UK invests £36m in hack-resistant chips as part of £50m cyber-security boost

By Chandu Gopalakrishnan for SC Media
Friday, October 18, 2019

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However, this particular deal between the government and ARM Holdings has limited scope in tacking the problem, said ImmuniWeb founder and CEO Ilia Kolochenko.

"First of all, the number of attacks and exploitation vectors that are reliably addressable on a hardware level remains pretty narrow. In addition, the time UK business require to migrate to the new hardware platforms will be quite long, making attackers enjoying their impunity for the time being," he said.

Most of the cyber-attacks are caused by incomplete or outdated inventory of digital assets, and a vast majority of businesses in the UK and abroad is unaware of the location of their data, the number of applications or APIs they have, or the number of mobile devices connected to their internal networks, he explained.

"That is a root cause of the problem, and deserves urgent attention and mitigation. Therefore, I’d urge investing in a supplementary cyber-security initiative that's aimed at bringing visibility of data and assets to UK businesses." Read Full Article