Major Uptick in IoT-Related Breaches and Attacks

Researchers have identified a significant uptick in breaches and attacks related to the internet of things (IoT), according to a new Ponemon Institute report, The Third Annual Study on Third Party IoT Risk: Companies Don’t Know What They Don’t Know.

Released today by the Santa Fe Group, the study yielded 35 key findings on IoT risks stemming from a lack of security in IoT devices. Ponemon Institute identified a sizable increase in the number of organizations reporting an IoT-related data breach. In 2017, only 15% of survey participants had suffered an IoT-related data breach. That number jumped to 26% in this year’s report, which surveyed 625 risk management and governance experts.