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Report: Organizations say IoT devices pose ‘catastrophic risk’, then shrug

ID: 0a2e8fe1-23b5-5dca-a7d2-f78e7c8a2fd3

STIX ID: report--0a2e8fe1-23b5-5dca-a7d2-f78e7c8a2fd3

Feed Name: Security Ledger

Date Published: 2018-03-26

Date Updated: 2026-04-26

Author: Elizabeth Montalbano

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This article summarizes findings from a Ponemon Institute and Shared Assessments Program survey showing that most organizations view IoT-related incidents as potentially catastrophic but lack inventories, accountability, and monitoring for IoT devices and applications; it describes reliance on contractual controls, growing device counts, examples like the Mirai botnet, and five recommended steps (inventory, accountability, bridging risk assessment and leadership, monitoring, and collaborative solutions) to reduce third-party IoT risk.

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