Cyber crooks are now casting a wider net, attacking not just PCs and mobile phones but also Internet-connected devices like security cameras or routers, which has “exponentially” increased the risk landscape, Cisco CEO Chuck Robbins said today. The $49 billion firm has a $2 billion security business and is helping customers across the globe devise their security strategy both proactively and reactively.
“The threat landscape is getting so much bigger. The distributed denial-of-service (DDoS) attacks where 50,000- 100,000 IoT devices were enslaved in a botnet (Mirai attack), Wannacry. The risk is going to increase exponentially and we have to have a robust end-to-end architecture to actually solve this,” Robbins said at the Internet of Things (IoT) World Forum here.
He added that 71 per cent of executives around the world say cyber security concerns are slowing down their digital progress. “We block 20 billion threats per day. We have a team of 250 threat researchers… Security is fundamental… You have to acknowledge that threats will get in, and you will have to build a similar strategy to make sure that you can identify, remediate and defending (against) them proactively,” Robbins said.
via Cybersecurity threat landscape has grown exponentially: Cisco – The Financial Express
aniltikotekar4sme.com 