the security landscape in 2020, with
some companies paying a stiff price
for the attacks it has caused them.
Nikhil Chodankar, a senior security
analyst at Prudential Services Asia,
describes the cyberthreat situation
as critical. He says, “It is projected that
by 2025, there will be around 21 billion
IoT devices. This means more devices
will be interconnected bringing in more
complexities and huge data to manage
and analyse. This will create challenges
for security professionals to under-
stand the underlying technologies,
how to secure IoT devices and the data
it transmits. We have already seen
POC where cars/airplanes systems
have been hacked. IoT security will be
a trend in the future.”
Companies need to observe strict
protocols when considering work-
from-home implications to security,
remarks Shenouda. “There is a huge
gap between having no security and
going ‘directly’ on the internet from
home, to being fully protected by VPN
and other security tools that a multi-
million-dollar company infrastructure
can offer users,” he says.per cent of staff were, or had, operated
remotely during the lockdown.
The work from home mandate has
saved many businesses from oblivion,
but it has also opened the floodgates to
new hacking vulnerabilities as compa-
nies rushed to implement new remote
systems and provide their workforce
with off-site access to networks.
The more devices are linked externally
to a network, the greater the chances of
a breach. The rise of personal devices
used for work purposes has also altered
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