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5G Network Use and Benefits

5G Network Use and Benefits

 

The decision to expand the 5G mobile network standard in Europe is intended to offer many new opportunities for both consumers and enterprises.It is certainlygoing to have a massive impact on almost every facet of how we use technology, with faster data speeds, lower latency, and increased connectivity, it’ll open up huge new frontiers in everything from smartphones to self-driving cars.

 

What is 5G?

 

5G is the fifth generation of wireless communication standards,promising much faster data download and upload speeds, wider coverage and more stable connectionsmeans, whatever we do now with our smartphones we’ll be able to do faster and better. The fifth generation of the network standard replaces 4G / LTE as the most powerful mobile network and for the first time offers extremely fast transmission speeds for enormous amounts of data.

 

5G Benefits

 

With 5G integration, consumers are most excited for immersive entertainmentwithfaster data transfer feed, streaming videos from mobile apps, high definition video content,uninterrupted video,driverless cars, zero-delay virtual reality, and no-latency gaming.On the industrial side, 5G is thekey to expandand realizethe full promise of the internet of things (IoT), with its impact to be felt in smart homes, smart cities, and smart industries.

In addition to that, from the end of European Parliament, initiatives have already been launched to accelerate the implementation of5G. According to the Commission, the benefits of the industrial internet are expected to boom, with the implementation of 5G that will transform sectors such as manufacturing, energy, vehicle manufacturing and healthwith the following benefits such as:

 

  • Increase in productivity and jobs: companies willcreate new jobs
  • Innovation and employment benefits
  • New advances in artificial intelligence, data analytics and cybersecurity
  • Possibility to deliver better, faster and cheaper servicesalong with a better customer experience
  • 5G’sgreater capacitywill impact positively on the networks to cope better with many high-demand applications all at once
  • 5G is expected to be ‘ultra-reliable’, means 100% guaranteeconnectivity
  • 5G networks promise to be more flexible
  • Smarteruse of resources such as energy and waterwith the integration of IOT connected smart devices
  • Reduction in power consumption, especially for IoT devices, the power savings could be significant
  • 5G promisesto extend the battery life of devices by up to ten times
  • Due to the extremely low delay times in the data transmission of less than 10 milliseconds, the 5G network can also increase networking and control of machines and robots in real time
  • 5G will unlock the true capability of drones while sending back high-definition video.
  • 5G willenhance the experience of virtual reality allowing you to chat in real time with live-streaming virtual worlds.

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While the 5G network may still be under development, there’s no doubt that 5g technology is going to be a new revolution in wireless communication systems. With every new generation of data network, there are alwayshigh expectations, so let’s hope 5G willdeliver everything it promises, means everything is connected, processed and digitised.

 

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Trends of Database Management

 

The world of data is constantly changing and evolving every second and has created a completely new dimension of growth and challenges for companies around the globe. Databases allow for data to be stored quickly and easily and are used in many aspects of your daily life. From your grocery store, bank to your favorite clothing store, all use databases to keep track of customer, inventory, HR and accounting information. Also, this article is stored in a database and its content is retrieved and displayed in your browser.

 

Classic databases can no longer meet the growing demands of the market. Businesses need a new kind of database to develop mission-critical applications and services for the evolving digital economy. Business requirements center on short response times with a large number of users, high scalability, flexibility, availability and access to structured but also unstructured data. With traditional databases, they can no longer meet these requirements, so organizations are increasingly turning to NoSQL database technologies based on a non-relational approach.

Consumers Are Increasingly Researching Purchases Online

According to the eCommerce Foundation’s, 88 % of consumer pre-research their buys, products or services, online, in order to compare the price, before making a purchase either online or in-store. Also, e-commerce in the B2B sector continues to grow. A good database system can help you manage all your business-critical data centrally, safely and securely – whenever you need it – to boost your chances of success.In addition to a high level of user-friendliness and customer satisfaction with short reaction times, the requirement in the online business is that the database supports customer behavior in the form of catalog management, customer profile management and content management.

Better management of HR, Customer data

By using a HR database, you can streamline most of the HR tasks, automate routine jobs and speed up the processing of data such as staff hours, leave, benefits, payroll, etc. This can leave you more time and money to focus on growing your business. A good customer and staff relationship is a KPI of your business growth. Therefore, a good CRM database is powerful enough to store and process everything, from customer contact details, interaction history and accounts, to new prospects, leads and business opportunities.

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Right Database for Your Internet of Things System

With the growth of Internet of Things (IoT), IoT architectures increasingly require data processing, analytics and storage at the network edge. Internet of Things links billions of sensors, machines, and devices of all kinds. Whole industries, such as the automotive and engineering industries, healthcare, smart cities are digitized. The resulting data must be processed quickly. NoSQL databases are being used for IOT as they can take a variety of forms and allow you to store and manipulate large amounts of unstructured and semi-structured data.

Mobile Databases

With the emergence of mobile computing the corporate information system also includes notebook computers and other portable devices. More and more people are using mobile platforms – whether smartphones, tablets or smart watches. Similar to desktop computing users, mobile users need access to information stored on corporate database servers. Key requirements for mobile databases include support for multiple mobile platforms with a single backend, synchronization of mobile data with remote databases in the cloud, and the creation of Offline first applications that do not require a network connection.

