Internet of Things (IoT) & Cybersecurity Challenges, Benefits & Solutions
Posted by XcelDigital on January 22nd, 2020
At a Glance
Many of us have heard of consumer mobile apps such as IFTTT (If This Then That) that can allow you to turn on your iRobot vacuum cleaner from the comfort of your phone. Over the past few weeks, global consumer chains such as Dominos are hyper-connected with their consumer via IFTTT and IoT in-turn driving huge untapped revenue. There are many such applications catered to the consumers that demonstrate rapid adoption and application of Internet of Things (IoT) reflecting the transformation in the digital landscape.
Despite IoT’s success in B2C / Consumer industry, the underlying cybersecurity challenges such as identity theft, possibility of impersonation, and hacking are posing a significant hindrance in unlocking the demand for Internet of Things in the industrial, enterprise business-2-business (B2B) spheres.
The article aims to delineate the existing challenges in ensuring cybersecurity for IoT devices, the methods undertaken to resolve these issues, and the application of Azure IoT for a secure solution.
Growing Risk Landscape – How to Resolve?
It is important to consider that cybersecurity is not merely a technology hazard, rather an enterprise-wide risk. As the needs of business today surpass the boundaries of the organization, be it for communication with customers, vendors and trading partners or even co-working with third-party vendors, there emerges a need for strengthening cybersecurity to protect the business from malicious attacks. Moreover, increasing use of Internet and mobility is changing the dynamics of security, adding risk and exposure as the business is no longer contained within the predefined frame.
To avoid such risks, cybersecurity systems should consider a broader network - including but not limited to customers, collaborators, suppliers, business partners and even their alumni — holistically the entire “business ecosystem.”
What Are Some Major Security Failures in IoT History?
Here are a few real-life examples of incidents related to IoT and related security failures. These cases could have been avoided with the appropriate security protocols and enterprise investments seeking proactive solutions.
Iot Devices, Took Place, Security Failures, Mirai Botnet, Iot, Cybersecurity, Business
Share Your Internet Connection & Get Paid
HoneyGain is compatible for desktop computers, Android and iOS and pays you when you share your internet connection!