THE STATE OF IOT SECURITY, 2018
of businesses report that IoT will be important to their business within two years.
EVERYONE’S INVESTED. FEW ARE PREPARED.THE PROMISE:
MISCONCEPTION: IOT SECURITY IS TOO EXPENSIVE.
THE PROBLEM:
92%
The least-prepared companies face exponentially greater risk:
businesses report security as their top concern about embracing IoT.8 in 10
6x 4.5x6xmore likely to
experience IoT-based DDoS attacks
more likely to experience data
breaches
more likely to experience malware or ransomware attacks
ProductLimitations
36%Not Ready
47%
Too Expensive61%
CODE SIGNING
ProductLimitations
48%Not Ready
55%
Too Expensive52%
CERTIFICATESToo Expensive
ENCRYPTION
65%
Not Ready42%
ProductLimitations
23%ENCRYPTION
GROWINGREVENUE
ENHANCINGCUSTOMER
EXPERIENCE
INCREASINGOPERATIONALEFFICIENCY
Top IoT priorities for surveyed businesses:
ENCRYPTING ALLSENSITIVE DATA
ENSURING DEVICE DATA INTEGRITY
(AUTHENTICATION)
IMPLEMENTINGSCALABLESECURITY
SECURING OVER-THE-AIR UPDATES
UTILIZINGSOFTWARE-
BASED KEY STORAGE
TOP 5PRACTICES OF THE TOP-TIER
25% reported at least
$34 MILLION in IoT security-related losses in the last two years.
LEARN MORE AND GET TIPS ON HOW TO SECURE YOUR IOT DEVICES AND CONNECTIONSDOWNLOAD THE FULL REPORT AT: www.digicert.com/state-of-iot-security-survey*DigiCert State of IoT Survey, 2018
REALITY: IT'S TOO COSTLY TO IGNORE.Percentage of respondents who faced at least one security incident in 2018.
IOT-RELATED SECURITY LOSSES
Percentage of companies experiencing losses.
14%
59%
5%
59%
3%
43%
4%
40%
16%
31%
LOSTPRODUCTIVITY
MONETARY DAMAGES
LOSTREPUTATION
LEGAL/COMPLIANCE
PENALTIES
STOCK PRICE
Top-tier
Bottom-tier
SECURITY INCIDENTS
Percentage of companies experiencing each incident.
12%
69%
15%
68%
10%
62%
7%
44%
DATABREACHES
MALWARE OR RANSOMWARE
UNAUTHORIZED ACCESS/CONTROL
OF IOT DEVICES
DENIAL OFSERVICE ATTACKS
Top-tier
Bottom-tier
of the bottom-tier enterprises experienced at least one security incident.100%
TOP TIER VS BOTTOM TIERWe divided respondents according to how they are doing with IoT security.
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