It's time to reflect on the significant developments in cybersecurity over the past year. 2023 has been marked by both a continuous escalation of cyber threats, as well as innovation and improvements in cybersecurity technology.
Specifically, there have been notable advancements in Cloud Security, modernization of Privileged Access Security, an authentication evolution with Passkeys, and improved API Security.
Here's my 2023 year in review:
Ransomware's continued path of disruption
Ransomware continued to evolve into a persistent and highly disruptive cyber threat, causing chaos and widespread damage across the digital landscape.
Despite significant efforts to combat this menace, the year 2023 saw ransomware attacks escalate, affecting individuals, businesses, and even critical infrastructure. Ransomware remains a significant threat, and the evolving tactics employed by cybercriminals have resulted in major organizations falling victim, costing them tens of millions of dollars.
Some governments have stepped up efforts to crack down on ransomware gangs, leading to arrests and prosecutions. Unfortunately, some governments still provide safe havens for cybercriminals to operate beyond the reach of authorities.