Rising risks from accelerated use of unchecked IoT in enterprise

Posted under: Smart Technologies
Date: 2024-02-27
Rising risks from accelerated use of unchecked IoT in enterprise

Enterprises continue to embrace IoT strategies, from hospitals to manufacturers to public sector agencies. However, the acceleration in connected device deployment opens new windows for cybercriminals and exposes networks to potential breaches. Kenan Frager, VP of Marketing at Asimily, warns that vulnerable IoT devices continue to be a glaring cybersecurity weak spot for many enterprises. He opines that businesses are lured by the benefits the devices offer but do not take the necessary effort to check if such technologies are sufficiently secure. He further said, ‘Regardless of industry, an attack on IoT infrastructure can and will result in operational downtime, loss of IP, loss of revenue, and reputational harm.’ He notes that regulatory compliance adds another layer of pressure, with steep fines and sanctions looming for breaches that affect HIPAA, PCI DSS, NIST, SOC 2, and other increasingly stringent mandates.

Read more at: futureiot.tech