Cybercrime will cost up to $6 trillion by 2021 - nearly half of today’s US GDP and more profitable than the global trade of all major illegal drugs combined.
The tone of the many well-meaning discussions about the Industrial Internet of Things (IIoT) varies widely from one viewpoint of unbridled optimism about the seemingly endless possibilities to another filled with apocalyptic doom and gloom about the safety of the planet and everyone on it.
It was difficult to avoid the barrage of headlines coming out of the last week’s annual RSA Conference, the purported largest annual gathering of security professionals in the world.
When I recently watched a report about Tofaş, with its impressive one-million square meter operation and its leading position in the Fiat-Chrysler world in terms of World Class Manufacturing (WCM), I seriously wondered what else Smart Factories could offer in the near future.
Security and the IoT are terms becoming intrinsically linked in the grand discussion of connected devices and their envisioned applications in virtually every aspect of our ecosystem, whether it be consumer wearables, medical devices, or industrial systems.
It has been several years since Kevin Ashton introduced the concept of the Internet of Things, based on RFID and sensor technology that enable computers to observe, identify and understand the world—without the limitations of human-entered data.
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