1. Increased use of AI and ML in cyberattacks
Artificial intelligence (AI) and machine learning (ML) are becoming increasingly sophisticated and widely used, and this is also true in the world of cybersecurity. Cybercriminals are using AI and ML to develop new attack vectors, automate tasks, and evade detection. For example, AI-powered phishing attacks are becoming more targeted and effective, and ML-based malware is becoming more difficult to detect and remove.
2. The rise of ransomware-as-a-service (RaaS)
RaaS is a business model where cybercriminals provide ransomware and other malware to other criminals for a fee. This makes it easier for less skilled criminals to launch ransomware attacks, and it has led to a significant increase in the number of ransomware attacks in recent years. In 2022, the average ransomware payment was $812,360, up from $312,493 in 2021.
3. The growing threat of supply chain attacks
Supply chain attacks are attacks that target an organization’s suppliers or other third-party partners in order to gain access to the organization’s systems and data. Supply chain attacks are becoming increasingly common and sophisticated, and they pose a serious threat to all organizations. For example, in 2021, the SolarWinds supply chain attack compromised the software of over 18,000 organizations, including government agencies and Fortune 500 companies.
4. The increasing use of deepfakes and disinformation
Deepfakes are synthetic media in which a person in an existing image or video is replaced with someone else’s likeness. Disinformation is the spread of false or misleading information. Cybercriminals are using deepfakes and disinformation to launch social engineering attacks and to spread malware. For example, in 2022, cybercriminals used deepfakes of cryptocurrency CEOs to impersonate them and promote fake investment opportunities.
5. The growing attack surface of the cloud and IoT
More and more organizations are moving their data and applications to the cloud, and the Internet of Things (IoT) is also growing rapidly. This is expanding the attack surface for cybercriminals. For example, cloud jacking attacks are becoming more common, and IoT devices are often poorly secured and can be used as botnet nodes.
Industry Statistics at a Glance
The global cybersecurity market is expected to reach $315 billion in 2028, at a CAGR of 11% during the forecast period of 2023-2028. (Source: Market Analysis)
The cost of cybercrime is expected to reach $9.5 trillion annually by 2025. (Source: Market Research Media)
65% of organizations have experienced a ransomware attack in the past year. (Source: Sophos)
93% of supply chain attacks are successful. (Source: IBM)
98% of deepfakes are undetected by humans. (Source: Gartner)
76% of organizations believe that their cloud security posture is inadequate. (Source: Symantec)
53% of IoT devices have at least one critical vulnerability. (Source: Forescout)
The cybersecurity landscape is constantly evolving, and new threats are emerging all the time. Organizations need to be aware of the latest trends and to take steps to protect themselves from these threats. This includes investing in cybersecurity solutions, training employees on cybersecurity best practices, and having a plan in place to respond to cyberattacks.