Trend Micro Survey Confirms A Disregard for the Risk of an IoT Breach and Finds Loss of Trust As Biggest Potential Consequence
LONDON–()– Trend Micro Incorporated ( TYO: 4704; TSE: 4704), a global leader in cybersecurity solutions, today released survey findings that show businesses are most concerned about losing customer trust in the event of an Internet of Things (IoT) related cyber attack, however they remain unprepared. The survey, which was issued to 1,150 IT and security decision makers across the globe, 1 indicates major discrepancy between the investment in IoT systems and security to protect them.
As the growing number of connected devices opens businesses up to additional cyber threats, close to half (43%) of IT decision makers and security decision makers say that security is an afterthought when implementing IoT projects (peaking at 46% in Germany). In addition, while nearly two-thirds (63%) agree that IoT-related cybersecurity threats have increased over the past 12 months (rising to 71% in the UK and the US), only about half (53%) think connected devices are a threat to their own organisation (75% in Japan).