Due to digital evolution around all businesses, large or small, organizations, corporations, and governments depend upon digitized systems for their daily activities. Not surprisingly, cybersecurity is a primary goal for all organizations to secure data from unauthorized access or online attacks.
Cybersecurity trends also change according to the continuous evolution of technologies. News of data breaches, hacks, and ransomware has become the norm. The recent press release, Gartner Identifies Three Factors Influencing Growth in Security Spending, estimates that spending on technology risk management and cybersecurity will increase globally in 2023 by 11.3%. Three factors primarily influence this.
- The transition to a Zero-Trust Network Access model is also the effect of the increase in remote work where VPN protection has become very limited.
- The continued rise of remote work, where companies are looking for ways to secure remote work environments from home
- The shift to Cloud models where it is easier for the company to manage the infrastructure.
Data security will continue to be the leading concern for all organizations worldwide. For organizations and individuals, the primary goal is to safeguard digital data. A minor bug or a flaw in software or system browser can create vulnerabilities that hackers may use to intrude on the company’s confidential or business information.
Here are the top data security trends for organizations in 2023.
Also Read: Top Vulnerability Management Trends Shaping the Cybersecurity in 2023
Data-centric cybersecurity is the Key
Enterprise data is growing continuously, both within and outside companies. Data collected from third parties must be protected adequately. Enterprises consider 55% to 80% of data stored as “dark data,” which is quite vulnerable to unknown risks. It is critical to have data-centric privacy and security compliance in a world where data is everywhere. Thus, organizations should consider establishing architectures from a data-centric security approach in 2023.
According to, The Gartner Top Cybersecurity Predictions for 2023, government protection and privacy regulations will reach more than 5 billion citizens in 2023. In this case, as modern data protection legislation is established in multiple jurisdictions and geographies, automation of privacy management programs is vital.
Growth in the Adoption of the Zero-Trust Security Model
A Zero-Trust Architecture (ZTA) continuously assesses risk based on context criteria and identity, for instance, device, location, time of access, data sensitivity, etc. The risk of a resource is assessed on each access, and the minimum necessary privilege is given to them. The risk must be evaluated and given a set of access privileges based on the risk, regardless of whether the resource being accessed is external or internal to the network perimeter.
According to the recent Cost of a Data Breach Report 2022, prepared by Ponemon Institute for IBM, organizations that have leveraged a Zero-Trust security model have saved almost 1 million Euros on average in data leakage costs. The Gartner’s Webinar, The Gartner Top Cybersecurity Predictions for 2023, also highlights that 60% of organizations will join the Zero-Trust security model by 2025. But half of them will fail to reap benefits. In this case, it is considered that management support to establish a Zero-Trust protection strategy is essential. This is to translate the advantages of an approach into business benefits or technical architecture. This data security trend has to be followed by all organizations to protect their data privacy and breach in time in 2023 as it is one of the effective ways to keep the data saved.
Supply Chain Security to be Increased
Privacy challenges and socio-political changes are some reasons that increase cybersecurity vulnerabilities in the supply chain. In the supply chain, organizations face challenges securing data and information they share with third parties and partners. When a company has its data within the corporate network, it can apply perimeter security measures. But this is not so easy to control regarding supply chain collaboration.
According to the recent Cost of a Data Breach Report 2022 by Ponemon Institute for IBM, the reason for one-fifth of the leaks that occurred in 2022 is a supply chain attack. It is costlier to detect and contain the leaks in the supply chain than the leaks within the organization. Security of the data shared with the third party is at the mercy of the security systems of our partners that we do not have control. Thus, as this data security trend suggests, organizations must handle it while dealing with supply chain data and information.
The New Era of Technology: IoT with 5G Network and Connected Risks
Due to the advent and growth of 5G networks and the Internet of Things (IoT), a new era of interconnectivity will become a reality. This communication between the multiple devices also causes them to undergo vulnerabilities from outside attacks, influence, or an unknown software bug. Even Chrome, the world’s most used browser supported by Google, was found to have a lot of serious bugs. Comparatively, 5G architecture is new in the industry and needs a lot of research to find loopholes to protect the system from external attacks. Many attacks that we might not be aware of can be brought by every step of the 5G network. Thus, manufacturers must be stringent in building sophisticated 5G software and hardware to control data breaches.
Also Read: Splunk Enterprise Updates Repair Critical Vulnerabilities
Potentials of Artificial Intelligence (AI)
As AI is being introduced to all market segments, utilization of its potential in cybersecurity has become a data security trend. Artificial Intelligence with machine learning has brought tremendous changes in cybersecurity. Artificial Intelligence has been paramount in building natural language processing, automated security systems, automatic threat detection, and face detection. Although cybercriminals are using AI for developing clever malware and cyber-attacks, AI-powered threat and risk detection systems can predict attacks and send alerts to the admin when there is a possibility of a data breach. Organizations can use this data security trend in 2023 to save businesses from cyberattacks effectively.
Data security trends in 2023 make organizations concerned about their security measures. Awareness of these data security trends in 2023 will enable organizations to mitigate threats in time, detecting them earlier. Companies are expected to spend a big budget on cybersecurity in 2023 and beyond as data security becomes a problem as technology advances. Cybercriminals also use the same advanced technology to intrude into a business and do malpractices for their gain. CISOs can plan a cybersecurity strategy for their respective organization and make all the employees in the company aware that the security measures are in place and make them behave accordingly.
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