Only 14% of businesses have implemented even the most basic cybersecurity practices

#IoT #cybersecurity must be a vital and integral part of every organization’s strategic plan.

https://www.techrepublic.com/article/only-14-of-businesses-have-implemented-even-the-most-basic-cybersecurity-practices/

According to a 2018 report from security company Symantec, the number of Internet of Things (IoT) attacks increased from about 6,000 in 2016 to more than 50,000 in 2017, which translates into a 600% rise in just one year. IoT devices are increasingly the attack vector of choice for cybercriminals around the world. IoT is particularly popular for ransomware attacks and illegal cryptocurrency miners.

According to Verizon’s Mobile Security Index 2018, only 14% of the responding organizations said they had implemented even the most basic cybersecurity practices, with an astonishing 32% of these IT professionals admitting that their organization sacrifices mobile security to improve business performance on a regular basis. That general lax attitude toward cybersecurity goes along way toward explaining why IoT attacks have spiked 600% in one year.

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