Thursday, 14 December 2017

Ensuring 360° Security

An interview with Stephan Schroeder, Vice President, Internet and Transport, ICSS
Tuesday 03 October 17

If the destruction caused by the recent cyber security incidents is any indication, we should brace ourselves for more sophisticated and frequent cyber attacks. Data of close to 200 million customers of US credit report giant, Equifax, was compromised recently in one of the biggest data breaches. Not too long ago, many users across the globe found themselves locked out of their systems as a result of `WannaCry’ and `NotPetya’ malware attacks.  Our growing dependence on digital infrastructure and easy availability of malware over the Internet is making us more vulnerable to intensive cyber attacks. The future is not encouraging either. The intensity of the attacks is only going to increase as the number of connected devices grows, and the Internet of Things (IoT) becomes pervasive. According to Gartner, 20.4 billion devices are likely to be in use by 2020 and potentially each one of these devices can be a weak link in the chain…

If the destruction caused by the recent cyber security incidents is any indication, we should brace ourselves for more sophisticated and frequent cyber attacks. Data of close to 200 million customers of US credit report giant, Equifax, was compromised recently in one of the biggest data breaches. Not too long ago, many users across the globe found themselves locked out of their systems as a result of `WannaCry’ and `NotPetya’ malware attacks.  Our growing dependence on digital infrastructure and easy availability of malware over the Internet is making us more vulnerable to intensive cyber attacks. The future is not encouraging either. The intensity of the attacks is only going to increase as the number of connected devices grows, and the Internet of Things (IoT) becomes pervasive. According to Gartner, 20.4 billion devices are likely to be in use by 2020 and potentially each one of these devices can be a weak link in the chain…

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