The Internet of Things (IoT) is rapidly changing the technology landscape as we know it. Businesses worldwide are leveraging IoT for benefits such as seamless collaboration, access to comprehensive data and the ability to make stronger business decisions based on insights derived from substantial data. Experts estimate the total number of installed IoT-connected devices worldwide to amount to 30.9 billion units by 2025.
However, as we know, all that glitters is not gold. Due to the exponential growth of the number of IoT devices, the increasing amount of sensitive data these devices handle and their ability to function with minimal human intervention, the doors have been left wide open to high-level cybersecurity risks. IT professionals consider about 60% of IoT devices to be vulnerable to medium- or high-severity attacks.