Fears over security, implementation hassles, training gaps top list of IoT adoption hurdles
Two-thirds of C-suite executives generally support Internet of Things (IoT) implementations, but many remain concerned about specific security and implementation issues that could slow the technology’s adoption at scale, according to new research from industry conference organizer Internet of Things World.
The Lowdown: In a survey of 100 enterprise IT decision-makers, the researchers found that one in three respondents (34 percent) feel implementing IoT technology is still a major challenge. Other top concerns include security (25 percent), initial purchase cost (17 percent), scalability (10 percent), and business buy-in (8 percent).
According to the study, 45 percent of companies are deploying IoT devices on a dedicated network to mitigate security risk. Nearly half (46 percent) are introducing training programs to improve system performance and limit vulnerability due to an oversight. Roughly two-thirds (64 percent) say they’re planning to train staff to fill more technical roles, while 62 percent say they plan to hire for roles such as data analyst or other technical titles.
Once IoT devices are deployed, execs turn their focus to security, with 68 percent saying they regularly update device firmware and software. Forty-three percent regularly check devices to see if physical access makes them vulnerable to hacking, while 35 percent encrypt data by default and 26 percent shut down IoT devices when not in use.
Asked about leveraging emerging technologies such as blockchain to improve security, respondents were evenly split between those who see blockchain as an effective way to improve security (29 percent) and those who see no benefit in introducing the technology into their environment (29 percent). Less than half of decision-makers (41 percent) plan to leverage 5G technology for IoT, opting to continue relying on their current wireless network.
The Buzz: “Cyber threats come from so many different directions for the modern enterprise,” said Zach Butler, director of IoT World. “So often the difference between being compromised and being secure is having done the checklist of best practices, like making sure every device has the latest software updates. Our research showed that, luckily, IoT executives are very aware of this reality.”