Cybercrime is rising worldwide, across industries. In October 2021 a global cloud communications company reported losses exceeding $9 million due to a distributed-denial-of-service (DDoS) attack. In that same time period, the manufacturing sector saw a 641% increase in application-layer DDoS attacks over the previous quarter.
While some data breaches are caused by weaknesses in an organization’s virtual perimeter that allow hackers to exploit software vulnerabilities, a growing number sneak through connected IoT devices.