The IoT security opportunity: turning defence into attack

The GSMA Intelligence IoT Enterprise Survey Q4 2018 revealed that security (along with integration with legacy systems and cost) is a top three IoT deployment challenge. Enterprises have high demands of the IoT ecosystem, expecting security to be a core capability of an IoT solution and relying on specialist third-party security consultants to address their security concerns. By 2025 IoT security revenue will account for a small proportion of overall IoT revenue, as security is often taken for granted or deemed a hygiene factor. However, the relatively low revenue contribution understates the actual importance of security given that it is an all-or-nothing factor.