Business IoT: Understanding Risks, Utilization and Security

Thursday, April 4, 2019 by under Data & Cyber Security/Hacking, IoT (Internet of Things), Monitoring, Top Tips

Business IoT: Understanding Risks, Utilization and Security

Did you know an average 127 devices connect to the Internet every second? That’s 457,200 new devices every hour.

Internet of Things (IoT) technology has transformed the way we do business. Companies use IoT to collect actionable data for a variety of uses, including preventative maintenance for business software and automatic product upgrades and updates.

However, with more technology, there’s always an increased risk of cyber attack. Below, we explain IoT, its impact on data security and solutions to keep your business safe from hackers.

The Impact of IoT on Data Security

IoT refers to the growing network of devices that collect and share data through the Internet. Whether it’s a light bulb that functions through a smartphone app or the smart lock on your office door, you produce data every time you use a connected device.

As companies increasingly use IoT devices to generate and host data, there are more targets for hackers to exploit, gaining access to sensitive business information. This can be due to a lack of industry standards when it comes to built-in device security. IoT device manufacturers are not required to build products to meet minimum security thresholds, which makes IoT devices a prime target for cyber criminals. Always look for vendors that manufacture products with security in mind.

How to Secure IoT Devices

Your business data is extremely desirable to hackers. Financial data, employee records and consumer payment information are all valued documents they can exploit. Consider the following tips to keep your IoT devices and data secure:

We understand IoT devices can help your business work more efficiently, but you need to protect your business from risks. Contact a trusted security expert to keep your data and business secure.

How do you keep your business’ IoT devices secure? Share in the comments below.

The content herein is provided for informational purposes only, "AS IS" and without any representation, warranty or condition as to its accuracy or reliability. The content herein is not intended to modify, and does not modify, the terms and conditions of any agreement between you, including the company or entity you represent (“You”), and Vector Security, Inc. and/or its affiliates (collectively, “Vector”), or to create any legal obligation of Vector to You with respect to content or otherwise.


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