to the email account.
Once a cybercriminal gains access to a business email account, they can use it to send phishing emails or other types of spam, steal sensitive information, or use the account to launch attacks against other employees or the company's systems. To protect against these threats, businesses should:
- Train employees on how to identify and avoid phishing emails.
- Insist employees use strong passwords and two-factor authentication.
- Keep software and security systems up to date.
- Implement email security measures such as spam filters.
One growing type of cybersecurity threat is crime-as-a-Service (CaaS). CaaS describes the provision of cybercriminal tools, services, and expertise through an underground, illicit marketplace. Essentially, CaaS allows criminals to outsource the technical aspects of their operations to other cybercriminals with more expertise.
CaaS allows criminals to access a wide range of nefarious services and tools, such as:
- Malware development
- Exploit kits
- Initial access brokers
- Phishing kits
- Botnet rental
- Hacking tutorials
These services are often provided via a subscription model, where cybercriminals pay on a regular basis for access to certain tools and talent.
The use of CaaS has led to an increase in cyberattacks in recent years, as it lowers the barrier to entry for would-be cybercriminals. With access to sophisticated tools and services, even those with limited technical knowledge can carry out cyberattacks, widening the suspect pool and thereby making it more difficult for law enforcement agencies to track and prosecute cybercriminals.
4. Supply chain attacks
Supply chain attacks are a relatively new cybercrime innovation that continue to grow in scope and frequency. Hackers infiltrate supply chain technology to access source codes, build codes, and other infrastructure components of benign software apps, their end goal being to use these legitimate platforms as conduits for distributing malware into supply chain systems.
Examples of high-profile supply chain attacks include:
Cybersecurity experts believe that supply chain attacks are increasing due to:
- Open-source code
- Compromised pipeline tools
- Poor code uploads
Preventing future supply chain attacks may be one of the biggest challenges your team will face. With the increased reliance on open-source platforms and APIs, hackers will have no shortage of infiltration points to execute their malicious endeavors.
But all hope is not lost. Here aresteps you can taketo protect clients against supply chain attacks:
- Use endpoint monitoring tools to spot and stop suspicious activity.
- Stay current with all system patches and updates.
- Implement integrity controls to ensure users are only running tools from trusted sources.
- Require admins and other users to use two-factor authentication.
In addition to the steps above, MSPs should have an effective incident response plan. As we mentioned, supply chain attacks are relatively new, so some are bound to infiltrate systems as we learn more and develop better protective techniques.
Check out ourConnectWise incident response webinar to learn more about how our service offerings can prepare your clients if disaster strikes.
5. Cloud-based attacks
Cloud-based attacks encompass a wide range of hacker TTPs. With so many businesses using the cloud — and with cloud networks becoming more intricate — their infrastructure has become low-hanging fruit for digital threat actors.
Cybersecurity professionals focus on something known as the “Egregious Eleven.” These are the 11 most popular infiltration points for cloud-based threats. In order of severity, they are:
- Data breaches
- Misconfiguration of settings and installs
- Poor cloud security setup and planning
- Mismanagement of ID, login credentials, and account access
- Stolen or hijacked accounts
- Insider threats
- APIs and insecure software interfaces
- Weak control plane
- Applistructure and metastructure failures
- Restricted cloud usage visibility
- Abuse of cloud services
Because cloud-based applications shoulder most of the modern corporate workload, focusing on airtight cybersecurity practices is one of the best steps anyone can take to protect themselves and their partners. The following steps are good preventative measures:
- Monitoring access to sensitive resources
- Enforcing strict password requirements
- Implementing a sound data backup plan
- Leveraging data encryption
To add an extra layer of protection, MSPs should also implement routine penetration testing. Thinking like a cybercriminal and pushing your cybersecurity protocols to the breaking point is one of the best ways to strengthen your defenses. Be sure to assess and inventory potential system weaknesses after testing.
6. Data center attacks
Cybercrime data center attacks can take many forms, including:
- DDoS attacks
- Malware attacks
- Insider threats
- Phishing attacks
- Ransomware attacks
Data centers are often high-value targets for cybercriminals, as they store and process large amounts of sensitive information. Therefore, it is crucial for you to implement robust security measures such as access controls, intrusion detection and prevention systems, as well as regular security audits to protect against these attacks.
