Cybersecurity Trends: What Will this year Bring? $10 Billion in Impact Predicted!

Cybersecurity Trends: $10B Impact Predicted for this year
Amit Founder & COO cisin.com
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New solutions are required in IT security as the "new normal." In the future, many employees will work remotely.

However, this increases the vulnerability to cyberattacks and the potential for data protection breaches. Companies and institutions must rethink their data protection and identity management strategies in 2023.


Home Office: The Standard Authentication Tools

Home Office: The Standard Authentication Tools

 

Identity verification tools were initially designed to allow consumers to access online accounts securely. However, they are quickly gaining popularity for assisting remote workers.

Advanced authentication tools enable employees to access company resources and networks using secure identification methods securely. In the following year, IT security teams will be central to the planning and implementation of these solutions. They will become an integral part of every business model of the future.


Make More Investments In It Efficiency And Security

Make More Investments In It Efficiency And Security

 

Executives will seek greater efficiency due to the increased operational stress placed on their IT infrastructure during the pandemic.

This will encourage them to adopt cloud service platforms and security infrastructures like PKI. This was only true for larger companies in the past. Companies of all sizes, from small businesses to large corporations, will invest in IT security and efficiency.

The challenge with redesigning network security, access management, and data protection is to make employees more productive rather than hindering.

It is anticipated that IT security will be a top priority for all relevant organizations and technology partners after the ransomware attacks and data breaches inflicted on the global healthcare system in 2021.

Like the financial sector's supply chain security, the healthcare sector will strengthen it and support it with digital certificates for secure signs, encryption, authentication, and other functions.


Rise Of Digital Identities

Rise Of Digital Identities

 

In the future, personal data like name, employer, and ID numbers will be linked directly to each person. This will create a new level of security in all areas of life.

Digital identities will be the new standard in security protocols in 2023. They can verify participants in online meetings and authenticate individual access to secure networks. Digital credentials will lead to an increase in digital security for collaborative tools and platforms.


Remote Healthcare As A Supplement To Traditional Care Methods

Remote Healthcare As A Supplement To Traditional Care Methods

 

Digital healthcare, like the shift to teleworking, will be an ongoing trend driven mainly by convenience, cost, scalability, and security.

In many areas, it will also reflect demographic trends. In the long term, health apps, virtual doctor visits, and connected devices will likely replace traditional personal treatments.

After long criticisms that healthcare providers were slow, we are now witnessing a new age of medical care.


  1. Digitization Of Healthcare Providers

Further digitalization is expected in the healthcare sector as treatment methods become more decentralized. This includes the verification of identities to allow remote patients to be onboarded, dispensing medication and prescribing the correct dosage (via TrustedX), and digital authentication for medical staff.

Patients will expect the same efficiency and convenience as healthcare providers in an era of rapid digitization.

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Conclusion

The digital and physical worlds will continue to merge until it becomes impossible to tell where one ends and where the other begins.

To navigate this new reality, we will need a digital identity that is trustworthy and reliable. More than one proof of identity will be required for work, mobile banking, travel, etc. The future will see a single trusted digital citizen identity that is easily accessible in all areas.

That future will begin in 2023.