Will 2023 Be a Challenge for Cybersecurity?

Will 2023 Be a Challenge for Cybersecurity?

By Greg Tavarez

The importance of cybersecurity is not exaggerated by any means. Economic uncertainty, the unstable geopolitical landscape and cloud migration all factor into the importance of having a strong cybersecurity posture. With those things casting shadows over cybersecurity, one question comes to mind. What direction does cybersecurity head toward in 2023?

Insights from Venafi’s Kevin Bocek, vice of security strategy and threat intelligence; Matt Barker, president of cloud native solutions; Yana Blachman, threat intelligence specialist; Sitaram Iyer, senior director of cloud native solutions; and Pratik Savla, lead security engineer, give a clearer picture on what to expect for the year ahead.

Russian cyberattacks aim to disrupt the economies of western countries. This is expected as Russia is excluded from the international finance community. The U.S. Treasury is already seeing these attacks in the form of DDoS attacks from Russian hacker group Killnet.

But the disrupted geopolitical landscape does not stop there in relation to cybersecurity risks. Nation state attacks are expected to be more feral as ground war tactics become more untamed and unpredictable. What this does is bring the cyber and physical worlds into a collision course.

“These will have the potential to spill over into other nations, as Russia becomes more daring, trying to win the war by any means – and could be used as a distraction to target other nations with cyberattacks,” said Bocek.

While the economy is the topic, recession plays a vital role in the future of cybercrime. More people who would not normally participate in cybercrimes become desperate in recessions, mainly for income. They can potentially see cybercrime as a source of income in 2023.

“Ransomware-as-a-Service and Malware-as-a-Service will rise, as they enable people that don’t have technical skills to launch attacks,” said Blachman.

Additionally, API security is expected to become a top priority as organizations move to an API-first software development approach. Savla said that this exponential adoption of APIs exacerbates security concerns, with the potential to cause significant security breaches.

On a more positive note, platform engineering teams are on the rise as they build on the learnings of DevOps culture, encompassing every persona needed to build and run IT infrastructure. Efforts to manage the risk posed by software supply chain attacks also are expected to continue with more start-ups and open source tools, like cosign and sigstore.

But, as more innovative cybersecurity solutions come into the fold and knowledge of cloud risk is increased, Blachman issues a warning that breaches that went rogue in the past months or years might show themselves.

So, the message is clear as the alarms ring for everyone:  Caution needs to be taken with cybersecurity in 2023 – more than ever.




Edited by Erik Linask
Get stories like this delivered straight to your inbox. [Free eNews Subscription]

MSPToday Editor

SHARE THIS ARTICLE
Related Articles

Foxit Brings AI to Document Analysis with New Research Agent

By: Erik Linask    7/3/2025

PDF and eSignature solutions provider unveils an intelligent tool designed to transform how users extract actionable insights from dense, complex docu…

Read More

OpenMSP Brings New Profitability to MSPs Driving an Open Source Revolution

By: Erik Linask    7/3/2025

OpenMSP, a community-driven platform seeks to liberate MSPs from unsustainable software licensing costs by leveraging open-source alternatives and AI-…

Read More

TD SYNNEX's Apptium Acquisition a Win for MSPs.

By: Erik Linask    7/3/2025

TD SYNNEX's acquisition of Apptium will simplify complexities of the XaaS, economy, offering MSPs new agility, accelerated time to revenue, and stream…

Read More

Real Estate Forecast 2025: Emerging Developments and Market Shifts

By: Contributing Writer    7/1/2025

Buying or selling property can be challenging. Rising mortgage rates and fluctuating home prices leave many uncertain about their next move. Business …

Read More

Protecting Business Assets with Smarter Security Frameworks

By: Contributing Writer    7/1/2025

Protecting your business is more challenging than ever. Cyber threats are increasing every day. Hackers target small and large businesses alike, searc…

Read More