3 Security Issues in the Internet of Things (IoT) Industry

IOT

The Internet of Things (IoT) is rapidly gaining popularity all over the world. Gone are the days when smart or computer devices were limited to phones and desktop computers. Now, even home appliances and cars can have built-in software and Internet connectivity features.

But as IoT devices are expected to number around 30 billion within three years, can companies handle all the current security issues hounding the industry? Here are three of them.

1) Authentication and Authorization

Since even your refrigerator or light bulb can be hacked or exploited, security is of utmost importance. The system must have a way to check which devices can be connected. Before a device can use services and connect to apps, their identity must be verified. This way, devices won’t be able to use resources they don’t need.

Just like how you protect your social media accounts, it helps to employ two-factor authentication. This will prevent hackers from messing with the IoT system even if they have the password. If they can’t provide the required piece of information, your devices are safe. Likewise, regularly changing your password helps.

2) Data Privacy

Like with any device, privacy is a big deal. Smart home appliances that have information regarding your sleeping patterns and work schedule are prime targets for hackers. Plus, smart security cameras may hold sensitive footage you don’t want others to see.

Data must be transmitted from one network to another in a secure manner. Encryption will make any valuable information look incomprehensible to unauthorized individuals. Manufacturers of IoT devices must also have a feature in which data is immediately erased if they are no longer needed.

3) Insufficient Power

Due to their size and intended function, an IoT device might not have enough power to employ several layers of security. IoT is still a relatively new technology, so the storage and processing performance of devices won’t be ideal.

If a smart device cannot rely on power-hungry forms of encryption, companies must find other ways to secure data. Can I use VPN on multiples devices? Yes, but a VPN isn’t exactly the ideal security measure for multiple IoT devices. It’s best used for laptops and mobile devices for now. Instead, the possible solutions include installing firewalls and utilizing multiple networks to handle all the devices.

With all these issues about data privacy and cybersecurity in general, IoT networks must strive for innovation. New forms of security must be implemented to handle these new technological products.