Information Security

2023 Information Security Trend Report for Businesses: DataGuard

  • In Q3 2022, the global number of data breaches increased by 70% compared to the previous quarter. The trend continues, with an estimated $10.5 trillion in costs caused by cybercrimes by 2025.
  • According to DataGuard experts, the biggest Information Security threats for businesses in 2023 are a lack of funding in the SME space and cloud breaches from improper configurations, data sharing, and compromised credentials.
  • Increasing cyber-attacks, Bring Your Own Device issues, and remote working keep being at the top of the list.
  • The new EU NIS2 Directive for increased cybersecurity: The UK Government is currently reviewing its effectiveness, and businesses should prepare for a UK-modified version.
  • ISO 27001 keeps being a key requirement for strong information security processes.

Compliance Software-as-a-Service company DataGuard has released its 2023 Trend Report for Information Security, covering the increase in cybercrime, the importance of ISO 27001 or Policy-as-Code for long-term business safety and success, and the introduction of the EU’s new NIS2 Cybersecurity Directive and its impact on UK businesses.

Author of the report and certified ISO 27001 Lead Auditor and Information Security Consultant Emrick Etheridge says: “Information Security is no longer just a technical concern, but a critical aspect of any successful business. With the increasing reliance on technology and the rise of cyber threats, protecting sensitive data has become a fundamental necessity for organisations of all sizes.”

Information Security is an ever-evolving field with new vulnerabilities and frameworks arising regularly, and rapid technological advancements such as virtual reality, AI, and autonomous driving cover both risks and chances for businesses. The DataGuard report looks at new technologies and directives to help organisations build their Information Security roadmap for 2023 and mitigate risks.

Download report:

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