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...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.