As cyber threats are an integral part of businesses, cybersecurity and its solutions needs to be crucial awareness drive in every organization. Some enterprises, especially in the healthcare and financial sectors, carry sensitive patient or customer information that is a hacker’s prime feeding ground.
Anurag Lal, President & CEO of Infinite Convergence Solutions and NetSfere, says-
“It is essential for leaders to take the proper precautions to ensure their enterprise is not a liability. Proactively setting a plan for a cybersecurity hack will lessen the blow if and when one happens because once you’ve been attacked without a plan in place, it’s too late. Many businesses have faced millions of dollars in fines because they were not compliant with privacy and security standards, put their private information at risk, and resulted in significant hacks.”
Below are some ways businesses can be secure in 2023:
Zero-trust security policies
Zero-trust product vendors will generate marketing messages that might imply positive or negative intent in 2023.
Also Read: Pitfalls of Zero-Trust Security Architecture
Lal says, “Using consumer-grade messaging apps in the workplace is a great way to land yourself in a slew of cyberattacks. Without proper data transfer protection, company IP can be easily accessible by hackers. End-to-end encryption ensures IP protection at every point on the transfer journey. “
Therefore, with zero-trust solutions managing workforce authenticity, businesses can survive when any malicious activity is detected. This messaging software will be more prominent with the evolution of complete end-to-end solutions, which will cover use cases for all types of zero-trust behavior.
Multi-factor Authentication (MFA)
The enterprise cybersecurity in 2023 would see a strong foundation of MFA to ensure that the IT department understands the different levels of encryption at your company.
Lal added- “Different types of encryption protect data to a certain extent, so being aware of how and where your company’s data is encrypted will help in identifying weak points.”
In order to ensure enterprise cybersecurity, businesses must follow the modern data privacy legislations set by various government data protection authorities; buyers will learn what data has been collected from them and for what purpose. In 2023, businesses would require to manage numerous data protection laws focusing more on automating their data privacy approach.
“If business leaders haven’t given their security measures much thought recently, they’re likely outdated and at risk. Systems need to have regular updates and maintenance attention to mitigate any potential threats,” Lal adds.
In 2023, passwordless authentication will be more prevalent, making more applications and operations run by using advanced non-password technologies. Companies are also required to educate their employees frequently and update the staff on cyber-threats and risks.
Lal says, “95% of security breaches are a result of human error. It’s impossible to safeguard against all phishing scams or malware downloads employees might click on, but it is the responsibility of the executive team to have plans in place for educating the staff and reducing these risks. “
In 2023, ransomware campaigns would need resources that will impact the state-sponsored back. This will increase cybersecurity opportunities in resources and targets, state-sponsored ransomware.
As cloud cybersecurity is in the limelight, it is evolving into predictive and inventive security to handle cybercriminals. Predictive security is helping businesses by alerting them about upcoming risks and attackers’ moves.
In 2023, the business cybersecurity risks will also expand in tandem with their ongoing digital transformation. Hence, mobile devices would be the attack vectors to the lookout with the rise in digitalization.