New data from Extreme Networks, Inc., reveals that IoT is barreling toward the enterprise, but organisations remain highly vulnerable to IoT-based attacks. The report, which surveyed 540 IT professionals across industries in North America, Europe, and Asia Pacific, found that 84% of organisations have IoT devices on their corporate networks. Of those organisations, 70% are aware of successful or attempted hacks, yet more than half do not use security measures beyond default passwords. The results underscore the vulnerabilities that emerge from a fast-expanding attack surface and enterprises' uncertainty in how to best defend themselves against breaches.
Key findings include:
* Organisations lack confidence in their network security: 9 out of 10 IT professionals are not confident that their network is secured against attacks or breaches. Financial services IT professionals are the most concerned about security, with 89% saying they are not confident their networks are secured against breaches. This is followed by the healthcare industry (88% not confident), then professional services (86% not confident). Education and government are the least concerned of any sector about their network being a target for attack.
* Enterprises underestimate insider threats: 55% of IT professionals believe the main risk of breaches comes mostly from outside the organisation and over 70% believe they have complete visibility into the devices on the network. But according to Verizon's 2019 Data Breach Investigations Report, insider and privilege misuse was the top security incident pattern of 2019, and among the top three causes of breaches.
* Europe's IoT adoption catches up to North America: 83% of...