The IoT has become a reality, bringing with it increased security risks as well as benefits.
It’s been more than 50 years since The Jetsons’ self-flying cars first appeared in living rooms across North America — introducing the illusion of a technological utopia with integrated artificial intelligence (AI), voice-recognition, advanced robotics and automation technology so smart that your fridge, wardrobe and toilet paper could be re-stocked on demand.
These technologies are now integral in our lives. They connect people and countries, underpin our economy and are driving dramatic change within industries. And this increase in Internet of Things (IoT) — connected everyday objects that communicate with both internal and external environments — is vastly complicating the current networked landscape.
IoT proliferation is increasing the networking capabilities of devices in our homes, offices, vehicles, factories and supply chains. But this explosion of new tech is also causing cyber risk to rise sharply. It’s predicted that by the year 2050 the number of connected devices will exceed 50 billion.