Security News
As the automotive industry rapidly evolves and cars become smarter, cybercriminals are becoming more sophisticated too, constantly finding new ways to compromise connected vehicles. To select a suitable automotive IoT security solution, you need to think about a variety of factors.
The overall security in IoT market will reach $52.3 billion globally by 2026, while distributed denial of service protection for IoT systems will reach $1.58 globally by 2026, a ResearchAndMarkets report reveals. Other report findings Driven largely by commercial retrofits, IoT security in smart buildings will reach $4.55 globally by 2026.
The state of the big data in IoT market The overall global market for big data in IoT will reach $50.9 billion by 2026. Data analytics is the largest segment by product and service in the big data IoT market.
Newly surfaced malware that is difficult to detect and written in Google's open-source programming language has the potential to exploit millions of routers and IoT devices, researchers have found. This feature may be the reason why it's caught on with malware developers in the last few years, since it also makes it easier for attackers to spread malware on multiple operating systems, Caspi wrote.
The new BotenaGo malware botnet has been discovered using over thirty exploits to attack millions of routers and IoT devices. CVE-2020-8958: Guangzhou 1GE ONU. Researchers at AT&T who analyzed the new botnet found that it targets millions of devices with functions that exploit the above flaws.
Forrester has released a set of five predictions for the IoT, edge computing and networking markets in 2022 that are based on "Specific, observable changes" to those industries. "In 2022, demand for sustainability-related services powered by edge and IoT will grow for energy efficiency and resource management," Forrester said.
For network administrators it is no longer only about protecting laptops and PCs, but rather about managing a network comprised of a colorful palette of connected hardware including mobile and low-cost IoT devices. How can you possibly keep your network secure when every device plays by its own rules? The answer is simple: TRUST NO ONE!
According to a survey of IT decision-makers by Palo Alto Networks, 78% of respondents reported an increase in non-business IoT devices on corporate networks in the last year. For the second year, survey responses warn of needed security changes to protect corporate networks from non-business IoT devices.
Increasing numbers of "Non-business" Internet of Things devices are showing up inside corporate networks, Palo Alto Networks has warned, saying that smart lightbulbs and internet-connected pet feeders may not feature in organisations' threat models. According to Greg Day, VP and CSO EMEA of the US-based enterprise networking firm: "When you consider that the security controls in consumer IoT devices are minimal, so as not to increase the price, the lack of visibility coupled with increased remote working could lead to serious cybersecurity incidents."
Investment in IoT is set to overtake cloud computing, next generation security, big data analytics and other digital transformation technologies in the near future, according to Inmarsat. IoT has reached a high level of maturity across most organizations, with businesses across all industry sectors now planning to spend an average of $2.8 million on their IoT investments through to 2024.