Unsecured IoT devices pose major security risk

New research from the Ponemon Institute and risk assurance body Shared Assesments reveals a high level of concern among organizations about the security of IoT, yet a gap in understanding of how to mitigate and communicate the risks, especially as it relates to third parties. The study of 553 individuals in industries such as financial services and healthcare reveals that 76 percent say a DDoS attack involving an unsecured IoT device is likely to occur within the next two years. In addition, 94 percent of those surveyed say that a security incident related to unsecured IoT devices or applications could… [Continue Reading]