close
Share with your friends

Security and the IoT ecosystem

Security and the IoT ecosystem

When it comes to the Internet of Things (IoT), you can believe the hype. In fact, IoT will likely be even bigger than most people think.

1000

Related content

Security and the IoT ecosystem

Security, privacy and trust

As the Internet of Things (IoT) rockets up the business agenda, technology firms are competing fiercely to stake out a leadership position in this burgeoning growth market. But success in the IoT space will take more than slick applications, connected devices and advanced analytics; it will also require a robust approach to security, privacy and trust.

 

An immediate need to drive future opportunity

According to Security and the IoT ecosystem, tech firms and IoT service providers will need to work quickly, diligently and decisively to address security, privacy and trust concerns before they turn into problems. Those that fail to do so will have a difficult time growing in this new environment.

“Key concepts around IoT security, privacy and trust must be front-and-center for tech firms and IoT solutions developers,” Gary Matuszak, KPMG’s Global Chair Technology, Media & Telecommunications, “The ‘upside’ to cyber is coming. In fact, before too long we expect to see organizations turn cyber security prowess into real revenue opportunities by, for example, monetizing identity and usage patterns. But this, too, will come with its own inherent risks and rewards.”

© 2020 KPMG Huazhen LLP, a People's Republic of China partnership, KPMG Advisory (China) Limited, a limited liability company in China, KPMG, a Macau partnership and KPMG, a Hong Kong partnership, are member firms of the KPMG global organisation of independent member firms affiliated with KPMG International Limited  ("KPMG International"), a private English company limited by guarantee. All rights reserved. The KPMG name and logo are registered trademarks or trademarks of KPMG International.

 

For more detail about the structure of the KPMG global organisation please visit https://home.kpmg/governance.

Connect with us