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As the world of technology continues to evolve, there’s no getting away from cyber security as a serious topic of concern for businesses. When you’re running your own business, trying to keep on top off all things IT, especially to keep up-to-date with the latest trends and best practices, can be a difficult task. Below, we delve into the five key cyber security trends that we believe should be on your radar in 2023.

Cloud Security

Cloud Computing continues to grow and the security around cloud services should be high on your list as a business owner/manager. The growing number of companies making the transition to remote working has increased the dependency on cloud-based infrastructure. Businesses must place a strong focus on protecting their data as they store more sensitive information in the cloud and as they move towards a hybrid-working setup. There are some simple steps that you can take (for example a combination of security measures such as two-factor authentication, encryption and regular security audits) that will help you to improve security across the business.

Artificial Intelligence and Machine Learning

In the battle against cyber-attacks, artificial intelligence (AI) and machine learning (ML) are becoming increasingly important tools. Technologies like these are utilised to analyse large sums of data, predict potential attacks and to identify patterns. Such technologies enable security teams to quickly  respond to threats in an efficient manner, even as they evolve and change. However, on the flip side of this, the hackers may also use AI to help put together more credible social engineering ploys in an attempt to gain access to businesses network. Training your team in cyber security and looking at cyber security insurance should be key considerations for owner/managers in 2023.

Internet of Things (IoT) Security

As the Internet of Things (IoT) becomes more widespread in businesses, it will be of upmost importance to secure devices. IoT devices can often lack basic security features such as encryption or firewalls. This puts IoT devices in a vulnerable position to hacking. Businesses will need to invest in security solutions which are specifically designed to protect IoT devices, especially when they might have staff now working from home or hybrid working arrangements are in place.

Supply Chain Security

As attacks targeting third-party vendors become more common, supply chain security is becoming an increasingly important concern. Businesses will need to ensure that their suppliers and partners are properly securing their networks and data, and that they are taking steps to protect against attacks such as malware and phishing.

Biometrics

For authentication and action control purposes, biometrics like facial recognition and fingerprint scanning are becoming quite popular. As users adopt these technologies and they become more advanced, they will play a key role in cyber security. Biometrics can be used to identify and track cyber-attacks as well as helping to prevent unauthorized access to sensitive data and networks. Cyber security is not going away and should remain on the radar for all businesses as we start 2023. Business owners/managers must keep their finger on the pulse in terms of staying up-to-date with current trends and best practices. Investing in security technologies, training employees, reviewing security protocols and being aware of the latest threats are all necessary protocols to keep data and networks safe. At BITS we are well positioned to work with businesses to help them understand where they currently stand in terms of their IT security posture and to put a plan in place to improve that posture and ultimately protect their business. Contact us for more information or to book a free first meeting.