I am a huge fan of the technological world we live in and are moving towards. New technologies and the IoT (internet of things) are changing our business models and creating huge opportunities for companies and great benefits for consumers.
But cyber security is a huge issue. Over the last couple of days we have seen the concerted cyber attack that brought down a major internet provider that was critical to sites such as Amazon and Twitter.
It turns out that it was a concentrated and coordinated ‘bot attack’ using what we would now see as everyday connected devices such as your Panasonic, Samsung and Xerox printers.
While the ‘method of attack’ is now known, the patches haven’t been done yet so companies will be scrambling to provide the fixes to try to reduce the chances of this occurring again.
It is sad that cyber is a growing part of our world and that criminals, States and nerds are out there trying to break down our world.
The good news is that organisations are becoming more vigilant and improving cyber protection all the time. The bad news is that it is a never ending battle – but one I believe shouldn’t deter us from creating the benefits that AI and IoT can bring.