According to the PSA Certified 2022 Security Report, 90% of its technology decision-maker respondents have increased the importance placed on security in the past 12 months, making it one of their top three business priorities.

The annual report, now in its second year, surveyed 1,038 technology decision-makers across Europe, USA, and APAC. They found that a third of companies believe that the risk of IoT hacks has risen during the pandemic due to widespread distributed working. A further 31% of respondents identified cost as the major inhibitor from implementing more stringent security measures.

The desire for guidance is also higher than ever, with 96% of respondents saying they would be interested in an industry-led set of guidelines on IoT best practices – considerably higher than the 84% in 2021.

Security frameworks and step-by-step guides were ranked as the most useful tools for deploying secure products to market, underlining the critical nature of education and support in shaping a more secure IoT.

Read the full report here.