Cybersecurity is a very real problem and a very legitimate concern for businesses. After all, 2022 saw over 4000 data breaches that were acknowledged.
Given that businesses have a vested interest in keeping that kind of information quiet, the number is probably much higher.
Of course, it’s even worse than that. With large companies investing big money in their cybersecurity, SMBs are now more likely targets for cybercrime.
If you’re a business owner looking to prepare for the coming year, keep reading for three cybersecurity trends that will prove big in 2023.
1. Data Breaches
Like it or not, data breaches will remain a key cybersecurity concern for businesses. They pose a serious threat not only to your customers but to the very survival of your business.
Estimates suggest that around 60 percent of businesses go under following a data breach.
Unfortunately, there is no silver bullet method for avoiding data breaches because they can stem from many sources. A few things you can do include:
- Changing passwords on a regular basis
- Updating software to get security patches
- Using good access control with data
While these won’t completely immunize you from data breaches, they will take several big steps toward securing your data.
2. Increased Regulation
With so many cyber threats in the world, you should expect to see more data protection regulations come down the pike. In the US, many state governments either have new regulations on the books or have bills in their state legislatures dealing specifically with cybersecurity.
For businesses that sell to customers out of the country, you should keep a close eye on what kinds of cybersecurity laws pass in those countries as well. While you may operate in the US, there is a good chance that your business will still be subject to those laws.
3. Outsourcing
SMBs are at a distinct disadvantage when it comes to cybersecurity. They can’t match the budgets of big companies when it comes to cybersecurity infrastructure or staff. That leaves them either under-protected or scraping the bottom of the barrel for professional cybersecurity tips and advice.
In the face of those hurdles, small businesses will likely turn to third-party cybersecurity services. The good news is that many IT companies provide fairly robust cybersecurity options as part of their managed IT services packages.
These kinds of third-party services let smaller businesses bridge the gap in areas like network security and data security.
Cybersecurity Trends and You
While the cybersecurity trends listed above aren’t the only trends you should know about, they are three of the biggest trends in cybersecurity.
Data breaches will continue to dominate the discussion because of their frequency.
Governments are under a lot of pressure to protect people’s data and privacy. So, it’s not only possible but likely that new cybersecurity regulations will arrive sooner than later.
Outsourcing cybersecurity needs will become an increasingly popular option with SMBs to help them keep pace with larger businesses.
Envision IT Services offers cybersecurity solutions for businesses. For more information, please contact Envision IT Services today.