With the steady adoption of IoT and personal connected devices, it’s reported an increase of over 4 fold in IoT malware attacks year-over-year in the Middle East region. The growth in cyber threats demonstrates cyber criminals’ persistence and ability to adapt to evolving conditions in launching IoT malware attacks.
Cybercriminals are targeting legacy vulnerabilities, with 34 of the 39 most popular IoT exploits specifically directed at vulnerabilities that have existed for over three years. The biggest receiver of these attacks has been manufacturing, followed by oil & gas, Power grids and maritime.
Secured Managed Services and Ai will play a key role in the future of cyber security; however, it remains that it’s not the task of the security team alone. It’s an effort by everyone working within those organisations.
Join CISOs, Heads of OT and ICS Security from Saudi Arabia on 26th Feb 2024, Dammam, Saudi Arabia to discuss key challenges and opportunities in OT, IOT Cyber Security for Critical Infrastructure and key sectors at OTSEC Summit, Workshop.