In the UK, the average per capita cost of a data breach in the transportation industry is £72 per data record – meaning that if 10,000 data records are lost or stolen, it could cost an organisation £720,0001. With that price tag in mind, it’s imperative that companies take all of the necessary steps to reach reliable, secure network connectivity.
Network security is especially important when organisations are deploying IoT solutions, many of which are comprised of hundreds of thousands of end points transmitting data in enormous quantities. As a growing number of players enter the IoT space, security is no longer viewed as a differentiation, but as an expectation.
Download KORE’s “5 Considerations for IoT Security” eBook to help your business understand the fundamentals of a secure and scalable IoT solution. We cover key IoT security trends and recommendations, initial steps to ensure a successful and secure IoT deployment, as well as key considerations and questions to ask during each step.
1 https://www.statista.com/statistics/483057/per-capita-cost-of-data-breach-by-industry-uk/