Internet of Things (IoT) has been ‘the’ innovation buzz word for the past few years. Internet of Things (IoT) is the key building block in shaping up the futuristic digital businesses. According to a recent report published by Gartner, Inc., 8.4 billion connected things will be in use worldwide in 2017, up 31% from 2016, and will reach 20.4 billion by 2020. Out of which consumer applications will represent 63% of the total IoT applications in 2017.
Internet of Things (IoT) is a giant network of connected things – all of which collect and share data about the way they are used and the environment around them. IoT has sensors and actuators embedded in physical objects that enables them to connect and network with other things. In a nutshell, the Internet of Things (IoT) is the concept of ‘connecting’ any device (so long as it has an on/off switch) to the Internet and to other devices.
Internet of Things (IoT) will impact everything that we undertake and face in our lives, right from the way we travel, shop, workout to the most complex medical procedures & manufacturing processes.
IoT is supposed to make life easier – but wait – are you aware of the alarm bells?
Heightened security risks
With an access to the internet, these IoT devices have constraints that make them soft targets for cyber security attacks. There is a constant fear of hacking into IoT applications like mobiles, automobiles, surveillance systems, personal finance apps, etc.
IoT devices are also vulnerable to cyber-security threats that include phishing, malware, ransomware, DDoS attacks, etc.
There is an inherent information security risk with the IoT devices, as they can give stalkers, intruders and identity hackers an easy access to you and your personal data.
IoT devices have sensors embedded in their systems that collect ubiquitous data about your personal information, location, habits, etc. This allows companies to digitally monitor your personal life and this may also attract adverse privacy implications.
Mitigation of security threats
Though IoT is an overhyped and emergent technology, it has the power to change our world and raise efficiency. Hence, we cannot completely dismiss IoT as it encompasses several benefits. However, to mitigate the cybersecurity threats to IoT, vulnerabilities need to be identified and addressed immediately. Implementing preventive steps like application of patch, incorporating encryption and data security can help avoid the security threats to IoT devices.
Knowledge sharing through webinar
To further share information on the cyber security threats to IoT applications & devices and the measures to prevent them, TÜV SÜD’s cyber security team brings you the recorded version of our complimentary webinar:
Topic: To Understand & Address the Security Concerns Related to Internet of Things (IoT)
Topics to be covered:
TÜV SÜD’s IoT & cyber security expert Mr. Anand Trivedi covered the following points in the webinar:
- Current state of IoT security
- Security and performance challenges with IoT deployments
- The causes of IoT security breaches
- Vulnerabilities in IoT
- Web application security for IoT devices
- Best practices for IoT security & performance
- Vulnerability assessment
- Service priorities
- Q&A session
The on-demand webinar will facilitate identification of IoT security concerns in your business, and introduce the robust measures & latest technologies that will help you achieve enhanced security for your IoT applications.
Click here to know more about our offerings in IoT security.