The Decade of IoT is positioned to be a revolutionary period of technology trends and advancements. The Internet of Things (IoT) has brought many benefits to a wide variety of sectors, from smart cities to agriculture and energy and utilities. However, as there are a wide variety of different industries deploying the technology, there is also a variable understanding of the security of the devices. This has left IoT networks vulnerable to attacks from malicious hackers that can either shut down the network, leaving vital infrastructure unusable, or leverage the vast number of IoT devices as part of large-scale attacks.
According to a study surveying security threats and concerns worldwide, 33 percent of respondents feel uneasy about the attacks on IoT devices that may impact critical operations and 26 percent of respondents are concerned with the lack of security framework built around the IoT environment.
Let’s look at three key components that you should think about when securing your IoT devices.
The ability to design security into both IoT devices that comprise networks and the IoT network as a whole is essential to mitigating security risks in the IoT. This means that security by design, also called ‘secured by design’ or ‘built-in security’, needs to become a necessity for both users and manufacturers of IoT devices.
There are several steps that can be taken to help this, typically involving assessments of points of vulnerability and how they can be closed. These steps are Security at Concept Stage: Threat Intelligence & Mitigation, Security at the Build Stage and Security at the Management Stage. Find out more in our eBook, a Guide to Security by Design for the IoT.
Security is top of mind for organizations deploying IoT solutions. With potential risks including massive data overage costs, exposure of sensitive data to unauthorized parties, and damage to brand reputation and customer success, it’s critical that organizations deploying IoT have the tools in place they need to properly protect their connected solutions.
KORE offers expert security solutions that lessen potential risks such as overage costs, exposure of sensitive data, and damage to customer success. KORE SecurityProTM provides the visibility you need to protect the IoT devices that matter the most. Our award-winning solution captures actionable intelligence to guard transmitted data from threats, misconfigured firmware, network failures, and more. Click here to watch our 90-second demo.
The GSMA, in an attempt to create a universal standard for authentication and authorization of IoT devices, has created IoT SAFE (IoT SIM Applet For Secure End-to-End Communication). This initiative enables IoT device manufacturers and IoT service providers to use the SIM as a robust, scalable, and standardized Root of Trust to protect IoT data communications.
A root of trust can be a hardware, firmware, or software component that performs security
functions. In the case of IoT SAFE, the SIM is the hardware root of trust. IoT SAFE delivers a common procedure to secure data communications with a reliable SIM, rather than using proprietary and possibly less secure hardware elements in the device.
Join our next Communications Prodcast: Making the IoT SAFE on August 18, 2022, 3:00 PM BST and find out what IoT SAFE is, how it works, and how KORE can help companies leverage SIM capabilities to enhance the security of their connected devices.
And to learn more about security as whole, download our eBook, “Placing Security at the Forefront in IoT”.