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Our Top 5 Cybersecurity Predictions For 2023

Craft Compliance's Top 5 Cybersecurity Predictions For 2023

What are the most important security trends to be following as 2022 comes to a close?

As we approach the new year, here are our top 5 predictions on what we can expect for security in 2023:

Security Prediction 1: Security Fundamentals Staying Steady

First of all, security fundamentals don't change. Don't get caught up in fancy end-of-year pricing, latest marketing trends, or charismatic sales people. The fundamentals didn't change last year and they won't change in 2023.

Security Prediction 2: Security Numbers Continue Going Up

An easy prediction for 2023 is that security numbers continue going up: more data breaches; more attacks (ransomware and others); and more security requirements and budgets. This is an easy prediction because these numbers have gone up consistently for many years now.

Security Prediction 3: Expect More Government Involvement

After the Colonial Pipeline, the Russia-Ukraine war, and TikTok, expect more government regulations and requirements around cybersecurity and privacy beyond just the laws that have already passed and will go into effect starting in 2023 (including privacy laws for California, Virginia, Connecticut, Colorado, and Utah).

Security Prediction 4: Bigger Fines for Breaches

As new laws go into effect, companies that suffer data breaches and compliance problems are going to have a whole slew of new regulators looking for explanations. Expect bigger and bigger fines as more of these regulators levy their own versions of justice.

Security Prediction 5: More Powerful Actors

The war in Ukraine has illustrated the power of cybersecurity as a national level weapon. While I don't expect massive cyber attacks between governments (that would almost certainly be taken as an act of war), expect states like Russia, China, and others to increasingly fund and support smaller hacker groups operating in their countries as “independent” pirates, with a wink-wink arrangement for the groups to stay safe if they are targeting rival nations.

If you have thoughts on any of our predictions or you’re looking to step up your security efforts in 2023, just send us an email to let us know.

(P.S. Want more predictions? Here are 27 predictions from CyberTalk.)

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