Security

How Long Can We Blame Our Cybersecurity Failures On Rapid Proliferation of Technology?

We know by now that connected devices create a cybersecurity risk, yet we continue to connect devices. Big IoT hacks are widely reported, but we still demand smart buildings. Survey after survey shows that executives see cyberattacks as the biggest issue for the IoT, yet the same surveys show that the vast majority of companies will invest heavily in the IoT regardless. We know that cyberattacks can lead to massive financial and reputational damage, but we still purchase and integrate vulnerable technology. The obvious conclusion to draw from these truths is that cybersecurity is not that important, at least not to purchasing decisions. “Before the IoT revolution, most buildings’ systems tended to be self-contained and therefore safe from hackers. This began to change with the introduction of remote management via permanently connected smart sensors,” says Nick Morgan, information security manager at property investor Derwent London. “In the past, it was an afterthought. You get Norton […]

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