Thinkers360 2023 Predictions for Cybersecurity are member-sourced from our opt-in B2B thought leader and influencer community with 100M+ followers on social media combined. The 2023 Predictions for Cybersecurity are part of a series to provide actionable insights for business and technology executives.
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We asked a selection of our Thinkers360 global thought leaders and influencers about their predictions for Cybersecurity in 2023. Here’s what they told us…
What are your predictions for Cybersecurity in 2023?
As we head into 2023, the unprecedented convergence of geopolitical tensions, rising attack surfaces, supply chain obstacles, intensifying threat vectors, economic instability, and a pandemic have forced organizations and individuals to adapt in ways that will forever shape our lives and how businesses secure themselves. The far-reaching implications of these events will be felt throughout 2023, and reinforces the need to be proactive in quantifying and mitigating cyber risk both personally and professionally. Quantifying cyber risk is critical to understanding their cyber spend and also how they cyber insure to cover any unacceptable risk. Due to all these issues cybersecurity teams are burnt-out, over-worked and facing greater threats than ever before and it is impacting their cyber efforts and affecting us all both personally and professionally. Therefore, many organizations and their leadership are putting greater thought into automation and artificial intelligence to help take some of the load off of their over-worked security teams and also to allow for their leadership and teams to accomplish more with less. This is especially important given the rise in the number of attacks and their increasing sophistication. AI and automation can be used to handle some of this tedious and time-consuming work and give leadership greater visibility into their security environment. Lastly, threat intelligence and incident response were receiving more attention and greater acceptance in the second half of 2022 and rightfully so. We should expect that to continue to accelerate throughout 2023.
– Mark Lynd, Head of Digital Business at Netsync.
In 2023 we will see more targeted, persistent, sophisticated attacks global in destination as well as origination. Geopolitical influences are creating more risk to critical infrastructure such as Russian – Ukrainian War and there has been a noticeable uptick of activity from hackers out of Iran and North Korea this past year.
• Zero Trust strategies have been mandated to all Federal Agencies as fears from high-profile breaches show that many networks may have already been corrupted. Zero Trust cybersecurity strategies will continue to take shape in both the public and private sectors.
• The transition by companies to digital transformation, the growth of the Internet of Things, combined with remote work have vastly expanded cyber-attack surfaces. Remote and hybrid work will continue and continue to be a target of criminal hackers.
• Supply Chain security continues to be a consistent cyber vulnerability and more focus and investment will be made to fortify the weak links.
– Chuck Brooks, President at Brooks Consulting International.
There will be a prominent gap and risk between increased cybersecurity attacks and under investment in cyber security due to economic uncertainty and pressure to reduce costs. Companies must make getting cyberfit a lifestyle starting from the board.
– Helen Yu, Founder & CEO at Tigon Advisory Corp.
2023 Will Be The Year Of Risk
A review of the events of 2022 shows that 2023 will not be the year of dire new cyber attacks waged by hoodie-wearing cyber criminals or office-bound nation state APTs. Instead, 2023 will be the year where multiple regulatory bodies express their mounting frustration with public and private companies’ collective inability to reduce the volume and impact of prior cyber attacks. In short, 2023 will be the year of risk. An unprecedented six regulatory entities all have announced separate plans to enact additional rules in 2023 to instruct companies on how to manage their risks. These are the Department of Defense (DOD), the Federal Reserve, the Federal Trade Commission (FTC), the New York Department of Financial Services (NYDFS), the Office of the Comptroller of the Currency (OCC, part of Treasury), and the Securities and Exchange Commission (SEC). These entities wouldn’t be telling companies how to manage their risks if they believed that there was adequate risk management being conducted today. Instead, the pending regulatory changes are intended to cover perceived systemic shortcomings associated with cyber risk management.
– Kayne McGladrey, Field CISO at Hyperproof.
In retrospect, my 2022 predictions went pretty well. For 2023, I predict three things. First, the U.S. Cyber Czar will publish the U.S. Cyber Policy. This Cyber Policy will facilitate greater cooperation between the public and private sectors while weaving cyber throughout the U.S. Government and its Allies. The Cyber Policy will address not only protection but detection and response as well, thereby facilitating a multipronged response to incidents (e.g., diplomatic, economic, cyber, and kinetic). Second, the world will recognize the real threat is from Advanced Persistent Threats (APT), especially Nation States. The ecosystem will place greater emphasis on detection and response. Combining this with the U.S. Cyber Policy will lead to greater cooperation between private companies, Federal Law Enforcement, and national assets like Cyber Command and the Department of State. Third, the recognition that cyber is more than just technology will continue to grow. There is a general recognition that people and processes are essential. I predict that will morph into a greater emphasis on fostering a cyber-aware culture and organizational structures. My stretch prediction has to do with the decreased focus on technology. Technologists will resist or at least struggle as the cyber domain gets folded into other areas especially less technical areas.
