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With more and more organizations embracing digitaltransformation and accelerating their pace to digitize every piece of information, they become increasingly vulnerable to sophisticated cyber-attacks and data breaches. With the global spend on digitaltransformation slated to reach a whopping $2.3
The recent network breach of Wipro , a prominent outsourcing company based in India, serves as a stunning reminder that digitaltransformation cuts two ways. Our rising dependence on business systems that leverage cloud services and the gig economy to accomplish high-velocity innovation has led to a rise in productivity.
A common thread runs through the cyberattacks that continue to defeat the best layered defenses money can buy. Related: We’re in the midst of ‘cyber Pearl Harbor’ Peel back the layers of just about any sophisticated, multi-staged network breach and you’ll invariably find memory hacking at the core.
But the energy sector also underpins our emergency and response systems, our hospitals and healthcare, our schools, our businesses, and virtually everything we do as a society. Unfortunately, the energy sector is of great interest to cyberattackers today. electrical grid is effectively attacked. The Rising Threat.
The challenge of embracing digitaltransformation while also quelling the accompanying cyber risks has never been greater for small- and mid-sized businesses. water supply are stark reminders of the unceasing activity of cyber criminals seeking financial gain or who are driven by ideological or political imperatives.
Digitaltransformation has only exacerbated this security skills gap. Rising implementations of cloud services and IoT systems, not to mention the arrival of 5G, has quickened the pace of software development and multiplied data handling complexities. Take PowerShell-enabled breaches, for instance.
Overlooking IoT security challenges may interrupt company operations and negate the positive digitaltransformation effects. Clearly, traditional firewalls and antivirus systems will not be sufficient; the complex IIoT infrastructure demands something more advanced.
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