As digital threats loom large, manufacturers and security integrators are uniting to fortify the defenses of physical security systems. Discover how these industry players are navigating varied complexities and helping safeguard end users in the evolving realm of cybersecurity.
In an increasingly interconnected world, where the boundaries between the physical and digital realms continue to blur, the imperative of cybersecurity has become paramount. Nowhere is this more evident than in the design and deployment of physical security products and systems, where the very technologies that are supposed to protect us are under constant threat from the hidden world of cyber adversaries.
Manufacturers and security integrators find themselves at the forefront of this battle, tasked not only with delivering cutting-edge security solutions but also with fortifying their products against relentless cyber threats. The stakes could not be higher. Cybersecurity Ventures estimates the cost of global cybercrime will hit $8 trillion in 2023 and will grow to $10.5 trillion by 2025. This amounts to the greatest transfer of economic wealth in history, is exponentially larger than the damage inflicted from natural disasters in a year, and will be more profitable than the global trade of all major illegal drugs combined, according to the publication’s 2022 Cybercrime Report.