Three steps for global IoT security
Managing security and complexityIn addition to embedding connectivity into assets, businesses must also effectively manage these assets. Arguably the most important element of this is managing IoT security. IoT devices are now responsible for almost a third of all security breaches observed in mobile networks, up from 16.17% in 2019, according to Nokia’s Threat Intelligence Report 2020. Most IoT projects are based on complex ecosystems, involving numerous players and covering a range of use cases, across multiple access technologies and device layers. Every IoT layer is prone to different risks. This creates a broad range of threats, from data interception and impersonation, to location tracking, denial-of-service fraud and SIM swap. Due to the scale and diversity of vertical sectors embracing the IoT, the potential impacts are severe. Imagine, for instance, a malicious actor taking control of endpoints in an industrial IoT setting a processing plant or smart grid. Taking advantage of the opportunities that the global IoT presents must therefore involve not only embedding connectivity and managing these assets, but also investing in robust security measures. IoT security can be strengthened in a number of ways. First, by leveraging a connectivity platform which provides asset management and security features. Second, via the use of a private IP Packet exchange (IPX). And finally, through increased collaboration and cooperation between all members of the IoT ecosystem.
- Adopt a connectivity platform
- Use a private IPX
- Collaborate and co-operate