IoT now Internet of Threats

By Kachi Ojieh Friday, April 14, 2017
Fortinet image
Fortinet says the rapid increase of Internet of Things devices, which includes smart appliances and wearables, is exhibiting a huge risk to organizations.

Paul Williams, Country Manager – Southern Africa at Fortinet, in a roundtable briefing on IoT Threats in Johannesburg said Internet of things was playing a critical part in general digital transformation. He said they were worried about threats from disruptors and in the meantime concerned over how to secure a possibly complex digital enterprise. However, digital transformation has being a top-of-mind issue for CXOs in South Africa and around the globe.

Paul Williams image
Paul Williams Country Manager – SADC at Fortinet.
 
Sectors such as agriculture, utilities and manufacturing amongst others are presented with huge opportunities through digital transformation. Nonetheless, legacy systems must be changed to enable digital enterprises and IoT, and in the meantime to ensure that developing threats are alleviated Williams said.

Fortinet's 2016 Q4 Threat Landscape Report, which takes note of the cost of cybercrime is evaluated at over $3 trillion every year, and developing quick Williams cited. A proportion of applications are currently cloud based, and a developing number of mobile, wearable and IoT gadgets are being connected to the network which is another test confronting enterprise IT security as contained in the report. The research found that new exploits are multiplying, while 86% of firms enlisted assaults aiming to exploit vulnerabilities that were over 10 years old.

Fortinet image

Williams said some part of the issue with an IoT gadget is that it has a tendency to be a 'put it down and forget it' gadget. These gadgets are commonly not controlled, checked or patched.

Fortinet’s comprehensive new model for securing the network, branded Fortinet Security Fabric, brings all devices and networks together into a solitary, clever and automated environment that battles assaults in a firm way, within seconds.

Fortinet image
Fortinet says the rapid increase of Internet of Things devices, which includes smart appliances and wearables, is exhibiting a huge risk to organizations.

Paul Williams, Country Manager – Southern Africa at Fortinet, in a roundtable briefing on IoT Threats in Johannesburg said Internet of things was playing a critical part in general digital transformation. He said they were worried about threats from disruptors and in the meantime concerned over how to secure a possibly complex digital enterprise. However, digital transformation has being a top-of-mind issue for CXOs in South Africa and around the globe.

Paul Williams image
Paul Williams Country Manager – SADC at Fortinet.
 
Sectors such as agriculture, utilities and manufacturing amongst others are presented with huge opportunities through digital transformation. Nonetheless, legacy systems must be changed to enable digital enterprises and IoT, and in the meantime to ensure that developing threats are alleviated Williams said.

Fortinet's 2016 Q4 Threat Landscape Report, which takes note of the cost of cybercrime is evaluated at over $3 trillion every year, and developing quick Williams cited. A proportion of applications are currently cloud based, and a developing number of mobile, wearable and IoT gadgets are being connected to the network which is another test confronting enterprise IT security as contained in the report. The research found that new exploits are multiplying, while 86% of firms enlisted assaults aiming to exploit vulnerabilities that were over 10 years old.

Fortinet image

Williams said some part of the issue with an IoT gadget is that it has a tendency to be a 'put it down and forget it' gadget. These gadgets are commonly not controlled, checked or patched.

Fortinet’s comprehensive new model for securing the network, branded Fortinet Security Fabric, brings all devices and networks together into a solitary, clever and automated environment that battles assaults in a firm way, within seconds.

Kachi Ojieh
Kachi Ojieh

"Tech Is Before Anything Else since 2017". Kachi Ojieh is the CEO and Founder of Tech Is Bae. An enthusiastic blogger with the heart to unify all tech lovers across the globe. Currently working to make sure readers keep coming back for more.

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