Today’s Internet of Things (IoT) adopters have grave concerns for the security of their devices and networks according to research carried out by IMC (the International IoT M2M Council). Commissioned by Pod Group, the provider of platforms, software and connectivity services for the IoT, the study results also unveil a growing demand for dedicated IoT security solutions.
The study, which questioned over 20,000 IoT adopters including IT, operations and product development managers as well as Board-level decision-makers from across the globe, found that security is by far the biggest challenge to IoT deployments (over 50% of respondents claimed this, in fact). IoT adopters are also overwhelmingly concerned about security threats to their IoT devices, with nearly 70% of respondents saying they were very or extremely concerned about IoT security.
This stark level of concern is reflected in an increasing interest in implementing additional IoT-specific security solutions. While only a quarter of respondents are currently using additional dedicated IoT solutions, a further quarter are actively looking for such solutions and the majority (43%) are presently considering them.
For further peace of mind, IoT adopters would also like to have access to in-depth security information. The survey found that half of all respondents would like to see in-depth analytics and custom reports, while a further 45% said they would like to obtain security information in a simpler format.
Anna Stergioula, head of security at Pod Group, commented: “As more companies move towards digital transformation and embrace the IoT and the applications it enables, growth rates of IoT adoption look set to spiral. With this marked growth comes a number of challenges and risks. According to the latest report by Subex, a leading software and security solutions provider, cyber attacks on IoT devices increased by 13% while recce attacks were up 22% on the previous quarter. As the results of the IMC survey demonstrate, security is currently front of mind for IoT adopters and their concerns are not unfounded.”
Stergioula added: “IoT devices are notoriously difficult to secure because their basic interfaces cannot support simple network security features. However, robust IoT-specific security solutions offer organisations the assurance that their network and their devices are protected with the most advanced and scaleable monitoring and threat detection tools. Security need not be a barrier to the adoption of IoT technology.”