Key IoT Security Risks Your Organization Cannot Afford to Neglect!

To tackle the vulnerabilities posed by the Internet of Things, Businesses must take a security-by-design strategy.

FREMONT, CA: According to the survey, security-by-design saves time and money by fixing security concerns the first time a product design is prepared.In a study of more than 4,200 workers from various industries and roles, nearly half (48 percent) said that DevSecOps must be interconnecting the lifecycle of connected products or devices, and teams must collaborate with legal procurement and compliance across installations.

The following are some of the most pressing security concerns that enterprises must solve as a result of the current IoT environment:

Not having a program for security and privacy.

Inability to drive security and privacy due to a lack of ownership/governance

configuration of Products and environments are not adequately.

Engineers and architects have insufficient security awareness training.

Security and privacy resources for IoT/IIoT and products are lacking.

Inadequate device and system monitoring to detect security occurrences

Lack of post-market/implementation risk management for security and privacy

Lack of product visibility or a product inventory that isn't complete

Identifying and managing risks that come with the current in use and older products

Processes for an incident response that are immature or incompetent

Creating IoT security-by-design

Here are things to think about if one wants to incorporate security-by-design into any IoT products:

Develop a cyber strategy after learning about the present level of product security: Assess how products, including the data they produce, are secure and build a cyber plan to drive progress, whether making smart devices or buying them to use internally.

Set up security-by-design procedures: Through requirements, risk assessments, threat modeling, and security testing, security-by-design into the design of the output or the ecosystem architecture.

Starting at the top, set the standard: From leadership through relevant product security specialists to product teams, make sure the correct people participate and have ownership of the process.

Have a competent staff and make sure they have enough resources: Develop a dedicated team with product-based experience and offer training essential to enhance knowledge. Don't expect enterprise security teams to cover missions without adding new resources. Instead, build a dedicated team with product-based experience and train as appropriate to expand expertise.

Rather than creating and distributing custom surveys to business device providers, take advantage of publicly available industry information.

See Also: Top Internet of Things Solution Companies