Maintain resilience against cybercrime

They had targeted to steal approximately $1 billion from the bank’s coffers but got away with $101 million, that was quickly reduced to $81 million after $20 million was reversed. The hackers locked the bank’s system for a while, thus giving time for the loot to be wired from the Federal Reserve Bank of New York all the way to Rizal Commercial Banking Corporation in the Philippines.

We are all grateful for the universal access to information that Internet has provided since the 1980s. The increasingly ubiquitous nature of Internet, and all the emerging technologies associated with it, has in many ways been a blessing to mankind. However, alongside its benefits, there is the dark side to the Internet of Things. Shortly after the Internet was officially born in 1983, a good number of words had not seeped into the Internet space.