New Opportunities, New Risks:

The Internet of Things and

Business Innovation

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The Internet of Things is expected to

grow to approximately 50 billion things

by 2020.

Source: 2014 Mid-Year Security Report, Cisco

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information on each slide.

The Internet of Things is creating

unprecedented opportunities for both

individuals and organizations to gain

greater value from networked

connections among people, processes,

data and things. Source: Blog, Cisco

There is greater potential that more

personal information and business data

will exist in the cloud.

With that comes significant implications for

applying proper security to protect the data

and establishing privacy policies.

Source: Blog, Cisco

According to the Ponemon Institute, the

average cost of an organizational data

breach was US$5.4 million in 2014, up

from US$4.5 million in 2013.

Source: 2014 Mid-Year Security Report, Cisco

The Center for Strategic and International

Studies’ Estimating the Cost of Cyber

Crime and Cyber Espionage report

estimates that US$100 billion is lost

annually to the US economy, and as

many as 508,000 US jobs are lost,

because of malicious online activity.

Source: 2014 Mid-Year Security Report, Cisco

New Risks

• IoT devices spreading malware26% voiced a concern that these devices could spread malware

to companies, or be the subject to denial-of-service attacks

• PrivacyWhen adversaries reach a point where they begin correlating

information from different sources, they will be able to gain a

much bigger picture about users

• Forgotten assetsThe pressing concern of the growing population of abandoned

and unmanaged Internet-connected devices

Cisco security researchers found that

malicious traffic was visible on 100

percent of the networks sampled.Source: 2014 Mid-Year Security Report, Cisco

To combat these threats across the entire

attack continuum — before, during, and

after an attack, organizations need

pervasive protection across a broad range

of attack vectors. Source: Blog, Cisco

New Opportunities

• Visibility-drivenThe more we see, the more we can correlate information and apply

intelligence to make better decisions and take action

• Threat-centricReal-time security intelligence can be delivered from the cloud and

shared across all security solutions to detect and remediate threats

• Platform-basedSecurity requires an integrated system of agile and open platforms that

cover network devices and the cloud

More about opportunities and risks

in this new era:

Download the Cisco Annual Security Report 2015