Only 37% of “high performer” organizations monitor the risk of IoT devices used by third parties, and current IoT risk-management programs can’t keep pace, study said.
Image: Getty Images/iStockphoto
Most organizations are unaware of what tracking and safeguarding their third-party Internet of Things (IoT) vendors have in place, according to the fourth annual IoT study by the Ponemon Institute and Shared Assessments. The report provided new insight into the growing deployment of IoT devices across supply chains and the ensuing risk.
Professionals whose main responsibilities lie in their organization’s third-party risk-management (TPRM) were surveyed, giving insight into the state and “mind-set” of business in regards to TPRM.
SEE: Research: Why Industrial IoT deployments are on the rise (TechRepublic Premium)
Improvement needed
It’s also very evident that there is an “acute need for IoT risk management improvement,” because an organization’s current…
