Top 5 Trends in IoT Data Security in 2023

Top 5 Trends in IoT Data Security in 2023
5G trends are shaping the future of various technologies, from the Internet of Things to virtual reality. Learn more about the top trends in 5G to stay ahead of the competition in this sector.

Contents


1 The Current State of IoT Data Security
2 Top Trends in IoT Data Security in 2023
3 Conclusion

As the Internet of Things (IoT) continues to rapidly expand, data security has become a critical concern for businesses and consumers alike. With recent high-profile breaches and cyberattacks, the latest trends in IoT data security focus on implementing stronger encryption and authentication protocols, as well as enhancing device-level security measures to protect sensitive data from potential threats.


1 The Current State of IoT Data Security

The growing adoption of IoT has led to a digital transformation in the way businesses operate. IoT technology has enabled organizations to collect and analyze vast amounts of data in real-time, allowing for improved decision-making, increased operational efficiency, and enhanced customer experiences. Despite these benefits, organizations are currently facing significant IoT data security challenges that must be addressed to fully realize the potential of this technology.

Companies recognize unauthorized access (43%), data privacy (38%), and data integrity (31%) as top IoT security challenges.

                                                       (Source: Statista)

Businesses are actively addressing these security challenges by investing in IoT and data security solutions. The global market for IoT data security continues to grow, and companies are increasingly investing in strategies for data security in the IoT. To secure access to mission-critical connected devices and sensitive data, it is imperative for businesses to keep track of IoT trends in data security.


2 Top Trends in IoT Data Security in 2023


2.1 Emergence of AI-powered Security Solutions

AI-powered security systems can rapidly detect and respond to attacks, reducing the likelihood of significant damage to IoT devices or networks. In particular, its ability to analyze vast amounts of data in real-time and identify anomalies or potential security threats makes AI a vital component of an IoT data security strategy.

Detecting an IoT security breach in progress is possible with AI security systems, which identifies unusual behavior by analyzing data patterns from IoT devices. AI can also be used to diagnose potential vulnerabilities in IoT devices and networks, allowing organizations to take proactive measures to address them before they are exploited.

The pattern recognition capabilities of AI also help secure IoT technology through predictive analytics. By analyzing past data breaches and attacks, AI systems detect potential cyberattacks and develop predictive models to detect and respond to them proactively.

AI-driven security systems have the potential to streamline incident response by lessening the load on cybersecurity teams and reducing response time. The ability to adapt and learn from a previous cyberattack allows machine learning (ML) algorithms to create novel strategies that prevent similar attacks in the future.

AI represents a significant development in addressing IoT security concerns since it provides sophisticated capabilities to protect IoT networks and devices that conventional security measures cannot provide. AI-enabled security systems deliver immediate identification, reaction, and deterrence of possible threats, which is why they will be critical in ensuring data security in the IoT.


2.2 Potential of Blockchain Technology

Blockchain's unique features, such as decentralization, immutability, and cryptographic security, provide a robust framework for secure communication and data sharing among IoT devices. By leveraging blockchain technology, businesses can ensure their IoT data's integrity, confidentiality, and authenticity.

One of the key advantages of using blockchain for IoT data security is its decentralized nature. Blockchain networks are distributed and run on a peer-to-peer basis, making it difficult for attackers to compromise the network. This also makes it an ideal solution for recording and securing data from multiple access points, such as IIoT systems.

Additionally, blockchain networks are designed to be immutable, making them an ideal solution for IoT data security and providing a tamper-proof and transparent ledger for recording data flow. This can help enterprises identify and mitigate security threats more quickly and efficiently, reducing the risk of cybersecurity incidents. A research paper published in Wireless Networks highlights the advantage of using a Blowfish Blockchain Model to enable IoT data sharing security, particularly for multimedia content.

Blockchain technology is a promising solution for securing IoT data. Its unique features, including decentralization, immutability, and cryptographic security, make it an ideal candidate for many IoT use cases. This technology can potentially transform data security for IoT devices by offering the IoT sector the solution it requires.