Cloud computing and Database expansion

The growth of data-driven enterprises is enforcing data administrators to deliver high-performing and responsive systems that can scale with the business. The ability to scale on demand and run large scale applications requires an agile IT infrastructure. They need databases that can deal with growing demands of businesses for real-time, analytical capabilities, incorporating data-driven initiatives such as the Internet of Things and artificial intelligence. Data administrators are responding and keeping up with these requirements through a combination of cloud resources and automation. To save costs and increase flexibility, more and more organizations are looking for distributed applications that run on bare metal servers, in virtualized, containerized, private, public, or hybrid cloud environments.

 

We can conclude that in order to fulfil business demands, database technologies used for information management are been rapidly evolving from traditional relational database management systems to MPP-based appliances, because an MPP database is a database that is optimized to be processed in parallel for many operations to be performed by many processing units at a time.

Age of Smart Building: Are we ready for Smart Buildings Revolution?  

 

 

We are living in a new age where innovation is attacking constructions sector. Today, many future-oriented companies are already using smart technologies in their offices and other workplaces. Also, with today’s technological evolution it’s possible deliver all the services that occupants need while making the building as efficient as possible, providing better functionality,minimizing costs and reducing the environmental impact of the building over its life.

 

A very common example of these smart buildings and connected building technologies is the use of smart thermostats. They measure the temperature in the building and turn on the heating systems as needed and control the air conditioning. There are also intelligent lighting systems that are controlled via remote maintenance and automatically adapted to the respective time of day. When a building is transformed into a smart building, one of the key attributes is to collect the data provided by the technology and use it to make smart decisions.

 

Features of Smart Buildings Benefits of Smart Buildings
Their core systems, such as, water meters, pumps, fire alarms, power, lighting etc. are all connected, and have the ability of the to talk to one another. Smart buildings leverage IoT connectivity, sensors and the cloud to remotely monitor and control a range of building systems from heating and air conditioning, to lighting and security systems.
When talking about smart the first thing that comes into our mind is the use of sensors as they play a huge role in collecting data to inform decisions about where to allocate resources. A combination of IoT solutions is used to automate access control, security systems, lighting, HVAC (Heating, Ventilation and Air Conditioning) systems and more. that’s what makes smart buildings greener, energy efficient and cost effective.
Data is gathered and analyzed constantly in real time. This ongoing monitoring allows for automated adjustments that can control conditions across an entire building.

 

 The use of sensors and cameras provides precise data on how the building is being used, which can be useful for decision making.
Smart buildings generate a large volume of valuable data about their own use, which is something that regular buildings don’t do. The savings can be made in terms of everyday spend and maintenance on equipment.

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Smart buildings make a substantial contribution to improving the living and working conditions of the respective building users. Everything, such as clocks, speakers, lights, door bells, cameras, windows, window blinds, hot water heaters, appliances, cooking utensils, are all connected and can communicate, send you information, and take your commands. These IOT gives you the ability to control items around the house, with a simple push of a button (or a voice command).

 

Smart Homes: An open invitation to hackers?

 

As listed above, the smart and connected home provides many benefits, but it also brings security concerns. As any connected device is a door between your home and the entire world, you must consider the consequences of getting hacked before walking on this path, because if a hacker manages to gain access to a smart building, it opens up a world of possibilities. Therefore, security must be carefully considered for every single Internet-enabled device, whether lighting systems or refrigerators, before these technologies are used in smart buildings.

 

If you want to enjoy the many advantages that connectivity offers in smart buildings, it is essential to fully protect and secure all networks and devices. As every one of these devices is a potential entry point for a hacker, the operators of smart buildings must manage all devices accordingly. Every software and every hardware have to import current patches to minimize vulnerabilities that could be exploited by hackers. Last but not least, a comparatively traditional method such as phishing is still extremely successful. One should know what signs point to a phishing campaign and manipulated attachments. Ultimately, it is crucial to install security measures at different levels. From network security itself to real-time monitoring. The latter allows to detect anomalies that indicate a potential cyber threat.

 

Smart Buildings have a variety of sensors, control systems, networks and applications. The underlying technologies have been introduced primarily to make buildings and workplaces more efficient, reduce costs and, not least, to improve the global environmental footprint. However, these technologies have equally ensured that the attack surface has increased significantly. As a result, security considerations for the devices in question should come first and foremost before they become part of the corporate network.

5G Technology – The Future of Connectivity

What New Services Will 5G Enable

The introduction of 5G is getting closer. Fifth generation technologies are fast approaching, and they have tremendous transformational potential to make our lives better. Better health care, smarter cities, a much more efficient industry; all of this becomes possible as the IOT grows and comes with a wide range of innovative solutions that drive our modern economy. However, without 5G networks, none of these elements can express its full potential. Service providers and telecommunications companies thus receive new opportunities – but also challenges such as investment protection for their 4G systems. But, the fact that 5G is at a growing stage of its evolution, provides a huge opportunity to apply the lessons learned from the implementation of the 3G and 4G / LTE systems.

In this blog post, I will try to explain what 5G is and why it offers such promises.

 

What is 5G? 5G is the term used to describe the next-generation of mobile networks. There isn’t any “official” definition of 5G; but it stands to fulfil the demand for continuous connectivity by creating an agile, purpose- built network tailored to the different needs of citizens and the economy. Unlike the previous three generations of public mobile network technology, 5G is targeting delivery of more than just “higher speed mobile broadband” for consumers – 5G brings an expectation of greater interconnectivity between a wider range of existing telecommunications networks and services, and an improved version of end-user experience by offering new applications and services through gigabit speeds, and significantly improved performance and reliability.

