Oyster Bay, New York - 25 Oct 2012
The growing presence of mainstream M2M solutions within critical information infrastructure such as utilities, healthcare, and finance is creating a headache for service providers and critical infrastructure operators who see the benefits of added connectivity and are just waking up to the potential security threats. This problem will become a critical issue in the coming months due to the ever-growing number of cyber-attacks directed against the banking and energy companies such as HSBC, Saudi Aramco, RasGas, and Telvent.
M2M networks are vulnerable to the same threats affecting all telecommunications networks: denial of service attacks, man in the middle hacks, illegal interception, and covert surveillance. More disturbingly, new cyber warfare tactics aimed at causing the failure of critical infrastructure are a very real danger which should not be underestimated.
“As M2M continues to play a growing role within critical infrastructure, network security will become incredibly important moving forward,” says Michela Menting, senior cyber security analyst. “Security needs to be considered not just at the application level, but also at the network level, because it only takes one single weak entry point to compromise the whole infrastructure.”
Those M2M vendors building their core strengths around security will be the big winners in the long run, as the demand for encryption technologies and multi-layered security escalates. ABI Research shows that the global market for M2M network security will be worth $752 million by the end of 2017. This includes revenues for transmission security, physical security, and service level agreements.
These findings are part of ABI Research’s M2M Service Delivery Platforms, M2M Services and Modules, Mobile Security, and Cyber Security Research Services which include additional Competitive Analyses, Vendor Matrices, Market Data, and Insights.
ABI Research provides in-depth analysis and quantitative forecasting of trends in global connectivity and other emerging technologies. From offices in North America, Europe and Asia, ABI Research’s worldwide team of experts advises thousands of decision makers through 70+ research and advisory services. Est. 1990. For more information visit www.abiresearch.com, or call +1.516.624.2500.
About ABI Research
ABI Research provides strategic guidance to visionaries, delivering actionable intelligence on the transformative technologies that are dramatically reshaping industries, economies, and workforces across the world. ABI Research's global team of analysts publish groundbreaking studies often years ahead of other technology advisory firms, empowering our clients to stay ahead of their markets and their competitors.
ABI Research提供开创性的研究和战略指导，帮助客户了解日新月异的技术。 自1990年以来，我们已与全球数百个领先的技术品牌，尖端公司，具有远见的政府机构以及创新的贸易团体建立了合作关系。 我们帮助客户创造真实的业务成果。
For more information about ABI Research's services, contact us at +1.516.624.2500 in the Americas, +44.203.326.0140 in Europe, +65.6592.0290 in Asia-Pacific or visit www.abiresearch.com.
Asia: +65 6950.5670