80-90% Rise In Malware Afflicting IoT Devices When Compared To 2018, States Kaspersky

 Any smart device connected to the internet is an Internet-of-Things (IoT) device and is thus at risk of a cybersecurity threat, as per Kaspersky. With the enormous use of such devices worldwide, the risks of such devices getting hacked are unimaginable and that calls for even better security measures. 

Kaspersky, during the Fraud and Breach Summit in Bengaluru, stated that there has been an 80-90% rise in the overall number of malware threats afflicting devices in 2019 when compared to that of 2018.  

Addressing this potential issue during the summit, Shrenik Bhayani, General Manager for South Asia at Kaspersky stated, “The cyber-threat landscape has become scarier than ever and this year, we have detected around 3,70,000 malware a day including an exponential increase (an 80-90% jump in the number of threats compared to last year) in cyber threats to IoT devices.” 

“Our overall focus still remains on how to respond better after deploying all the technologies. With the evolving cybersecurity market, we are also evolving in terms of our enterprise solution part and further strengthening our service portfolio,” Bhayani added. 

The Fraud and Breach summit addressed a wide variety of topics ranging from cyber defense with incidence response plan, automation and cloud security, digital payments and fraud, data protection framework, dark web and investigations, phishing and email fraud, block-chain applications for fraud prevention, threat intelligence and artificial intelligence and much more, and had some of the best technology experts in these domains address some of the key pressing issues concerning cybersecurity. 

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