IoT Comes with Its Share of Risks and Threats

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These characteristics of IoT will help you understand why risks and threats are prevalent:

  1. The IoT does not depend on human intervention to function.
  2. Multiple devices through an interconnected network collect, communicate, analyze and act on data.
  3. A lot of sensitive data gets shared through IoT devices.

Here are some numbers to quantify the dangers caused by unchecked IoT adoption:

  • As of December 2020, DDoS attacks for the year approximated 10 million—the most DDoS attacks ever in a single year.
  • Over 95% of all IoT device traffic is unencrypted.
  • About 72% of organizations experienced an increase in endpoint and IoT security incidents last year and 56% of organizations anticipate a compromise via an endpoint or IoT-originated attack within the next 12 months.
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