IoT players that don’t make security part of their brand will lose customers to competitors who do. This means re-addressing the entire product life cycle with an emphasis on security.
5G technology plus 74 billion IoT devices estimated by 2025, it’s no surprise that IoT security is one of the top concerns keeping many executives up at night.
Comprehensive IoT security requires an integrated group of device management services, including secure device commissioning, certificate management, a mechanism for providing firmware updates over the air, and strong authentication and authorization capabilities.
Microsoft says many IoT and operational technology devices suffer from 25 IoT security critical vulnerabilities originating from vulnerable SDKs, RTOS, and the C standard library.
New IoT security rating system by global safety certification firm UL is designed to empower consumers to make smarter decisions about the products and IoT solutions they purchase.
Tripwire report finds that IoT security is a major issue at nearly every company; 99% of respondents have security challenges, and over 75% report problems fitting these devices into their present security approach.
New California and Oregon IoT security laws aim to address the growing concerns on the security of Internet-connected devices that seem to be expanding endlessly.