What Cybersecurity Threats Will Businesses Face in 2023?

Blue keyboard with yellow lock and key

Understanding and preparing for the latest cyber threats is a key point in any successful cybersecurity plan. With the digital landscape changing in the blink of an eye, we find more and more business owners who feel lost, unprepared, and even frightened by the threats that might meet them over the horizon. 

From data loss to financial stress, cyberattacks can cripple a business, taking away everything you’ve worked so hard for in a matter of minutes. And this can sound frightening, but being proactive and facing these threats head-on is the secret to endurance. And you don’t have to do it alone. 

As your local managed cybersecurity provider, Weber TC is on the journey with you to cyber resilience. Let’s take a look at the threats this new year will bring and tackle them, together. 

The Current Cyber Threat Landscape 

As technology advances and remote workers continue to be the norm, businesses are becoming more open to cybersecurity threats with their employees as key players in their cybersecurity infrastructure. A shocking 95% of data breaches result from human error, meaning that no matter what cybersecurity solutions you implement, employee cybersecurity education should be at the forefront of your approach. 

Take a look at some of the trends that emerged in the last year:

What to Expect in 2023

We can expect a greater rise in cybersecurity threats for businesses over the next few years. The biggest threats that businesses should be aware of include:

Remote Security Issues

As we previously mentioned, remote working is the “new thing”. However, with the increasing use of personal devices to conduct work, it is essential that cybersecurity professionals ensure that remote networks are secure. This includes enforcing strong passwords and two-factor authentication, as well as encrypting data in order to keep external actors from accessing private information.

If employees are a weak link in the average business’s cybersecurity infrastructure, remote employees pose even more risks (especially when not properly trained). 

Ransomware Attacks

Ransomware is a type of malware that blocks access to data until the cybercriminal receives payment. And even if you pay the ransom, there is no guarantee the hacker will keep their end of the bargain and return your information. Businesses should be aware of these threats and have advanced cybersecurity measures in place to protect them from any malicious actors.

Phishing Scams

Phishing scams are another threat that businesses will face in 2023. Phishing emails attempt to trick users into providing confidential information, such as passwords or bank account details, by appearing as legitimate companies or services. 

Businesses must educate their employees about phishing scams and provide cybersecurity training courses so they can identify potential threats.

Industries at Risk

While all industries are at risk when it comes to cyberattacks, some sectors would be especially aware. The industries that are projected to be significantly affected by cybersecurity threats in 2023 include healthcare, finance, and e-commerce. 

  • The healthcare sector is particularly vulnerable to data breaches as it deals with sensitive patient information. 
  • Financial institutions handle a large amount of confidential customer data, making them a target for cybercriminals. 
  • E-commerce businesses are at risk due to the use of payment systems and personal information stored on their servers.

Partner with Weber TC and Combat the Growing Cybersecurity Threats 

It’s clear that cybersecurity threats are only going to become more prominent as technology continues to evolve and cybercriminals become more advanced. Businesses should not underestimate the potential risks they face and must ensure that they have proper cybersecurity measures in place to protect themselves from malicious actors.

If you’re looking for reliable cybersecurity services, Weber TC can help! Our cybersecurity professionals are experienced in managing cybersecurity threats and have the tools to ensure your small business is protected. Contact us today to learn more about how we can help your business stay secure.