In addition to that, 5G, wireless technologies open up enormous opportunities in the field of IoT, for example in connected vehicles or smart city concepts. However, it takes some time and a lot of work to use these opportunities as well as there’s a huge investment challenge and the fear to not fall behind in the transition to 5G.

 

Features of 5G:

 

Main features of 5G Network technology are as follows:

  • 5G technology offer high resolutionit means up to 10Gbps data rate which represents 10 to 100x improvement over 4G and 4.5G networks
  • Offers bi-directionallargebandwidth; in numbers it represents 1000x bandwidth per unit area
  • 5G technology is providinglarge broadcasting of datainGigabitwhich supporting almost 65,000 connections with 99.999% of availability and 100% of coverage
  • The uploadingand downloading speed of 5G technology touching the peak.
  • The remote diagnostics
  • Through remotemanagementofferedby 5G technology a user can get better and fast solution.
  • The 5G technology also supportvirtual private
  • The 5G technology network offering enhanced and available connectivity just about the world
  • The 5G promises to offer better battery life for devices

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The creation of new career line:

 

Not only 5G is a revolution in networking, it also brings a cultural shift in business. For example, the new technology requires new skills in organizing and managing. In order to create and advance the underlying networks companiesneed employees who can understand and use the interaction and dynamics of all these software components.

A study estimates that in 2025 benefits from the introduction of 5G will create jobs in automotive, health, transport and energy. 5G deployment will bring millions of jobs and billions of euros benefits.

Automation-driven increases in productivity have already helped in many tasks for humans, such as the evaluation of data capacity, the monitoring of the network for operation limits or the search for harmful traffic. Instead, the focus of employees shifts to the results. So far, an engineer must plan a new service, get the hardware, set up the hardware, wire it, and then start the project. In this way, changing existing or deploying new services takes weeks or even months. In an automated environment, this work can be done in minutes or completely eliminated. But the success of the transition to new technologies depends on the decision-makers having a clear concept for this and the employees understanding this concept and being able to implement it.

 

The ear of Hyper-Automation

 

Automation is probably the most significant element of moving to 5G.With a new virtualized 5G technology layer, it is clear that automation is no longer a luxury option but more an essential and mandatory aspect of managing and leveraging increasingly complex networks. For a while, service providers will need to manage different bandwidth and connectivity requirements in parallel. Unfortunately, the platforms of many 4G networks are simply not designed for the scaling required. That’s where automation comes in: virtualized and cloud-based technologies allow existing networks to scale as needed, facilitating and optimizing migration to 5G services.

 

In highly distributed environments, the challenge is to gain meaningful infrastructure analysis and performance data. Switching to virtualized, automated, cloud and network-spanning environments gives service providers a comprehensive view of applications, user experience and performance. Therefore, hyper-automation is fast becoming the new paradigm in the effective management of complex heterogeneous networks and holds the answer to the challenges that lie ahead. It incorporates smart and rapid automation driven by advanced analytics and machine learning.

 

In the coming months-years, Communication Services Providers (CSPs) across the globe will be busy rolling out the 5G network. As it promises data rates 100x of 4G, network latency of under 1 millisecond, supports 1 million devices/sq. km., and 99.999% availability of the network, 5G is fundamentally different from 4G, LTE, or any other network the telecommunications (telecom) industry has ever seen before. In order to capitalize on this opportunity, your organization needs to operationalize fast data and make informed business decisions in-event and in real-time.

Solutions Related to Technologies in the IoT Field

Solutions Related to Technologies in the IoT Field

In our last blog-post we’ve discussed about the Challenges Related to Technologies in the IoT Field. As the challenges of IoT are numerous, their solutions should and must be developed and support to provide better services that are trusted by all parties such as users, companies, and so on. Some of the solutions include standard encryption technologies that comply with IoT. Since the devices are mobile, the encryption technologies that are going to be used must be faster and less energy consuming because energy consumption is another problem of IoT devices. Using authentication and authorization structures for controlling access level to view the data is also another solution that should be considered while designing IoT applications.

 

Some of the solutions put regarding the problems discussed, in our previous post, include:

 

Having Uniform Shared Standards/Structures:

 

The lack of uniform standards for the Internet of Things is a huge problem that IOT organizations are facing. Having uniform standards is helpful in a way that having a standard protocols or structures makes vendors to follow this structure and will not create a problem when there is a need to integrate the different parts developed by different organizations. For example, if hardware and sensor device designers, network service providers and application developers all follow some standard for IoT, it will greatly reduce the problem that will arise due to integration problem and compatibility issues.

 

Address privacy and security risks throughout the IoT device life cycle:

 
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Addressing IoT privacy and security challenges from start to end-of-life, including every change in maintenance ownership, can help prevent general vulnerabilities. Organizations must have a set of security guidelines, standards and best practices that all or their solutions must comply with. Strong privacy policy towards IoT on how to collect and use individual data in a transparent way to the user increases the trust of the user for the service, make him/her aware how it is used and how to control it. This means that the user should be made the center to decide on what personal information goes where and how it is used.

