New Research Shows IoT and OT Innovation is Critical to Business but Comes with Significant Risk
This blog explores the security risks inherent with IoT/OT and concludes adoption is critical even with the security challenges. In addition, it provides a link to a collaborative report from Microsoft and the Ponemon Institute highligting data on the state of IoT and OT security from a customer's perspective. Read the blog for a review of the research and quantified findings.
The adoption of IoT and OT is viewed as essential for future business success, with 68% of respondents indicating that senior management recognizes its importance for driving innovation and strategic goals. Despite the security risks associated with these technologies, many organizations prioritize their implementation to advance business interests.
Security Concerns in IoT and OT
Organizations face significant security challenges with IoT and OT devices, as 55% of respondents believe these devices are not designed with security in mind. Additionally, 60% consider IoT and OT security to be one of the least secured aspects of their infrastructure, leading to increased risks as they connect more devices to the internet.
Many organizations struggle with visibility into their IoT and OT assets, with only 29% reporting a complete inventory of devices. Furthermore, 42% lack the ability to detect vulnerabilities in these devices, and 61% have low confidence in identifying compromised devices, highlighting the need for improved monitoring and management solutions.

New Research Shows IoT and OT Innovation is Critical to Business but Comes with Significant Risk
published by Monreal IT
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