Microsoft Says 30% of IoT Projects Fail in Proof-of-Concept Stage. Security Experts Warn IoT’s Vulnerability and 74% Failure Rate Can Cause Catastrophic Events.

By B.N. Frank

5G and The Internet of Things (IoT) may sound cool in theory but the reality is security experts have warned for many years already how dangerous it is to install and operate.

From Nuvias Group

As in 2016 and 2017, the number-one cybersecurity concern for the coming year is the Internet of Things (IoT). This really is ‘a security time bomb’ (Nuvias Group)

A security time bomb is not cool. Regardless, companies and government employees (see 1, 2) persist in trying to make it work anyway and force its installation everywhere – even on the electric grid. Talk about dangerous. Despite their efforts –failure and consequences are always big possibilities – even in the concept stage. Even Microsoft says so.

From VentureBeat:

But formidable challenges stand in the way of industry-wide adoption. Microsoft reports that complexity and technical challenges are an IoT dealbreaker for 38% of the decision-makers surveyed, and it says that 47% believe there aren’t enough available skilled workers to build or maintain a network of connected devices. Meanwhile, a whopping 97% have security concerns about IoT devices and infrastructure, while 43% and 38% worry about creating strong user authentications and maintaining IoT devices, respectively.

Perhaps it’s not surprising, then, that 30% of respondents say their IoT projects failed in the proof-of-concept stage, often because the implementation became too expensive or the bottom-line benefits were unclear.

Businesses and government agencies installing 5G and IoT is reckless and inhumane. If people want to install IoT in their homes, one short video demonstrates how this can go terribly wrong. Fun and games start around the 2 minute mark.