 

Using Anonymization: 

 

IoT devices are capable of capturing physiological measures, location and activity information, therefore sharing sensed data can lead to privacy implications. Data anonymization provides solution to this problem. Anonymization is a method of modifying personal data so that nothing is known about the individual. It does not only include de- identification by removing certain attributes but has to also be linkable because a large volume of data is being produced each time a device is connected. Methods such as K- anonymity can be used. K-anonymity is a key concept that is introduced by Latanya Sweeney, to address the risk of re-identification of anonymized data through linkage to other datasets.

 

Robust storage systems:

 

For many IoT applications, it has become critical for data to be screened and analyzed where it is generated. I.e. from sensors in a car, surveillance cameras, drones, personal devices, robots, gateways, etc. As the data produced from IoT devices is large volume data, it is needed to have fast and powerful storage mechanisms which can handle very large data even more than it is needed currently. The ability to deliver real-time analytics at the network’s edge can improve operational efficiencies, provide safer driving, create more secure environments, foresee upcoming maintenance, identify customer buying behaviors, and enable a world of opportunities.

Understanding Challenges Related to Technologies in the IoT Field

Understanding Challenges Related to Technologies in the IoT Field

 

The Internet of Things (IoT) indicates the use of connected devices and systems to leverage data gathered by embedded sensors in machines and/or other physical objects. For consumers, the IoT has the potential to deliver solutions that dramatically improve energy efficiency, security, health, education and many other aspects of daily life. For enterprises, IoT can underpin solutions that improve decision-making and productivity in manufacturing, retail, agriculture and other sectors.

 

The number of connected devices to the internet is increasing each year at an alarming rate. As there are a lot of emerging applications and evolving technologies in the field of IoT, the challenge is to increase with these growing trends in applications and technologies.

Studies shows that the IoT fields is facing a lot of challenges. From bandwidth and battery problems in small devices, power disrupts related to the devices and configurations to Data Security, Data Control & Access, no uniform standard/structure, and Large Volume of Data produced.

 

Data Security

Data security in terms of IoT is defined as a necessity to ensure availability and continuity of a certain application and to avoid potential operational failures and interruptions with internet connected devices. As we increasingly connect devices to the Internet, new opportunities to exploit potential security vulnerabilities grow.  The threats here could come in different levels such as at the device level, network or system/application levels. They also come in a variety of ways such as using random attacks such as Distributed Denial of Service (DDoS) and malicious software. Different devices such as sensors, RFID tags, Cameras, or network services (WSN,Bluetooth) could be vulnerable to such attacks which in turn can be used as botnets. Home appliances such as refrigerator, TVs can also be used as botnets to attack this and similar devices. Thus companies must ensure that IoT devices and related data services are secure from vulnerabilities, especially as this technology is becoming more pervasive and integrated into our daily lives.

 
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Data Control & Access/Privacy

It is known that IoT applications produce large volume of data in a faster rate from different devices and these smart devices collect and process personal information. But knowing what risks these devices have, how the data is produced and used, who owns and controls it and who has access to it are some privacy questions that one need to ask while getting the services of these devices. It is obvious that the data that is produced from these devices face privacy concerns from the users. The concerns most of the times could come in two forms, first where personal information about the individual is controlled, identified, and the owner does not know who access it or to whom it is known. Secondly, the individuals’ physical location can be traced and be known his/her whereabouts, hence violating privacy. This shows that privacy is one of the basic challenges in the IoT field as is anywhere in the IT field and companies must overcome it with the help of GDPR regulations.

 

No Uniform Standards/Structures

IoT is comprised of different components such as hardware devices, sensors and applications. These different components are manufactured and developed by different industries. When these components designed to be used in IoT solutions, they need to exchange data. Problems arise while trying to communicate because the standard used in one product is not used in the other and it creates communication or data exchange problems which may delay the expansion of IoT products. The problem is not only in the design of devices, but also in the internet protocols used today. The absence of uniform standard/structure for different technologies used in IoT is one challenge for the field.

 

Large Volumes of Data Produced

This is another challenge in IoT, i.e the data produced from various sensor and mobile devices is heterogeneous, continuous, very large and fast. These produced data need to be processed instantly before it is expired. Managing these kinds of data is against the capacity of traditional databases. As the number of connected devices is expected to increase in the future, the data produced from these devices is going to increase exponentially and a good analytic platform and storage systems are needed.

 

The Internet of Things involves a complex and evolving set of technological, social, and policy considerations. IOT is happening now, and there is a need to address its challenges and maximize its benefits while reducing its risks.

Why Do We Need More Security In Healthcare Network

WHY WE NEED MORE SECURITY IN HEALTHCARE NETWORKE

Undoubtedly, the Internet of Things (IoT) and related services have revolutionized the healthcare industry. There are many examples for this, i.e. it is possible to directly access patient records, provide remote diagnostics, and provide appropriate treatment options. There are also lifecycle management and apps for monitoring vital signs.

 

Two motifs are particularly driving growth in this segment. Firstly, the offered services should become more efficient and, secondly, they should offer its users better treatment quality. The so-called “connected health” market has grown so fast that experts predict that it will reach a volume of around 612 billion US dollars by 2024.

 

The number of IOT devices is growing continuously. However, this also has its weaknesses, because at the same time it increases the number of cyberattacks. According to the results of the 2018 Thales Data Threat Report, 77% of US healthcare organizations have been breached, along with two out of five respondents in the healthcare industry worldwide who claimed to have been victims of a data breach last year. Personal medical devices, monitoring devices that can be used at home, and similar applications, certainly have both health and commercial benefits. However, the main question is if we cannot even protect 100% a single network boundary, how would it be possible to secure 1,0000000 or even more “mobile” perimeters?

