Phil Beecher , President and CEO , Wi-SUN Alliance , said : “ Data privacy concerns have gone up , understandably , with more legislation putting the spotlight on data protection . Since our last study , stricter privacy laws have increased pressure on organisations to protect sensitive data . This includes the GDPR in Europe and various state-level laws in the US .
“ Among our survey respondents , we saw that concerns were higher in the UK , where over half ( 53 %) of organisations include secure data collection in their IoT strategies compared to just a third ( 34 %) in the US . IoT initiatives , such as smart metering , streetlighting and those using environmental , air quality and acoustic sensors , are increasingly generating huge volumes of data and while this information may be made entirely ‘ secure by design ’, the risks remain .”
Industry reports suggest a growing number of attacks on IoT devices over the last two years leading to the theft of confidential data and the launch of DDoS attacks . Mirai is one of the most recognised IoT threats dating back to 2016 when it was used to compromise connected devices like routers to launch attacks on websites and networks . It is still used by malware developers to attack vulnerable systems , from manufacturing systems to critical infrastructure .
Beecher added : “ While obstacles remain , organisations will need to continue to overcome both technical and non-technical challenges with the support of the industry , including IoT solutions and device companies . With more than 90 % of our respondents recognising that they must invest in IoT over the next 12 months to remain competitive , failure to navigate these important issues is not an option .” p
IDC EXPECTS THE EUROPEAN IOT MARKET
TO CONTINUE TO DEVELOP AND EXPAND , THOUGH
AT A SLOWER PACE THAN BEFORE THE RUSSIA-
UKRAINE WAR .
www . intelligentcio . com INTELLIGENTCIO EUROPE 45