I was talking to an elderly couple that day who are new to mobile revolution. While they are quite eager to smell the 21st century and go online for most of their daily necessities, I was asked a question.
“I don’t want to lose what I have and I need assurance on it”
I did not have an answer!
We are living in a new era now. World has gone the consumerization way with mobility, smart devices, apps, free internet and digitalization of the whole eco-system. IoT, Smart homes, Application for anything, Connected cars, Smart cities etc. are products of this rapid digitization. Creating new opportunities and means to do business, at same time giving birth to Cybercrimes or Cyber Terrorism. Cybercriminals are creating ripples across industry resulting in high commercial & reputational losses for everyone connected to it.
Need for cybersecurity has not been more relevant and prominent until now.
Attackers today are skilled, motivated, resourceful and sufficiently funded. The agenda’s are no longer restricted to fun or stealing corporate data, or individual corporate crimes, but to influence countries elections, impact economies, commercial espionages and cause wide spread panic. With advent of technologies like cloud, big data, etc., hackers have a larger playing field and ability to affect large consumer base exploiting a simple vulnerability in system.
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