The phenomenal growth of capabilities and adoption of IoT technology has sparked a transformation in enterprise operations.
In fact, IoT devices now make up 30% of total devices on enterprise networks. Rich data collected from these devices provides valuable insights that inform real-time decisions and deliver accurate predictive modeling.
But sector analysts believe that IoT is a double-edged sword.
On the one hand, IoT is a key enabler of digital transformation in the enterprise, with the potential to drive up workforce productivity, business efficiency and profitability as well as the overall employee experience.
On the other hand, despite the many advantages and innovations IoT technology enables, the interconnectedness of smart devices presents a substantial challenge to enterprises in terms of grave security risks arising from unmonitored and unsecured devices connected to the network.
In fact, data trafficking has become one of the highest revenue-generating crimes globally. Breaches like Equifax, Uber, and SolarWinds are just the tip of the iceberg. With over 35 billion IoT devices now installed around the world and data surpassing oil as the most valuable asset on earth, there’s no wonder concern is growing.
One thing for certain, having a weak device and network security could make you an easy target for password-related attacks, for example, which can leave your organization wide-open to cyber-attacks.
Cybersecurity professionals have strong opinions on how to best secure IoT devices in the enterprise.
IoT Security Training Courses by Tonex
Internet of Things (IoT) security training helps organizations protect valuable data as well as comply with mounting regulations requiring IoT security.
Some level of training in IoT security is also necessary just so organizations can move more easily (and profitably) into the digital era without “technological malaise” that often accompanies a digital transformation given the statistics of mounting cyber theft.
Participants in IoT Security courses learn how to better protect digital data and devices through several means, such as:
- Credential security
- Device authorization
- DNS filtering
- Turning off unneeded features
The benefits of IoT are undeniable, and yet, high-profile attacks, combined with uncertainty about security best practices and their associated costs, are keeping many businesses from adopting the technology.
Modern IoT ecosystems are complex.
Machines and objects in virtually any industry can be connected and configured to send data over cellular networks to cloud applications and backends.
The digital security risk is present at every step along the IoT journey, and there are LOTS of hackers who would love to take advantage of a system’s vulnerability.
Truth is, anything connected to the internet is likely to face attack at some point. Attackers can try to remotely compromise IoT devices using a variety of methods, from credential theft to vulnerability exploits. Once they control an IoT device, they can use it to steal data, conduct distributed denial-of-service (DDoS) attacks, or attempt to compromise the rest of the connected network.
IoT security can be particularly challenging because many IoT devices are not built with strong security in place — typically, the manufacturer’s focus is on features and usability, rather than security, so that the devices can get to market quickly.
It’s important for organizations to realize that there is no one size fits all solution to improving IoT security. How your organization can visualize and exploit the ever-expanding ecosystems of IoT-driven data can be a game-changer.
Understanding and practicing IoT security and how it applies to your situation can ensure the availability, integrity, and confidentiality of your IoT solution.
For more information, questions, comments, contact us.