– Alex Sharpe, Principal at Sharpe Management Consulting LLC.
Cybersecurity attacks will be at an all-time high by 2023. Organizations, Education Centers, Hospitals, Manufacturing Centers, will all fall to the ongoing onslaught of cyber-attacks by threat actors globally. These organizations that fall victim to threat actors will turn to these post-quantum technology solution providers that have been built and designed throughout North America today. This post-quantum technology will be released in the first quarter of 2023 by a small yet more strategic non-profit corporation and the impact will be massive.
Cybersecurity product manufacturers will include Canadian and US companies that have worked closely with NATO and Western Allies and their agencies globally, who bring advancing technologies together through collaboration and partnerships. Organizations and Companies will quickly realize that post-quantum technology does not require the standard procedure required by the United States as a Framework for advancing technologies. These new types of technologies will increase data protection and digital privacy through post-quantum encryption, post-quantum communications, post-quantum mirroring and post-quantum cryptography that are able to accomplish great tasks, when working together as one. Western governments will attempt to secure this technology for themselves. These groups will state that only the military should have this technology for the protection of the West from being used as a weapon through electronic warfare or for controlling Western defense assets against themselves. Various defense brokers will attempt to control these products through industrial espionage if these technologies are not sold or are transferred to select defense organizations.
The aim will be to secure these assets for themselves, while trying to secure ongoing cashflow and technology superiority among the West. It will be through this technology that our western defenses can withstand a direct cyber assault by our enemies. It will be through these pending threats of cyber warfare and major domestic and international cyber incidents where we will see the most damage to our assets and personal freedoms. Our unfriendly neighbors and those who seek harm against the West, who seek the destruction of our technological defenses, will combat this technology through the creation of a new line of viruses and global attack programs to try to eliminate and terminate these technologies from advancement. Cyber Security Global Alliance’s Executive Director and Chairperson, James Castle, believes that it will be through this product’s post-quantum superiority that will prevent cyber warfare from happening worldwide. This is why post-quantum technology is so important in protecting our digital footprint and personal privacy’s. This is a global want! A major need for people everywhere! A priority for all nations of the West! This select group of four post-quantum technologies and one single non-profit cybersecurity defense organization will be the only Answer that the world needs, allowing for our digital freedoms to move forward. The solution is ready! This solution will End Ransomware and Deathware globally, and for many years to come. It’s about time.
– James Castle, Chairperson (CEO) at Cyber Security Global Alliance.
2023 will be year of the Security landscapes Consolidation. To protect employees and data in the hybrid world of work, companies have often purchased many new security solutions. This has created extremely complex security landscapes in which the tools do not work together well, leaving holes in cyber defenses and creating a lot of work for IT teams. 2023 will therefore be all about consolidation: fewer tools, more platforms, and everything networked efficiently and highly automated. Companies have no choice, given the fierce competition for skilled workers, especially as the threat situation continues to intensify with cybercrime as a service, smarter ransomware, and increasing activity by nation-state actors.
– Kai Grunwitz, CEO – Country Manging Director at NTT Germany
2023 will see an increased focus on cybersecurity supply chain attacks. Whilst this isn’t a new risk, the reality is dawning on many smaller SMB/SME players in the supply ecosystem, and their much larger clients are realising the risk, and quite rightly, they are now getting much more cautious and demanding. A cybercriminal will often attack an intended target by infiltrating a small supplier who has their own inroads to that business’ infrastructure. Smaller businesses have traditionally invested less in cyber resilience, but it is rapidly becoming a vital agenda item for everyone.
– Rob May, Managing Director at ramsac.
Cloud security officer (CSO) will be in high demand in 2023 I believe cloud adoption will accelerate further in 2023. Because of cloud adoption, businesses will need cloud security architecture in 2023 more than ever to reduce their exposure to cyber risk. It will create high demand for cloud security offers in 2023. Cloud security officer (CSO) have a key role to play in safeguarding the data increasingly stored in the cloud and mitigating cybersecurity threats, while also ensuring compliance with IT regulations, standards, and policies.
– Praveen Singh, Co-Founder & Chief Information Security Advisor at 5Sec CyberPWN Technologies.
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