Internet of Things (IoT) devices Giving attackers a large number of entry points
India is the most attractive market for all technology companies in the world. Companies like Facebook, Google, Uber and Amazon are vying with each other to double their footprint in India. The biggest attraction is the 1.4 billion population of India. Localization is said to be easier and cheaper in India and, secondly, corporate money can buy more market share.
There is no doubt that technology plays a pivotal role in the present-day business. The enterprise market is moving towards cloud computing, increasingly enabling users to access software and store files on the web. The enterprise market is the biggest space where every corporate wants to have its footprint, with a simple target as to how their applications could be used by businesses to automate the workflow. Going forward, executives with their strong business and logical acumen have a bigger role to play in the coming days and for that purpose many corporates resort to headhunting for acquiring the best talent and market share.
However, the darker side of technology is its design vulnerabilities from the security perspective in all the Internet of Things-enabled devices that invade the market from time to time. Just think if you hand over control of the connected devices in your home to someone you don’t trust and then imagine the worst they could do with that and consider whether you are okay with someone having that level of control. Regardless of how safe individual devices are or claim to be, new vulnerabilities emerge when hardware like electronic locks, thermostats, ovens, sprinklers, lights and motion sensors are networked and set up to be controlled remotely. These are the conveniences these systems offer and consumers are just interested in them. Botnet (also known as a zombie army) is an interconnected network of computers infected with malware without the user’s knowledge and controlled by cybercriminals. They are typically used to send spam emails, transmit viruses and engage in other acts of cybercrime and are the biggest online threats today.
The Government of India and the regulators have been very supportive of Digital India, Start-up India and Paperless Technology. With these, various government processes will be streamlined and integrated with data repositories. The government’s recent announcement to spend $7.2 billion on IT products and services in 2016, an increase of 2.4 per cent over 2015, includes spending on internal services, software, IT services, data centers, devices and telecom services. The good news is that spending on software will total $885 million in 2016, a 4.5-per cent increase compared to 2015.
India - the worlds fastest-growing start-up ecosystem - has really taken off and come on its own - driven by factors such as massive funding, consolidation activities, evolving technology and a burgeoning domestic market. Finally, India has created a global brand to attract investments in every format that is Make in India.
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