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HP today released results of a study revealing 70 percent of the most commonly used Internet of Things (IoT) devices contain vulnerabilities, including password security, encryption and general lack of granular user access permissions.
With the rise of IoT, the number and diversity of connected devices is expected to increase exponentially. According to Gartner, the Internet of Things will include 26 billion units installed by 2020. IoT product and service suppliers will generate incremental revenue exceeding $300 billion, mostly in services, in 2020.
This spike in demand is pushing manufacturers to quickly bring to market connected devices, cloud access capabilities and mobile...