Almost half of companies still can’t detect IoT device breaches, according to a Gemalto study. But, use of blockchain technology might provide a solution IoT device breaches continue to frustrate companies and put user data at risk image
‘With IoT devices continuing to immerse themselves deep within organisations’ networks, it’s frightening to see that so many UK businesses don’t know if and when these devices have been breached.’
The Internet of Things (IoT) is beginning to creep into most aspects of consumer and business life; whether you’re talking about a smart home or smart office.
Jason Hart, CTO of data protection at Gemalto, commented: “The push for digital transformation by organisations has a lot to answer for when it comes to security and bad practices. At times it feels organisations are trying to run before they can walk, implementing technology without really understanding what impact it could have on their security.
“With IoT devices continuing to immerse themselves deep within organisations’ networks, it’s frightening to see that so many UK businesses don’t know if and when these devices have been breached. Although the UK’s new Code of Practice is a great first step toward securing the IoT, it’s won’t truly be effective until these are made mandatory and all organisations are forced to adhere to them. Only once every device, new and old, is given these same standards will the UK see a decrease in successful attacks.”
In the third episode of their four-part series, called “Ground Truth or Consequences: the challenges and opportunities of regulation in cyberspace,” Cyberwire take a look at risk and regulation in the financial sector, specifically how it intersects with cyber security. Joining the podcast are Valerie Abend from Accenture and Josh Magri from the Bank Policy Institute, and Jason Hart, CTO for enterprise and cybersecurity at Gemalto, the program sponsor.
In this premier episode of Cyberwire’s new, four-part podcast series, called “Ground Truth or Consequences: the challenges and opportunities of regulation in cyberspace,” they take a closer look at cyber security regulation in the U.S.
Joining them in this episode are Dr. Christopher Pierson from BlackCloak, Randy Sabett from Cooley LLP and Jason Hart, CTO for enterprise and cybersecurity at Gemalto.
The conversation around data protection is heating up as governments start to think more strategically and globally about information security and breaches. It’s increasingly clear that we need standardized cybersecurity regulations and more intense enforcement to track criminals across borders. In the wake of tough new regulatory frameworks adopted by the European Union and California, the U.S. Commerce Department is seeking comments on how to set nationwide data privacy rules.