Cyber & Security
Emerging Technologies New Cyber Security Challenges?
There is no doubt that emerging technologies have the potential to change many industries forever. Indeed, they have already paved the way for revolutions in sectors such as health, transportation, finance, manufacturing and more.
The applications of emerging technologies range from life-saving robotic surgery that facilitates greater precision in complex surgery, to smart transportation systems that enable people and objects to move more safely and quickly using centralized systems that control autonomous drones, vehicles and road infrastructure.
Another emerging technology application is Blockchain, which allows people to perform trustless transactions securely. This technology has implications for traditional processes such as contracts, auctions, tenders and elections in both the public and private sectors, including government, insurance and real estate.
Factory 4.0 is an application with many goals, one of which is to automate the production floor through a labor-less system. The idea is to have a central system that uses big data and machine learning to facilitate remote control of the production floor.
Such emerging technologies have become a hot topic of discussion, especially when it comes to security and privacy.
In the healthcare, emerging technologies enable more and more medical devices to be connected in a network, allowing better control of the medical process. But doing so increases the attack surface and with it, the potential of getting hit by cyber-attack. In May 2017, the sector got a wake-up call when the Wannacry attack shut down activity at dozens of hospitals across England and Scotland, affecting up to 70,000 devices, including MRI scanners, blood-storage refrigerators and theatre equipment.
The transportation sector, specifically the intelligent transportation system, has similar risk factors. According to Gartner, there will be 250 million connected cars on the road by 2020. There have been a number of cyber-attacks against care manufacturers recently, including Tesla, which was hacked by Chinese hackers; Ford Fusion and Toyota Prius which lost control of their brakes; and Fiat Chrysler, which recalled 1.4 million cars that has been hacked.
Emerging technology in the finance sector is mainly focused on Blockchain technology. During 2017, Blockchain too suffered a number of cyber-attacks: Parity wallet was hacked; the Initial Coin Offering of startup CoinDash was manipulated to sends the donations to unknown hackers; and Tether’s tokens were stolen. All in all, the Blockchain community suffered impacts of ~ US$0.5B in 2017.
Machine learning, which is part of many aspects including industrial 4.0 and factory 4.0, raised security concerns during Nicolas Papernot’s presentation at the Deep Learning Summit in April 2017. The presentation covered adversarial attacks that are able to force the system to mispredict or fail to discover the required issue, and abuse whereby information from the system is exposed using disjointed datasets, such as records from different subsets of customer.
Protecting emerging technologies is complicated; overcoming the inherent cyber security challenges requires an in-depth basic defense approach that combines people, processes and technologies. Teams of security experts from different disciplines must work together to build a secured product and architecture, using advanced processes and technologies to create an holistic defense that will keep us one step ahead of potential attackers. By taking such a secured innovative approach, we will eventually be able to build a solid relationship with emerging technologies.