Fortinet Forecasts 2017 Cybersecurity Trends in Cloud, Internet of Things

cybersecurityFortinet predicts cyber threat actors to exploit approximately 20 billion internet of things-based endpoint devices in order to perform attacks on cloud environments as well as obtain money from victims through ransomware in 2017.

The threat research team under the company’s FortiGuard Labs expects consumers, vendors and industry groups to call for the implementation of security standards that aim to hold IoT device manufacturers accountable for security breaches, Fortinet said Monday.

“The need for accountability at multiple levels is urgent and real affecting vendors, governments, and consumers alike,“ said Derek Manky, global security strategist at Fortinet.

“Without swift action, there is a real risk of disrupting the progress of the global digital economy,“ Manky added.

The report forecasts cyber criminals to use autonomous, “human-like“ malware to perform cyber attacks as well as target building automation and management systems in the coming year.

Fortinet also cited the potential risks posed by the shortage in cyber professionals to countries and organizations that seek to operate in the digital economy.

You may also be interested in...


CGI Granted FedRAMP Authorization for Momentum Enterprise Suite

CGI announced on Friday that its Momentum enterprise suite software as a service (SaaS) has been authorized for the Federal Risk and Authorization Management Program (FedRAMP) by the Joint Authorization Board (JAB), enabling the company to work within the cloud at federal agencies. JAB granted CGI the authorization after a six-month certification process.


Keysight to Deliver Kits for USAF’s Automatic Test Station

Keysight Technologies has secured a five-year, $39.8 million contract to provide the U.S. Air Force with tools needed to support automatic testing. USAF will gain access to Keysight's test and measurement products for Versatile Diagnostic Automatic Test Station updates and production activities.

USS John C. Stennis

HII to Begin USS John C. Stennis Carrier Modernization Work

Huntington Ingalls Industries is set to commence a four-year project to modernize the USS John C. Stennis nuclear powered aircraft carrier at the company's shipyard in Newport News, Virginia. The CVN 74 supercarrier will be the seventh ship of the U.S. Navy's Nimitz class to undergo a midlife refueling and complex overhaul process, HII said Thursday.