2.3 Growing Use of Zero-trust Security Frameworks

Zero-trust frameworks ensure that only authorized devices and users can access sensitive data and systems, protecting against insider threats and external attacks. This is especially important in IoT environments, where devices may lack traditional security measures like firewalls and antivirus software.

Device identity management is a critical component of zero-trust security for IoT data. Only recognized devices are allowed access to a network or data by leveraging processes and technologies that authenticate device identity. With Zero Trust, any connected device must be authorized before accessing any resources, including data.

By closely monitoring and managing access, businesses can maintain the security of the IoT. This protects against threats that exploit weak device identity management. Overall, zero-trust security frameworks are essential for safeguarding IoT data from malicious actors and protecting the integrity of IoT ecosystems.


2.4 Greater Emphasis on End-to-end Encryption

IoT poses a threat to data security when users do not take proper measures to protect the data generated. End-to-end encryption provides a strong layer of protection against unauthorized access, interception, and other cyber threats by encrypting data at the source, during transmission, and at rest.

IoT devices collect and process a wide range of sensitive data, from personal information and financial data to critical infrastructure and medical records. This data is often transmitted over networks and shared with cloud services, and the risk of cyberattacks during transmission cannot be ignored.

End-to-end encryption can provide a strong layer of protection by encrypting data at the source, working to improve the limited data security of the IoT. As the use of IoT devices continues to grow, implementing end-to-end encryption will become increasingly important for ensuring the security and privacy of sensitive IoT data.


2.5 Industry and Government Collaboration

In late 2021, the UK and Singapore governments became the first to announce obligatory security requirements for specific categories of IoT devices. Due to IoT data security risks, other countries have also defined guidelines, best practices, certifications, or labeling efforts for IoT devices. However, adoption among IoT device makers and vendors has been slow.

The National Institute of Standards and Technology (NIST) has been working on establishing cybersecurity guidelines for IoT devices. In June 2022, NIST incorporated consumer IoT cybersecurity criteria into its family of IoT cybersecurity guidance. NIST is also working with the IoT industry to design, standardize, and test solutions for IoT security controls.

By discussing IoT device security concepts and establishing guidelines in collaboration, the industry and the government can foster adoption of general methods to protect IoT devices from cybersecurity breaches. Such cooperation can be crucial in ensuring that IoT devices are secure from cyber threats and that IoT device makers and vendors adopt best practices for IoT device security.


3 Conclusion

The trends in IoT data security showcase several proactive measures that can be taken to protect sensitive data in a rapidly evolving technological landscape. In addition, organizations are moving towards a more comprehensive approach to IoT data security with the emergence of AI-powered security solutions, blockchain technology, and the shift to zero-trust security frameworks.

As IoT devices continue to proliferate, organizations must prioritize security and data protection to prevent data breaches and cyberattacks. This emphasizes the need for collaboration between industry and government to strengthen security measures and improve IoT device security by building with a ‘secure by design’ approach.

Spotlight

Option

"Option connects Things to the Cloud. Headquartered in Belgium and with offices in Europe, the United States, China, Japan and Australia, Option specializes in wireless solutions enabling Machine to Machine (M2M) communication. With more than 25 years of experience and many industry firsts, the Company is ideally positioned to offer efficient, reliable and secure solutions across a variety of industries and applications. Option partners with system integrators, value added resellers, application platform providers, value added distributors and network operators to bring tailor-made solutions to customers around the world."

