As the IoT ecosystem continues to grow, so does the importance of securing those IoT networks. According to Gartner, spending on IoT security solutions will reach $631 million. This is a significant leap from $91 million, which was spent in 2016, and this annual global spending statistic shows that IoT solutions are headed for a massive boom within the next decade.
According to Gemalto, another worrying stat, 48% of businesses admit that they cannot detect IoT security breaches on their network. Nearly half of the companies that use IoT can’t identify when their network is compromised. As more businesses invest in IoT technology, we can only hope that this number decreases.
In this PodChats for FutureIoT, we speak to Pieter Danhieux, the Co-Founder and CEO of Secure Code Warrior about the state of IoT security.
1. Let’s frame our discussion first: where can we find IoT technologies in a typical enterprise in Asia?
2. What are prevailing misconceptions about IoT security?
3. From your perspective, should leaders be concerned about IoT security?
4. Where should senior leadership begin the discussion of IoT security?
5. What should be the key considerations for revisiting the security of their IoT infrastructure?
6. What about the skills/know-how around IoT security? Do we hire or outsource?
7. What preconceived ideas should leaders set aside when discussing IoT security?
