2023 will have the first metaverse hack

The new year that will begin in a few weeks will bring new threats that have only just begun to be glimpsed in 2022, such as metaverse hacking, social engineering attacks against multifactor authentication (MFA) systems, or the proliferation of vulnerabilities through coding tools. artificial intelligence (AI).

Insurers have suffered heavy losses since they began offering coverage options against cyber extortion, as their initial strategy of paying ransoms skyrocketed their costs. As a consequence, they began to pass on these higher costs to their clients and have significantly increased the technical security requirements that they demand before insuring them.

But since certain industries are more attractive targets for cybercriminals, and insurers are aware of this, such as Healthcare, Critical Infrastructure, Finance, and Managed Service Providers (MSPs), WatchGuard experts believe they will force them to comply with stricter regulations and bear higher costs.

In their forecasts for 2023, they also point out that some insurers will even adopt “approved security vendor lists”, writing only policies for companies that use security solutions from specific vendors.

On the other hand, and with the increase in attacks on the supply chain, organizations are increasingly concerned about the security of the partners and suppliers with whom they do business, since the lack of security in the ‘software’ or one of them’s ‘hardware’, either due to a product defect or a breach in their own network, introduces a security hole that exposes them to a breach.

Source: dpa

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