• by Chuck Martin , February 19, 2020

The use of Internet of Things technology in businesses is increasing but so are the risks, according to a new study.

While 84% of businesses use IoT in their organizations, 80% say they are concerned about their organization’s network in terms of cyberattacks or breaches.

A majority (56%) see the risk as originating outside their organization and 17% mostly inside, according to the study, comprising a survey of 540 technology professionals conducted by Extreme Networks.

For IoT devices, 49% use the pre-set passwords they come with and 49% take incremental or specific measures to secure them.

Nearly half (46%) of businesses say there have been attempts to hack their IoT devices and 25% say their IoT devices have been targeted and successfully hacked.