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The rapid advancement in IoT has paved the path for an exponential rise in the inter-networking of a myriad of physical device types. However, the rise of IoT has also given way for greater number of cyber attacks. With rapid evolution of security threats, there is an urgent need to safeguard every Internet-enabled device.
The process of collecting large data constantly in a single repository poses numerous challenges and technical complexities. For an organization to implement a holistic cybersecurity technology, it is crucial that it has a well-defined approach backed by continuous support to take their efforts to tangible outcomes. These outcomes will be a derivative of the analysis of massive data processed continually. The cybersecurity performance will be affected by the inability of an organization to perform adequate risk assessments, putting more pressure on the organization.
For an organization, it is crucial to understand the nature of the sophisticated cyberattack. This calls for an enhancement in the cyberthreat detection capability. With the introduction of cyberthreat vulnerability analysis and the implementation of a robust hardware, detecting threat has been made easy. In order to protect an economic infrastructure, be it of a country or a business, it is important that cybersecurity be designed and implemented at the hardware level with a layered design. The software has to be carefully designed where there is a high level of accountability to any security incident.