It is the need of the hour that the industries, economies and people are interconnected to each other. Both at the personal and commercial level, we are getting connected with multiple devices through computers, mobile phones, appliances, commercial equipment and the list goes on. This network of connected devices is called the Internet of Things (IoT). The industry is on the verge of an explosion of IoT products and services coming to the market. However, the benefits of being connected to the internet comes with risks that should be managed to insure that, social and economic advantages are not turned into a potential disaster.
Rapid increase in interconnectivity of personal, industrial and business systems have increased the vulnerability to cyber-attacks. According to the World Economic Forum, cybersecurity is one of the five most serious risks faced by the world today. No wonder most of the organizations in the world feel that they are more at risk of being attacked than a few years ago. High profile cases of cyber-attacks in the last few years have increased the demand for sophisticated cybersecurity solutions and companies across the globe have started to allocate more…
