According to VDC Research as awareness of system vulnerabilities intensifies, budgetary planning starts to account for security-related labor.
Increasing connectivity and IoT device adoption has exposed embedded systems to new security threats that could severely hinder business operations and risk the safety of humans or embedded devices. These threats are forcing OEMs to actively address security as part of development and are guiding the creation of new practices. VDC’s latest report takes a closer look at the portion of OEMs’ in-house labor expenditure that is consumed by vulnerability mitigation efforts.
While more OEMs recognize the escalating repercussions of software security vulnerabilities, action to mitigate these risks has been minimal or, in some cases, non-existent. Even among those who rated security as “extremely important,” nearly 8% of their organizations were taking no action to address these potential risks. Still, a growing number of companies are setting aside money from their budgets to find, fix, and prevent systems vulnerabilities.