Study predicts likely increase in smart installations raising major security and privacy implications for UK business infrastructure
Two fifths of all buildings face serious risk from cyber-attack according to the results of a new study from the UK Electrical Contractors’ Association (ECA).
The research carried out in conjunction with Scottish electrical trade body SELECT also found that half of respondents (49 per cent) said that the risk of hacking, and its impact on unsecured networks, posed a barrier to installing connected technology.
ECA warned the findings raise major security and privacy implications for the UK’s business infrastructure, particularly given the likely increase in smart installations over the coming years, and growth of cyber-attack as an effective tool to disrupt business and politics.
At present, only one fifth of the UK’s commercial buildings are considered to be smart. However, over the next four years, the global Internet-of-Things (IoT) market is expected to be worth over £1 trillion annually.
“These figures are very concerning, particularly when you consider the inherent risks in the modern day of not securing your business from hackers, said Steve Martin, head of specialist groups at the ECA. “Clearly this is an area which clients urgently need to address, given the anticipated growth in smart installations over the coming years.”
The Connected Technology Survey for Clients was conducted over a three-week period in November and December 2016. Overall, there were 229 responses to the survey, including from consultants, engineers, end clients, local authorities and facilities managers.
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