New IoT Security Trends That Businesses Need to Follow
It is necessary to spread awareness related to cybersecurity among the employees due to increasing IoT security issues.
FREMONT, CA : While the massive wave of Internet of Things (IoT) system deployment is advancing, the effort to protect those devices is just getting started. As per research, the global IoT installed base was projected to hit 27.5 billion in 2020, rising to 45.9 billion in 2025.
There would be a proportionate rise in the size of the entire threat landscape with so many devices already operating and more on the way. Many businesses are keen to move forward with IoT-related programs. If such technology is not applied safely from the beginning, it poses significant risks. Here are five suggestions to assist security teams in addressing IoT security issues.
Share responsibility for security
Even though endpoint security is the front line for IoT security, the responsibility for successful IoT application and data security must reach beyond the OEM. Organizations must develop their comprehensive strategies for safe IoT implementation as physical device life cycles ultimately outpace a manufacturer's security maintenance life cycles.
If the Internet of Things (IoT) supply chain expands, more complexity will inevitably emerge. This situation generates many challenges that require the establishment and development of efficient and comprehensive security partnerships between various IoT device manufacturers and security solution vendors.
Security cannot play catch-up with 5G
Implementing 5G technology would genuinely transform the IoT market by unlocking its potential through increased bandwidth, lower latency, increased power, lower costs, and various other advantages. Even though it will improve device management abilities from thousands to millions of devices per square mile, it will also exponentially increase the threat environment due to inadequate security procedures.
IoT Demand and COVID-19
Despite the coronavirus pandemic, demand for IoT security will continue to increase due to industrial markets, but development in the communications and medical fields will accelerate. Only a few markets are expected to hold their ground during COVID-19, and IoT security is one of them.
IoT deployments in critical infrastructure, like commercial and industrial markets, require a high level of security. Due to various government constraints and a scarcity of cybersecurity personnel, adversaries are more likely to threaten critical infrastructure, leaving fewer resources available to react to emerging threats.
In addition, as a result of the pandemic, a trend toward virtualizing the global workforce has begun to emerge. This new reality is likely to encourage rapid adoption and implementation of 5G communication to meet current needs while also planning for potential demand.
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