Gartner Research

Address Cybersecurity Challenges Proactively to Ensure Success With Outsourced IoT Initiatives

Published: 06 May 2015

ID: G00273558

Analyst(s): DD Mishra , Earl Perkins

Summary

Cybersecurity and privacy concerns are the biggest inhibitor to adopting the Internet of Things. Sourcing executives must review cybersecurity policies to accommodate the rapid adoption of the IoT and by working closely with procurement teams, create an approved list of IoT providers.

Table Of Contents
  • Impacts

Analysis

Impacts and Recommendations

  • Existing cybersecurity policies and procedures will undergo changes to support adoption of the IoT introducing new cybersecurity challenges for sourcing executives
  • Increased competition will drive enterprises toward rapid adoption of IoT with shorter procurement and sourcing cycles, leaving less time for sourcing executives to address cybersecurity
  • Due to competitive pressures, mushroom growth of suppliers and faster supply chain expectations, many IoT products will have vulnerabilities around risk, cybersecurity, privacy and compliance — thereby increasing complexity for sourcing executives

Gartner Recommended Reading

©2019 Gartner, Inc. and/or its affiliates. All rights reserved. Gartner is a registered trademark of Gartner, Inc. and its affiliates. This publication may not be reproduced or distributed in any form without Gartner’s prior written permission. It consists of the opinions of Gartner’s research organization, which should not be construed as statements of fact. While the information contained in this publication has been obtained from sources believed to be reliable, Gartner disclaims all warranties as to the accuracy, completeness or adequacy of such information. Although Gartner research may address legal and financial issues, Gartner does not provide legal or investment advice and its research should not be construed or used as such. Your access and use of this publication are governed by Gartner’s Usage Policy. Gartner prides itself on its reputation for independence and objectivity. Its research is produced independently by its research organization without input or influence from any third party. For further information, see Guiding Principles on Independence and Objectivity.

Already have a Gartner Account?

Purchase this Document

To purchase this document, you will need to register or sign in above

Become a client

Learn how to access this content as a Gartner client.