Maldives is experiencing a rapid increase in IoT device deployment, with an estimated 150,000 connected devices by 2026. Despite growth, cybersecurity threats remain significant, with over 3,500 devices compromised annually. The government has allocated around USD 12 million for cybersecurity efforts, aiming to protect critical infrastructure and tourism-related systems.
The rising number of IoT security incidents underscores the need for enhanced protocols and awareness. Data breaches cost an average of USD 75,000, impacting local businesses and government operations. Strengthening cyber defenses is vital for maintaining Maldives' tourism reputation and digital infrastructure resilience in 2026.