84% of organizations in APAC region have already experienced an IoT-related security breach according to a recent study. Attacks on IoT deployments can derail projects, increase project costs, reduce stakeholder confidence and expose vital data to misuse. Since many projects are still at a nascent stage, paying attention to security is not just important but is a downright necessity.
Research by multiple analyst firms has also shown that security is the key factor for unlocking value and demand from IoT deployments.