Malware, specifically ransomware, continues to pose a significant cybersecurity threat. This form of cyberattack has been around for decades, and hackers continue to evolve their delivery methods.
To help keep your clients educated in 2023, here is some of the ransomware data that should be on your radar:
- According toour 2023 Cyber Threat Report for MSPs, Lockbit was by far the most prevalent ransomware in use in 2022, but activity decreased in Q4 of that year, potentially suggesting a behavioral change from affiliates.
- The amount of money extorted from ransomware victims in 2022 was actually less than the year before, at least $456.8 million down from $756.6 million. This is largely because less people are willing to pay.
- An October 2022 ransomware attack on the CommonSpirit Health hospital system cost the company $150 million in revenue; a class action lawsuit from patients whose information was compromised is on the horizon.
- Global ransomware damages are predicted toexceed $265 billionby 2031.
- There were an estimated 236.1 million ransomware attacks globally in the first six months of 2022.
- Ransomware was the chosen method for623.3 million attacksworldwide in 2021. That works out to 2,170 attempts per user and 105% growth from the 2020 numbers.
- 230,000 newmalwaresamplesare produced daily, and experts predict that number to keep growing.
Modern EDR (endpoint detection and response) software can help prevent ransomware payloads from executing. They can also set security parameters on endpoint web browsing to ensure clients’ employees don’t stray too far from safe browsing locations.
Combined with this is the potential threat of double and triple extortion. With double extortion, malicious actors may threaten victims with having their sensitive data sold or exposed, versus simply requiring a ransom to decrypt it. With triple extortion, payment may be demanded from anyone who is affected by leaked data, not just the originally attacked company.
Additionally, having a solid and robust backup plan is one of the best ways to protect against ransomware. If your system is on the larger side, you can’t possibly prevent 100% of attacks. The key is having procedures in place to back up corrupted data from the attacks that do get through.
8. IoT device hacking
With many employees working from home and accessing sensitive company platforms and data from multiple scattered endpoints, combined with the progression of cloud technology, hackers have more infiltration opportunities than ever before. At ConnectWise, we refer to this as the “infinite edge,” the new reality that MSPs have to grapple with.
Most businesses are at risk of exposure to external device cybersecurity threats. Although experts in the industry say the number of attacks has decreased, digital threat actors continue to develop more sophisticated infiltration methods.
Cybercriminals often target the following:
- Default passwords. Many smart devices come with default login credentials that are easy to guess, such as "admin/admin" or "admin/password." Cybercriminals can exploit these default passwords to gain access to the device and its data.
- Unsecured Wi-Fi networks. Smart devices often connect to Wi-Fi networks, which can be unsecured or use weak encryption. Cybercriminals can exploit vulnerabilities in these networks to intercept data transmitted over the internet.
Once cybercriminals have gained access to a smart device, they can carry out a range of attacks, such as:
- Stealing data
- Installing malware
- Launching DDoS attacks
- Spying on the device's owner through its camera or microphone
Hackers are getting more creative in the emails, messages, and social media tactics they use to trick mobile users into downloading malicious software and handing over private information. Threat actors will even leverage the App Store to infect users’ mobile devices. This is bad news, as so many devices are connected to the internet.
Fortunately, there are ways to protect your devices:
- Have users select secure, difficult passwords.
- Stay current with OS updates and system patches.
- Make sure clients encrypt their data.
- Have clients install antivirus or anti-malware protection.
- Changing default passwords
- Keeping software updated
- Avoiding unsecured Wi-Fi networks
- Being cautious of suspicious emails or links
If you use devices on less secure, public networks, don’t do anything work-related or any tasks requiring access to sensitive data. It’s also helpful to monitor or screen employees’ app downloads. Configure parameters that prohibit certain apps from being downloaded to your devices.
9. Insider threats
Once internal system users are compromised, they can become an even greater threat to the system than external attackers.The Ponemon Institute’s 2022 reporton the global state of insider threats found that incidents have risen 44% since 2020.
The Ponemon Institute also found the cost of insider threat breaches to be on the rise. Businesses that experience an insider threat can expect it to cost them somewhere in the neighborhood of $15.38 million.
