The Sorry State of Internet Security In Recent IoT Ecosystem
Talking about IoT makes us cool but neglecting it’s security aspects will certainly make us fools. Einstein once said, “It has become appallingly obvious that our technology has exceeded humanity”. We are now at a point where the internet and its things are for real exceeding human race. Internet of Things (IoT) is the biggest yet wave of the internet sensation. IoT has the potential to connect nearly 28 billion ‘things’ to the internet by 2020, ranging from bracelets to your washing machines to cars. While the earlier developments of the internet mostly affected the technology industry, we believe IoT will go beyond technology to revamp every industry.
Data security and human safety
From closed networks to public networks, the internet has come a long way with an alarming pace. This has very justly raised alarms about security. As you put your time, money and trust on intelligent, interconnected devices in almost every field related to your life, how can you ensure your data security? How do you protect your devices from intrusions that could compromise your privacy?
This is not something new, protection of data has been a point of concern ever since two computers were connected to each other. But with the increasing commercialization of the internet, security concerns took over personal privacy, financial issues and the threat of public safety. In IoT, security is quite inseparable from safety. Be it accidental or intentional, cybertheft poses a threat to human life.
Why and how you ask?
Think about interference with the controls of a pacemaker, a car, or a nuclear reactor. How do you think it can end up? In a perfect world, manufacturers would take this very seriously and start developing more secure IoT devices while preserving their ease of use. But that’s not happening in our not so perfect world.
But why do you think is this “sorry state of IoT security”?
To start with, IoT is still in its innovation phase. Only once the technology is properly established, then only quality control can really be a successful venture. Right now, manufacturers are rushing the internet of things products to market. Spending on IoT’s security is not the manufacturer’s first priority. In fact, security becomes a casualty of the drive to get an innovative and affordable product out the door. Even if someone did address security at all, they have probably used some not so high-end technology. So that it doesn’t come in the way of convenience for the end user.
The fact that many companies are diving into IoT from other markets and don’t have the expertise to foresee and address even common security pitfalls, is not good for the IoT ecosystem.
Now, if the IoT market is so vulnerable and insecure, why don’t we hear that many IoT security catastrophes? Ask yourself how many IoT devices are really there in your daily use?
Though the numbers are growing every minute perhaps, the average consumer is still not buying that many. So, where is this growth coming from? Conglomerate drive the IoT numbers now, rather than the consumer market. Manufacturing units tops the list followed by finance and insurance, media and entertainment, healthcare, retail, and transportation.
This will raise more eyebrows than ever. Security breaches in industries like manufacturing can be disastrous, it will be unthinkable in sectors like finance and insurance, and let’s not even think of the potential risks in healthcare.
Therefore, when and how do we get a secure and reliable internet of things?
We are right now not equipped enough to offer a definitive answer on how IoT security challenges can be resolved, or when. But we might defeat the security issues in IoT by going through a multi-layered approach to security that starts with power supply, establishes a trustworthy computation, and anchors that trust into something strong. Devices should have embedded security from schematic to final assembly
IoT developers should keep this in mind that security cannot be an additional point, rather it is something paramount. Not revolution but evolution is all we need. Stop looking for the solution that doesn’t even exist, try to evolve technology we already have and BAM! here is your secure IoT device.
5G- the new wireless world is expected to unleash a massive IoT ecosystem, we need to prepare ourselves to be able to absorb that.