IoT Security Threats Statistics in Cyprus (2026)

Cyprus's increasing adoption of IoT devices has heightened cybersecurity concerns, with 1.5 million devices now connected across sectors. Despite investments, 27% still harbor security vulnerabilities, making them targets for cyber threats. The government and private sector are prioritizing enhanced security measures to prevent breaches and protect critical infrastructure.

In 2026, the average cost per cybersecurity breach in Cyprus stands at €18,500, with over 320 incidents reported. The rising threat landscape underscores the need for robust IoT security protocols, including regular audits and advanced threat detection systems, to safeguard data and maintain trust in digital services.