CHECK POINT HIGHLIGHTS PROJECTED CYBERATTACKS ON TOP ORGANIZATIONS WORLDWIDE

Cybersecurity solutions provider, Check Point Software Technologies Ltd, is making projections of key cybersecurity threats that governments and large corporations would encounter within 2023.

The company says their checks have found an increase of nearly thirty percent in cyberattacks on various industries within the third quarter of this year compared to 2021. Based on this, they are projecting more consistent attacks all over the world, especially from ransomwares and hackitivism regarding conflicts overseas.

Furthermore, an increase in the cyber workforce, currently pegged at 3.4 million, has the tendency of causing problems for security in organizations, and could cause governments to bring up novel, effective laws to shield its citizens from these threats. Check Point further explains that threat actors have used hybrid working and the continued impact off the Russian-Ukraine conflict to their advantage.

“Organizations need to consolidate and automate their security infrastructure to enable them to better monitor and manage their attack surfaces and prevent all types of threat with less complexity and less demand on staff resources,” read parts of their media release.

Check Point has categorized these predications under four groups: malware and phishing; hacktivism; emerging government regulations; and security consolidation. Ransomware will continue to grow in every sphere while collaborative platforms remain likely targets of phishing (stealing sensitive information) attempts. Again, there is a projected increase in the use of hackitivism and deepfakes to push a specific political and/ or social agenda.

This will, possibly, lead governments to pass more effective laws on cybersecurity for increased protection. Also, Singapore’s example of an anti cybercrime personnel could be set up as well as guaranteed security from the consumer good industry. On the back of that, security teams within institutions have to “improve their defenses and reduce their workload, to help them stay ahead of threats”.

Early on within the week, the cybersecurity firm released its Global Threat Index report for October, 2022, where it ranked AgentTesla as the most widespread; along with Lokibot and Text4Shell having significant increases in their threat levels.