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The Major Cybercrime Threats In 2023

It is vital that every business owner keeps pace with the latest cybercrime threats. Cybercrime has become a huge threat in the last few years, with attackers taking advantage of the vulnerabilities that remote work can bring and using advanced tactics to cause damage. A cyber attack can harm a business in several ways, and it can be hard to recover from a successful attack, which is why it is important to know about the main threats and how you can stay safe. With this in mind, this article will look at a few of the main cybercrime threats in 2023 and how you can protect yourself.


Phishing has been one of the biggest threats for a number of years and remains a major issue, especially with attackers using tactics that are becoming increasingly difficult to detect. Even those that are aware of phishing threats can sometimes find it hard to spot a malicious email, which is why it is important to provide staff cybersecurity training. In addition to this, you should be using email security solutions that can provide protection against phishing and other email attacks. Over 90% of attacks start with a malicious email, so you need to be using tools that can secure your business email and stop attacks in their tracks.

IoT Attacks

One relatively new form of cybercrime that is growing in prevalence is IoT attacks. These days, most businesses are using IoT, and the technology can be used in all kinds of exciting and innovative ways. While there are many benefits to having interconnected devices, you should be aware that this can create new vulnerabilities for attacks to exploit. A few of the best ways to secure your devices using IoT include disconnecting them when not in use, changing the default router settings, and keeping software and firmware updated at all times.


Ransomware attacks are also a major threat in 2023 and can be a serious issue, with attackers using advanced tactics and asking for significant ransom demands. Typically, this involves hackers gaining access, encrypting sensitive/important data, and then asking for payment in exchange for the decryption key. Of course, there is no guarantee that the decryption key will be given even if payment is made. Therefore, businesses need to protect themselves with the use of high-quality antivirus software, a strong password policy, and the use of external backups.

AI-powered Attacks

Everyone is talking about AI in 2023 and this is because it is starting to be used in all kinds of amazing ways. While there are certainly many benefits to this type of technology, there are just as many concerns and issues. One of the most prominent concerns is the rise of AI-powered cyber attacks, which can automate attacks, speed up attacks and generate more sophisticated attacks. Of course, AI can also play a role in cybersecurity, but businesses must make sure that they have the strongest cybersecurity products in place and keep up to date with the latest threats.

These are some of the biggest cybercrime threats in 2023 that all business owners need to be aware of.

IEMLabs is an ISO 27001:2013 and ISO 9001:2015 certified company, we are also a proud member of EC Council, NASSCOM, Data Security Council of India (DSCI), Indian Chamber of Commerce (ICC), U.S. Chamber of Commerce, and Confederation of Indian Industry (CII). The company was established in 2016 with a vision in mind to provide Cyber Security to the digital world and make them Hack Proof. The question is why are we suddenly talking about Cyber Security and all this stuff? With the development of technology, more and more companies are shifting their business to Digital World which is resulting in the increase in Cyber Crimes.


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