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Top 10 Emerging Cyber Threats in 2023

graphic man pushing button for emerging cyber threats

Preparing for the New Wave of Digital Danger

As we progress through the digital age, the increase of cyberspace has become a breeding ground for cybercriminals. Every year, new threats emerge, posing major challenges for businesses and individuals alike. Furthermore, the list of emerging cyber threats continues to grow. This year is no different.

Therefore, you must be careful and heighten your alertness and proactive measures. In this article, we will delve into:

1. The definition of a cyberattack.
2. The most pressing emerging cyber threats in 2023
3. Is AI involved in the spreading of cyber attacks, and
4. Outline preventative measures for small and medium-sized businesses (SMBs).

What Is a Cyberattack?

On the negative side, cyberattacks are malicious attempts to gain unauthorized access to computer systems, networks, or data to steal, ransom, or destroy private information. Hackers or attackers are the primary culprits for carrying out cyber attacks. Trust me; they do not have your best interests in mind.

Recent Story of a Cyberattack in 2023

Once upon a time, a mega telecommunications company named T-Mobile discovered that it had a “bad actor” stealing its information. Hackers gained access through a single application. The Securities and Exchange Commission (SEC) spread the word to the unsuspecting victim, informing them of the breach through the API (Application Programming Interface).

Could this happen to you? Emphatically, yes.

2023 emerging cyber threats

 

As I have shown, cyber threats endanger you or your business. This video mentioned a few, but let’s dig deeper. Below is a list of the top cyber threats this year.

  1. Ransomware – The rise of carefully planned ransomware attacks targeting businesses and critical infrastructure
  2. BEC Social Engineering – The growing threat of business email compromise and targeted social engineering campaigns
  3. AI Deployments – The double-edged sword of AI in cybersecurity, as attackers leverage advanced technology for wicked purposes
  4. Cloud Computing – The increased reliance on cloud services and the corresponding rise in cloud-based attacks
  5. Geopolitics – The role of nation-state actors in cyber warfare and the impact on global cybersecurity
  6. QR Code Scams – The rise in QR code scams as a new avenue for cybercriminals to exploit unsuspecting users
  7. ChatGPT Stealer-Extension – The emergence of AI-generated text attacks capable of bypassing traditional security measures
  8. Cryptocurrency Scams – The prevalence of cryptocurrency-related scams, including phishing and fake investment schemes
  9. Phishing – The receipt of malicious emails that entice you to click on links containing malware.
  10. IoT device hacking – With employees working from home and accessing sensitive company platforms and data from multiple devices, hackers have new ways to infiltrate security systems.

However, the list above is only a portion of what you might encounter. By the time you finish reading this article, there could be more. Emerging cyber threats are serious, and hackers are getting smarter. I read in Astra that hacker attacks happen every 39 seconds.

Is AI spreading emerging cyber threats?

With all the talk about artificial intelligence (AI), you may wonder if it spreads cyber threats. Undeniably, AI is a double-edged sword when it comes to cyberattacks. On the one hand, AI is a definite influence in enhancing cybersecurity measures. AI quickly predicts vulnerabilities and processes large volumes of threat data.

In contrast, if individuals or SMBs can use artificial intelligence, so can evil hackers. Cybercriminals also use AI to make their attacks more high-tech and targeted. As a result, this can increase the frequency and effectiveness of cyberattacks, as AI-powered tools and techniques can bypass traditional security measures and tailor propaganda or malicious campaigns to specific audiences. Thus, while AI is providing valuable solutions for defense, it is also contributing to the evolution and potential increase of cyberattacks.

 

graphic with text of how hackers use AI

Preventative measures for SMBs

To clarify, You CAN protect your equipment against emerging cyber threats. To illustrate, you can take preventative measures such as the list below:

  • Train employees in security principles.
  • Implement multi-factor authentication (MFA).
  • Regularly update software and systems.
  • Establish a firm password policy.
  • Limit access to sensitive information.
  • Regularly back up data.
  • Install and maintain firewalls.
  • Use encryption.
  • Create a cybersecurity incident response plan.
  • Monitor and audit your network.

Conclusion

In conclusion, as we navigate the digital age, the onset of emerging cyber threats in 2023 continues to pose significant challenges for individuals and businesses alike. The first thing to remember is you should remain watchful and proactive in adopting robust cybersecurity measures. In summary, this article highlighted several key points.

1. The definition of a cyberattack.
2. The most pressing cybersecurity issues of 2023
3. Is AI involved in the spreading of cyber attacks, and
4. Outline preventative measures for small and medium-sized businesses (SMBs).

Firstly, a cyberattack is an unofficial attempt to gain unapproved access to computer systems, networks, or data to steal, ransom, or destroy private information. Secondly, hackers are constantly seeking weaknesses to exploit.

In light of the recent story of a cyberattack on T-Mobile serves as a reminder that no one is immune to such threats. For example, the breach discovered by the Securities and Exchange Commission reveals the importance of attention and preparedness.

Overview of cybersecurity issues

The first thing to remember is that 2023 is hot in cybersecurity. It would be best if you did not let your guard down. For instance, ransomware attacks targeting individuals, businesses, and critical systems continue to increase. For example, business email compromise (BEC) and social engineering campaigns pose an increasing threat, while artificial intelligence (AI) deployment has become a double-edged sword.

Although AI enhances cybersecurity measures, it also aids cybercriminals in launching more refined and targeted attacks. In addition, cloud computing, geopolitics, QR code scams, AI-generated text attacks, and cryptocurrency-related scams also contribute to nasty emerging cyber threats.

Pam Lokker is an expert B2B SEO content writer, Web3 writer, Overall Editor, and Proofreader. For example, she is adept at writing and polishing press releases, blog posts, articles, and web content. Contact us now!

Resources

Computer-security
COMB Data Leak Massive in Scope Globally

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