You’ve likely seen the overly bullish forecasts for the Internet of Things market — visions of upwards of 50 billion IoT devices deployed by 2020. Today, those projections have returned to earth — the latest numbers from major analyst firms range from 20 billion to 30 billion devices deployed by 2020.
More importantly, products and platforms deployed with very poor (or in many cases, nonexistent) data security led to malware injections, exposing payment data and temporarily taking down swaths of internet service. Pundits, vendors and end users all seem to agree: cybersecurity is IoT’s Achilles’ heel and building better data protection into existing and future networks is imperative.
Author: Supply Chain Dive