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IT leaders could be dangerously underestimating the security risks posed by IoT, according to new research from Trend Micro. The security vendor polled 1150 IT and security decision-makers in the UK, Germany, the US, Japan and France.

Companies are still leaving basic security flaws and points of entry wide open for hackers to exploit.

With more than 3,500 researchers worldwide, 3,500 vulnerabilities discovered and publicly disclosed, and more than $15m paid to researchers to date, Trend Micro’s Zero Day Initiative (ZDI) is one of the world’s largest supplier-agnostic bug bounty programme.

Developers have long been chasing the dream of being able to write an application once and having it run anywhere. Despite valiant attempts over the years, we’ve never quite succeeded.
After a 20-year career in the U.S Secret Service, Ed Cabrera joined Trend Micro in 2015, where he is now the Chief Cybersecurity Officer, working with organizations to help improve cybersecurity. Among the multiple challenges faced by enterprises around the world are ransomware and Business Email Compromise (BEC) attacks, which represent a more immediate form of risk than other forms of attack that are not quickly monetized by attackers.