What is the current state of cyberattacks?
Cyberattacks are on the rise, with the FBI Internet Crime Complaint Center reporting a record 847,376 complaints in 2021, marking a 7% increase from 2020. The potential losses from these incidents exceeded $6.9 billion, with common issues including phishing, identity theft, data breaches, and ransomware.
Why is hardware-based security important?
Hardware-based security is crucial as it provides defenses below the operating system, addressing vulnerabilities that traditional software solutions cannot. This approach helps mitigate risks associated with firmware attacks and enhances overall endpoint security, particularly as many employees work from home and face increased threats.
How can organizations enhance their cybersecurity posture?
Organizations should adopt a chip-to-cloud security strategy that integrates hardware, firmware, and software. This layered approach ensures that security is built into devices from the ground up, allowing for better protection against current and future cyber threats, including those targeting firmware and supply chains.