The bulk of those costs come from disruption of business, loss in technology value, and direct and indirect labor. Those three categories alone account for 63% of insider threat costs. The remaining 37% of costs come from workflow changes, cash outlays, overhead, and subsequent revenue losses.
Much like social engineering, insider threats rely on the negligence and actions of a company’s end users.
In addition to conducting cybersecurity awareness training, you should implement tools and procedures to proactively monitor employees’ networks, such asConnectWise’s SIEM platform. You should also set up parameters and tools to monitor user behavior, as well as establish strict security protocols.
10. State-sponsored cyber warfare
State-sponsored cyber warfare refers to the use of cyberattacks by one nation-state against another for strategic or military purposes. These attacks are often carried out by well-funded and highly skilled teams of hackers or cyber soldiers who are trained and supported by a government.
State-sponsored cyber warfare takes many forms, including:
- Cyber espionage. Cyber espionage involves stealing sensitive information from another country's government, military, or critical infrastructure.
- Sabotage. Sabotage involves disrupting or disabling critical systems such as power grids, financial systems, or transportation systems to cause chaos and damage.
- Propaganda. Propaganda involves using social media or other channels to spread misinformation or disinformation to influence public opinion or sow discord.
- Offensive cyber operations. Offensive cyber operations involve using cyber-attacks to disrupt or destroy another country's military capabilities, such as command and control systems or weapons systems.
This is particularly pertinent due to the use of cyberwarfare in the Russia/Ukraine War, which preceded physical conflict and is still ongoing. Our 2023 MSP threat report has a comprehensive breakdown of the actions that Russian state-sponsored threat actors have already taken, and what they are likely to do moving forward.
State-sponsored cyber warfare can have serious consequences, including economic damage, loss of life, and national security risks. As a result, countries often invest heavily in cyber defense capabilities to protect against such attacks and to develop their own offensive capabilities to deter potential attackers. It is also important for nations to cooperate and coordinate with each other to prevent and mitigate the effects of state-sponsored cyber warfare.
General best practices for MSPs in 2023
Here are a few best practices you can follow internally to minimize the chances of one of these attacks infiltrating your clients’ systems:
- Implement audits. Keep track of any system changes for clients, attacks you’ve dealt with, etc. You’ll be able to avoid any mistakes and continually improve your offerings for clients.
- Useenterprise-class software. ConnectWise can help on this front. We have a full suite of products to help you give your clients the exact service and protection they need.
- Stay proactive. Remain ahead of the curve when it comes to hacker/attack education, client system updates, and anything else that’s within your grasp. Planning ahead and being prepared are two of the most critical steps in protecting clients’ digital assets.
- Keep clients in the loop. Have open lines of communication with your clients. Even in the event of drastic errors, breaking the news right away is always the best course of action. You and your client can work together to get out in front of the issue. By not saying anything, you may turn a minor issue into a much bigger problem.
- Train your staff often. Your team should constantly be renewing their training on cybersecurity trends and news, but also on your internal company policies and procedures. This way, they’re both knowledgeable about their craft and also able to follow company SOPs to provide white-glove customer service.
As always, ConnectWise is here to help with a variety of Cybersecurity Management Solutions for MSPs. Request a demo of our cybersecurity suite or talk to a cybersecurity expert to see how we can help you protect your business and your clients.
160 Cybersecurity Statistics 2023 [Updated] Cybersecurity statistics indicate that there are 2,200 cyber attacks per day, with a cyber attack happening every 39 seconds on average. In the US, a data breach costs an average of $9.44M, and cybercrime is predicted to cost $8 trillion by 2023.How many cyber attacks happen per day in 2023? ›
160 Cybersecurity Statistics 2023 [Updated] Cybersecurity statistics indicate that there are 2,200 cyber attacks per day, with a cyber attack happening every 39 seconds on average. In the US, a data breach costs an average of $9.44M, and cybercrime is predicted to cost $8 trillion by 2023.What are the top cybersecurity trends to be aware of in 2023? ›
The 2023 Digital Ecosystem
As the interest greatly expands in users, so do the threats, As the Metaverse comes more online it will serve as a new vector for exploitation. Artificial intelligence and machine learning, while great for research & analytics (i.e. ChatGPT).
