5 Key Cybersecurity Trends in 2023

Let's look at the 5 key cybersecurity trends to look for in 2023.

In 2023, the global annual cost of cyber crime is predicted to top $8 trillion. This seemingly enormous figure might still be a major underestimate. To prepare, we look at the trends happening in cybersecurity.

In 2021, U.S. financial institutions lost nearly $1.2 billion in costs due to ransomware attacks alone. That was a nearly 200% increase over the previous year. If we continue at that rate, next year could see global costs approaching $16 trillion.