In an increasingly breach-shy, but connected world, 90% ofconsumers lack confidence in Internet of Things security; and sometwo-thirds of consumers and almost 80% of organizations supportgovernment-set IoT guidelines.

Amsterdam-based digital-security firm Gemalto revealed in areport, “The State of IoT Security” that both consumers andbusinesses have serious concerns around IoT security and little confidence that IoTservice providers and device manufacturers can protect IoT devicesand more importantly the integrity of the data created, stored andtransmitted by these devices.”

“With legislation like GDPR showing that governments arebeginning to recognize the threats and long-lasting damagecyberattacks can have on everyday lives, they now need to step upwhen it comes to IoT security. Until there is confidence in IoTamongst businesses and consumers, it won't see mainstreamadoption,” Jason Hart, CTO, Data Protection at Gemalto said.

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Roy Urrico

Roy W. Urrico specializes in articles about financial technology and services for Credit Union Times, as well as ghostwriting, copywriting, and case studies. Also: writer/editor of a semi-annual newsletter for Association for Financial Technology since 1997 and history projects funded by the U.S Interior Department, National Park Service and Warren County (N.Y.).