Each time you log into your bank account or your work accounts, you use your credentials to access the system and your data. If your credentials were to fall into the wrong hands, criminals could easily access some of your and your employer’s most sensitive data.

As a company that offers cybersecurity in Miami, we’re often asked what the year ahead holds for cyberthreats. While we can never be 100% certain of what the future holds, we do have a few predictions for our 2023 cyberthreat outlook.
Threats Will Become More Advanced
Cybercriminals are continually trying to outthink and outwit security experts.

In 2021, the FBI recorded more than 3,700 ransomware attacks, resulting in $49 million in losses. When organizations do pay the ransom, they typically do so in cryptocurrency. In fact, 98% of ransomware payments are made in Bitcoin.

As experts in cybersecurity in Miami, we know first-hand that anyone can become the victim of a ransomware attack.

Cybercrime is projected to cost the world over $10 trillion annually by 2025. With attacks on the rise, every business in Miami – no matter its size – should make cybersecurity awareness a top priority. But for measures to be effective, awareness should start at the top.

Distributed spam distraction (DSD) attacks are on the rise, as cybercriminals are banking on the busyness of the holidays to conduct cyberattacks in plain sight. These attacks aim to bury legitimate email alerts such as password change emails and the like.

A lot of people get a handful of spam in their email inboxes every day. While spam can be a nuisance, it only takes a few minutes to delete or block spam. But if you receive tens of thousands of spam all at the same time, a huge chunk of your time and energy will be wasted on dealing with them — and they might actually be hiding telltale signs that you're being attacked by cybercriminals.