Consumers overconfident in IoT security

“I hope to see the FAA take the same stern fist that they have toward plane security and apply it to drone security so companies will have an incentive to make their products more secure”. Understand where the data will reside and the security protecting your information. It’s also about how all those linked physical devices communicate, and that adds a new and unsafe dimension. But if you’re continually procuring stock for a restaurant, these items are intrinsic components of your business, and most critically, to what you’re delivering to customers. More information and the registration link can be found here. In the most general case you could use an AWS VM server to handle the data. Google and Facebook are identified among the major players. Companies offering computing, communications or cloud infrastructure specialize in the “Internet” portion of the IoT; the IoT platform’s domain is the “Things” of the IoT. The real customer is in fact the companies buying the data from the Internet companies. Here are a few data points to that effect: -50 percent believe their IT department is not aware of all of their organization’s connected devices (e.g., connected thermostats, TVs, fire alarms, cars); -74 percent estimate the likelihood of an organization being hacked through an IoT device is medium or high; -62 percent think that the increasing use of IoT devices in the workplace has decreased employee privacy. “That’s the paradigm for Internet of Things”.

To counter this, many new specialists are going to emerge who can provide IoT-based solutions, including systems designers and integrators. “[Seven] years later, this warning remains valid, though it now seems certain that the IoT will be disruptive far sooner than 2025 – if it is not so already”. LG said connecting the sensor to an air conditioning unit or other appliance will allow users to control the devices remotely through its smartphone app.

Adopting IoT technologies, companies will be able to track every aspect of their business – managing inventory, locating and deploying field service staff or fulfilling orders as quickly as possible. To this point, the two disciplines have approached cybersecurity differently.

But set-top boxes come with a remote control, a familiar interface, but one that other devices longing for a place in the home can’t just appropriate. “This disconnect creates gaps that attackers could exploit”.

2018 is when IoT will see a boom and e-commerce will see a halt.

Since the report was issued, Congress has stepped up its efforts to investigate the IoT and its implications for good and ill.

Are you a hardware startup, an Internet of Things (IoT) superfan or someone who just loves tinkering with things?

On July 29, 2015, the U.S. House of Representatives, Subcommittee on Courts, Intellectual Property, and the Internet held a hearing on the current and future challenges facing the Internet of Things.

In response to these developments, industry leaders have expressed concerns to Congress that such efforts at regulation could stifle innovation.

For example, a sensor attached to a washing machine door could report when the washing cycle was complete, or a sensor connected to a refrigerator could send a warning when a particular piece of food was about to go off, or report how many times the door is opened over a given period.

In March 2015, the Federal Trade Commission (FTC) established the Office of Technology Research and Investigation (OTRI) as the successor to the Mobile Technology Unit (MTU).

According to global cyber security and IT professionals surveyed, device manufacturers are falling short. The FTC notes that “what’s reasonable will depend on a number of variables, including the kind and amount of information collected, the type of functionality involved, and the potential security risks”.

To create a development environment for the IoT ecosystem worldwide, Intel founded the Intel IoT Solutions Alliance (ISA).

“We wanted to confirm or undermine the hypothesis that security vulnerabilities in connected devices are systemic”.

Privacy, by design, must be viewed as a requirement.

A range of key issues will include putting security at the core of IoT’s value proposition; privacy and IoT; innovation and security; and IoT trends for 2016.