"Debunking Three Myths about Hardware Security"

It is suggested that government agencies consider hardware-enabled approaches in addition to software-based solutions to bolstering security against cybercriminals. The number of shipments for hardware supporting digital authentication and embedded security in 2024 will double that of 2019, as it is expected to reach 5.3 billion. The market for hardware security modules will exceed $2 billion by 2027, an increase from nearly $828.3 million two years ago. However, these advancements have primarily been considered for uses such as protecting classified networks through cross-domain solutions. However, state-sponsored attacks target more than just classified networks, which calls for more powerful tactics to combat them. Hardware-enabled security alternatives can help significantly, but there are myths that hinder the widespread adoption of hardware security. The myths are that hardware security is too niche, difficult, and expensive. This article discusses the myths associated with hardware security and the need for government agencies to pursue alternative security solutions to counter rapid advancements in attack methods. 

NextGov reports "Debunking Three Myths about Hardware Security"

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