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Cisco: Securing the IoT: Processes and People Needed!

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Cisco: Securing the IoT: Processes and People Needed!
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IoT promises to boost corporate profits worldwide by 21 percent by 2022, according to Cisco analysts. That’s because IoT can help businesses lower costs by realizing new efficiencies and drive new revenues by enabling new business models. Digital transformation in general, and IoT in particular, can help organizations become more productive and more responsive to their customers. It also can enable businesses to expand their operational models from one-time product sales to models that generate recurring revenue.

As organizations embark on this transformation journey, however, they are encountering challenges with IoT implementation. These include figuring out how to secure connected devices, networks and the data they handle, as well as how to find the talent who will design, implement and maintain security protocols.

The rapid and wide-scale adoption of connected sensors and IoT devices in manufacturing, finance, telco and utility settings means that the global economy’s critical infrastructure is increasingly vulnerable to cyber attacks. October 2016’s Mirai botnet attack, for instance, used tens of millions of unsecured connected devices to deploy a denial-of-service (DoS) attack on an internet infrastructure company.

Read the entire article here, Securing the IoT: Processes and People Needed!

via the fine folks at Cisco Systems.

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