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HOW TO PROTECT YOUR ENTERPRISE IOT NETWORK FROM RANSOMWARE ATTACKS
Ali Muzaffar at Heriot-Watt University Dubai examines the convergence of ransomware and IoT devices and the unique challenges of insecure IoT ecosystems . He proposes robust solutions for securing these endpoints against the growing threat of ransomware attacks .
As the world becomes increasingly interconnected , the Internet of Things , IoT is not just changing how we live and work but also paving the way for a more efficient and convenient future . IoT devices are becoming integral to our lives , from smart homes and wearable devices to industrial control systems and healthcare technologies .
However , this era of pervasive connectivity also poses significant cyber security risks , especially ransomware attacks . According to Kaspersky Anti-Ransomware Day
Report findings of 2022 and 2023 , there has been a 30 % global increase in the number of targeted ransomware groups compared to 2022 , with the number of known victims of their attacks rising by a staggering 71 %.
Ransomware is not just a global menace , it ' s an urgent call to action . This type of malware encrypts
The Middle East ’ s rise in IoT adoption has also led to increased cyber threats , which necessitate immediate action to protect its ecosystem .
victims ’ data , demanding payment before it can be decrypted . According to the Cybersecurity Ventures
2023 report , global ransomware damages will hit $ 26 billion by 2026 , underlining how costly and imminent this attack is .
The Middle East ’ s rise in IoT adoption has also led to increased cyber threats , which necessitate immediate action to protect its ecosystem . The region has seen
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