Cybersecurity Economic Costs and Trends
The estimated economic cost of global cybercrime in 2019 surpassed one trillion USD, and is forecast to continuously rise exceeding 10 trillion USD by 2028. Enterprises are faced with IT and OT system breach at unprecedented scale from cyber criminals and APT threat actors. IoT devices account for more than 30% of enterprise network endpoints. Mission critical infrastructure including healthcare, energy and transportation, and industrial systems, dependent on digital systems, are increasingly vulnerable to cybersecurity threats directed at IoT platforms. Responding to these impacts, global cybersecurity requirements for IoT systems, such as the EU Cyber Resilience Act, are driving manufacturers to incorporate defense in depth measures in new products, and to retrofit existing products, to meet these requirements.
Manufacturers may have limited visibility of software components and their origin. An assessment process is required to provide SBOM manifest and security assurance into customer supply chains, for government procurement, and to meet major market regulatory requirements.
The nature of IoT cybersecurity CVEs, CWEs and Mitigation measures include:
Security Risks
- Endpoint breach and lateral movement
- Data Exfiltration
- Firmware Malware Wipers
- Ransomware
- Botnet takeover
- LOTL Attack Credential Compromise
- Critical service Disruption
Risk Mitigation Measures
- ESAS proactive security assessment, remediation, and monitoring
- Supply chain integrity and SBOM chain of custody
- AUTHN Authentication
- AUTHZ Authorization and Access Control
- Unique device credentials
- POLP Privilege Downgrade
- Data at Rest encrypted data privacy
- Data in Flight secure communication protocols
- Root of Trust
- Integrity mechanisms to Protect, Detect, and Recover
Security Review and Planning
Cybersecurity requires expert knowledge and best practice experience. From data-in-flight to data-at-rest, Cypherbridge delivers comprehensive solutions for your application. With our diverse SDKPac software portfolio, we can assist with planning, system threat analysis and tradeoff, and identify solutions to meet security requirements.
Find out how you can level up your enterprise security and response with the Cypherbridge ESAS Software Assurance Service
SDKPac uTLS and uSSH SDKs provide authentication and security at the application level, and for many embedded systems are the right solution. Some applications call for the security solution to be embedded in the TCP/IP stack, and our uVPN SDK offers a unified solution combining IKE and IPsec network encryption including SPD policies that define IP, port and protocol based traffic flows. uVPN encrypts network traffic insuring a high level of network security.
The SDKPac uFile SDK provides encrypted file systems for applications including HIPPA and blocking data exfiltration.
The Cypherbridge uLoadXL SDK provides root of trust for the IoT platform security foundation. It secure boots the platform, code sign and verify the system application. It includes safe software update mechanisms with encrypted firmware images, with multi-image management, to protect, detect and recover for higher system integrity and availability.
The SDKPac EST client integrated solution provides scalable software lifecycle IAM and PKI credentials from on-boarding to long haul device management.