Defending your business from the next wave of cyberwar: IoT Threats

Defending your business from the next wave of cyberwar: IoT Threats

There’s no other word for the destabilisation of another nation through state action other than war — even if it’s done with ones and zeros.

Recent indictments of thirteen Russians and three Russian companies tampering with US elections is a stark reminder. Without hyperbole it is safe to say that we are in the throes of an international cyber war and the damage is spreading massively over the corporate economy. Reports have reached a fever pitch and the costs globally are astronomical. According to Cybersecurity Ventures, damage related to cybercrime in general is projected to hit $6 trillion annually by 2021.

Over the past year, journalists for many news agencies have reported credible studies regarding the epidemic of state sponsored cyber attacks. Wired and The Washington Post among many others have outlined threats that have reached the US energy grid and other elements of US infrastructure. However, the cost to businesses is just as devastating.

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