Phishing scams and ransomware attacks may be grabbing the headlines, but for the financial sector lost or stolen mobile devices were the leading cause of data breaches over the last decade.
Christophe Jolly of Cisco France took the stage at FIC 2016 to outline the fundamental security problems in the looming "internet of everything".
As this year's Slush conference opens, securing The Internet of Things has become a hot topic with many of the exhibiting companies tackling the issue head on.
When the UK's Data Protection Act (DPA) was instigated in 1998 almost all data was generated, consumed and stored on company owned and managed equipment.
The department for Business, Innovation and Skills (BIS) has lost 83 smartphones and 17 laptops over the past five years.
The challenge of hyper-connected devices and the 'internet of things' will see billions of devices connected by the end of this decade, and all need to be secured.
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