Widely reported concerns surrounding the security of IoT devices and their potential to be used to launch attacks against the wider business appear to be sinking in. While many companies remain lacking when it comes to IoT security, the average spend on security as a percentage of IoT budgets has increased since last year.

Perceptions towards IoT security have changed quite notably over the past year, with confidence in IoT as a secure foundation dipping significantly. Businesses are also moving away from the idea of IoT security as a tick-box affair designed to attract customers, as associating action on the matter with an appropriate ethical response.

Which of the following best describes how your organisation sees IoT security?

Despite being a key attack surface, not all businesses can tell when a breach has occurred. Only just under half of organisations know when any of their devices have been breached, while 10% have no way of telling if any of their IoT devices have been penetrated.

Can your organisation detect when an IoT device has been breached?

Keeping IoT devices secure isn’t always easy – and many companies face a host of barriers to successfully securing their devices. Leading the way are concerns about data security, privacy and management, but there are also issues around the careful balance between user experience and effective security practices.

What challenges does your organisation see with trying to secure IoT products/services?