February 2023 saw a record number of victims for LockBit, a record high ransom demand, and a devastating assault on the City of Oakland.What are the cyber attacks on banks in 2023? ›
Cryptojacking, AI-based attacks, ransomware, and phishing are among the threats for 2023. Specific cybersecurity strategies can help banks prepare. Cyberattacks are becoming more frequent, and they're costing companies more as well.What are the top ransomware attacks in 2023? ›
|Name of the victim organization||Disclosure/report date||Attack date|
|Livingston Memorial VNA Health Corporation||1/20/2023||2/19/2022|
|Pattillo Construction Corporation||1/23/2023||11/25/2022|
Malicious actors will use more aggressive ransomware, phishing, and malware tactics in 2023, and double extortion will gain traction. Large companies or multinationals are most at risk of these targeted attacks since extended downtime results in revenue losses across their business chain.What are the 3 major threats to cyber security today? ›
The main types of information security threats are: Malware attack. Social engineering attacks. Software supply chain attacks.What technology is the most often hacked? ›
But while the range of connected devices ranges in scope from computers and smartphones to smart televisions and kitchen appliances, it's security camera systems which are the most hacked IoT devices.Who is most at risk for cyber attacks? ›
- Healthcare. ...
- Financial Services. ...
- Retail. ...
- Education. ...
- Energy and Utilities. ...
- Government. ...
- Manufacturing. ...
- Reduce Data Transfers.
According to the Global Cybersecurity Outlook 2023, 93% of cybersecurity leaders and 86% of business leaders think a far-reaching, catastrophic cyber event is at least somewhat likely in the next two years.What are the top security threats leaders must prepare for in 2023? ›
- Vulnerability in the Cloud. ...
- Data Breaches. ...
- Risky Hybrid or Remote Work Environments. ...
- Phishing Gets More Sophisticated. ...
- Ransomware Strategies Evolve. ...
- Cryptojacking. ...
- Cyber-Physical Attacks. ...
- State-Sponsored Attacks.
By 2024, modern privacy regulation will blanket the majority of consumer data, but less than 10% of organizations will have successfully weaponized privacy as a competitive advantage.Which technologies will dominate in 2023? ›
- Artificial Intelligence (AI) and Machine Learning (ML)
- Robotic Process Automation (RPA)
- Edge Computing.
- Quantum Computing.
- Virtual Reality (VR) and Augmented Reality (AR)
- Internet of Things (IoT)
The first month of 2023 saw 33 publicly disclosed ransomware attacks, the highest number of attacks we have ever recorded for a January. The education sector topped the victim list with 11 attacks, over a third of all incidents recorded this month.What are the ransomware families in 2023? ›
The five malware/ransomware groups that booted for 2023 are Russian-hacked Lockbit, North Korean-funded Lazarus, the double-extortion specialist Black Basta, the former Soviet state-backed ransomware hub, Hive, and the notorious Conti ransomware gang.Which is the latest malware attack? ›
- Play ransomware gang uses custom Shadow Volume Copy data-theft tool. ...
- US, UK warn of govt hackers using custom malware on Cisco routers. ...
- Ex-Conti members and FIN7 devs team up to push new Domino malware. ...
- Hackers abuse Google Command and Control red team tool in attacks.
Below are some of the most common types of cyber-attacks: Malware. Phishing. Man-in-the-middle attack (MITM)What's going on in banking 2023? ›
Growing deposits will be a priority in 2023. Banks' concerns over small business deposits soared to 72% from 41% in 2022. For credit unions, retail deposits topped the list, skyrocketing from 18% in 2022 to 70% in 2023.Where are all the cyber attacks coming from? ›
China has continued to wage large scale cyber attacks, and this includes stealing intellectual property. More than a third of all cyber attacks are instituted in China, where the People's Liberation Army (PLA) even employs military units that are specialized in network attack and defense.
