Fahmida Y. Rashid writes:
Cyberattacks against connected devices having an impact on the physical world is not yet a commonplace occurance, but are very much in the realm of possibility. Hijacked medical devices may be unable to dispense life-saving drugs, or a connected car could receive instructions to crash itself and potentially injure the human passenger inside.
Changes in the regulatory climate could have CEOs and other senior executives being personally liable for not adequately securing connected systems Gartner said. By 2024, as many as 75 percent of CEOs could be held liable for data breaches if it is found that the incidents occured because the organization did not focus on cybersecurity or invest sufficiently in security, and a security breach or incident led to actual physical consequences, the research firm said in a research note.
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