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Businesses could face cyber attacks due to unsecured IoT devices: Report

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A report by U.S.-based research firm Ponemon Institute L.L.C. and the Shared Assessments Program found that 97% of risk professionals believe businesses could face a significant cyber attack due to unsecured Internet-of-things devices, Gigabit reported. The report found that the number of IoT devices in the workplace is expected to increase 56% to 24,762 this year from 15,874 in 2017. A report by U.S.-based research firm Gartner Inc. found that 20% of organizations experienced one or more IoT hacks within the past three years.

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