For the cybersecurity industry, the last couple of years have been a total nightmare. From ransomware attacks to virtual bank heists, the number of monthly cyber attacks are now in the millions.
As every industry imaginable gets digitally transformed, they can also become highly vulnerable to cybersecurity threats. Whether its healthcare, logistics, or retail, the industry’s supply chain or what’s also known as value-chain (or third-party) the threat level isn’t really any different.
Next month will mark the first anniversary of the infamous WannaCry ransomware attack, but we’re all still (more or less) vulnerable.
In recent years, the financial services industry, which has been historically averse to change, embraced technology with open arms. This coupled with new regulations and stable growth created a number of new opportunities for established players and startups alike.
It might take five years or it might even take a decade, but one thing is for certain, most of us will live in smart cities pretty soon. Starting with our smartphones over a decade ago, smart connected devices are now on the brink of taking us to places that sci-fi writers once only dreamed about.
There are more mobile devices than ever before and this trend is expected to continue for years to come. In fact, 66% of people in 52 countries will own a smartphone this year (up from 58% in 2016).
