Only 48% of businesses can detect if any of their IoT devices suffers a breach, according to Gemalto.
This comes despite companies having an increased focus on IoT security:
- Spending on protection has grown (from 11% of IoT budget in 2017 to 13% now)
- Nearly all (90%) believing it is a big consideration for customers
- Almost three times as many now see IoT security as an ethical responsibility (14%), compared to a year ago (4%)