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Tuesday, February 7, 2023

Metaverse, 5G adoption likely to increase threats

A surge in 5G, cloud and metaverse adoption is likely to open the door to more disruptive threats from cybercriminals this year, says cybersecurity firm Palo Alto Networks.

A global cybersecurity survey by Palo Alto Networks found 96% of 1,300 organisation leaders said they experienced at least one breach or incident in the past year.

Some 22% of respondents said their cybersecurity budgets will increase more than 10% in 2023, according to the “What’s Next in Cyber” survey. The top three funding areas are data, cloud and Internet of Things (IoT) security.

Tatchapol Poshyanonda, Palo Alto Networks’ country director for Thailand and Indochina, said hackers are looking at countries’ critical digital infrastructure, with evidence found in many cases of ransomware and personal data leaks through public health and digital platforms.

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