As the curtains close for year 2023, the financial impact of cyberattacks on the global economy is predicted to reach $10.5 trillion. It is imperative for IT managers to be aware of the evolving landscape. Let’s see what will shape the cybersecurity arena in the coming year. From a data-centric perspective, we have identified 7 trends that will be important for data security.

The manufacturing industry has undergone a huge digital transformation in recent years. While these changes have increased productivity, the industry has also experienced new pressures from cybersecurity. In 2022, the industry has been vulnerable to 250 data violation incidents in the United States alone costing nearly 23.9 million USD. More and more industries are finding their intellectual property (IP) at risk as threat actors become more sophisticated.