Middle East consumers lack confidence in IoT device security; Gemalto
Survey confirms serious concerns around IoT security and a support for government-mandated IoT security regulations
Digital security service provider Gemalto has revealed that 81% of the Middle East consumers view security as a key consideration while using Internet of Things (IoT) devices and support government regulations.
The survey indicated that 67% are concerned over data leakage and 65% are concerned that hackers could control their IoT devices. Additionally the survey pointed out the need for an awareness on IoT technology among both consumers and businesses, as out of 78% consumers owning IoT devices, only 21% are knowledgeable when it comes to the security of these devices.
However when investing in security, the survey showed that manufactures and service providers spend only 12% of their IoT budget on securing such devices.
Furthermore 55% of Middle East organisations encrypt all data it captures or stores via IoT devices with 47% encrypting the data as soon as it reaches their IoT device, while 44% as it leaves the device.
All Middle East companies reported that they also see an increase in sales or product usage after implementing IoT security measures.
Sebastien Pavie, regional director META, Enterprise & Cybersecurity at Gemalto, said: "It's clear that both consumers and businesses in the Middle East have serious concerns around IoT security and little confidence that IoT service providers and device manufacturers will be able to protect IoT devices and more importantly the integrity of the data created, stored and transmitted by these devices.
"With legislation like NESA showing that governments are beginning to recognise the threats and long-lasting damage cyber-attacks can have on everyday lives, they now need to step up when it comes to IoT security. Until there is confidence in IoT amongst businesses and consumers, it won't see mainstream adoption."