06 Aug Report | Dining With The Enemy: Part Two

Posted at 13:43h in Club Insights, Featured, Finance, Industry Report by
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Gartner has predicted that, by 2020, IoT technology will be in 95 percent of new product electronics designs.
IoT’s growth is very rapid, even for the computer industry. But that growth comes at a cost. The technology has not overcome what many believe to be rampant security vulnerabilities. As a result, Gartner says, through to 2022, half of all IoT security budgets will be spent on fault remediation, recalls and safety failures rather than protection.

Whether or not you are using or developing IoT products, every business must understand what the future holds in terms of these new security challenges, and the impact they could have on the IT department and the entire organisation.

In attempt to find develop this understanding, we asked: why should you put security at the centre of not just IT, but brand protection and customer experience? What is the best strategy to get this right in 2018 and beyond? How can you build the business case for these investments?

Inside you’ll find exclusive insights on:

  • How the law of unintended consequences came to GDPR
  • A call for a new global standard to govern the security of connected devices
  • Why we need to change the current way we talk about cyber security internally

 

All quotes and ideas have been anonymised, as per club rules, so please feel free to share the report with colleagues, or on LinkedIn if you’d like.