23 online security and privacy trends to look for in 2023

Ali Qamar Last updated: January 17, 2023 Read time: 39 minutes Disclosure

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Sneak peek at security and privacy trends

Understanding internet privacy today is much more important than ever, given the exponential increase in cybersecurity and data breaches. Every online service you use is exposed to hacking, and your personal information is almost always at stake. Thus, to give you a head start for implementing appropriate online privacy while staying abreast with the latest tech developments, here we list the top privacy trends for you to consider this year.

With technological advances and as more personal and professional activities occur over the internet, online security and privacy have become crucial. In the coming years, we expect heightened awareness of data breaches, more privacy regulations, and improved privacy in data collection and use, among other online privacy and security trends.

In the recent past, the recurrent events of security breaches, data abuses by businesses, and government surveillance created mainstream interest in digital privacy. Eventually, it also attracted much attention from online threat actors.

So, expectedly, large corporations, financial institutions, and government agencies will be major targets for cyberattacks from 2023 onward. Also, cybercriminals are becoming increasingly interested in personal data readily available on most platforms, especially social media sites.

Further, the dwindling economy will drive cybercriminal creativity leading to new innovations to common digital crimes, including attacks to disrupt the accessibility of basic amenities such as water, electricity, gas, or the world wide web. This article delves deeper into trends in online security and privacy in 2023 and beyond.

An estimate of data protection and privacy market volume

According to Gartner’s forecast, global spending on cybersecurity and technology risk management will rise by 11.3% to $188.3 billion in 2023 (details in the table below), primarily due to three factors:

  • As remote work becomes popular, businesses seek methods to provide safe home-based work environments.
  • Shift to a zero-trust network access paradigm, partly due to more people working remotely and limited VPN protection.
  • Switch to cloud models, where managing the infrastructure gets simpler for businesses.

It’s estimated that by 2023, data security will grow by 14.2%, data privacy by 16.9%, and a combined volume spending of $5,474 million. Following the increasing growth rates in cloud security and application security, the cybersecurity market is undoubtedly expanding at the highest rate.

Table: Global end-user spending (in USD) on information security and risk management between 2021 and 2023

Market segment  2021 Spending (millions)  2021 Growth (%)  2022 Spending (millions) 2022 Growth (%)  2023 Spending (millions) 2023 Growth (%)
Application security  $4,963 20.8% $6,018 21.3% $7,503 24.7%
Cloud Security  $4,323 36.3% $5,276 22.0% $6,688 26.8%
Data security $3,193 6.0% $3,500 9.6% $3,997 14.2%
Data privacy  $1,140 14.2% $1,264 10.8% $1,477 16.9%
Identity access management  $15,865 22.3% $18,019 13.6% $20,746 15.1%
Infrastructure protection  $24,109 22.5% $27,408 13.7% $31,810 16.1%
Integrated risk management  $5,647 15.4% $6,221 10.1% $7,034 13.1%
Network security equipment  $17,558 12.3% $19,076 8.6% $20,936 9.7%
Additional information security software $1,767 26.2% $2,032 15.0% $2,305 13.4%
Security services $71,081 9.2% $71,684 0.8% $76,468 6.7%
Consumer security software  $8,103 13.7% $8,659 6.9% $9,374 8.3%
Totals  $157,749.7 14.3% $169,156.2 7.2% $188,336.2 11.3%
Source: Gartner

Furthermore, the International Data Corporation (IDC) forecasts that the European market will see an estimated 9.4% annual growth, hitting over $66 billion by 2026. The Czech Republic is predicted to have the highest growth in cybersecurity spending in the next three years, followed closely by Belgium, France, Germany, and Switzerland.

Similarly, expanding remote working and high dependence on cloud computing models have supposedly increased the vulnerability to attack surfaces. As such, the Public Administration sector will likely expand the most for the following reasons:

1. Cloud workload protection

As more public administration services move to the cloud, the need for cloud protection will likely increase in this sector to ensure the confidentiality and integrity of the data and systems in use.

Businesses and individuals with expertise in cloud security may see opportunities to provide services and solutions in this area.

2. Data security

Data security encompasses efforts to protect sensitive information from unauthorized access, use, disclosure, disruption, modification, or destruction. Private data includes personal identification numbers, addresses, phone numbers, health records, location, financial data, and other classified information. 

Data security will be crucial for maintaining trust and confidence in government institutions and protecting citizens’ privacy.

3. Securing collaboration platforms 

Remote work and collaboration in the public administration sector are likely to become more prevalent. Consequently, securing the platforms used for communication and information sharing will be crucial.