Top 11 Massive Security Concerns About IoT For Businesses

The Internet of Things (IoT) devices have simply transformed the way we interact and connect with everything else. IoT devices have made it easier to automate and streamline a number of mundane and time intensive activities in the offices. At home it is helping users to multitask and enjoy content, communication and other benefits with little effort. Even though IoT devices offer an incredible number of benefits, it also has a major issue which happens to be potential of getting hacked or misused since it is connected with the internet.

Here are the top 11 massive security concerns about IoT for businesses.

1. Surveillance

Every other IoT device is collecting data and that data is easily accessible remotely which offers a unique ability to measure as well as monitor their user behavior. Analyzing such behavior of either individual or group at a given point can help in understanding the behavior pattern of the organization. In order to remove the suspicion of surveillance via IoT devices businesses should work on the two fronts of network security and data encryption. There are a number of reputable firms like Cisco which can offer incredible network security while Data encryption can be availed from Cisco and Lynx Software Technologies.

2. Manage updates smartly

For every smart device update is essential. Similarly, IoT devices require timely updates in order to get security patches against any newfound vulnerability or to get rid of bugs hampering its performance. While updating the device it is impossible not to have the downtime. Some of the older IoT devices don't support the data updates therefore it becomes difficult to update the device. Businesses should only buy such IoT devices which support managing rollbacks and updates.

3. Secure the smartphone now

It is extremely essential for the business to safeguard the phones of the employees interacting with the specific IoT device. There are a number of apps which can be easily compromised in order to provide access to the hackers to the private data. Downloading any kind of apps on such smartphone which are connected with IoT devices should be done with caution.

4. Perform stringent hardware testing

It has been found that in-house developed IoT devices don’t undergo the stringent hardware testing as required. Similarly, most of the cheap and affordable IoT devices don’t undergo the industry approved hardware testing before entering the manufacturing process. IoT device must be tested for its range, scalability, latency, memory capacity and other attributes before deploying in the office network. Hardware testing prior to the manufacturing will allow businesses to get better control over the device capabilities and the data being collected by it.

5. Prepare against the DDoS attacks

The number of devices connected with the internet has spiraled quickly with the adoption of IoT devices at work. Hackers can easily subdue any server or business institution by gaining access to the insecure IoT devices. Business should focus on providing extensive cyber security to the critical infrastructure of their organization through deploying different plans to deal with the DDoS attacks effectively.

6. Identifying the safe storage

There are innumerable ways to store data and there is no issue regarding its size as long as you can pay for it. There are innumerable numbers of online cloud storage service which can help in storing a large amount of data with little or less effort. However, storing data here isn't the issue but backing them up is. The source where data is backed up by the IoT devices for quick access might not be safe and anyone can hack into it to steal and tamper with the user's privacy. It is better to implement two-way authentication systems in order to avoid future hassles.

7. Be cautious of the 'raw data' storage

Most of the IoT devices tend to collect and save data in the raw form and most of the firms don’t give much thought to it. It is essential to understand how IoT devices are collecting the data and how much data is retained or shared by it with other firms for quality related issue. Make sure that the IOT deployed in the office comes with clear data policies which ensure the security and anonymity of the user’s data with next to no sharing with other firms.

8. Get rid of the insecure devices

Simply identify and get rid of such IoT devices which are full of vulnerabilities. An insecure device in the office establishment can wreck almost everything if it gets overtaken by a hacker.

9. The 'default credentials' can wreak havoc

Almost every other IoT devices came with a default credential which acts as a secret backdoor. It might be useful in grave situations where devices have to be put back on feet quickly. But business should start securing such default credentials in order to eliminate the possibility of hostile takeover of the device by some hacker.

10. Concern related to Radio frequency

IoT devices now comes with enhanced connectivity options namely Bluetooth 5 which supports the mesh networking. If a hacker simply targets one particular Bluetooth device and becomes successful in gaining access, then it can spread the malware all across the network. Therefore, it becomes critical for the business to identify and fix the Bluetooth related vulnerability.

11. Failing to understand what’s on the network

It has been found that most of the businesses simply aren't aware of what devices are there on its network. Sometimes rogue devices or misconfigured IoT gets unwanted access to the critical business network and seriously hampers the performance of others in the process. Since it isn't possible to create a usual dashboard like view offering all the devices on the network, businesses should perform a check of devices every now and then.

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