Despite the burgeoning IoT market, organizations made limited progress on IoT security in 2018, according to a new report from Gemalto. Though there is evidence of incremental improvements, security measures are being outpaced by the rapid growth of IoT, which is on track to hit 20 billion devices by 2023.
“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,” said Jason Hart, CTO, data protection at Gemalto, in a press release. “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.”
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