In the year 2019, we witnessed a widespread adoption of the Internet of Things, or IoT. More homes and businesses are now equipped with IoT devices than ever before.
As a result of this widespread adoption, there were many predictions for what would happen with the IoT for the year 2020. However, few people, if any, foresaw Microsoft’s buyout of CyberX.
Despite the advances in IoT over the years, problems such as scalability, visibility, and managing security on current IoT devices (or brownfield devices) remains a major issue.
Microsoft’s takeover of CyberX aims to resolve two of the above problems. In this article, we will discuss the potential impact of this acquisition. We’ll also dive into how the acquisition may help companies to better understand their risks and how to mitigate them.
What Does Microsoft’s Acquisition of CyberX Mean?
Microsoft has shown a long-term commitment to the IoT. In 2018, the company announced a $5 billion investment into the sector. Now the company is taking things one step further with its purchase of CyberX
CyberX’s solution will work alongside Microsoft’s Azure IoT product. For those not familiar with Azure, it incorporates numerous features, including the ability to secure connections and protect cloud storage solutions commonly used in homes.