Cyber security risks hyped up by Intel Security

NSA whistleblower Edward Snowden, an analyst with a U.S. defence contractor, is pictured during an interview with the Guardian in his hotel room in Hong KongA report from Intel Security – or in other words McAfee – has warned of a world where we’re constantly bombarded by cyber attacks and security threats.

As Intel Security (McAfee) has a vested interest in selling people security products, it would say so though, wouldn’t it?

In its annual report on the state of cyber terror, McAfee Intel now reckons that by 2020 there will be 31 billion connected devices.

And we face threats from not only crazies who want fame and notoriety but also from state sponsored crazies who want to exploit vulnerabilities in the fabric of nations. Intel Security has produced a chart to frighten the daylight out of those who generally feel insecure.

Cyber Security 2015

Intel Security said that the internet of things is just beginning to be exploited and believes “it is only a matter of time” until IoT threats are widespread.

It said that cybercrime is now a “fully fledged industry” with suppliers, markets, service providers, financing, trading systems and the rest. The annual cost of cybercrime to the world economy is now estimated to be $400 billion.