Kerry Curtin, Business Unit Manager: Financial Institutions at Aon South Africa.
Criminals look to attack businesses embracing the Internet of Things (IoT), targeting small to mid-sized enterprises (SME) providing services to global organisations.
One of the predictions made in the 2018 Cybersecurity Predictions released by Stroz Friedberg, an Aon Company, is that global organisations will need to factor the way their business partners use the IoT into the increased complexities of third-party risk management. The inherent risk lies in a large company being brought down by a cyber-attack on a small vendor or contractor that targets the IoT as a way into their network.
“It is crucial for large organisations to update their approach to third-party risk management, and for small and mid-sized enterprises (SMEs) to implement better security measures, or they could stand the risk of losing business,” says Kerry Curtin, Business Unit Manager: Financial Institutions at Aon South Africa.
Enterprises continue to interconnect…
