• In Q3 2022, there were 70% more data breaches worldwide than the previous quarter. Cybercrime expenditures are expected to reach $10.5 trillion by 2025 as the trend continues.
• The largest information security risks for firms in 2023, according to specialists at DataGuard, will come from cloud breaches caused by inappropriate configurations, data sharing, and compromised credentials, as well as a lack of funding for SME businesses.
• Increasing cyberattacks, problems with BYOD, and remote working continue to top the list.
• Increased cybersecurity under the new EU NIS2 Directive: Businesses should get ready for a UK-modified version as the UK Government is now evaluating its effectiveness.
• ISO 27001 continues to be a crucial prerequisite for effective information security procedures.

The 2023 Trend Report for Information Security from Compliance Software as a Service provider DataGuard examines the rise in cybercrime, the significance of ISO 27001 or Policy-as-Code for long-term business safety and success, and the introduction of the new NIS2 Cybersecurity Directive and its effects on UK businesses.

“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.”

Emrick Etheridge, Author of the report and certified ISO 27001 Lead Auditor and Information Security Consultant 

Rapid technology breakthroughs like virtual reality, artificial intelligence, and autonomous driving offer both hazards and opportunities for businesses. Information security is an ever-evolving industry with new vulnerabilities and frameworks developing frequently. In order to assist organisations in developing their information security strategy for 2023 and mitigating risks, the DataGuard report examines emerging technologies and guidelines.

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