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Ransomware to remain number one public enemy in 2023


Ransomware will remain public enemy number one in terms of cyber security according to new security predictions for 2023 from cyber security company Red Access.

According to the predictions by Red Access, as of 2022 roughly 68% of all global organizations have fallen victim to at least one ransomware infection. Sadly, that figure will continue to rise in 2023, as ransomware grows even more widespread.


Red Access co-founder and CTO Tal Dery said, "The commodification of offensive hacking tools (sold primarily on the dark web) has dramatically reduced the barriers to entry into the ransomware business and the promise of million-dollar paydays has encouraged new entrants in droves.


He said, “In 2023, watch out for the continued growth of double-extortion tactics, in which threat actors both encrypt and exfiltrate sensitive data, which they then sell for a second payday."


The predictions said deepfakes will grow more sophisticated and widespread in 2023. Deepfake technology has made significant ripples in the cultural consciousness over the past year or two and they will continue to blur our perception of reality in 2023, as AI and machine learning tools make them both easier to develop and more difficult to detect.


Mr. Dery said, "Cyber attacks that target identity will become much more powerful as deepfake video impersonations of targets are used to gain trust and access to sensitive accounts. We can also expect to see them used in cases of economic and political sabotage, in which videos depicting prominent business and political figures saying or doing harmful things are disseminated – presumably simply to watch the world burn.


He said, "For the average enterprise employee today, the web browser functions more like a central operating system than just another application serving as their primary gateway to the digital world of work.


"As such, organizations are beginning to recognize the urgent need to secure and manage this layer in a more comprehensive fashion. "In 2023, we will see browsing security and management go from a secondary consideration to a central concern and point of security for organizations both large and small."



Source: asiainsurancereview.com

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