94% believe unsecured IoT devices could lead to ‘catastrophic’ cybersecurity attack
Security is hands down the greatest challenge currently facing the Internet of Things (IoT), but just how big are the stakes? According to a recent Ponemon Institute survey, released Wednesday, 94% of risk management professionals believe that a security incident resulting from unsecured IoT devices “could be catastrophic.”
The report, jointly released by the Ponemon Institute and the Shared Assessments Program, was built on the responses of 553 individuals from various industries. The Internet of Things (IoT): A New Era of Third Party Risk takes a look at the concerns around third-party risks in IoT security, and what business leaders are doing to address it.
As part of the survey, respondents were asked about their awareness and preparedness for the growth of enterprise IoT. They were also asked about their perception regarding third-party integration risks, and what practices they were putting in place to manage their own security. Read more…