2023 Cybersecurity predictions from CyberArk

2022
has
left
its
mark,
particularly
over
the
last
couple
of
months,
as
cybersecurity
has
become
a
national
issue.
The
recent
high-profile
breaches
have
cast
a
spotlight
on
the
devastating
effects
of
cyber-attacks.

2023 Cybersecurity predictions from CyberArk

2022
has
left
its
mark,
particularly
over
the
last
couple
of
months,
as
cybersecurity
has
become
a
national
issue.
The
recent
high-profile
breaches
have
cast
a
spotlight
on
the
devastating
effects
of
cyber-attacks. 

2022
has
propelled
organisations
forward
in
its
own
way.
In
2023
we
will
see
yet
another
chapter
of
cybersecurity
threats
and
challenges,
along
with
a
shift
across
organisations
to
proactively
take
charge
of
their
cyber
resilience
against
new
and
evolving
cyber
threats.

These
are
my
top
three
predictions
for
2023.


Cybersecurity
takes
a
seat
at
the
boardroom
table

Driven
by
the
extreme
increase
in
cyber
threats
and
attacks
over
the
last
couple
of
months,
I
predict
2023
will
finally
be
the
year
we
see
a
breakthrough
in
how
cybersecurity
is
factored
into
business
strategies.
CISOs
will
take
a
seat
at
the
boardroom
table,
with
cybersecurity
making
its
way
into
the
mainstream
strategic
business
discussions
as
a
critical
issue
that
all
the
executives
across
the
business
are
aware
of
and
responsible
for.

It
will
be
critical
for
all
key
business
executives
to
proactively
ensure
alignment
between
their
business
and
security
objectives
while
managing
cybersecurity
debt.
Forming
a
dedicated
committee
and
allocating
the
right
resources
to
resolve
any
conflicts
between
what
business
and
security
executives
want
will
be
essential
to
ensuring
alignment
and
maintaining
awareness
of
the
business’
cybersecurity
strategy
to
prevent
severe
business
disruption. 

We
have
already
seen
some
positive
changes
and
will
finally
see
more
widespread
and
mainstream
uptake
of
these
internal
changes
as
they
realise
the
close
connection
and
importance
those
decisions
have
on
their
business
reputation
and
safety.


The
price
of
non-action
will
be
high

We
will
continue
to
see
Governments
rolling
out
new
legislations
and
updated
reforms
to
keep
pace
with
the
evolving
cybercrime
and
threat
actors,
particularly
within
critical
infrastructure,
as
they
become
more
frequent
and
sophisticated.

This
is
another
positive
step
forward
for
the
industry,
giving
organisations
the
push
they
need
to
come
to
terms
with
the
significance
of
cybersecurity
within
their
strategic
decision
making.
Organisations
will
quickly
realise
the
importance
of
investing
in
cybersecurity
as
they
look
for
technologies
that
will
help
them
meet
regulatory
compliance
requirements
set
by
authorities
that
require
businesses
to
meet
an
elevated
level
of
security
for
their
organisations. 

For
example,
the
new
reforms
in
the
SLACIP
Act,
which
now
covers
more
industries
and
comes
with
elevated
fines
for
breaches,
have
also
resulted
in
more
organisations
improving
their
security
posture. 

Legislations
will
be
stricter
and
the
price
of
non-action
will
be
higher.


Sophisticated
cybercrime
is
the
new
business
model

We’ve
already
seen
threat
actors
professionalise
their
operations
this
year
and
while
most
will
use
alternative
ways
to
infiltrate
organisations
and
revisit
old
tricks,
the
sophistication
of
attacks
will
increase
and
develop
at
scale. 

We
will
see
true
collaboration
arise
between
hackers
to
conduct
large-scale
and
persistent
attacks
against
significant
targets,
as
they
turn
their
‘profession’
as
‘service
providers’
into
a
sophisticated,
specialist
business
model.

If
organisations
don’t
have
a
sound
security
risk
management
and
prevention
program
in
place,
threat
actors
will
be
equipped
with
the
right
tools
and
methods
to
gain
access
to
sensitive
data
and
critical
system
operations.

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