The internet of things is expected to increase the stakes for securing cloud-based networks as the number of internet-connected devices continues to surge to greater than 30 billion by 2020, according to PricewaterhouseCoopers’ State of Information Security 2016 report.
Globally, the average financial loss due to security incidents is now €2.3m, according to the PricewaterhouseCoopers report.
However, rather than let attackers win, boardrooms and business leaders are fighting back by increasing their security budgets by 24pc in the past year alone.
This is leading to a kind of renaissance in developing technologies and frameworks to fight off attacks with cloud authentication emerging as a replacement for passwords. For the full article click here
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