After 40 percent of UK businesses reported data breaches or security incidents in the past year, the government wants to completely “design out” complex cyber risks and attacks. To achieve this and strengthen national infrastructure and consumer security, officials plan to issue an impressive challenge to enterprises across the UK.
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Bandwidth security against rogue IoT botnets could be the next critical investment priority for the telecommunications sector after a report from NOKIA found that 78 percent of network-based malware detection in CSP networks in 2018 is attributed to IoT botnet activity used in DDoS and crypto-mining activity. This is up a staggering 33 percent from two years ago, confirming that malware is here to stay and growing in complexity.
Critical national infrastructures such as the energy sector, public transportation, commercial facilities, government and defense, and medical services, among others, have been under attack in recent years, following a large volume of security vulnerabilities and a lack of encryption.
Cyber attacks, security incidents and breaches initiated through insecure Internet of Things (IoT) devices are on the uptick and most enterprises aren't yet on track to do anything about it, according to several high-profile studies over the last month.
While modern technology makes possible new business models to drive growth and profitability, digital transformation opens your business to more cybersecurity risks, according to a survey by Thales and 451 Research.
As of 2017, a single cyber incident can put a small company out of business, according to new research by Ponemon Institute. The findings confirm Bitdefender’s predictions for 2017 that targeted attacks would increase due to poor security of corporate networks.
While most eyes interested in cybersecurity for the past two weeks have been focused upon (and for good reason) the Equifax breach, the U.S. Food and Drug Administration (FDA) continued its pressure on medical device manufacturers to build security into product design — just as the U.S. Department of Homeland Security warned the medical community of eight vulnerabilities in Smiths medical wireless infusion pumps.
It’s safe to say that the concept of the Internet of Things (IoT) has progressed to the point where a growing number of organizations are exploring the opportunities. What might not be so safe is the IoT itself; security remains one of the biggest concerns and challenges of implementations.
A bill introduced earlier this week in the United States Senate aims to bolster the security of Internet-connected devices by using the vast-purchasing power of the United States Government to enforce a baseline security standard.