In the B2B sector, cyber security presents a significant obstacle to IOT adoption, say experts.
If the two worlds of IOT and cyber security can successfully converge and develop comprehensive solutions, we could see IOT spending increase by as much as 40%.
The trouble comes in that cyber security is not simply an add-on. Rather, it is a foundational element required to unlock the vast and varied capabilities of the IOT., notes that poor cyber security strategies have created vulnerabilities that make adoption difficult. For example, studies have shown that there exists a significant disconnect between IOT buyers and providers when it comes to the importance of digital trust and privacy.
David Farquharson, CEO of iONLINE Connected Networks, agrees that the journey towards an interconnected IOT environment is a collective responsibility. Together, the IOT and cyber security sectors can create a resilient ecosystem where users can take full advantage of smart technologies, while keeping sensitive data safe. The IOT environment of the near future will comprise billions of connected devices communicating through heterogeneous operating systems, networks and platforms, using cloud-based data storage and cloud-native programming.
Cyber Security IOT David Farquharson Ionline Connected Networks
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