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At the same time, Tuya has integrated Aurora Serverless, which includes seconds-level elastic expansion and contraction, allowing Tuya to handle extremely heavy business traffic smoothly. Tuya's customers are located throughout more than 200 nations and regions, and they deal with widespread access to IoT data. Different countries and regions have different regulations on data compliance, such as GDPR and local PII. Tuya needs to adhere to each region's data security compliance regulations. As Tuya's primary business data storage provider, Amazon Aurora was among the first in the public cloud sector to enable physical encryption for database products, which significantly decreased the cost of Tuya's security compliance transformation and gave Tuya excellent basic security guarantees. In addition, Tuya is continuously testing out additional new innovation unique to Aurora, such as Enhanced Binlog, zero-ETL, and Limitless Database. Aurora's ongoing investment in innovative technologies provides more opportunities for Tuya to expand its business. Additionally, based on Tuya's comprehensive IoT developer platform architecture, both parties have collaborated to enhance Tuya IoT applications performance indicators like stability, low latency, scalability, and security in the real-world application of databases, revealing more potential and possibilities and enabling the IoT. Tuya and AWS: Continuously promoting the evolution of cloud experience Data-driven approaches will usher in a new era of innovation in tandem with the swift advancement of data applications. At this year's re:Invent conference, Peter DeSantis, Senior Vice President of AWS, reviewed the relational database's development history in great detail. In 2014, AWS created Aurora based on log architecture. In 2018, the release of Aurora Serverless allowed for seamless scaling of database resources through virtualization technology. This year, AWS announced the launch of the Amazon Aurora Limitless Database, which automatically scales to millions of write transactions per second well beyond current limits of a single PostgreSQL instance. It is apparent from Amazon Aurora's development history that AWS has always been dedicated to innovation. Customers and partners from a range of industries actively utilizes AWS to enable rapid innovation in a variety of ways, while also working together to enhance the cloud experience. Similar to how Tuya and AWS work together, Tuya's effective and user-friendly IoT developer platform and rich and varied IoT solutions have built a significant lighthouse, embracing the Amazon Aurora's innovation and accelerated the process of building a more secure and reliable IoT database use case. Amazon Aurora VP Yan Leshinsky said, "Amazon Aurora is the fastest growing service in the history of AWS and is trusted by hundreds of thousands of customers. We innovate by working backwards from customers' needs, and we appreciate the feedback that Tuya has shared. We remain committed in developing new Aurora features and capabilities so all customers can accelerate their applications' capabilities and business growth by using Aurora." "Tuya has always committed to strengthening advanced and valuable innovations, while offering open and neutral ecosystem assistance for global partners. We provide our developers with enhanced operational and maintenance control, adaptable data storage options, superior product experience, and a global business layout by utilizing the Amazon Aurora database. We will continue to work with AWS to benefit the world in the future in areas including technology, ecosystems, and cloud computing, helping customers achieve commercial success." said Eva Na, Vice President of Marketing and Strategic Cooperation, and CMO of Tuya Smart. Enhancing the partnership with AWS, Tuya delivered IoT best practice using Amazon Aurora database, giving the industry's growth additional impetus. Tuya will maintain its open and neutral stance going forward, collaborating with cloud service providers like AWS to offer global developers a more secure, reliable, and productive cloud environment, thereby advancing the innovation and development of the entire industry.

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Enterprise Iot

Nozomi Networks Delivers Industry's First Multi-Spectrum Wireless Security Sensor for Global OT and IoT Environments

