Source: National Cyber Security – Produced By Gregory Evans
The Internet of Things (IoT) is heralded as the next disruptive technology to transform the economy, business and consumer lifestyles alike. However, as cybercrime becomes a national issue, IoT presents the biggest opportunities yet for sophisticated hackers to capitilise on vulnerabilities and breach the network. Cisco predicts there will be as many as 25 billion connected devices by the end of the year, a figure that they suggest will double to 50 billion over the next five years. Further, Gartner predicts that the typical home in developed countries will contain several hundred connected devices by 2020. As disparate technologies interconnect to generate meaningful insights in real-time, both consumers and business decision makers will be able to make faster, more informed and better decisions. Businesses that adopt data centric strategies will be able to analyse all manner of fragmented data generated through these devices to improve their service offerings, tailor products and services, effect highly targeting and reduce waste. However, with a predicted 25 billion devices connected to this internet this year – and that figure predicted to rise exponentially – IoT presents significant security challenges in the wake of the proliferation of cybercrime. In an interview with InfoRisk Today, OpenDNS’s […]
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