Phishing, remote desk protocol (RDP) exploitation and software vulnerabilities are the principal root causes of ransomware infections.What are the top two targets for ransomware attacks? ›
Healthcare and public health were the top targets of ransomware attacks last year, according to the Federal Bureau of Investigation's Internet Crime Complaint Center (IC3).What are the most common ransomware targets? ›
- Banking and Financial Services. The reasons for targeting banking and financial services companies are fairly clear. ...
- Education. ...
- Energy and Utilities. ...
- Government. ...
- Manufacturing. ...
- Valuable Data. ...
- Lack of Security Infrastructure. ...
- Money for a Ransom.
By 2025, nearly half of cybersecurity leaders will change jobs, 25% for different roles entirely due to multiple work-related stressors, according to Gartner, Inc. “Cybersecurity professionals are facing unsustainable levels of stress,” said Deepti Gopal, Director Analyst, Gartner.What are the 7 types of cyber security threats? ›
- Distributed denial of service (DDoS) attacks.
- Spam and Phishing.
- Corporate Account Takeover (CATO)
- Automated Teller Machine (ATM) Cash Out.
- Encryption. ...
- Ransomware. ...
- DDoS Attacks. ...
- Insider Threats. ...
- Cloud Security. ...
- SQL Injection. ...
- Man-in-the-Middle Attacks. ...
- How To Defend Against Network Security Risks.
- Ransomware. Ransomware is malware designed to use encryption to force the target of the attack to pay a ransom demand. ...
- Malware. ...
- Fileless Attacks. ...
- Phishing. ...
- Man-in-the-Middle (MitM) Attack. ...
- Malicious Apps. ...
- Denial of Service Attack. ...
- Zero-Day Exploit.
Stolen personal information is fuel for identity theft
Many online services require users to fill in personal details such as full name, home address and credit card number. Criminals steal this data from online accounts to commit identity theft, such as using the victim's credit card or taking loans in their name.
Cryptocurrency is a decentralized digital currency that uses cryptography to secure transactions and ownership information. Cryptocurrency transactions are recorded in a digital ledger called a blockchain. The concepts behind blockchain technology make it nearly impossible to hack into a blockchain.Where do 90% of all cyber attacks come from? ›
Almost 90% of Cyber Attacks are Caused by Human Error or Behavior.
Fend Off Phishing : Learn how more than 90% of all cyber attacks begin with phishing. Find out how attackers leverage phishing attacks to gain access to protected systems, hosts, and networks. Discover how technology can be used to mitigate phishing attacks and train users to better recognize phishing emails.What is the number one cause for most cyber attacks? ›
Criminal hacking—it's what causes the majority of data breaches. These are planned attacks by cybercriminals always looking to exploit computer systems or networks. Some common techniques include phishing, password attacks, SQL injections, malware infection, and DNS spoofing.What has Biden done for cybersecurity? ›
The Administration has already taken steps to secure cyberspace and our digital ecosystem, including the National Security Strategy, Executive Order 14028 (Improving the Nation's Cybersecurity), National Security Memorandum 5 (Improving Cybersecurity for Critical Infrastructure Control Systems), M-22-09 (Moving the ...What is the future of cybersecurity in next 5 years? ›
In the next five years, the use of IoT technology will increase as more people use it in their day-to-day lives. According to data from IoT Analytics, there were 10 billion connected devices in 2019 and we could see that triple to 30.9 billion by 2025.What is next gen cyber security? ›
But the term next-gen now also refers to cybersecurity solutions that use real-time predictive methods like machine learning (ML), artificial intelligence (AI), and behavioral analysis to increase prevention, efficacy, and speed. In some cases, the term extends to automated threat detection and response capabilities.What are the three 3 categories of threats to security? ›
The three most general categories are natural threats (such as earthquakes), physical security threats (such as power outages damaging equipment), and human threats (blackhat attackers who can be internal or external.)What are the three 3 strategic end goals of cybersecurity? ›
The CIA triad refers to an information security model made up of the three main components: confidentiality, integrity and availability.What will be the biggest challenge faced by cybersecurity professionals in the next year? ›
Adapting To A Remote Workforce
However, safeguarding remote and hybrid working environments will continue to be the biggest challenge in cyber security. The key to secure remote working is cloud-based cybersecurity solutions that protect the user's identity, device, and the cloud.
