We Asked Executives About The Internet Of Things And Their Answers Reveal That Security Remains A Huge Concern

Concerns over security remain a big barrier to more widespread business adoption of the Internet of Things, according to a new BI Intelligence survey of technology executives.

The survey, conducted in the final quarter of 2014, asked executives to answer questions about the Internet of Things, or IoT.

The IoT will bring the internet to many formerly unconnected home appliances, office or warehouse equipment, and factory machines (e.g., sensors that will ping managers if there’s something wrong with a factory line.)

We found security to be one of the most consistent concerns, even as companies begin to implement IoT-based systems:

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Coupling this with past articles and reports, we found that the answers reflected the tenor of the general enterprise attitude toward the IoT: optimism tinged with some trepidation.

These findings reflect growing concerns over whether the IoT will expose large businesses to more disruptive and costly hacks. An earlier survey from the Harvard Business Review found that 46% of IoT early adopters faced obstacles with privacy and security compliance.

For full access to all BI Intelligence reports, briefs, and downloadable charts on the Internet of Things and mobile computing markets, e-commerce and internet services, sign up for a risk-free trial membership.

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