Gemalto: A look at what’s in store for IoT security

New data shows that IoT stakeholders are making progress when it comes to securing the Internet of Things (IoT) and the data it produces, but still have a long way to go. In order to assess the current situation globally, Gemalto surveyed 950 IT and business decision makers with awareness of IoT in their organisation. The results indicate a shift in attitudes towards IoT security. Seeking change According to respondents, IoT security is not a priority, but Australian organisations want to do better. While just 12% of Australian companies are devoting their IoT budgets to security, 87% said they believe security is a major consideration for their customers and almost all (98%) believe that a strong approach to IoT security is a key competitive differentiator.Three predominant security tools emerged as the top methods Australian organisations are using to secure their IoT data/services/devices.