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Device manufacturers need to rethink how to lock down IoT

SC Magazine

billion IoT devices expected to hit the market globally by 2025. A recent Microsoft Security Signals survey found that just 29% of companies have any budget allocated to protect firmware at all. The Security Signals research said that attacks on firmware increased five-fold in four years. Threat actors have noticed.

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Why Businesses Can’t Afford Anything Less Than Zero Trust in IoT

Security Boulevard

A snapshot of those concerns reveal: Nearly half of CIOs see breaches as their biggest organizational risk. 39% see malware and ransomware as their biggest risk. Gartner predicts that by 2025, 99% of cloud security failures will be the customer’s fault. Secure Firmware Updates Are a Necessity for Resilient IoT Deployments.

IoT 98
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IoT Devices and HIPAA Compliance: 6 Things Healthcare Orgs Must Know

SecureWorld News

But I'm also very concerned about the associated security and privacy risks that IoT products inherently bring to those using them when controls do not exist or are not used to mitigate the risks. When risks are not considered and are not known, security incidents and privacy breaches will occur. in 2020 to $188.2B

IoT 66
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Cloud Security: The Shared Responsibility Model

eSecurity Planet

However, ultimately the customer will hold the full risk and responsibility for proper implementation of their security obligations. Drivers, Firmware, Software : Cloud providers bear responsibility to secure, test, and update the software and code that supports the firmware and the basic software infrastructure of the cloud.

Backups 124
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The Internet of Things Is Everywhere. Are You Secure?

Security Boulevard

According to Gartner research , 35 billion devices will be connected to the internet in 2021, and that number will more than double in the next few years to reach 75 billion connected devices by 2025. Staying current with firmware patches and updates is also key to enabling robust security. . Don’t Forget the Application Layer.

Internet 137
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IoT Cybersecurity: 5 Major Vulnerabilities and How to Tackle Them

Security Affairs

The market surpassed $100 billion in revenue, and it’s revenue for the 2025 projections tell us that it will hit $1.5 However, if you know where the dangers lurk, there is a way to minimize the cybersecurity risks. If you take a look at the global market for IoT, you can easily spot the trend. The Threat is Definitely Real.

IoT 134
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Veracode and Finite State Partner to Address Connected Device Security

Veracode Security

The result is a swell of highly sophisticated and complex devices; by 2025, the number of connected devices is expected to hit 55.7 Complex and opaque supply chains make it difficult to assess risk. Greater use of open source presents heightened license risk and compliance adherence. t be putting their networks at risk.