Why IoT Incidents hit harder than IT breaches The price of connectivity As the world embraces IoT technologies, the associated risks and vulnerabilities become increasingly prominent. Traditional IT incidents and IoT incidents differ not only in their nature but in the full spectrum of costs they impose on organizations. This paper examines these differences in detail, providing an analysis of the often-overlooked expenses specific to IoT incidents. By quantifying the economic impact of IoT security breaches and contrasting them with traditional IT incidents, we underscore the hidden financial repercussions IoT incidents can have across sectors. Financial ramifications and security gaps […]
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