 

healthcare thalese security

 

The healthcare industry contains many sub-industries that already work together in an ecosystem, but they need to strengthen their work relation and need new strategies in protection of personal health information (PHI). These sub-industries ensure the security of systems that deliver patient care. Here’s a look at the role each type of organization plays in the healthcare ecosystem as it relates to software security:

 

healthcare ecosystem

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Given the potential value of the personal information held on or exchanged between these devices, it is not surprising that healthcare is one of the industry most likely to be victims of cyber-attacks. Certain patient records contain little more than the necessary basic information on the treatment history of a patient. We can face a bit different situation with the US Electronic Health Records (EHR). Not only are these records much more detailed but they also contain other valuable data such as credit card and social security numbers. The electronic health record is also a database in which treatment data, medicines, allergies and other health data of the health insurance are to be regularly stored across all sectors and cases nationwide. Depending on which model is used, the data is stored in centralized or decentralized database. However, participation is initially voluntary, and the patient should be allowed to decide on the type and extent of storage.

 

The theft of patient’s personal information can have traumatic consequences. Under certain circumstances, human lives are at stake here. The consequences of a data breach are hard to imagine. A striking example from the recent past. One can only guess that what would have happened if the FDA had not recalled 465,000 networked pacemakers due to hacking fear. Last year, users were advised to bring in a patch designed to fix a potential vulnerability in their devices.

 

With regard to medical data, it is absolutely necessary that the correct data must be correctly transmitted to the right device. And then the right treatment processes are triggered, and medication are precisely implemented, of course, with the right patient.

 

Patients and healthcare professionals alike demand a certain level of security when implementing such devices. The devices themselves must be as secure as any data and information they transmit and share. Encryption and secure key management, for example, are essential in ensuring the confidentiality of data stored and shared between medical networked devices.

 

Recently, Thales has partnered with Device Authority in order to protect healthcare IoT. The solution authenticates each new device hardware and establishes a strong root of trust and identity within the network. End-to-end encryption ensures the integrity of the data in question.

 

Cutting costs, working effectively, increasing motivation, adopting a healthier lifestyle, and reducing error margins are the mottos of each health providers. It is beyond argue that innovative technical applications have meanwhile provided better services to patients. However, an overabundance of new opportunities and uses has also opened up new opportunities for cybercriminals and increased the risk of data breaches. Unlike many other data breaches, health care is very quickly about the lives of patients and at least highly confidential data. Healthcare providers should do their utmost to limit such risks as much as possible and to ensure that patients and other stakeholders can trust each device.

Cyber ​​Security Predictions- What to Expect in 2018

It is well known that the fourth industrial revolution opens up a multitude of new business opportunities. In parallel, the danger for cyber-attacks is also increasing. It is important that companies prepare for it.

Not only should they think about security solutions directly when planning IT technology, but they should also develop a keen awareness of the corporate culture for security – which requires significant investment. According to estimates by Gartner, security spending for 2018 will continue to rise sharply globally, reaching $ 93 billion. For the coming year, this means that Cyber Security will capture some of the key trends.

 

IT security experts are still in demand

 

As technology evolves, security expertise needs to adapt to changing needs. The challenge is to train cybersecurity specialists to acquire and develop the skills they need as quickly as possible. According to the Cyber Security Ventures Report, it is predicted that there will be around 3.5 billion unfilled cybersecurity jobs by 2021. The responsibility lies in the hands of governments, universities, schools, and companies to meet this need.

 

Protection and resilience

 

In this day and age, it is difficult to completely avoid security gaps. Therefore, you shouldn’t just ignore them, but make appropriate arrangements. As a result of this development, the resilience of the IT infrastructure will become more of a focus, and not just prevention alone. For companies, it is important to talk openly about their own weak points, to raise awareness and to show responsibility. Funds currently used to prevent cyber-attacks may need to be redistributed to detect security threats in time and to remain operational in the event of an attack.

 

Next-generation security solutions are driven by digital ecosystems

 

In IOT hype era, the protection of customer data becomes more and more important. Vulnerabilities exposing sensitive data can have serious consequences as companies will be held accountable for personal data in the future. This ownership is a major challenge for companies, and the responsibility to ensure a degree of security for their users lays on technology manufacturers. As the need for cybersecurity solutions and regulations grows, companies need to develop appropriate strategies to minimize any risk. These strategies should not only meet today’s expectations but also incorporate new business models promoted by new technologies.

 

Cyber-attacks increasingly sophisticated

 

Of the e-mails received, around 70% are spam and the majority of them contain phishing messages. Other known threats include rogue Trojan horses, malware or distributed denial-of-service (DDoS) attacks. Over the past few months, they have led to massive data loss and continued to make company or customer data vulnerable to cybercriminals. With 93% of the attackers, the money is in the center. Hackers try to gain the highest possible profit through simple tricks and are often successful in smaller companies with inadequate security solutions.

