According to analytical data from Gartner, over ten billion IoT devices are currently being used worldwide today - rapidly approaching 20B by 2020, and many of them have already fallen victim to cybercriminals.
To stay secure, devices must have up-to-date software, without which they may contain unpatched security vulnerabilities that may allow exploitation of the device and its data by attackers.
Connected devices by 2020
New Smarthome devices in 2019
Global worth of IoT tech by 2025
To stay secure, devices must have up-to-date software, without which it may contain unpatched security vulnerabilities that may allow exploitation of the device and its data by attackers. Phosphorus provides secure software updates & alerts for all the devices in your home or office. With Phosphorus you can reliably patch & update in a timely fashion & receive alert's for an insecure configuration.
We're creating a technology that aims to secure hundreds of devices within multiple verticals.
The manufacturing industry's total IoT spend in 2016 was $178 billion (and growing), which is more than twice as much than the second largest vertical market (in IoT spend), transportation.
Inside every manufacturing plant, aboard every oil rig, and near most any large municipal water facility, there are thousands of devices that control a variety of functions and protect the safety of products and personnel. It's important to map and identify which of these devices are the most vulnerable on your network.
The market for the internet of things in the healthcare industry is growing steadily, with applications ranging from remote monitoring to medication adherence.
The large number of devices, coupled with the sheer volume, velocity and structure of IoT data, creates challenges, particularly in the areas of security, data, storage management, servers and the data center network, putting real-time business processes at stake.
Within the financial sector, mobile devices, chip-enabled credit cards, and biometric identity verification tools serve as the conduit of information for IoT in financial services. Keeping these devices and systems up to date is crucial when securing your customer and employee data.
An estimated 80% of IoT devices are vulnerable to a wide range of cyber attacks. Standalone devices such as lighting systems, alarm systems and kitchen appliances introduces numerous cyber security risks. More and more devices will be introduced to the market in the next few years and it's important to keep every device that's within your home secure.