Ordinary, everyday objects that connect to the web and cater to our needs — such as wearable health monitors, smart toasters or air quality sensors — are examples of the Internet of Things (IoT). As described by TechTarget, IoT is "a scenario in which objects, animals or people are provided with unique identifiers and the ability to transfer data over a network without requiring human-to-human or human-to-computer interaction." In the business world, this includes videoconferencing devices, large smart screens or any controlled utility such as a smart thermostat — which can all disrupt workflow if attacked by cyber hackers. Even the most advanced technologies are never bulletproof.
According to a Juniper Research study, the total number of IoT connections will reach 83 billion by 2024. This statistic should not be alarming but rather prepare leaders to adapt and create strategies that can prevent any security risks as IoT connections double over the next three years. Without the right security, any IoT device connected to Wi-Fi has the potential of being hacked. Once cyberattackers have access to the network, they can steal sensitive digital data. Fortunately, implementing proper cybersecurity measures now can help find and fix security blind spots and minimize any IoT threat potential in the future.
The Increasing Threat Landscape
Cyberattackers prey on vulnerabilities and will try to locate any IoT device at risk. Unpatched software, or devices that lack the latest updates, give attackers a better chance of corrupting an organization's network and assets. In fact, according to a Ponemon Institute survey, nearly 60% of breaches over the past two years were attributable to compromised, unpatched software. As more and more individuals use IoT devices and connect those devices to a business network, this can be a source of entry for cyberattackers to gain access to and jeopardize an organization's sensitive data. It's a cyberattacker's dream.
Continue reading: https://www.forbes.com/sites/forbestechcouncil/2022/01/18/how-the-internet-of-things-impacts-your-companys-cybersecurity/?sh=1c866f153cbb
According to a Juniper Research study, the total number of IoT connections will reach 83 billion by 2024. This statistic should not be alarming but rather prepare leaders to adapt and create strategies that can prevent any security risks as IoT connections double over the next three years. Without the right security, any IoT device connected to Wi-Fi has the potential of being hacked. Once cyberattackers have access to the network, they can steal sensitive digital data. Fortunately, implementing proper cybersecurity measures now can help find and fix security blind spots and minimize any IoT threat potential in the future.
The Increasing Threat Landscape
Cyberattackers prey on vulnerabilities and will try to locate any IoT device at risk. Unpatched software, or devices that lack the latest updates, give attackers a better chance of corrupting an organization's network and assets. In fact, according to a Ponemon Institute survey, nearly 60% of breaches over the past two years were attributable to compromised, unpatched software. As more and more individuals use IoT devices and connect those devices to a business network, this can be a source of entry for cyberattackers to gain access to and jeopardize an organization's sensitive data. It's a cyberattacker's dream.
Continue reading: https://www.forbes.com/sites/forbestechcouncil/2022/01/18/how-the-internet-of-things-impacts-your-companys-cybersecurity/?sh=1c866f153cbb
