Tag: Spincer Koh
The age of security convergence
May 16, 2018Spincer Koh
According to IHS forecasts, the IoT market will grow to an installed base of 75.4 billion by 2025, with analysts predicting security and industrial asset management among the biggest drivers. In fact, asset protection is of increasing global importance, especially as cybercrime continues to be on a meteoric rise.In 2017 alone, the annual cost of cybercrime hit $600 billion worldwide, fueled by the growing sophistication of hackers, the proliferation of criminal marketplaces and cryptocurrencies and...