Some of the major cyber security challenges in 2023 are ransomware, hacking of cloud service vendors, and wiper malware. During ransomware attacks, bad actors obtain or encrypt sensitive information. The victims are urged to pay a ransom to regain access to locked files and prevent criminals from leaking or selling private user data.
In the case of third-party cloud hacking, hackers get the personally identifiable information of businesses that use cloud services. Attacking the cloud vendor can compromise the sensitive documents of any company that relies on its cloud-powered solutions.
