Some analysts have predicted that by 2020, there will be 20 billion Internet of Things (IoT) connected devices worldwide, which could grow to over 80 billion by 2025. Sales of IoT devices were $80 billion in 2017, and are predicted to grow to $1.4 trillion by 2021. With the exponential growth of IoT devices, experts … Continue Reading
As more and more companies become victim to data loss through phishing campaigns and insider threats, and the loss of data becomes riskier, companies are struggling to address the risks through employee education efforts. Note that we call it “education” and not “training.” No one likes training, so be mindful of how you are presenting … Continue Reading
California lawmakers have taken the lead in trying to address privacy and security issues with Internet of Things (IoT) devices (which we have been writing about for years), by passing the country’s first IoT security bill, which is now headed to Governor Brown’s desk for signature by September 30. One of the issues addressed by … Continue Reading
The Federal Bureau of Investigation (FBI) released a Public Service Announcement on August 2, 2018 entitled “Cyber Actors Use Internet of Things Devices as Proxies for Anonymity and Pursuit of Malicious Cyber Activities,” which outlines how cyber criminals search for and compromise vulnerable IoT devices “for use as proxies or intermediaries for Internet requests to … Continue Reading
It’s that time of the year again, budget season. A time when organizations set priorities on how to strategically spend their money in 2018. In the information technology (IT) world this can be a daunting task for any CIO. According to Gartner, artificial intelligence (AI), machine learning, and tools such as conversational platforms, digital twins … Continue Reading
We continue to try to alert our clients about the changing threat landscape in cybersecurity. We keep saying how the threats are becoming more and more sophisticated and more and more frequent, and that companies must acknowledge and address the threat as a high priority. Cisco publishes cybersecurity reports that outline the threats to businesses … Continue Reading
Last January, the Federal Trade Commission (FTC) launched the IoT Home Inspector Challenge, a contest that requested participants to come up with a tool that would identify security issues that are caused by out-of-date software in IoT devices to better educate and protect consumers about the security vulnerabilities of IoT devices. To remind you of … Continue Reading
A new survey released by Altman Vilandrie & Company, which surveyed 400 IT personnel who have purchased Internet of Things (IoT) security products, shows that 46 percent of companies that buy IoT security admitted they have experienced an IoT related security intrusion or breach within the last two years, representing hundreds of millions of dollars. … Continue Reading
Last week, Brian Krebs reported that hackers using a malware dubbed “Marai” have identified hundreds of thousands of home and office devices that have weak security. Then the hackers released the malware publicly so anyone can use it and intrude into home and office devices that do not have proper security to thwart the attack … Continue Reading
Hartford Steam Boiler released a study on May 17, 2016, that states that nine out of ten businesses have experienced at least one hacking incident in the past year, which represents a 21 percent increase since 2014. The survey of risk managers showed that 64 percent of risk managers admitted that their organization had experienced more than six … Continue Reading
On September 18, 2015, the National Institute of Standards and Technology (NIST) issued its draft Framework for Cyber-Physical Systems (CPS), which is “intended to provide a methodology for understanding, designing and building CPS including those with multiple applications.” CPS are smart systems that interact between physical and computational components. These interconnected and integrated systems “can … Continue Reading
