In a connected world, securing your IoT device is not only the smart choice, but a choice that is no longer optional. The number of products being shipped each year is growing rapidly and so is the level of interest in them. According to analysis from cybersecurity provider Kaspersky, the first half of 2021 saw 1.5 billion attacks on smart/IoT devices — double the number from the previous half-year — while the impact of the cost of cybercrime is predicted to reach $10.5 trillion by 2025.
That means device manufacturers are under increasing pressure to assure their customers their product is secure. That can be a challenge because security is complex, and it takes time, resources and expertise to implement. As a result, it is often overlooked in favor of encouraging innovation and reducing time to market. The question is, at what cost?
Download this whitepaper to:
- Get a detailed view of the financial and reputational losses associated with insecurity.
- Learn the relationship between insecurity and uncertainty.
- Gain real solutions to reduce upfront security costs.
- Learn how to gain actionable insights to build trust with your customer.