CONCLUSION

As we navigate our way through a new year, it is important to re-evaluate the cybersecurity processes you have in place to ensure they stand up against the emerging threats outlined by our experts in this report.
There will undoubtedly be an increase in ideological motivated attacks in response to geopolitical conflicts as seen between Russian and Ukraine. Known threats such as ransomware will continue to evolve, and new vulnerabilities will be exploited, especially given the huge leaps made in generative AI, making it easier for malicious actors to craft attacks, leading to newer strains of cyberattack modes and breaches. Governments worldwide will tighten up regulations around cybercrime to protect their citizens, and organizations will have to consolidate and automate their IT and security infrastructure to plug the cyber skills gap, which is set to grow even wider this year.
While we are seeing a rise in cyberattacks overall, given the growth of 5ͭ ͪ Generation cyberattacks in the last year, the maturing of cyber defense solutions today means that organisations and the wider society can adopt prevention-first solutions to block threats from ever reaching us. Businesses and governments are addressing today’s sophisticated threats and increasing investment in their security strategies, which bodes well as the world faces even greater challenges, with the upcoming recession and expected evolution of new malicious software and nefarious practices. Only time will tell how this upward of attacks will continue in 2023.