What is IoT security?
IoT security is the practice that keeps your IoT systems safe. IoT security tools keep you protected from threats and data breaches, identify and monitor security risks, fix vulnerabilities, and ensure the availability, integrity, and confidentiality of your IoT solution.
According to recent researches, 90% of consumers are skeptical about the security of IoT devices and according to a 2019 survey conducted in Australia, Canada, France, Japan, the U.k., and the U.s., 63% of consumers find connected devices "creepy."
This exemplifies one of the numerous aspects of IoT security challenges.
Why is IoT security so important?
IoT solutions provide valuable data and insights that will improve the way we work and live, from improving the safety of roads, cars, and homes to fundamentally improving the way we manufacture and consume products.
The integrity and confidentiality of IoT solutions and data, as well as the mitigation of cybersecurity risks, are critical to success.
Build trust in IoT connected devices
Risks to cybersecurity and data privacy can have dire financial and reputational consequences. With so many risks, trust is important for organizations to successfully implement and scale innovative IoT solutions.
The benefits of IoT are undeniable, but high-profile attacks, as well as uncertainty about security best practices and their associated costs, are discouraging many businesses from adopting the technology. Furthermore, end users are concerned about the consequences of IoT security breaches.
Understanding IoT security risks
The digital security risk is present at every step along the IoT journey, and there is a bunch of hackers that would take advantage of a system's vulnerability.
Unfortunately, diverse data types and computing power among IoT devices mean there's no 'one size fits all' cybersecurity solution that can protect any IoT deployment.
The first step for any IoT business is to undergo a thorough security risk assessment that examines vulnerabilities in devices and network systems and user and customer backend systems.
Risk must be mitigated for the entire IoT lifecycle of the deployment, especially as it scales and expands geographically.
Conclusion
IoT devices and applications are playing an essential role in our modern life. We can see IoT devices almost everywhere from our homes, offices, shopping centers, schools, airports, and many other places to provide us with secure and on-demand services.
The IoT devices support the collaboration with the stakeholders and help in understanding the business requirements and outcomes. Additionally, IoT-based analytics and data processing can enhance the productivity and efficiency of industrial infrastructures.
Not sure how to keep your network secure?
Call us at +65 6262 0402 or email us at care@acebizservices.com to get the information details on your needs.
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