The Internet of Things (IoT) is one of the greatest forces driving technology today. According to Statista, the number of IoT devices is expected to reach 1.2 billion by the end of 2018. That number will grow to over 20 billion by 2020, per Gartner’s estimates, with more than 65 percent of enterprises deploying IoT products at that time.
Such growth in IoT poses a risk to organizations. More devices means potentially more vulnerable products that digital attackers can infect with malware like Mirai and enlist in distributed denial-of-service (DDoS) attacks. In total, Gartner predicts that a quarter of all identified attacks against enterprises will involve IoT by 2020.
With security obviously a major consideration with the Internet of Things, Tripwire decided to survey Black Hat USA (BHUSA) attendees to determine how they felt about IoT security.
Overall, Tripwire discovered that IoT security weighed heavily on the minds of survey respondents. Sixty percent of those that participated in its survey said they were more concerned about IoT security in 2018 compared to the previous year. More than a quarter (28 percent) revealed they weren’t more or less concerned but clarified that they were still concerned.
When asked to attribute their concern to specific issues surrounding consumer IoT security, BHUSA attendees ranked the exposure of personal data highest. Botnets and network compromise weren’t far behind, with physical safety and device ranking placing lowest.
Such concerns weren’t unfounded. Twenty-one percent of those surveyed said they found an IoT device on their home network or work network that had been compromised or involved in a breach. An additional 14 percent said they suspected an issue with one of their IoT products but admitted they weren’t sure.
*** This is a Security Bloggers Network syndicated blog from The State of Security authored by Ray Lapena. Read the original post at: https://www.tripwire.com/state-of-security/security-data-protection/iot/concern-over-iot-security-grew-for-most-bhusa-attendees-in-past-year-reveals-survey/