As many companies are increasingly digitising their operations and adopting the internet of things platforms, software security experts warn of an increase in cyber crime. Digital transformation is a significant focus for innovation and investment, triggering the creation of millions of new companies and is one of the drivers of the internet of things, which will see 50-billion devices connected to the internet by 2020, according to information technology giant Cisco. The internet of things is a network of objects or devices — or "things" — that have embedded technology to enable them to interact with each other. It includes security systems, thermostats, electronic appliances, home lighting, medical devices, cars and traffic lights. Most cars are installed with tracking devices that, among other things, monitor driving patterns. The information is sent to service providers such as insurance companies. Sensors, which are becoming a big element of the internet of things, are being in...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Times Select.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now