LOOKING back at 2022 is instructive as you prepare your cybersecurity approach for 2023. It helps guide your security approach and helps prepare employees and systems for the year ahead.

For example, some state-backed attacks focus on stealing intellectual property from technology companies. Other state-based attacks are focused on stealing funds. Knowing this, technology companies need to better protect their IP, while non-tech companies need to implement stronger security policies around financial transfers.

Cyberattacks hit the headlines throughout the year. In February, an attack on CNN Philippines prevented users from following a presidential debate on the company's website. Some 75 percent of organizations in the country experienced some type of cyberattack in 2022, leading to business interruption and data loss. As part of these attacks, we saw a tremendous increase in identity-based attacks such as phishing, and it emerged as a leading threat vector behind major data breaches.

Chinese hackers also made headlines in 2022, but that only tells a small piece of the cyber-aggression in the region. State-backed advanced persistent threat (APT) groups targeted government entities, nonprofits, religious and nongovernmental organizations across Asia Pacific.

Business email compromise (BEC) attacks proved themselves to be more profitable than ransomware, costing organizations over $2.4 billion in 2021 and more than $43 billion since 2013.

We've also seen a rise in collaboration between initial access brokers and the use of traditional malware. This collaboration grants access to a network for reconnaissance, followed by the use of specialized tools to disable EDR protections. This makes it particularly challenging for organizations to stay safe from highly organized attacks.

Top cyberthreats

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