Industrial IoT, IoT Security
Article | July 11, 2023
Nothing is more innovative or sophisticated than the products being made by the wearables industry in the "smart" era. Individuals track, analyze, monitor, and transmit personal data using these tangible wearable gadgets. Moreover, the adaptable wearable technology is opening up new horizons with business-focused smartphone apps. However, it is still in its early stages, and according to recent developments in this field, the major players in wearable technology are concentrating on developing products with a focus on business applications.
These intelligent Internet of Things (IoT) devices are now widely employed in a variety of businesses and help detect biometric data such as heart rate and sleep habits, among others. In the coming ten years, wearable IoT technology or devices ought to become an integral part of every individual’s daily life.
Businesses around the world are incorporating the newest technologies into their functioning and are looking at digitally altering their impact in the market. With the majority of people already accustomed to using smartphones, they are now also getting familiar with utilizing wearable technology, such as smartwatches, jewelry, and fitness bands. Therefore, the demand for applications is increasing along with technology as we become more technologically adept.
Rising Wearable Industries
Health and Fitness Wearables
The health, fitness, and fashion industries are closely related to any wearable technology or device. People are now frequently using smartwatches to monitor their heart rate and the number of steps they take when walking or running, which has boosted the industries with this technology. IoT devices include medical sensors to track progress in terms of health. It is possible to determine how healthy a person's lifestyle is by gathering accurate health statistics from these devices. Additionally, it monitors sleeping patterns, enhancing your overall quest for wellness.
Gaming Wearables
Gaming is a significant new market for wearable technology and one which is booming. The most prevalent category of wearables in the market is virtual reality (VR) headsets. With VR devices like the Oculus Rift or Playstation VR, players are immediately immersed in otherworldly experiences. Several kinds of breathtaking experiences are now accessible to players everywhere, thanks to VR wearables.
Connected Cars
Automobiles are steadily gaining traction among IoT devices, but they are still a small market (just 0.05 percent of all connected devices are cars), and Ford and Tesla are vying for the top spot. Ford has dominated the connected car market, with Subaru being the only other manufacturer to see any appreciable growth in new connections since July 2020. In contrast, other producers are fighting for a sizable market share as the potential to grow this segment is highly exponential.
Conclusion
Today, wearable technology is planned, developed, distributed, and used in a variety of consumer and corporate markets. The ways in which these markets overlap and influence one another are constantly changing. IoT will significantly change how businesses engage with customers, streamline their operations, and contribute to the creation of a system that relies on such data.
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IoT Security
Article | July 17, 2023
Internet of Things, generally known as IoT, is a network of objects or things. Embedded sensors help connect and exchange data with other objects via the internet. IoT is often related to the concept of smart homes, including devices like home security systems, cameras, lighting, refrigerators, etc. With all this data being transmitted over the internet, it is easy for the data to be modified, deleted, or stolen, which can lead to an invasion, theft, etc.
IoT forensics plays a vital role in maintaining the integrity and security of the data being transmitted. Join us as we explore this fascinating web of devices and how you can get started in this vibrant field of forensics.
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Security, IoT Security
Article | July 13, 2023
Building resilient IoT networks: Exploring the top technologies for enhancing IoT security and protecting as well as safeguarding against evolving cyber threats in the interconnected era of Industry 4.0.
Contents
1. What is Network Resilience and Why is it Needed?
1.1 Continuous Operation
1.2 Mitigating Security Threats
1.3 Data Protection
1.4 System Availability
1.5 Risk Management
1.6 Regulatory Compliance
2. Factors to Consider for Network Resilience
3. Top Trends in IoT Security
3.1 Zero Trust and AI
3.2 Supply Chain Security
3.3 Network Segmentation and Segregation
3.4 Over-the-Air (OTA) Updates
3.5 Device Authentication and Authorization
3.6 Software-defined Networking (SDN) Security
3.7 Identity and Access Management (IAM)
4. Conclusion
1. What is Network Resilience and Why is it Needed?
Network resilience refers to the ability of an IoT network to withstand and recover from disruptions, attacks, or failures while maintaining its essential functions. It involves implementing measures to ensure the network remains available, reliable, and secure, even during security threats or unexpected events.
Ensuring network resilience is a critical aspect of IoT network security. Network resilience refers to the ability of an IoT network to withstand and recover from disruptions, attacks, or failures while maintaining its essential functions. Ensuring network resilience in IoT network security is crucial for the following reasons:
1.1 Continuous Operation
IoT networks often support critical applications and services that require uninterrupted operation. Network resilience ensures that these applications can continue functioning even during disruptions, such as network failures or security incidents. It minimizes downtime and ensures business continuity.
1.2 Mitigating Security Threats
IoT networks are susceptible to various cybersecurity threats, including malware, unauthorized access, or Distributed Denial of Service (DDoS) attacks. Network resilience measures help mitigate these threats by implementing security controls, monitoring network traffic, and enabling prompt detection and response to security incidents.
1.3 Data Protection
IoT devices generate and transmit vast amounts of sensitive data. Network resilience safeguards data integrity, confidentiality, and availability by implementing secure communication protocols, encryption mechanisms, and access controls. It ensures that data remains protected even during network disruptions or security breaches.
