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Kaspersky Lab’s New Survey Found 65 Percent Of Companies Are Worried About IoT

PYMNTS

Kaspersky Lab , the security company, announced Tuesday (June 26) a new “State of Industrial Cybersecurity 2018” survey, which found that 65 percent of organizations globally believe that OT/ICS security risks are more likely with IoT over the next year.

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IoT Security Solutions To Hit $6B By 2023

PYMNTS

According to the researcher, smart home IoT security spending will be less than 17 percent of the consumer market in 2023. In contrast, IoT smart energy security spending is predicted to reach $1 billion annually in 2023. While this is a step in the right direction, action needs to go further to keep up with the pace of digitalization.

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