Don’t Let the Internet of Things Harm Your Business

Don’t Let the Internet of Things Harm Your Business

The concept of the Internet of Things, or IoT, isn’t something new.

In 1982, a modified coke machine at CMU became the first known internet-connected device. IoT basically refers to a network in which vehicles, home appliances, and other electronic items are inter-connected and can be controlled from a remote location.

IoT systems offer a myriad of benefits to consumers. But at the same time, they create certain security risks. Here are some of these:

It Increases Cyber Risk

The concept of IoT facilitates people to connect a large number of devices over a network. You can promote BYOD (bring your own device) culture at your workplace to reduce the costs of acquiring expensive resources. However, this practice also creates security risks for consumers. What if the network isn’t secure? It may give the control of the entire network in the hands of an unauthorized user.

Businesses have serious concerns when it comes to IoT devices. The more devices connected, the easier it can be for hackers to target the vulnerable areas and take control of all connected devices at your office.

It Leads to Privacy Issues

IoT systems collect and store a large amount of data via smart sensors. This information enables the machine learning systems to operate as per the preferences of consumers. Despite the benefits they offer, IoT systems are prone to hacking attacks.

Businesses often experience privacy issues. The large volume of data generated by these devices makes it relatively easier for hackers to get hold of the personal information of users. They can infect devices with malicious content and halt your business operations.

How to Deal with IoT Security Risks

Now you know some of the security risks IoT systems, here’s a few ways you can effectively protect your business:

·        Authenticate Devices

You can promote BYOD culture at your workplace, with some precautionary measures. Encourage your employees to set strong passwords on their devices to reduce the risk of hacking attacks.

Moreover, you should also authorize the devices gaining access to particular services or resources.

·        Don’t Forget Device Updates

Device updates are extremely important. Not only do they provide additional features, they also contain patches to resolve existing privacy issues. Make sure your employees keep their devices up-to-date. It’ll increase the security of IoT systems and keep hackers at bay.

·        Preempt Security Risks

No matter how hard you try to protect the IoT systems from hackers, they may find some vulnerability in the network. Therefore, you ought to predict such vulnerabilities and take quick actions to mitigate the risks.

Identify security issues with the help of threat modeling approach. You can also use analytics tools to correlate hacking attacks and prevent them down the line.

When it comes to IoT systems, security is the major concern for businesses. Hackers can break into the network and tamper with the inter-connected devices. Contact Crumbacher today to find out how to secure your connected devices.

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