Research released today, reveals that only around half (48%) of businesses can detect if any of their IoT devices suffers a breach, despite companies having an increased focus on IoT security.
The research by Gemalto found that spending on protection has grown (from 11% of IoT budget in 2017 to 13% now) and nearly all (90%) believing it is a big consideration for customers.
Jason Hart, CTO, Data Protection at Gemalto said: “Given the increase in the number of IoT-enabled devices, it’s extremely worrying to see that businesses still can’t detect if they have been breached,”
“With no consistent regulation guiding the industry, it’s no surprise the threats – and, in turn, vulnerability of businesses – are increasing. This will only continue unless governments step in now to help industry avoid losing control.” He added.
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