This May, the global news headlines announced that a penetrating chain of attacks had taken place. Over the course of just 24 hours, 45,000 cyber-attacks had taken place in 99 countries around the world. The ‘WannaCry’ ransomware attack hit multiple organisations hard, created over 200,000 victims, and even left vital operations having to be cancelled in UK hospitals. There was a time when cyber security and hackers where something reserved only for the Hollywood movies. Today it is a very real and a very threatening reality. Frighteningly the attacks in May are not unique, Ransomware cyber attacks quadrupled to 4,000 per day from 2015 to 2016 and the most recent report from the insurance giants Lloyds of London, estimates the costs of these attacks could reach over $120bn in the coming years, and businesses will need to be ready to cover the bill. The Price to Pay for Speedy Development The Internet of Things has […]