IoT adoption has been predicted to increase 50 percent in 2016, although it widely varies by industry. While some industries, such as utilities, oil and gas, and manufacturing, are highly responsive in terms of adoption, others don’t even have a plan to implement IoT, Gartner estimates.
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Since nothing that’s being executed in raw memory is encrypted – just scrambled – APTs that try to execute malicious code on a machine will be intercepted by HVI long before they actually compromise the operating system. In fact, as soon as the malicious code, even delivered via zero-day exploit, tries to execute in the VMs memory, the introspection engine will immediately “see” the malicious action and the code that was trying to be executed.
Some of the most beneficial IoT implementations on the market relate to sensors and smart devices designed to reduce operational costs and improve productivity and processes. Perhaps some of the most obvious benefits of IoT solutions apply to industrial systems that have addoped sensors for getting live telemetry from critical systems. However, while IoT solutions can have obvious benefits and bring about significant progress, security concerns should not be dismissed.
Recent cybersecurity incidents have left organizations and companies struggling to implement the necessary resources to minimize IT risks, regardless of how much security budgets have increased. More than 71 percent of organizations fear zero-day attacks and strongly believe they’re the most serious threats, and over 74 percent believe that it’s likely and very likely that their organization will be hit by an APT (Advanced Persistent Threat).
With more than 24 billion Internet of Things (IoT) devices estimated to hit the market by 2020 and spending on IoT solutions over the next five years to reach nearly $6 trillion, organizations cannot afford not to start preparing for adoption.
With cybercriminals making millions – if not billions – of dollars from ransom requests, companies have also been targets of opportunity. While file encrypting ransomware such as CryptoWall have been known to cause financial losses topping $18 million, variants that encrypt the NTFS MFT (Master File Table) – Petya for instance – have been raising concern, as recovery from it involves complete endpoint downtime and significant IT challenges.
SMBs growth by far surpasses enterprise growth, last year reaching a compound annual growth rate (CAGR) of 32% when large enterprises explored opportunities to split. Consequently, entrepreneurs have realized that it’s becoming increasingly difficult to build businesses, and that technologies can be easily incorporated.
Cybersecurity has become a major topic of discussion for businesses and organizations of all sizes, as the number of security incidents has spiked, capturing headlines worldwide.
Data protection regulations from the European Parliament and Council have been set in place to safeguard the individual’s right to control how his personal data is used and prevent companies from getting tangled in a legislative web.
Every organization has faced the dilemma of convenience over security and most have compromised on either one or the other. While the information security triad of integrity, confidentiality and availability has been regarded as the mantra of CSOs, convenience has constantly played an important role in both productivity and operations.
The fear of not having enough privacy has been on many people’s mind for the past couple of years, as internet service providers have started collecting user data to either better their marketing campaigns or provide new services that fit customers’ needs.