HP Wolf Security Study Reveals Platform Security Gaps That Threaten Organizations At Every Stage Of The Device Lifecycle
HP News, Thursday, December 12th, 2024
The report highlights cybersecurity challenges facing organizations across the lifecycle of their endpoint devices - from supplier audit failures to weak BIOS passwords, Fear of Making Updates (FOMU), a $8.6B lost/stolen device epidemic, and growing e-waste.
HP Inc. released a new report highlighting the far-reaching cybersecurity implications of failing to secure devices at every stage of their lifecycle. The findings show that platform security - securing the hardware and firmware of PCs, laptops and printers - is often overlooked, weakening cybersecurity posture for years to come.
The report, based on a global study of 800+ IT and security decision-makers (ITSDMs) and 6000+ work-from-anywhere (WFA) employees, shows that platform security is a growing concern with 81% of ITSDMs agreeing that hardware and firmware security must become a priority to ensure attackers cannot exploit vulnerable devices. However, 68% report that investment in hardware and firmware security is often overlooked in the total cost of ownership (TCO) for devices. This is leading to costly security headaches, management overheads and inefficiencies further down the line.