This virtual event will focus on some of the new threats posed by cybercriminals and nation-states. On December 13, Cybersecurity Outlook 2023 will look at some of the new threats posed by cybercriminals and nation-states, as well as evolving products and technologies that may help mitigate those threats.Should I learn cyber security in 2023? ›
Yes, there is still a demand for cyber security in 2023, and it will be there beyond 2023.
More than 1 million cyber security jobs will be available by 2023, but less than 400,000 cybersecurity professionals will be trained by then. Cyber security is an ever-growing industry. It is projected to grow by 11% in 2023 and by 20% in 2025. This is a fast-paced career with a median salary of $81,000.What is the biggest tech trend in 2023? ›
- Use of Low-Code or No-Code AI. ...
- Curated Interactions like ChatGPT. ...
- Digitally Immune Systems. ...
- Hyper-Automation. ...
- Growth of Green Technologies. ...
- The Rise of Edge and Quantum Computing. ...
- Genomics. ...
- Digital Twins to Bridge the Gap Between the Digital and Physical Worlds.
Technology related predictions due to make an impact in 2024 include: The big business future behind self-driving cars: Future of Transportation P2. Rise of the big data-powered virtual assistants: Future of the Internet P3. Your future inside the Internet of Things: Future of the Internet P4.What new technology is coming out in 2024? ›
Some experts believe that the future of technology in 2024 will likely involve advancements in areas such as artificial intelligence, virtual and augmented reality, the Internet of Things, 5G networks, robotics, quantum computing, and biotechnology.What password was leaked in 2023? ›
After examining 56 million breached and leaked passwords in 2023, the Cybernews research team discovered the password “123456” was used in 111,417 cases. Worryingly, default passwords used by workers with system access privileges still remain all too easy for a threat actor to guess.What companies have been hacked in 2023? ›
1. Yum Brands (KFC, Taco Bell, & Pizza Hut): April 2023. Yum Brands, the parent company of popular fast food chains KFC, Taco Bell, and Pizza Hut, announced in April of 2023 that a cyber attack that occurred earlier this year in January.What are the cybersecurity statistics for 2023? ›
160 Cybersecurity Statistics 2023 [Updated] Cybersecurity statistics indicate that there are 2,200 cyber attacks per day, with a cyber attack happening every 39 seconds on average. In the US, a data breach costs an average of $9.44M, and cybercrime is predicted to cost $8 trillion by 2023.What is the latest ransomware in 2023? ›
Cl0p was the most used ransomware in March 2023, dethroning the usual frontrunner LockBit, after breaching over 104 organizations with a zero-day vulnerability.Which virus holds computer for ransom? ›
Ransomware is a type of malicious software, or malware, that prevents you from accessing your computer files, systems, or networks and demands you pay a ransom for their return. Ransomware attacks can cause costly disruptions to operations and the loss of critical information and data.What is the deadliest malware? ›
- Mydoom. Considered by many to be the most dangerous computer virus in history, the Mydoom virus cost around $38 billion worth of damage in 2004. ...
- Sobig. The Sobig virus is a computer worm. ...
- Conficker. ...
- Klez. ...
- ILOVEYOU. ...
- WannaCry. ...
- Sasser. ...
The malware is one of the most sophisticated ransomwares ever seen in the wild, and marks a leap ahead for cybercrime.What are the three newest virus threats? ›
- Clop Ransomware.
- Third-Party Exposure.
- Zeus Gameover.
- Cloud Breaches.
- Internet-of-Things Vulnerabilities.
- Ransomware as a Service (RaaS)
- Social Engineering and Subtypes.
- Turn on Multifactor Authentication. Implement multi-factor authentication on your accounts and make it significantly less likely you'll get hacked.
- Update Your Software. Update your software. ...
- Think Before You Click. Think before you click. ...
- Use Strong Passwords.
- Denial-of-Service (DoS) Attacks.
- Identity-Based Attacks.
- Code Injection Attacks.
- Supply Chain Attacks.
- Insider Threats.
