How Can Businesses Reduce IoT and IIoT Security Risks?

Abhinav Anand | July 6, 2022 | 196 views | Read Time : 7:00 min

How Can Businesses Reduce IoT and IIoT Security Risks?
The Internet of Things (IoT) and Industrial Internet of Things (IIoT) markets have experienced explosive growth as a result of the digital industrial revolution that followed the COVID-19 epidemic. To fully benefit, however, organizations have had to handle security concerns associated with these revolutionary technologies. Therefore, finding the correct security strategy is crucial for any organization because of the increasing dependency on IoT and IIoT to manage essential business systems.

IoT and IIoT can be implemented quickly, but they come with inherent vulnerabilities. This risks businesses from cyberthreats such as device theft, spoofing, denial of service attacks, and data breaches or siphoning. Attacks of this nature adversely affect an organization's operations, finances, safety, and reputation.

Many IoT and IIoT devices have passwords hard-coded into their firmware, making it challenging to patch or update security, which is a significant problem. Even when security is deployed on a device, it can usually be bypassed by taking advantage of a variety of known weaknesses. As a result, IT teams may find it challenging to identify an occurrence when IoT or IIoT devices are compromised before affecting systems and data.


Mitigating IoT and IIoT Security Risks

  • Separate IIoT and wireless devices from the SCADA or ICS network. Micro-segmentation allows only authorized device connectivity in certain circumstances.
  • Control network access by monitoring what connects and validating each device's security.
  • Demand visibility across all enterprise security networks and devices. This should be centralized so all devices, networks, risks, traffic, and policies can be handled in real-time across production and IT environments.
  • Use an intrusion protection system (IPS) to identify threats and patch IoT and IIoT devices virtually. Counter unexpected attacks with active protection and deception techniques.

It's crucial to check that security solutions can grow automatically to meet business requirements before using them. This entails responding to network changes, foreseeing risks and controlling them proactively, and offering real-time threat intelligence.

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Besi Netherlands B.V. is a product division of BE Semiconductor Industries N.V., which is publicly listed as BESI on EURONEXT (Amsterdam, the Netherlands). Besi Netherlands B.V. develops and manufactures machines for the semiconductor industry under the brand name Fico.

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