From 4.528% in 2001, the percentage of the Brazilian population with access to the internet rose sharply to 67.471% in 2017, as per the World Bank. Similarly, the numbers for Argentina stood at 9.781% in 2001 and 74.295% in 2017. The increasing penetration of the internet in South America has been followed by rapid digital transformation and the internet of things (IoT) revolution. An increasing number of companies are migrating their data to computer servers, while internet-connected sensors are being used in the region for smoother traffic and more-efficient industrial operations.
To deal with such cyber threats, numerous technology companies are entering the region with an array of cybersecurity solutions and services. Of these, solutions currently witness the higher demand on account of the rising adoption of comprehensive packages to thwart any intrusion attempt at networks and servers. The wide range of cybersecurity solutions available include identity and access management (IAM), risk and compliance management, security and vulnerability management, firewall, intrusion detection system (IDS)/intrusion prevention system (IPS), encryption, disaster recovery, unified threat management (UTM), distributed denial of service (DDoS) mitigation, web filtering, data loss prevention, and antivirus/antimalware.
The key trend in the South American cyber security market is the integration of such solutions with machine learning (ML) and artificial intelligence (AI). Along with encryption models, AI helps detect potential attacks and take action to prevent them. Further, by learning from such encounters, the AI component automatically scans the IoT environment and encrypted internet traffic for unusual patterns, thus improving the network security infrastructure. Similarly, in an age when the amount of data consumed is rising massively, ML is being leveraged to process and study the data to predict and identify anomalies, for better cyberattack analysis.
Due to such technological advancements, cybersecurity solutions are becoming popular in the region’s government, aerospace and defense, IT and telecom, banking, financial services, and insurance (BFSI), retail, healthcare, education, manufacturing, and hospitality sectors. Among these, aerospace and defense companies generate the highest demand for cybersecurity solutions and services owing to the rising investments in the field of cyber defense. Additionally, BFSI firms also require a robust cybersecurity infrastructure, as their servers hold massive amounts of consumers’ financial data, which is the first thing cybercriminals look for.
Thus, as digital transformation in the region attracts cybercriminals, the demand for effective cybersecurity solutions and services will rise here.
IoT refers to the Internet of Things.
It can change the world with its power.
IoT is impacting the world of business in various ways and this is the reason why demand for IoT course in Mumbai is on rise.
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With the traditional Machine-to-Machine (M2M) technology many advantages like incremental Network traffic, system integration for IT and asset efficiency played major role in the success of the technology.
M2M is the foundation of IoT but at the same side M2M and IoT are not same.
M2M is independent of IoT but IoT depends on M2M.
IoT took M2M to a different and an advanced level such that it brought together the distributed system at one large connected system.
As the technology touched every life, there came IoT where huge no.
of devices were there but “connected to internet.” From the recent research it has been known that there will be 30 billion devices by 2020 connected to each other with the help of internet.
