As a decision-maker, discover cyber security predictions for 2023 that can help your organization move forward with growth-led transformations, risk-optimized decisions, balanced strategy adjustments, and general delivery of increased value across your value chain.

In 2023, cyber attacks are expected to increase, resulting in real world harm for organizations and individuals alike, with cumulative costs due to exceed 10 trillion by 2025.

In this article, we bring together the experience of four decorated and distinguished cyber security professionals, advancing your cyber security knowledge and roadmap.

Jonathan Fischbein is the Global Chief Information Security Officer for Check Point Software Technologies. Field CISOs Deryck Mitchelson, Cindi Carter and Pete Nicoletti cover the EMEA and Americas regions for the company.

CISO Jonathan Fischbein

“Cyber security challenges will get worse in 2023. The good thing is that there are now a multiplicity of solutions that address prominent security challenges, and there are easy-to-use management dashboards available that allow security professionals to decrease complexity. However, the industry as a whole is moving to more consolidated security models, a trend that will continue across the next year…” says Fischbein.

“On a different topic, there is a shortage of skilled person-power in cyber security and budgets are not increasing at the speed of attacks. I truly believe that industry may need to foster high school programs to begin training students in their high-school years. Security teams also need to recruit students early in their university years, placing them in security internships.

Today, most security practitioners finish university and then start as entry level employees. However, unfortunately, most organizations want to hire practitioners with 2-4 years of experience. So this is a huge challenge.

In 2023, we need to develop stronger strategies to cultivate, attract, train and employ the next generation of cyber security professionals.”

CISO Deryck Mitchelson

“In 2023, I predict that we will see the skills shortage driving managed services, rather than in-source. I also believe that we will see bigger asks directed towards vendors when it comes to fully managing the reduction of supply chain risks and vulnerabilities.

Another prediction for 2023 is that the threat surface will start to recede slightly. Cloud transformations will slow due to cost and complexity; with many firms considering bringing workloads back in-house, or to private data centers, ultimately reducing the overall threat surface.

Further, as businesses look to remove cost and complexity from the entire digital and security stack, consolidation will become a “real” priority.

Lastly, we will see much more debate around and push for security regulation, especially with critical services as the current carrot and stick approach continues not to work.”

CISO Cindi Carter

“In 2023, I encourage everyone to do better. Do better as a security leader – do better in helping to socialize cyber security within an organization. Do better in terms of the security team being there to support the organization.

A lot of CISOs are rather gun-shy; hesitant to talk to the business about cyber security. Do better in trying to foster that human connection. Do better to expand your knowledge base – about solutions and threats alike.

In 2023, I predict that cyber security leaders will rise to the occasion in sharing the knowledge that they have. Someone may be looking to learn what you already know, so share that as a gift.”

CISO Pete Nicoletti

“Supply chain attacks and breaches will continue accelerating: Most companies do not do a good enough job with managing the risk of the components they are using and don’t have good visibility into their SBOM nor a complete strategy.

We are one year closer to quantum encryption rendering all conventional encryption worthless. Unlike the Y2K hype and fizzle, this affects everyone. New encryption algorithms that are quantum-proof need to get attention now.

Cloud misconfigurations by humans will continue accelerating and the resulting breaches will expose more customer information and cause more disruption.”

Further insights

In 2023, build end-to-end security in order to secure your entire value chain. Strive for cyber security excellence.

Check Point is a leading, global provider of cyber security solutions, driving excellence and innovation in the cyber security domain 24/7/365. Join top companies in owning the best cyber security technology solutions available on the market today – you deserve the best security.

Learn more about Check Point’s cyber security offerings here.