IOT : Meeting The Challenges Of The Iot?

Sooner than you think, any standard household item will become apart of the Internet of things (IoT). These items will be a part of the vast TCP/IP network of physical devices such as computers, routers, smart phones, medical devices, vehicles, sensors, military weapons, and laptops with Internet capabilities. The devices are uniquely identifiable within the existing Internet infrastructure approaching a size of 55 billion connected devices by 2020! Endpoint security consists of a multi-layered approach to protect each endpoint from cyber threats which are evolving at an alarming rate. Endpoint Security Management is a software related approach towards developing protection mechanisms for computer networks of all sizes that are remotely

While IoT devices holds much promise, there are still many security issues that need to be addressed. These security issues can have a significant impact on everyday life, such as causing damage, disruption to business operations, and in some cases even loss of life. Having all your devices interconnected using IoT such as lighting, thermostats, doors, and elevators, seems convenient but in fact this poses a great security risk. If these risks are exploited it could disrupt power or lighting which could lead to a loss of life if it were something like a hospital. Addressing these security risks will lead to more efficient and safer to use IoT devices but companies will have to identify them in their devices first (Tankard, 2015).

The purpose of this study will be to develop adequate security strategies and best practices as a guide to add to the knowledge base of current literature on IoT devices. The current research literature on the internet of things indicates that the number of attacks against IoT devices are on the rise. The number of potential attackers is growing at an alarming rate because of the number of IoT devices that are joined to network every day (Abomhara and Kien, 2015). Tools are available to those same potential attackers are much more sophisticated that they have ever been. (p. 66). This study will provide valuable information to IT leaders, service providers, vendors and IoT manufactures.

According to the survey, "Perceptions about Network Security," 90 percent of the 583 companies polled said they've suffered a network security breach at the hands of hackers at least once in the past year.

GPS, drones, spying, and nuclear war are all capabilities of the everyday items around us. These “normal” devices such as an iPhone or computer are all part of an enormous web infrastructure called the internet of things (IOT). The internet of things is a link between the online world and the physical world through connected devices which can achieve physical accomplishments such as taking a pulse. The Internet of things was said to have been discovered in 1999 during a presentation at Procter and Gamble. When Business moguls were trying to find a way to make the internet profitable, they manufactured the term internet of things. Ironically, IOT tracked its usage of term online through “Google Trends”. According to Google, since 2004 IOT was

When computer security experts discuss their trade, the term “air-gapped computer” may crop up. To be “air-gapped” is to be not connected to any network in any way, thereby preventing remote access. With ordinary computing devices such as laptops and smartphones, this is a viable, easily usable, and powerful option. Conversely, and by design, Internet of Things devices operate only when communicating with the Internet, and, as such, this common dependence is their most critical weakness. Because constant connectivity has such severe consequences, especially when considering essential utilities, the U.S. Department of Homeland Security considers “IoT security … [to be] a matter of homeland security.” In the Department’s “Strategic Principles for Securing the Internet of Things (IoT),” six best practices are suggested for all producers: Incorporate Security at the Design Phase, Advance Security Updates and Vulnerability Management, Build on Proven Security Practices, Prioritize Security Measures According to Potential Impact, Promote Transparency across IoT, and Connect Carefully and Deliberately. While these procedures would certainly help alleviate the negative impact the IoT is likely to have, capitalism’s frantic speed makes it unlikely. Because of strict deadlines, many technology devices suffer from

It is helpful for organization to understand the type to security incidents that other companies have encountered (Richardson, 2011). However, forty-nine percent of the respondents did not have any incidents to report, forty-one did, and nine percent did not know. It is also good to know about any losses that an organization may have experienced as a result of their cyber-attack. Malware infection is the attack that most organizations have encountered.

In the previous five years, cybersecurity has turned into the most looked for after calling around the world. More than 90 percent of respondents to an overview directed by the Ponemon Institute (2011) detailed being a casualty to cyberattacks amid the most recent year, costing all things considered more than $2 million for each association. This number keeps on ascending as the two programmers and security devices progress. As indicated by PwC, roughly 33% of all U.S. organizations are as of now utilizing digital protection (Lindros and Tittel, 2016).

As a business manager it is important to understand the growth of IoT’s, because utilizing an IoT in your business can provide you with information to carry what products customers are looking to purchase. This would enable a manager to stay ahead of the competition and make more sales, by only ordering what your customers are going to buy. The IoT could help a manager make more successful business decisions.

Protection and the IoT: Navigating Policy Issues - Opening Remarks of FTC Chairwoman Edith Ramirez[9], "Today, I might want to concentrate on three key difficulties that, in my perspective, the IoT stances to shopper security: (1) universal information gathering; (2) the potential for sudden employments of customer information that could have unfavorable results; and (3) elevated security dangers. These dangers to protection and security undermine buyer trust. Also, that trust is as critical to the boundless shopper appropriation of new IoT items and administrations as a system association is to the usefulness of an IoT gadget. I accept there are three key steps that organizations ought to take to upgrade shopper protection and security and subsequently construct customer trust in IoT gadgets: (1) embracing "security by configuration"; (2) taking part in information minimization; and (3) expanding straightforwardness and giving purchasers notification and decision for sudden information employments. I trust these strides will be vital to effective IoT plans of action and to the assurance of customer data." This venture needs to accomplish nevertheless objective as expected in both of the base papers consolidated.

EXCERPT: Over the past few weeks, I have been with Intel Corporation understanding their Internet of Things (IoT) product roadmaps from security, healthcare, retail, energy, smart cities, and of most interest is leveraging IoT to extend the customer experience.

The first major IoT device attack shocked the industry in October of 2016, before IoT devices were really in the enterprise space. An hacker launched an IoT DDoS attack on Dyn, using the Mirai virus to infect vulnerable IoT home security devices and turned them into attack bots focused on the Dyn enterprise network (for more information see our blog on this topic). This sent ripples of fear through organizations that realized attackers could soon leverage enterprise IoT devices to attack internal networks.

With the advancement of IOE, a new dimension is required for Enterprise Architecture, which is Security. Although security is considered to be an inherent part of Enterprise Architecture at all level, there is a need arise considering the IoT/IOE ecosystem setup. IOE deals with many inexpensive devices like sensors,

Installed IOT devices from now it will increase 57% by 2020. IOT devices increases widely when compared to the present Laptop, smartphone and tablets growth. By 2018, half of the IOT devices will be in Business devices. In future the areas where the devices increases are Automobile, Health, Drones, Robots, Home appliances and many more in future.

The concept of the internet of things abbreviated as IoT was introduced as early as the late 90’s by Kevin Ashton, the Executive Director of Auto-ID Labs and a professor at Massachusetts Institute of Technology. Now, “the Internet of things is already a disruptive technology capable of determining fundamental changes that are happening in everyday life, and it is considered the fourth industrial revolution.” (Hucanu) The Internet of Things (IoT)