1.4 System Availability
IoT systems often rely on real-time data processing and communication. Network resilience ensures that data flows seamlessly, allowing IoT devices to exchange information and execute tasks without interruptions. It supports critical functions such as monitoring, control, and decision-making processes.
1.5 Risk Management
Building network resilience helps organizations effectively manage risks associated with IoT deployments. By identifying vulnerabilities, implementing protective measures, and having response plans in place, organizations can minimize the impact of security incidents, reduce financial losses, and maintain the trust of stakeholders.
1.6 Regulatory Compliance
Many industries have specific regulations and standards governing the security and resilience of IoT networks. By ensuring network resilience, organizations can demonstrate compliance with these requirements, avoiding penalties, legal issues, and reputational damage.
2. Factors to Consider for Network Resilience
Implementing redundancy and failover mechanisms within the network infrastructure helps mitigate the impact of single points of failure. This involves deploying backup systems, redundant network paths, and failover mechanisms to ensure continuous operation despite a failure or attack. Traffic Monitoring and Anomaly Detection for Continuous network traffic monitoring helps identify abnormal patterns or behaviours that may indicate security threats or attacks. By leveraging intrusion detection and prevention systems (IDPS) and traffic analysis tools, organizations can promptly detect and respond to network anomalies, safeguarding network resilience. Moreover, segmentation and Isolation: Dividing the IoT network into segments or zones and isolating critical devices or systems from less secure ones enhances network resilience. Implementing proper network segmentation, VLANs (Virtual Local Area Networks), or software-defined networking (SDN) enables effective control, containment, and mitigation of security incidents.
DDoS attacks significantly threaten network resilience by overwhelming the network's resources and causing service disruption. Deploying robust DDoS protection measures, such as traffic filtering, rate limiting, and traffic diversion, helps mitigate the impact of such attacks and ensures network availability. Incident Response and Establishing comprehensive incident response and recovery plans specific to IoT network security incidents is crucial. These plans should outline clear procedures, roles, and responsibilities to efficiently respond to and recover from security breaches or disruptions, minimizing downtime and maintaining network resilience. In addition, regular penetration testing, vulnerability assessments, and network audits help identify weaknesses and vulnerabilities in the IoT network infrastructure. Promptly addressing these issues through patches, updates, and security configuration adjustments strengthens network resilience by proactively addressing potential security risks.
By implementing these measures, organizations can enhance the resilience of their IoT networks, ensuring continuous operation, prompt threat detection, and effective response to security incidents. Network resilience plays a vital role in maintaining IoT systems' integrity, availability, and reliability in the face of evolving security challenges.
3. Top Trends in IoT Security
3.1 Zero Trust and AI
Zero Trust is an emerging security concept that assumes no implicit trust towards devices or users, even if they are already inside the network perimeter. Implementing Zero Trust principles in IoT networks can help mitigate the risks associated with compromised devices and unauthorized access for IoT security. In order to bolster cybersecurity measures, adopting a zero trust approach. Effectively addressing cybersecurity challenges entails not merely technological solutions but a comprehensive organizational strategy rooted in cultural and policy frameworks. Emphasizing the zero trust concept underscores the importance of policy implementation throughout the entire organization, complementing technological measures.
3.2 Supply Chain Security
The complex and interconnected nature of IoT supply chains introduces security risks. The supply chain for IoT devices involves multiple stages, including device manufacturing, software development, distribution, and deployment. Each stage presents potential security risks that can compromise the integrity and security of the IoT network. This includes adopting secure supply chain management practices, such as verifying the security practices of suppliers and manufacturers, and establishing clear security requirements and standards for the entire supply chain. Conducting third-party risk assessments helps evaluate the security posture of suppliers and vendors to identify any potential vulnerabilities or weaknesses.
3.3 Network Segmentation and Segregation
In IoT security, minimizing the potential impact of a compromised IoT device is crucial, and network segmentation and segregation play a vital role in achieving this goal. Network segmentation involves dividing the network into separate zones or segments, based on factors such as device type, functionality, or security requirements. The containment strategy helps minimize the impact of a security breach by isolating compromised devices and preventing lateral movement within the network.
3.4 Over-the-Air (OTA) Updates
Software updates play a critical role in maintaining the integrity and security of IoT devices. IoT devices frequently require updates to address software bugs, patch vulnerabilities, or introduce new features. Over-the-Air (OTA) update mechanisms are being enhanced with robust security measures to ensure the secure delivery and installation of updates. Code signing is a prevalent practice where updates are digitally signed with cryptographic keys to verify the authenticity and integrity of the software. Secure boot is another important mechanism that establishes a chain of trust during the device boot-up process, ensuring that only authorized and tamper-free software is loaded onto the device.
3.5 Device Authentication and Authorization
The increasing number of IoT devices poses a significant challenge in ensuring secure and trusted authentication and authorization. Two-factor authentication (2FA), for example, adds an extra layer of protection by requiring users or devices to provide two separate forms of authentication, such as a password and a unique code sent to a mobile device. Digital certificates, on the other hand, enable secure and trusted device authentication by leveraging public key infrastructure (PKI) technology. Each IoT device is issued a unique digital certificate, which serves as a digital identity, allowing for secure communication and verification of device authenticity.
