Companies turn to startups focused on the Internet of Things (IoT) to meet new security challenges.
Free access to this article is provided to you by MU Group.
Internet of Things, (Internet of Things, IoT) is a network of physical objects that are equipped with sensors, software, and other technologies for connecting and exchanging data with other devices and systems over the Internet. These networks include both ordinary household items and advanced industrial tools. Currently, there are over 15.4 billion devices connected to IoT, and experts expect this number to increase to over 29 billion by 2030.
However, with the growing IoT networks, the number of threats associated with them is also increasing. One of the most notorious examples of an attack using the Internet of Things took place during the ongoing war in Ukraine. Russian special services hacked cameras in residential complexes and cafes to monitor neighboring streets, gather intelligence about Ukrainian citizens, and monitor convoys with aid.
Although the above incidents are disturbing, IoT security threats can become even greater when edge processing enters the mainstream and advanced 5G networks introduce features such as Reduced-Capability (RedCap) 5G, which are designed to accelerate the adoption of IoT in enterprises.
Thanks to RedCap 5G, mobile devices with cellular connections, such as smartphones and watches, will be able to serve as hubs that provide connectivity with nearby devices with limited capabilities. Although this may help streamline workflows and ensure business performance, poorly secured mobile devices that automatically connect, for example, with industrial equipment for diagnostics, can also expose these devices to threats. Among them, Stuxnet-style malicious software, which can cause machine self-destruction, is most often mentioned.
– The greater number of endpoints also means that hackers have a larger attack surface to exploit, and security teams have to manage a significantly larger number of threats – said IDC analyst Jason Leigh.
However, there is a certain rescue that can limit the risk associated with IoT.
– With limited devices, it is difficult for complex malicious software to get through them. In addition, new network specifications [such as 5.5G] contain detailed information about security components that can be implemented at the network level to reduce risk – added Leigh.
In the foreseeable future, IoT security, like the IoT market in general, will be a complex problem without a simple solution from a single provider. Organizations should strengthen protection with existing providers, and then leverage these providers' partner ecosystems to increase the overall level of security.
In 2024, AI will bring about significant changes in the area of project and human resources management in small and medium-sized companies, and its proper use can affect not only work efficiency, but also savings. How to make the potential of this technology work to the benefit of your company?
Warsaw University of Technology Investment Factory is the first venture capital fund established by a Polish public university. What do we know about it?
Recently, the processes of creating applications and AI models are undergoing increasing changes. They are moving towards reducing the role of programming in their design and lowering the entry threshold into these areas. Tools such as no-code and low-code are partly responsible for this situation.
As the only company in the world, it is able to produce processors in the most advanced 3 nm technology. In addition, it owns the most expensive factory ever built, and its clients are Apple, NVIDIA and Intel. How did it happen that Taiwanese TSMC became one of the most important companies in the world?
English