The rapid rise of the Internet of Things (IoT) demands a new look at security. With network vulnerabilities and the potential for industrial process interruption, companies need to develop new strategies to mitigate and manage cyber-risks.
The IBM Institute for Business Value Benchmarking Program worked with Oxford Economics to understand how organizations:
Identify and protect themselves against the cybersecurity risks posed by deploying the Internet of Things (IoT) in their operations/factories
Detect, respond to, and recover from IoT related cyber-security incidents; and
Measure the effectiveness of their risk and incident management capabilities.
We surveyed 700 executives in 20 countries across 18 industries in the industrial and energy and utilities sectors, who:
Have deployed or are in the process of deploying the IoT in their factories/ operations;
Have a point of view on security; and
Are using an Industrial Control System (ICS) and/or Supervisory Control and Data Acquisition (SCADA) system in their operations.
Read the full Internet of Threats report
View the Internet of Threats infographic
Our Thought Leadership team produces original, evidence-based research made accessible to decision-makers and opinion leaders. Principal for this project included:
Oxford Economics’ team is expert at applying advanced economic tools that provide valuable insights into today’s most pressing business, financial, and policy issues.
To find out more about our capabilities, contact:
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