Smart devices and another internet of things (IoT) technologies have become commonplace in homes and companies throughout the world. But how secure is the technology we leave our workplaces and sensitive information to?
Let’s take a deeper look at how organizations can guard against the internet of things.
Let’s hash it out.
What Is IoT Security? What It Means to Secure These Emerging Technologies
Endpoint devices, networks, and data relevant to the internet of things are all protected by the internet of things security, a discipline of information technology (i.e., connected devices other than computers, smartphones, and tablets). IoT devices can range from smart refrigerators to security cameras to monitors on jet engines or automobiles. But why is the Internet of Things (IoT) security so crucial?
The Internet of Things provides a rapidly growing attack surface that bad actors may use to attack your business. The more devices you have connected to your network, the less secure it is. If even one device has a vulnerability that an attacker exploits, your data is at risk.
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Why IoT Security Matters
Individuals and organizations have a legitimate expectation that IoT devices would be safe when they buy them. Regardless of what a marketer promises, no technology or application is totally safe.
In some cases, a seemingly little blunder might evolve into a devastating attack later on. To put it another way, whereas a problem in a smart refrigerator might lead to a data breach, a flaw in smart medical equipment could result in significant harm or death. The importance and effect vary and may increase depending on the target business’s industry and the attacker’s goals.
Furthermore, no common certifications or standards exist for IoT devices at this time. They’re not the same as trusted platform modules (TPMs), which require developers and manufacturers to follow vendor-neutral standards. Without those go-to recognized standards for device makers and end-users to follow, the Internet of Things is still a bit of a wild west.
How and Why Businesses Globally Use IoT Within Their Environments
Why are corporations becoming more reliant on these technologies if they pose such huge cyber security risks? It’s a great question with no one-size-fits-all answer. However, due to the advantages of connected technologies, many businesses are employing or intending to utilize them. Businesses have discovered that IoT devices may help them in a variety of ways, including:
In the workplace, connected devices may be utilized in a number of ways, and particular functions are often chosen by the industry. They can be used to: improve operational efficiency and minimize total operating expenditures.
Wireless printers, smart thermostats, and even break room refrigerators are now prevalent in the workplace. Robots and inventory tracking and management systems are employed in manufacturing and industrial contexts. Geolocation trackers, sensors, and cameras are used in transportation-related industries.
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Why Enterprise IoT Is a Vulnerable (and Growing) Attack Surface
In business contexts, Internet of Things (IoT) technology is becoming more common. According to the Eclipse Foundation’s 2021 IoT and Edge Commercial Adoption Survey, 47 percent of the 300 IoT and edge specialists polled said they are already implementing IoT in their businesses. A further 39% say they want to do so in the following 24 months.
Unfortunately, like with other elements of cybersecurity, IoT security is routinely overlooked by device manufacturers and businesses that use them. Successful IoT cyber security, on the other hand, necessitates a collaborative strategy in which all stakeholders work together to improve the security of devices and their uses:
End-user organizations (i.eCompanies that install, manage, and utilize the devices in their settings), as well as developers and manufacturers, must take care to keep IoT systems safe and also keep an eye on customers through KYC verification.
Managing IoT Security: Determine What Your Needs Are & How Best to Meet Them
Continue to monitor all connected devices and follow up on shadow devices to improve the performance and security of your network. On the other hand, dealing with shadow devices is not a one-time effort. Personal devices that are linked to the network must be monitored and followed at all times. Many people receive new connected devices as gifts for the holidays. Consider sending another letter when employees return to work the following year. You should also keep a close check on your electronics throughout the first few weeks of January. You’ll be able to make sure that everyone on your team follows your directions.
It’s unlikely that all shadow devices in your network will be erased. All companies can significantly reduce the danger and damage via education, monitoring, and follow-up.
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The more devices that connect to your network, the less secure it becomes. If even one of those devices has an unpatched vulnerability that an attacker exploits, your data is at risk of being stolen and compromised. Continue to monitor all connected devices and keep a watch on shadow devices to improve the performance and security of your networks. Because smart technologies receive their name from the term “smart,” you’d think they’d be secure.