 

New technologies: a blessing and a curse at the same time

 

Innovative technologies enable cybercriminals to use sophisticated methods for their attacks. But these innovations can also help build and reinforce defense and protection against hackers. A major threat, for example, comes from artificial intelligence (AI) applications. However, AI can also be used to detect potential risks faster. How important AI is for IT security is an outlook on the global market for artificial intelligence solutions: according to a recent study, it will grow to $ 18.2 billion by 2023. Likewise, the Internet of Things, with an estimated circulation of 22.5 billion networked items, is both a driver of innovation and a door opener for increased threat potential, according to a Business Insider platform report. On the one hand, security becomes a challenge, but on the other hand, the data generated by Internet-enabled devices can help detect breaches early.

 

The focus is on vertical industries

 

While cyber attacks affect all sectors of the economy, there are still some key sectors that are likely to be particularly vulnerable to cyber attacks:

 

  • The Financial Sector, BFSI: (Banking, Financial Services and Insurance): The BFSI sector is under increasing pressure. This is due to competitors with digital assistances and the constant pressure to modernize their existing systems. The value of customer data is increasing as customers demand more comfortable and personalized service. Nevertheless, trust remains crucial. According to a recent study, about 50% of customers in the UK would change banks as a result of a cyber-attack, while 47% would completely lose confidence. Large-scale cyber-attacks have already left a large number of banks victims of a hacker attack. This shows that the sector has to adapt to these risks. So, it’s important that banks invest more in security solutions to ensure 24/7 protection.

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  • Healthcare: More and more patient is having digitized medical records. In addition, artificial intelligence and web-enabled devices will increase the speed of diagnosis and improve patient care. However, the integration of personal data and Internet-enabled devices also involves risks. Earlier this year, Experian predicted that the healthcare sector would be the most affected market by cyber-attacks, as some examples have already shown. This means that the health sector should similarly invest in risk analysis as the banking sector. In addition, the implementation of industry-wide standards is needed.

 

  • Retail: In the retail market, customized shopping experiences are becoming increasingly important, so data analysis tools help retailers implement them. However, there is also a great responsibility to protect this data, which can include more than just shopping habits and login data, but also account details and addresses. Thanks to Internet technologies, augmented reality and face recognition, the shopping experience is becoming increasingly networked, but here, too, stronger networking also entails a greater risk of data loss. Therefore, the creation of a resilient strategy approach is also crucial for the retail sector.

 

  • Telecommunications: Telecommunications companies as Internet service providers are among the industries that are at increased risk for cyber-security. They should include security measures in network infrastructure, software, applications and endpoints to minimize the risk of customer vulnerabilities and data loss. Nowadays, consumers are increasingly wondering who they entrust their data to. For service providers, this is a good opportunity to provide additional security services. In addition, a collaboration between competitors may increase cyberattack resilience.

 

What does this mean for the year 2018?

 

Overall, it can be seen that companies in all industries, as well as individuals, need to improve their cybersecurity awareness, identify the risks, and take appropriate countermeasures. Key competitive advantages are companies investing in security solutions. At the same time, cyber-security must also become an issue for state governments and at the international level where laws and regulations must be adapted accordingly. In addition, governments must invest in training and education or disclosure of cyber-threat threats.

#IoT 2018: The Three Most Important #SecurityTrends

You don’t have to wait long for predictions about the massive growth of the IoT. As at the end of 2017, Gartner analysts predicted that we already have around 8.4 billion IOT devices worldwide. This is an increase of 31% compared to the 2016 figures. In 2020, it should be around 20.4 billion IoT devices globally.

That’s not surprising. Because in addition to the ever-growing number of products that are equipped with ever-widening skills to network, there are a variety of new associations, technology partnerships, standards committees and industry initiatives. Closed and established with the goal of enabling companies to truly benefit from the competitive advantages of the IoT.

 

IoT data breaches will not only continue to increase, but the consequences will be more severe than before.

IOT SECURITY

 

As with any emerging and rapidly advancing technology era, such development rarely takes place without challenges. And in the case of IOT, safety is one of those challenges. In core, three trends will accompany us in 2018.

In distinction to the previously discovered weaknesses, which were directed in particular against brands and models in the automotive industry, we were confronted with weaknesses in 2017 within the Controller Area Network (CAN) bus protocols faced. A bus protocol that is used not only in the vast majority of vehicles but is widely used in industrial production, health care is another example.

The vulnerability was discovered by U.S. Pat. Industrial Control Systems Cyber Emergency Response Team (ICS-CERT). Under certain conditions, attackers were able to disable the onboard security systems. To make it even more complicated, it is not a vulnerability that could be fixed by a patch. That’s because it’s an inherent weakness of the protocol design itself.

 

But in 2017 IoT security was another innovation. For the first time, an implantable medical device was recalled due to IT security issues. To this end, the US Food and Drug Administration responded in a gigantic recall campaign to over 465,000 patients who had been given a particular networked pacemaker. The FDA asked the patients to visit their doctor and get a firmware update of the concerned pacemaker. The device has a vulnerability that could potentially be exploited for attacks. Hackers, for example, would be able to influence the tempo of the signal generator or prematurely switch to energy-saving mode. Unlike the CAN bus protocol, this vulnerability comes with a patch. Patients must consult their doctor personally, but surgery is not necessary. Part of the update is to limit the number of wireless commands that the device can receive while preventing the transmission of unencrypted data. With that being said, we are obviously well on our way to an age when doctors are patch managers as well. It is a disturbing and irreversible trend that vulnerabilities in protocols and devices are increasingly likely to endanger human lives when these protocols and devices are used in an environment for which they were not initially designed.

