Just 42 percent can detect an IoT breach, the second lowest in Europe. This comes despite a year-on-year increase in spending on IoT security.
EfficientIP’s annual Threat Report has revealed the average UK business suffered eight cyberattacks last year, the second highest in Europe, and a quarter of UK firms take a week or more to install a patch after a vulnerability notification.
This annual report looks at the technical and behavioral causes for the rise in Domain Name System (DNS) threats, their potential effects on business, and suggests straightforward and rapid remedies. Encompassing 1,000 global respondents and conducted by research firm Coleman Parkes, sectors surveyed include Communications, Education, Finance, Healthcare, Manufacturing, Public Sector, Retail, Services, Transportation, and Utilities.
David Williamson, EfficientIP CEO, said it was time for businesses to do something about the problem.
“Businesses are taking a huge gamble leaving their defences wide open in an environment that is essential to staying competitive but also becoming increasingly hard to manage. This is beyond vendor patches and bug fixes. Users and administrators have to employ a security model beyond a basic firewall as a matter of urgency."
The long-term solution can lie within a network's Domain Name System (DNS). DNS security tools can go to work once compromised networks are identified. They can arm ISP administrators with access to tools to rectify their networks, while helping to identify and update compromised hardware, in turn disrupting the structure of the botnet itself. Securing the base network on which the IoT devices are running is an essential first line of defence against attacks and mitigating risks.