Edge computing, a technology that brings computation and data storage closer to data sources, is rapidly expanding beyond traditional data centers. This decentralized model helps reduce latency and can enhance application performance by shortening the distance between users and servers. According to IDC, global spending on edge computing is projected to rise to $232 billion in 2024, with sustained growth expected through 2027. Gartner’s Thomas Bittman highlights three primary use cases: low latency requirements, cost-effective local data processing, and unreliable network connections. Industries like manufacturing, energy, retail, and finance are leveraging edge computing for applications ranging from predictive maintenance to high-frequency trading. However, widespread adoption faces challenges, including security risks and vendor market fragmentation. Implementing a zero-trust architecture and fostering collaboration between IT and OT stakeholders are strategies to address these barriers.

Computing and storage are moving to the edge, and IT needs to be ready CNBC

Andrew Harris, a cybersecurity expert, identified a critical flaw in a Microsoft cloud application that allowed attackers to impersonate legitimate users and access sensitive data without detection. Despite Harris' persistent pleas to address the vulnerability, Microsoft prioritized business interests over security, particularly due to its bid for a massive federal cloud computing contract. The flaw eventually became a key vector in the notorious SolarWinds cyberattack, where Russian hackers exploited it to access U.S. government data. Microsoft publicly downplayed its responsibility and instead suggested that customers could have done more to protect themselves. Harris' account and ProPublica's investigation reveal the extent to which profit motives can influence security decisions at major tech companies.

Microsoft Refused to Fix Flaw Years Before SolarWinds Hack ProPublica

Microsoft's Vice Chair and President, Brad Smith, testified before the U.S. House Committee on Homeland Security, accepting full responsibility for security failures highlighted by the Cyber Safety Review Board related to two significant state-linked cyberattacks. The attacks included a People's Republic of China breach into Microsoft Exchange Online, compromising 22 organizations, and a Russia-linked intrusion targeting senior executives. Criticized for prioritizing market speed over security, Microsoft now plans to enhance security measures, including linking executive compensation to security goals and hosting a CISA briefing. Smith acknowledged the increasing sophistication of nation-state cyber threats and emphasized the company's critical cybersecurity role.

Microsoft will take full ownership for security failures in House testimony Cybersecurity Dive

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