3.6 Software-defined Networking (SDN) Security
Securing Software-defined Networking (SDN) environments is paramount to protect IoT deployments. SDN offers centralized control and management of network resources, providing flexibility and scalability. This ensures that only authorized entities can access and make changes to the SDN infrastructure, preventing unauthorized access and configuration changes. Additionally, continuous traffic monitoring and analysis enable the detection of suspicious activities and potential security breaches. Encryption IoT standards and protocols should be employed to secure communication between the SDN controller, switches, and IoT devices, safeguarding data privacy and integrity. Network segmentation within the SDN environment helps limit the impact of security breaches, reducing the attack surface.
3.7 Identity and Access Management (IAM)
Implementing IAM solutions, such as role-based access control (RBAC) and multi-factor authentication (MFA), within IoT networks significantly enhances network security. IAM ensures that only authorized individuals can access and interact with IoT devices and systems. RBAC enables administrators to assign specific access privileges based on user roles and responsibilities, reducing the risk of unauthorized access. Additionally, incorporating MFA adds an extra layer of security by requiring users to provide multiple forms of authentication, such as a password and a unique token or biometric verification. This significantly reduces the risk of unauthorized access even if a user's credentials are compromised.
4. Conclusion
The technologies discussed in this article play a crucial role in enhancing IoT network security and resilience. By leveraging these technologies, organizations can mitigate the risks associated with IoT deployments, protect against cyber threats, and ensure the reliability and continuity of their IoT networks. As the IoT landscape evolves, staying up-to-date with these top technologies will be essential for organizations to maintain a robust and secure IoT infrastructure.
The transformative landscape of Industry 4.0 demands strong network security in IoT environments. The top technologies discussed in this article empower organizations to enhance network resilience, protect against cyber threats, and ensure the uninterrupted functioning of IoT networks. Embracing these technologies and staying ahead of emerging threats, helps organizations build a secure foundation for their IoT deployments and capitalize on the vast opportunities offered by the IoT ecosystem.
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Enterprise Iot
Article | August 3, 2022
The evolution of internet-based market models has changed the way businesses operate. Present-day businesses know that data visualization in business intelligence is integral to competitive success. Therefore, businesses are now expanding their data and intelligence retrieval capacities. As a result, IoT (Internet of Things) data visualization is gaining popularity among industrialists and researchers across various disciplines.
In corporate finance, IoT-based efficient data visualization analyses data from multiple sources with the help of corporate analytics management tools and manages data quality for business intelligence to reduce the risk of leaks.
Impact of IoT Data Visualization on Corporate Finance BI
Data is everywhere— right from a customer's first visit to your company’s website until he signs out, all the behavioral patterns and data are tracked. All this data becomes useless unless it is utilized for a particular purpose.
Analyzing this data to predict future trends is one of the significant benefits of smart data visualization tools and technologies. It helps to slice and dice the data gained from different sources of different complexity levels to the minute granular level. Business intelligence utilizes these insights and the existing database to run risk analysis.
It gives an overview of your financial performance and the risks and exposures it faces. And if you switch the KPIs at the center of any dashboard, your entire team can instantly access the most important and relevant data.
IoT data visualization can measure big data on customers more efficiently, allowing organizations to add value to their customers. Customized tools will analyze your customers’ data and produce reports according to specific customer needs to help you get a deeper insight. Corporations can also utilize this data to better understand their competitors’ benchmarks.
Customizable IoT Data to Store Millions of Data Points in One Place
IoT collects millions of data from various complex sources. The data visualization dashboard contains multiple widgets that convert this data into various forms, such as line graphs, geographical maps, bar charts, pie charts, gauges, heat maps, etc.
This information, transmitted into multiple visualizations, helps organizations to unlock every piece of data into a valuable asset.
The Benefits of Using IoT Data Visualization
Businesses can collect, analyze and monitor a variety of data using IoT, such as internet usage data, video surveillance data, mobile app usage, and social media. It helps businesses to design products and provide personalized value-added services to drive better consumer engagement. Here are some key benefits IoT data visualization offers:
Unlock multiple insights across various verticals
Addressing important financial concerns proactively
Combination of multiple data sources into a single insightful dashboard
Multi-layered visual data.
Combines new data with the existing data to analyze new business opportunities.
Better performance on IoT data flow.
Analyze multiple data correlations in real-time
Improved Collaboration
Well-coordinated and efficient performance.
Cost reduction
Accurate data interpretation
Mitigate risk factor
Better decision making
Conclusion
Hands down, IoT data visualization intelligence in a company’s business operations will lead to better decision-making. But, before you choose an IoT data visualization tool for your business, you should know what kind of data you need to analyze and if you need any additional historical data. Because IoT services offer data visualization tools and techniques to analyze and monitor the data accordingly to predict future trends. So, it’s important to identify the goals before selecting a tool for your organization.
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