The network of interconnecting devices to exchange data popularly known as the Internet of Things is evolving rapidly in the fast-paced industry of technology. However, advancement in IoT has also taken a toll on security. IoT Systems strive to enhance productivity, efficiency, and flexibility but also invite uncalled risks to the network. IoT Security stands as the need of the hour for secure and holistic development.
Companies with a presence on the internet and widespread networks are increasingly being targeted by malicious code writers. There’s ample evidence to suggest hackers and Advanced Persistent Threat (APT) groups routinely run campaigns trying to snare employees, contractors, etc. to steal data or hold it for ransom. Simply put, cyber threats and cyberattacks are on the rise.
Businesses have known for a long time that there always are weak links in security, especially mobile security. The worse part is not that businesses get affected by these security issues, but the fact that public awareness is terribly low on how vulnerable this can be. The man in the middle attack has been one of the most exploited ways hackers have tried and managed to steal information and money.
According to a seminal Clark School study, a hacker attacks a computer with internet access every 39 seconds. What’s more, almost a third of all Americans have been harmed by a hacker at one point or another, and more than two-thirds of companies have been victims of web-based attacks. A 2020 IBM study showed that the total cost of data breaches worldwide amounted to $3.9 million, which just may sound the death knell for many businesses affected by breaches.
It is imperative for any national security agency to diagnose, identify, and address the possible vulnerabilities within their defence system to avert exploitation of the nation’s security.
In the times when data breaches and cybersecurity incidents have become everyday news, the world requires entities which can enhance thought leadership in the field of cybersecurity. And thankfully, there are some bodies which are exactly working to strengthen the privacy and security culture in the cybersecurity landscape.
One of the most crucial things for the healthcare sector during the ongoing global pandemic, amidst many other competing priorities, is keeping a check on its cybersecurity measures. During the first half of 2020, HHS or the Department of Health and Human Services recorded a 50% increase in cybersecurity breaches in the field of healthcare itself.
Apple loves bragging about how secure their devices are. Not without reason: there are lots of security features you probably use daily, including code autofill, password reuse auditing, Safari built-in privacy, and many more. Same for developers. For example, Apple doesn't release their source code to app developers for security reasons. And the owners of iOS devices can't modify the code on their phones themselves.
