Mesmerized with digital technology, many people are deploying IoT devices today at their living andwork spaces at a rapid pace; but they often pay scant attention to the security of these systems.Unpatched and unmonitored IoT devices present attackers with opportunities to infiltrate networks.Meanwhile, the advent of network-based ransomware cryptoworms eliminates the needfor the human element in launching ransomware campaigns. And for some adversaries, the prize isn’t ransom, but destruction of systems and data.Self-propagating malware is dangerous and has the potential to take down the Internet, according to Cisco threat researchers.
Adversaries are also becoming more adept at evasion—and weaponizing cloud services and other technology used for legitimate purposes. Cybercriminals are also adopting C2 channels that rely on legitimate Internet services like Google, Dropbox, and GitHub. The practice makes malware traffic almost impossible toidentify.In this context, securing our future in a fully digitalized atmosphere appears to be an uphill task. In this challenging environment, mitigating cyber risks in financial services and prevention of data leakage are paramount. So, is the holistic look at cyber security in the IOT Era. While preventive measures are utmost important, digital forensic dynamics play a key role in investigating and prosecution of cybercriminals. Thus, the sixth annual Cyber Security Summit explores our path towards a secure digital future