 

More security awareness, yes, but secure implementation takes time

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It is expected that IoT device manufacturers, especially end-user devices, will continue to bring in market devices that are poorly or not fully secured. However, the safety awareness of consumers is growing. Although not strong enough to change the buying behavior. Cool features and an affordable price still make the difference. For the first time, Amazon Echo and Google Home are high on the wishlist of technology-savvy consumers. On the other hand, there is a small but growing group of consumers who have major concerns about the safety of these products. The first major waves of attack, such as the Mirai botnet, have received the attention of security experts. For the average consumer, the scope of this type of attack has not yet become apparent. Nevertheless, the pressure on manufacturers is growing and with it the demand for better security and data protection measures.

 

Building security into the equipment from the start will be more difficult and time-consuming than expected. This applies equally to IoT devices intended for end users as well as those used in companies. An example: encryption. One has the ability to encrypt data that an IoT device collects both while they are on the device and when that data is sent to another device or aggregated and analyzed in the cloud. At first glance, this looks like a suitable and straightforward approach. As far as encryption is concerned, there are many good recommendations as to which algorithms are suitable. In addition, there are several OpenSource encryption solutions. So far so good. It is much more difficult to protect and manage the associated keys. Insufficient key management invalidates the entire encryption process. A badly managed key can make the encrypted data unusable. For example, if the key used to encrypt the data in question is not available within an authentication process. The sheer variety of devices in the IoT is compounding exponentially the challenges of encryption and key management. To date, only few have the necessary expertise and suitable technologies to deal with this.

 

The consolidation has begun.

 

 At the moment, analytics and visualization tools are particularly promising for companies and in the context of IIoT, the industrial Internet of Things. These tools attempt to analyze the vast amounts of data that make sense and produce results that help in day-to-day business. Especially in 2017, providers and users of IoT technologies had to put up with more questions about what they think about the different aspects of data protection. All in all, it makes little sense to collect, analyze, or even worse, analyze data based on this analysis if you ultimately can not trust the data. In order to be able to trust them, one must be able to authenticate origin and source. This begins with verifying the device identity (and whether that device uses legitimate validated software from a trusted source), protecting the collected data from the beginning and, of course, the entire communication and transmission path. That these questions are asked in terms of security is one of the sign of consolidation in the IoT. Manufactures have left the phase of prototypes and feasibility studies, moving in the production phase with real users who are increasingly asking critical questions.

 

And consolidation will continue to accelerate. Specifically, the market for enterprise / cloud IoT platforms is unhealthily bloated with an unsustainable number of products. It’s safe to assume that just about every developer would be happy to shorten the list of available products for IoT platforms, preferring to incorporate better artificial intelligence into the remaining ones. Add to this a healthy, or perhaps rather unhealthy, number of safety standards and associations that wants to create a solid safety basis. A variety of initiatives seem to go in the same direction, in fact they often have different goals. Governments and legislators are also in the process of finding ways to create the necessary security conditions better than before.

 

Consolidation and standardization will help to better integrate IoT devices into industrial multi-core environments. And these efforts will ensure that basic security techniques are easier to implement. In particular, those that provide sufficient confidence in an IoT-based environment.

The IoT is a fascinating, fast-growing, and emerging field that will increasingly become the backbone of digital transformation. And it promises them not inconsiderable competitive advantages, which understand how to use it within their entrepreneurial visions, goals and implementation.

Requirements include a strong trust anchor, efficient implementation of the necessary IT security measures, risk assessments in an IoT ecosystem, and meaningful results from IoT projects. The year 2018 will bring us some decisive progress here.

#CyberSecurity Landscape in 2018 – The focus is on vertical industries

It is well known that the fourth industrial revolution opens up a multitude of new business opportunities. At the same time, however, the danger for cyber-attacks is also increasing. It’s imperative that companies prepare themselves to put them out of danger zone.

Not only should they think about security solutions directly when planning IT technology, but they should also develop a keen awareness of the corporate culture for security – which requires significant investment. According to Gartner’s estimations, security spending in 2018 will continue to rise sharply globally, reaching around $ 93 billion. For the coming year, this means that Cyber Security will capture some of the key trends.


IT security experts are still in demand

As technology evolves, security expertise needs to adapt to changing needs. The challenge is to train cyber security specialists to acquire and develop the skills in order to become companies “superheros”. Cyber Security Ventures Report predicts there will be 3.5 million cybersecurity job openings by 2021 and 3.5 million will be unfilled. The responsibility lies in the hands of governments, universities, schools and companies to meet this need.


Protection and resilience

In this day and age it is difficult to completely avoid security gaps. Therefore, you should not dismiss them as improbable, but make appropriate arrangements. As a result of this development, the resilience of the IT infrastructure will be more in focus, and not just only prevention. For companies, it is important to talk openly about their own weak points, to raise their awareness and to show responsibility. Funds, till now used to prevent cyber-attacks, must be redistributed to detect security threats in a timely manner and to remain operational in the case of an attack.


Next-generation security solutions are driven by digital ecosystems

In times of the internet of things the protection of customer data becomes more and more important. Vulnerabilities exposing sensitive data can have serious consequences as companies will be held accountable for personal data in the future. This ownership is a major challenge for companies, and it is the responsibility of technology manufacturers to ensure a degree of security for their users. As the need for cyber security solutions and regulations grows, companies need to develop appropriate strategies to minimize any risk. These strategies should not only meet today’s expectations, but also incorporate new business models promoted by new technologies.


