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.