5 Cybersecurity Trends for 2023 Every Business Owner Should Know

5 Cybersecurity Trends for 2023 Every Business Owner Should Know

#1: Risk Assessment Requirements

For years, IT providers have talked about the necessity of a business risk assessment. Now, cyber insurance is pushing the ball forward. If businesses want to get paid for a claim or reduce their cyber insurance premiums, they must provide evidence they’re doing everything right. This comes in the form of a business risk assessment. 

To-Do: Go ahead and book that yearly business risk assessment.

#2: Need for a Cybersecurity Partner

The number of cyber threats have been increasing year over year. Along with the rise in numbers, hackers are becoming more and more advanced in their methods. From impersonating C-level executives to infiltrating software vulnerabilities, the protections needed to stop these vicious attacks are too complex for a business to manage entirely in-house. 

In 2023, more businesses will look to an outside cybersecurity firm with a vCIO as they have the resources, tools and knowledge to successfully shield against data breaches.

To-Do: Find a trustworthy cybersecurity firm to outsource your cybersecurity and compliance services. 

#3: Increased Compliance Regulations 

Federal and state governments are stepping up their game when it comes to keeping citizens’ sensitive information confidential. Not only do certain industries already have regulations in place like healthcare and finance, but now all businesses will share some sort of responsibility.

To-Do: Look into compliance to make sure your organization is doing its part in protecting people’s information. 

#4: New Remote Working Strategy

Since the pandemic, the world hasn’t fully returned to the office. Many companies are still allowing employees to work remotely and will continue to in the future. Right now, the available remote technology like VPNs may not be enough to handle scalability demands or defend against cyber threats. Throughout the year, organizations will switch to a Zero-trust strategy which requires extra authentication constantly. 

To-Do: Ensure your remote workers are protected using the Zero-trust approach.

#5: Trusted Third-Party 

In 2022, some of the top data breaches occurred due to third-party applications. Hackers were able to infiltrate that application to get to another organization’s data. Unfortunately, not all businesses have (or require) the same level of cybersecurity protection which puts many companies at risk. 

Businesses will start to require more from third-party vendors including business associate questionnaires, evidence of an advanced cybersecurity strategy and round-the-clock monitoring for threats. For third-parties who don’t meet these requirements, they can expect to lose quite a bit of business. It’s only a matter of time.

To-Do: Whether you are the third-party vendor or you are working with a third-party vendor, you need to make sure security standards are up to par. 

How Can Krantz Secure Technologies Help?

Krantz Secure Technologies is one of NYC’s premier business IT and security services providers with a huge focus on compliance. For the last 40 years, they’ve helped many small to mid-sized companies with their IT, cybersecurity and compliance needs. 

Contact us today!

Phone: 212-286-0325



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