Like a giant tsunami or earthquake, IT security pundits are predicting that the world will be hit by a cataclysmic infrastructure cyberattack within the next five years – according to the findings of a report by IoT security specialist Pwnie Express. Pwnie’s 2018 ‘Internet of Evil Things’ survey amongst nearly 500 IT security professionals reveals that the threat of a massive attack outweighs concerns over security issues surrounding IoT and the inherent vulnerability of IT devices.
Nonetheless, the interconnectivity of an ever-growing number of gadgets, gismos and everyday items – such as smart plugs, cars, watches, bulbs, thermostats, locks and toothbrushes – is also creating plenty of security headaches. Despite this growing concern, it seems that fewer of those surveyed are carrying out formal checks on their wireless devices and only a third have systems in place for IoT threat detection.
The research also reveals that concern over IoT security appears to outweigh action. Apathy and complacency is playing into the hands of hackers. SMOs are better prepared than large organisations. The biggest concern amongst businesses is loss of face. Better interconnectivity between senior management and their CISOs would certainly help.