IoT Security

Raghu Kondapalli, Vice President of Architecture, Axiado Corporation Gopi Sirineni, President & CEO, Axiado Corporation This year, the worldwide security spending exceeded $300 billion1. While many attacks stem from hostile inside collaborators or accidental publishing of valuable data, the great majority of the breaches result from inadequate security measures. These attacks can be avoided. Despite all the investments to prevent breaches, the total number of attacks is increasing at an alarming rate. On average, there are 4,000 ransomware attacks per day2 (62% increase in 2020 from the previous year3), and the average cost for every breach has reached $4.24 million4. Read More