Cyber-attacks increasingly sophisticated

Of the e-mails received, around 70% are spam and the majority of them contain phishing messages. Other known threats include rogue programs as Trojan horses, malware or DDoS attacks. Over the past few months, they have led to massive data loss and continued to make company or customer data vulnerable to cybercriminals. With 93% of the attackers, the money is in the cEnter – this shows the latest report from Verizon. Hackers try to gain the highest possible profit through simple tricks and are often successful in smaller companies with inadequate security solutions.


New technologies: a blessing and a curse at the same time

Innovative technologies enable cybercriminals to use sophisticated methods for their attacks. But these innovations can also help build and strengthen defence and protection against hackers. A major threat, for example, comes from artificial intelligence (AI) applications. However, AI can also be used to detect potential risks faster. How important AI is for IT security is an outlook on the global market for artificial intelligence solutions: according to a recent study, it will grow to $ 18.2 billion by 2023. Likewise, the Internet of Things, with an estimated circulation of 22.5 billion networked items, is both a driver of innovation and a door opener for increased threat potential, according to a Business Insider platform report. On the one hand, security becomes a challenge, but on the other hand, the data gained through Internet-enabled devices can help detect breaches early.


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While cyberattacks affect all sectors of the economy, there are still some key sectors that are likely to be particularly vulnerable to cyberattacks:

 

The Financial Sector, BFSI (Banking, Financial Services and Insurance): The BFSI sector is under increasing pressure. This is due to competitors with digital offerings and the constant pressure to modernize their existing systems. The value of customer data is increasing as customers demand more comfortable and personalized service. Nevertheless, trust remains crucial. According to a recent study, about 50% of customers would change banks as a result of a cyber-attack, while 47% would completely lose confidence. Large-scale cyber-attacks have already left a large number of banks victims of a hacker attack. This shows that the sector has to adapt to these risks. So it’s important that banks invest more in security solutions to ensure 24/7 protection. Shared Ledgers will significantly shape the future of the banking sector. The most popular technology, Block chain, will be the backbone of cryptocurrencies like Bitcoin. The block chain method provides permanent records of transactions. It is thus part of the accounting control procedures that cannot be manipulated – and have the potential to completely redesign the BFSI sector.

 

Healthcare: More and more patient data is digitized. In addition, artificial intelligence and Internet-enabled devices will increase the speed of diagnosis and improve patient care. However, the integration of personal data and Internet-enabled devices also entails risks. Earlier this year, Experian predicted that the healthcare sector would be the market most affected by cyber-attacks and WannaCry ransomware, as some examples have already shown. This means that the health sector should similarly invest in risk analysis as the banking sector. In addition, the implementation of industry-wide standards is needed.

 

Retail: In the retail market, customized shopping experiences are becoming increasingly important, so data analysis tools help merchants implement them. However, there is also a great responsibility to protect this data, which can include more than just shopping habits and login data, but also account details and addresses. Thanks to Internet technologies, augmented reality and face recognition, the shopping experience is becoming increasingly networked, but here, too, stronger networking also entails a greater risk of data loss. Therefore, the creation of a resilient strategy approach, such as in the banking and healthcare sectors, is also crucial for the trade.

 

Telecommunications: Telecommunications companies as Internet service providers are among the industries that are at increased risk for cyber security. They should include security measures in network infrastructure, software, applications and endpoints to minimize the risk of customer vulnerabilities and data loss. Nowadays, consumers are increasingly wondering who they entrust their data to. For service providers, this is a good opportunity to provide additional security services. In addition, collaboration between competitors may increase cyberattack resilience.

 

Manufacturing industry: Even the manufacturing industry is not safe from hacker attacks. According to an IBM study, the production industry is the third most vulnerable sector to hackers. In this area hackers focus mainly on spying on data as they are very lucrative. The main objectives are networked machines, robots and 3D printers. Vulnerabilities enable attackers to get production plans. In addition, they can intervene in processes and sabotage productions. These vulnerabilities not only cause high financial damage, but also the lives of factory workers can be at stake. Manufacturers should therefore continue to monitor their production line for vulnerabilities and implement control mechanisms that limit access to other areas of the production system when an area is already affected.

 

Authorities: No organization is immune to security breaches and data misuse, not even government agencies. The main target of attack is data stored in the ministries, from voter information to military defense plans. While governments around the world are increasing their cybersecurity budgets and striving to integrate them as quickly as possible, there are still opportunities for criminals to avoid them. Some organizations are already focusing on funding programs that use white-hat hackers to test the IT system and identify potential vulnerabilities for payment. With the growing number of hacker attacks per year, investment in security is becoming more and more important to governments around the world.


What does this mean for the year 2018?

Overall, it can be seen that companies in all industries, as well as individuals, need to refine their cybersecurity awareness, recognize the risks, and take appropriate countermeasures. Key competitive advantages are companies investing in security solutions. At the same time, cyber security must also become an issue for state governments and at the international level, and laws and regulations must be adapted accordingly. In addition, governments need to invest in education and disclosure of cyber-threat. New regulations also play an important role here, enabling, for example, telecommunications providers to develop and implement suitable solutions against cyberattacks.

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