Nozomi Networks | January 25, 2024

Nozomi Networks Inc., the leader in OT and IoT security, today introduced Guardian Air™, the industry's only wireless spectrum sensor purpose-built for OT and IoT environments worldwide. With 80 percent of new IoT deployments wirelessly connected, wireless is quickly becoming a preferred network. The explosion of wirelessly connected devices increases potential access points and exploitation of networks. This puts critical infrastructure at risk of cyberattacks and disruptions to operations. Guardian Air provides much-needed visibility into wirelessly enabled devices which until now were only detected once connected to the wired network. Guardian Air monitors several prominent wireless frequencies, not just Bluetooth and Wi-Fi, to provide security teams with immediate visibility of connected sensors, devices, laptops and cell phones. With the addition of Guardian Air, customers have a comprehensive network solution all in one integrated platform. "Nozomi Networks has once again innovated to address an unmet need for wireless-level monitoring in OT and IoT environments," said Danielle VanZandt, an industry manager for commercial and public security research at Frost & Sullivan. "From smart manufacturing to digital medicine, to building automation, to modern oil field production and more, today industrial organizations are relying on billions of wireless devices to speed production and time to market. Guardian Air gives IT security professionals and OT operators the visibility they need to get a firm handle on wireless risk management and response." With Guardian Air, IT security professionals and OT operators can: Continuously monitor prominent wireless frequency technologies used in OT and IoT environments including Bluetooth, Wi-Fi, cellular, LoRaWAN, Zigbee, GPS, drone RF protocols, WirelessHART and more, Immediately detect wirelessly connected assets and gain asset information to quickly address unauthorized installations, Detect wireless-specific threats, including brute force attacks, spoofing, and bluejacking – with the added ability to determine the location of the devices performing the attacks, Seamlessly integrate wireless data into a single OT & IoT security platform that unifies asset visibility from the endpoint and across wired and wireless networks. "Wireless is fundamentally changing the way industrial organizations operate. Unfortunately, it also massively expands the potential attack surface," said Nozomi Networks Co-founder and Chief Product Officer Andrea Carcano. "Guardian Air solves this problem by giving customers the accurate visibility they need at the wireless level to minimize risk while maximizing resiliency. Because Guardian Air integrates easily into the Nozomi Networks Vantage platform, customers can combine network, endpoint and wireless for the greatest visibility, threat detection and AI-powered analysis for real-time security management and remediation across the entire attack surface." The Nozomi Guardian Air wireless sensor will be available this spring from Nozomi Networks and its extensive global network of channel partners. About Nozomi Networks Nozomi Networks accelerates digital transformation by protecting the world's critical infrastructure, industrial and government organizations from cyber threats. Our solution delivers exceptional network and asset visibility, threat detection, and insights for OT and IoT environments. Customers rely on us to minimize risk and complexity while maximizing operational resilience. www.nozominetworks.com

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IoT Security

AppViewX Digital Trust Platform Named IoT Security Product of the Year

AppViewX | January 12, 2024

AppViewX, the leader in automated machine identity management (MIM) and application infrastructure security, today announced the AppViewX Digital Trust Platform has been named IoT Security Product of the Year in the 8th annual IoT Breakthrough awards program, which showcases technologies and companies that drive innovation and exemplify the best in IoT technology solutions across the globe. IoT Breakthrough is a leading market intelligence organization that recognizes the top companies, technologies and products in the global IoT market. The mission of the IoT Breakthrough Awards program is to recognize the innovators, leaders and visionaries from around the globe in a range of IoT categories, including Industrial and Enterprise IoT, Smart City technology, Connected Home and Home Automation, Connected Car, and many more. This year's program attracted nominations from companies all over the world. “Unmanaged machine identities for IoT devices can create critical security vulnerabilities, but for most organizations discovering, maintaining visibility into and controlling them has become manually unfeasible,” said Gregory Webb, CEO of AppViewX. “The AppViewX Digital Trust Platform automates IoT identity management at scale across the largest, most complex and distributed customer environments, allowing customers to achieve significantly stronger security posture and meet compliance requirements.” All IoT Breakthrough Award nominations were evaluated by an independent panel of experts within the IoT industry, with the winning products and companies selected based on a variety of criteria, including most innovative and technologically advanced products and services. About AppViewX Digital Trust Platform Out of the box, AppViewX provides instant value to customers by discovering all certificates across complex enterprise environments, building and maintaining inventories, provisioning both private and public trust certificates from any CA, alerting to expiring certificates and fully automating renewals and revocation to eliminate outages and security weaknesses across machines, applications, services, and security infrastructure. About AppViewX AppViewX is trusted by the world’s leading organizations to reduce risk, ensure compliance, and increase visibility through automated machine identity management and application infrastructure security and orchestration. The AppViewX platform provides complete certificate lifecycle management and PKI-as-a-Service using streamlined workflows to prevent outages, reduce security incidents and enable crypto-agility. Fortune 1000 companies, including six of the top ten global commercial banks, five of the top ten global media companies, and five of the top ten managed healthcare providers rely on AppViewX to automate NetOps, SecOps, and DevOps. AppViewX is headquartered in New York with offices in the U.K., Australia and three development centers of excellence in India. For more information, visit https://www.appviewx.com and follow us on LinkedIn and Twitter.

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