Despite the recent uncertainty, experts don't recommend withdrawing cash from your account. Keeping your money in financial institutions rather than in your home is safer, especially when the amount is insured. “It's not a time to pull your money out of the bank,” Silver said.What banks are in trouble in 2023? ›
Among these banks were Silvergate Bank, Silicon Valley Bank, and Signature Bank, which collapsed in March 2023 Additionally, undercapitalization, loan quality, and losses on investment securities are common reasons why banks may fail.Where are most hackers located? ›
With definitions out of the way, you can be sure of the kinds of hackers we're talking about. Indeed, China is home to the world's highest number of hackers per capita.Who is the No 1 hacker in world? ›
Kevin Mitnick holds the title as the world's most famous hacker ever, with this title dating back to 1995 by the US Department of Justice. Kevin Mitnick started hacking at an early age. He broke into the realm of public attention in the 1980s after he hacked into the North American Defense Command (NORAD).What is the #1 cause of ransomware? ›
Phishing, remote desk protocol (RDP) exploitation and software vulnerabilities are the principal root causes of ransomware infections.What are the two main defenses against ransomware? ›
Comprehensive antivirus and anti-malware software are the most common ways to defend against ransomware.
Complete Ransomware Protection Starts With 3-2-1-1
It says to keep three copies of your data—one primary and two backups—with two copies stored locally on two formats (network-attached storage, tape, or local drive) and one copy stored offsite in the cloud or secure storage.
Ransomware's Favorite Target: Critical Infrastructure and Its Industrial Control Systems. The health, manufacturing, and energy sectors are the most vulnerable to ransomware.What are the top three targeted industries for cyber attacks? ›
- Healthcare. Healthcare organizations are rich targets for cybercriminals because they hold a large amount of sensitive patient data. ...
- Financial Services. ...
- Retail. ...
- Education. ...
- Energy and Utilities. ...
- Government. ...
- Broken access control — the number one cyber threat. Broken access control continues to be a major problem for organizations. ...
- Phishing scams and social engineering hacks. Phishing scams are a common type of social engineering attack. ...
- Compliance dips in security. ...
- Internet of Things. ...
- Ransomware-as-a-service. ...
1) Phishing Attacks
The biggest, most damaging and most widespread threat facing small businesses is phishing attacks. Phishing accounts for 90% of all breaches that organizations face, they've grown 65% over the last year, and they account for over $12 billion in business losses.
In 2020, malware attacks increased by 358% compared to 2019. The most common cyber threat facing businesses and individuals is phishing.What is the #1 threat to information security? ›
1. Insider threats. An insider threat occurs when individuals close to an organization who have authorized access to its network intentionally or unintentionally misuse that access to negatively affect the organization's critical data or systems.What are the most 4 common types of computer security risks? ›
- Computer Viruses. Perhaps the most well-known computer security threat, a computer virus is a program written to alter the way a computer operates, without the permission or knowledge of the user. ...
- Spyware Threats. ...
- Hackers and Predators. ...
Ransomware has become a popular form of attack in recent years growing 350% in 2018. Ransomware detections are on the rise with Ryuk detections increasing by 543% over Q4 2018, and since its introduction in May 2019, 81% of cyber security experts believe there will be more ransomware attacks than ever in 2019.What are the six 6 types of attacks on network security? ›
- Malware. Malware is an umbrella term for many forms of harmful software — including ransomware and viruses — that sabotage the operation of computers. ...
- Phishing. ...
- SQL Injection Attack. ...
- Cross-Site Scripting (XSS) Attack. ...
- Denial of Service (DoS) Attack. ...
- Negative Commentary Attacks.
The main types of cybersecurity threats that companies face today include malware, social engineering, web application exploits, supply chain attacks, Denial of Service attacks, and man-in-the-middle attacks.What are the 4 types of threats? ›
Threats can be classified into four different categories; direct, indirect, veiled, conditional.What are 90% of cyber attacks? ›
Fend Off Phishing : Learn how more than 90% of all cyber attacks begin with phishing. Find out how attackers leverage phishing attacks to gain access to protected systems, hosts, and networks.What is the number 1 cybercrime in USA? ›
1. Phishing. Phishing is when criminals send fraudulent emails pretending to be from legitimate businesses, in an attempt to collect sensitive, personal information.What is the most common security risk? ›
1 – Malware
We'll start with the most prolific and common form of security threat: malware.