Welcome to the digital world, where cellphones hold your entire life in its database, tablets have become the new spiral notebooks, and contactless transactions make your day-to-day norms feel like futuristic experiences. The Internet of Things (IoT) has genuinely taken the cyberworld by storm, simplifying and connecting everything in its path.
Nearly half of businesses say work-from-home policies have hurt their cybersecurity practices, according to Verizon’s 2021 Mobile Security Index, published Tuesday. The report includes findings from a survey of 856 professionals responsible for buying, managing and securing mobile and internet of things (IOT) devices for companies.
In the early days of the pandemic, many retailers quickly launched e-commerce stores for the first time. Others expanded their offerings, such as adding online ordering with curbside pick-up. Within only a few months, the pandemic accelerated the shift to e-commerce stores by five years. This points to the need for increased retail cybersecurity.
The Internet of Things (IoT) broadly refers to devices and equipment that are readable, recognizable, locatable, addressable and/or controllable via the internet. This incorporates physical objects communicating with each other including machine to machine, and machine to people. It encompasses everything from edge computing devices to home appliances, from wearable technology to cars. IoT represents the melding of the physical world and the digital world.
43% of enterprises say their AI and Machine Learning (ML) initiatives matter “more than we thought,” with one in four saying AI and ML should have been their top priority sooner.
50% of enterprises plan to spend more on AI and ML this year, with 20% saying they will be significantly increasing their budgets.
As we evolve our expectations regarding our current-day tech culture, “the cloud” is a term used by tech and nontech communities alike. Hearing the boomer and Gen Z generations both speak fluently about a concept that felt far-reaching not so long ago is a true testament to the accelerated pace our technology sector is experiencing. In the eyes of the consumer, the ability to back up to and access the cloud has become a must-have add-on to any of our gadgets. Storing pictures, music and documents has become the norm.
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