In the end how much Internet of Things cost of high security?

Accurate, the next five years, the cost of Internet of Things equipment to protect the safety of each substance would it be? Global IT research and consulting firm Gartner in the Internet of Things industry analysis report predicts that by 2016, global Internet access equipment It will reach 6.4 billion and will increase to 20.8 billion in 2020. The research firm MarketsandMarkets expects that in 2020 the global Internet of Things security market will grow from 2015’s 6.89 to 28.9 billion US dollars, that is, from 2015 to 2020 compound annual growth rate (CAGR) of 33.2%.

So we can see that the cost of security for each Internet of Things device about $ 1 per year.

According to Gartner, by 2016 the world will add a daily average of 5.5 million Internet of Things equipment, including automobiles, kitchen appliances, smart TV, smart watch, factory equipment, digital cameras, pet collars, electronic toys, medical equipment, wearable device, etc., the list goes on.

When a device is connected to the Internet, it needs to be protected and PC, laptops, tablet PCs, smart phones, as security and defense needs.

Recent FBI a public service ads display, because these devices lack security and defense capability, but also easy to repair vulnerabilities, coupled with weak consumer safety awareness, so that hackers can take advantage of. In fact, criminals can take advantage of these opportunities to attack other systems remotely, send spam, or malicious software, steal personal information and threats to personal safety and so on.

It is predicted that by 2020, the scale of the global network security market will increase in 2015 from 75 billion to 170 billion US dollars. Internet of Things security has occupied 9% of the entire field of network security, and by 2020, this figure will increase to 16%.

Who should carefully consider this account?

First of all, every chief information security officer (CISO) the need to better control what type of equipment is suitable for access to the corporate network, and how much they will cost to Internet of Things calls to maintain their safety.

Second, venture capital is being sought Internet of Things security start-up companies. These start-up companies need to prove that the current number of Internet of Things devices, and how high their future security costs.

Once again, the financing of Internet of Things security startup investors. VC need to understand the cost of security and the basic market conditions for each Internet of Things device, which is very important.

US $ 1 for each device is only the beginning, is to specify the order should properly be needed for each device to measure how much it costs. For CISO, Internet of Things start-up companies or VC, this figure may change based on their forecasts.

Internet of Things secure the city case hoe spread over multiple industries, automotive safety is a typical example.

US Alliance of Automobile Manufacturers, said that with more and more cars to rely on on-board computer systems to assist safe driving and navigation, network security has become one of the priorities of the industry, and the industry is constantly strengthen vehicle safety features. According to market intelligence firm ABI Research data show that the focus is now moving from the car, the driver and passengers to safety provide physical security defense network attacks. ABI a report last year noted that by 2020, there will be more than 2 million built-in security software, Internet of Things technology into the automotive market. GoPro Hero4 Silver as the camera not only do the camera, took a bunch of those in extreme sports Youtube the video continuously on grass to the hearts of men when, GoPro camera is not the fight itself the hardware level. With the movement culture as the core, wrapped in relatively good hardware and accessories, GoPro sports camera industry wants to do is “Red Bull”, once GoPro truly synonymous with the “camera movement”, and all newcomers, no matter how cheap. Performance more prominent, we have had to face a lot of problems of the domestic class Red Bull drinks facing users to buy or not buy you you depends entirely on how much you like “Red Bull.”