Dark Reading is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Vulnerabilities / Threats

7/18/2017
10:00 AM
Dawn Kawamoto
Dawn Kawamoto
Slideshows
100%
0%

IoT Security Incidents Rampant and Costly

New research offers details about the hidden - and not so hidden - costs of defending the Internet of Things.
Previous
1 of 9
Next

Internet of Things breaches and security incidents have hit nearly half of the companies that use such devices, and the cost to deal with these attacks is usually more than traditional breaches, according to recent survey results.

In two separate reports, each of the studies found that 46% of respondents report they suffered a security breach or incident as a result of an attack on IoT devices.

One survey, released this month by IDC, queried approximately 100 IT security, IT operations, and other C-level suite executives, while another, released in June by consulting firm Altman Vilandrie & Co., gathered data from approximately 400 IT executives in 19 countries.

Not only are the costs associated with securing IoT devices expected to rise in the coming years but they are also expected to account for as much as of a third of the IT spending budget, according to Altman Vilandrie. The vast majority of IDC survey respondents say the cost to address IoT security incidents and breaches tends to run more than the cost of fixing traditional breaches and incidents.

Here is a breakdown of the combined results. 

 

Dawn Kawamoto is an Associate Editor for Dark Reading, where she covers cybersecurity news and trends. She is an award-winning journalist who has written and edited technology, management, leadership, career, finance, and innovation stories for such publications as CNET's ... View Full Bio
 

Recommended Reading:

Previous
1 of 9
Next
Comment  | 
Print  | 
More Insights
Comments
Oldest First  |  Newest First  |  Threaded View
LindsayW718
50%
50%
LindsayW718,
User Rank: Apprentice
7/26/2017 | 5:25:42 AM
Great emphasis
IoT is really just THE internet - information has become more powerful than intangible knowledge, but is proactively leading change. As work will inevitably transcend office-commute-home cycles, security by design cannot be limited to the company, but the person too. Organisations like CybSafe have integrated this thinking into their training.
When It Comes To Security Tools, More Isn't More
Lamont Orange, Chief Information Security Officer at Netskope,  1/11/2021
US Capitol Attack a Wake-up Call for the Integration of Physical & IT Security
Seth Rosenblatt, Contributing Writer,  1/11/2021
IoT Vendor Ubiquiti Suffers Data Breach
Dark Reading Staff 1/11/2021
Register for Dark Reading Newsletters
White Papers
Video
Cartoon
Current Issue
2020: The Year in Security
Download this Tech Digest for a look at the biggest security stories that - so far - have shaped a very strange and stressful year.
Flash Poll
Assessing Cybersecurity Risk in Today's Enterprises
Assessing Cybersecurity Risk in Today's Enterprises
COVID-19 has created a new IT paradigm in the enterprise -- and a new level of cybersecurity risk. This report offers a look at how enterprises are assessing and managing cyber-risk under the new normal.
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2020-25533
PUBLISHED: 2021-01-15
An issue was discovered in Malwarebytes before 4.0 on macOS. A malicious application was able to perform a privileged action within the Malwarebytes launch daemon. The privileged service improperly validated XPC connections by relying on the PID instead of the audit token. An attacker can construct ...
CVE-2021-3162
PUBLISHED: 2021-01-15
Docker Desktop Community before 2.5.0.0 on macOS mishandles certificate checking, leading to local privilege escalation.
CVE-2021-21242
PUBLISHED: 2021-01-15
OneDev is an all-in-one devops platform. In OneDev before version 4.0.3, there is a critical vulnerability which can lead to pre-auth remote code execution. AttachmentUploadServlet deserializes untrusted data from the `Attachment-Support` header. This Servlet does not enforce any authentication or a...
CVE-2021-21245
PUBLISHED: 2021-01-15
OneDev is an all-in-one devops platform. In OneDev before version 4.0.3, AttachmentUploadServlet also saves user controlled data (`request.getInputStream()`) to a user specified location (`request.getHeader("File-Name")`). This issue may lead to arbitrary file upload which can be used to u...
CVE-2021-21246
PUBLISHED: 2021-01-15
OneDev is an all-in-one devops platform. In OneDev before version 4.0.3, the REST UserResource endpoint performs a security check to make sure that only administrators can list user details. However for the `/users/` endpoint there are no security checks enforced so it is possible to retrieve ar...