As we usher into a New Year, the writing on the wall is clear—Secure your Devices and Networks. With the gush of internet-connected devices, cyber criminals have become active and are keeping an ¬¬¬eye to hijack these devices as nodes in huge botnets.
IDC forecasts global spending on security solutions will reach $120.7B in 2021 with a 2018-2021 CAGR of 10.0%
The past year saw a significant rise in the volume of attacks targeting IoT devices. Of late, attacks such as distributed denial-of-service attacks, cryptocurrency, infiltrating networks for espionage and data thefts have hogged limelight.¬
Unfortunately, with each technological advancement, cyber criminals are also stepping up efforts and empowering themselves to breach the security walls. Ransomwares like SamSam have become the talk-of-the-town, with the perpetrators concluding every successful attack by bruteforcing RDP passwords. Besides SamSam, attacks such as Dharma, Bitpaymer, Ryuk and GrandCrap have also drawn a lot of attention.