What you need to know about IoT and cyber security

With the rising number of IoT devices, which is expected to surpass the 20 billion mark by next year, there are a lot of big changes to anticipate. As we all know, says John Ocampos, the administrator of Softvire, the World Wide Web can be accessed by anyone. While such digital developments have helped individuals and business owners in many ways, take note that there are also risks involved.

Cybercriminals can take advantage of these developments, as well. From vulnerable healthcare devices, video cameras from phones and mobile gadgets to data breach and hacking, DDoS and malware attacks, these are implication that cyberattacks have become far-reaching.

IoT security roadblocks

The IoT security has become more and more challenging these days. Since the idea of networking platforms and other sites are relatively new, most developers focus more on the product’s overall designing phase. This is also due to the IoT’s nascent market. As a result, they have overlooked the importance of security and privacy of users and subscribers.

Another growing concern with IoT’s security is the utilisation of hardcoded or default passwords. Hackers can easily use this process to breach account details and other valuable information. Keep in mind that hackers can still crack the password even if you change them regularly.

What can you do to prepare for possible threats?

Thanks to continuous efforts of IT experts in the cybersecurity sector, individuals and enterprises can modify their methods to secure their devices from possible threats. For more guidance, here are other key factors you should know about IoT and network security:

Factor 1: Visibility is everything

In a study conducted by Gemalto in 2019, almost 50% of businesses were able to detect IoT breaches. Again, if it’s not visible, it’s impossible to measure it; and if it’s not measurable, it can be challenging to analyse it and implement possible solutions.

In addition to this, many individuals and even enterprises are not only blindsided by the endpoints connected to their networks, most of them are not equipped with the right resources to resolve this concern. This results to massive traffic activities within their network with zero visibility at all.

Factor 2: Empower data analysis solutions

If you’re still sticking to outdated data analysis processes, you might be having problems to detect current problems and future possible threats to your network. Analytics have made vast developments over the past decades. From descriptive to predictive forms, you need to start innovating to maximise security.

Good thing, many companies are looking beyond network and application analytics using various technologies to make necessary adjustments with their system. They are now looking for multiple solutions to resolve data breach using state-of-the-art tools and hiring the best IT experts in the field. This gives them opportunities to boost productivity, set parameters based on real-time granularity at each network, and to remediate cyberattacks.

To become more effective, your analytics for security solution utilise various types of resources. This should give your team a more comprehensive method to review traffic from your network.

Factor 3: Utilisation of new machine learning and artificial intelligence

Thanks to current modification of Artificial Intelligence, you can now make use of new machine learning tools that will help you identify and respond to security breaches faster and more efficiently.

As we all know, the AI technology is one of the biggest upgrades today. While there are a few loopholes found in some devices, they are still the most effective weapon to analyse data in real time, correlate information, distinguish patterns, and make precise forecasts based on the data gathered.

John Ocampos

Factor 4: Implement action plans

Once you have gathered enough information using advanced tools, you should start working on your action plans. Keep in mind that these tools can only provide contextual information. It is still your role to create action plans to resolve and prevent cyberattacks.

Typically, individuals and enterprises would upgrade their security system. While this is probably the most basic step in maximising security and privacy of IoT devices, you should also explore other options for further improvement.

Factor 5: Mutual authentication

Again, anyone can get access to the Internet. Experienced hackers can easily crack your password. The best solution for this is to activate dual authentication. With this option, you can verify that the access is coming from a legitimate device. You can also track down who is attempting to use your network including their location.

Security IT developers are now using more advanced cryptographic algorithms. They now include symmetric keys or asymmetric keys when authenticating user access. For instance, the Secure Hash Algorithm or also known as SHA-x can be integrated with a hash-based authenticated code or to the Elliptic Curve Digital Signature Algorithm.

These are just some of the few things you should know about IoT and cybersecurity. Again, always take necessary precautions when using IoT devices. Secure your activities by investing in the best security software.

The author is John Ocampos, administrator, Softvire

About the author

John Ocampos is the Administrator of Softvire, one of the leading online software marketplaces in Australia. He is a seasoned writer, researcher, and strategic media analyst. John has been covering the latest trends in cybersecurity, and other technological advancements. He is also well-versed in other related subjects such as cyber threats, scams, phishing, and blockchain.

Comment on this article below or via Twitter: @IoTNow_OR @jcIoTnow

FEATURED IoT STORIES

9 IoT applications that will change everything

Posted on: September 1, 2021

Whether you are a future-minded CEO, tech-driven CEO or IT leader, you’ve come across the term IoT before. It’s often used alongside superlatives regarding how it will revolutionize the way you work, play, and live. But is it just another buzzword, or is it the as-promised technological holy grail? The truth is that Internet of

Read more

Which IoT Platform 2021? IoT Now Enterprise Buyers’ Guide

Posted on: August 30, 2021

There are several different parts in a complete IoT solution, all of which must work together to get the result needed, write IoT Now Enterprise Buyers’ Guide – Which IoT Platform 2021? authors Robin Duke-Woolley, the CEO and Bill Ingle, a senior analyst, at Beecham Research. Figure 1 shows these parts and, although not all

Read more

CAT-M1 vs NB-IoT – examining the real differences

Posted on: June 21, 2021

As industry players look to provide the next generation of IoT connectivity, two different standards have emerged under release 13 of 3GPP – CAT-M1 and NB-IoT.

Read more

IoT and home automation: What does the future hold?

Posted on: June 10, 2020

Once a dream, iot home automation is slowly but steadily becoming a part of daily lives around the world. In fact, it is believed that the global market for smart home automation will reach $40 billion by 2020.

Read more
RECENT ARTICLES

US businesses show IoT investment resilience, despite pandemic

Posted on: September 20, 2021

Despite the adversity caused by the COVID-19 pandemic, grounds for optimism remain for IoT spending in the US.

Read more

Tyk secures $35M investment to revolutionise software delivery for enterprises

Posted on: September 20, 2021

Tyk, a London-based global tech company, announced it has closed a $35M (€29.87M) growth equity funding round led by new investors Scottish Equity Partners (SEP), alongside existing investors MMC Ventures.

Read more