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

Image Source: Shutterstock

Image Source: Shutterstock

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

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.
MoviePass Leaves Credit Card Numbers, Personal Data Exposed Online
Kelly Sheridan, Staff Editor, Dark Reading,  8/21/2019
New FISMA Report Shows Progress, Gaps in Federal Cybersecurity
Curtis Franklin Jr., Senior Editor at Dark Reading,  8/21/2019
Register for Dark Reading Newsletters
White Papers
Video
Cartoon
Current Issue
7 Threats & Disruptive Forces Changing the Face of Cybersecurity
This Dark Reading Tech Digest gives an in-depth look at the biggest emerging threats and disruptive forces that are changing the face of cybersecurity today.
Flash Poll
The State of IT Operations and Cybersecurity Operations
The State of IT Operations and Cybersecurity Operations
Your enterprise's cyber risk may depend upon the relationship between the IT team and the security team. Heres some insight on what's working and what isn't in the data center.
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2019-13139
PUBLISHED: 2019-08-22
In Docker before 18.09.4, an attacker who is capable of supplying or manipulating the build path for the "docker build" command would be able to gain command execution. An issue exists in the way "docker build" processes remote git URLs, and results in command injection into the ...
CVE-2019-15325
PUBLISHED: 2019-08-22
In GalliumOS 3.0, CONFIG_SECURITY_YAMA is disabled but /etc/sysctl.d/10-ptrace.conf tries to set /proc/sys/kernel/yama/ptrace_scope to 1, which might increase risk because of the appearance that a protection mechanism is present when actually it is not.
CVE-2019-15326
PUBLISHED: 2019-08-22
The import-users-from-csv-with-meta plugin before 1.14.2.1 for WordPress has directory traversal.
CVE-2019-15327
PUBLISHED: 2019-08-22
The import-users-from-csv-with-meta plugin before 1.14.1.3 for WordPress has XSS via imported data.
CVE-2019-15328
PUBLISHED: 2019-08-22
The import-users-from-csv-with-meta plugin before 1.14.0.3 for WordPress has XSS.