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IoT security – A barrier to deployment?

July 27, 2018 / ZENOBIA HEGDE

Security takes priority when it comes to the development and deployment of the Internet of Things (IoT), with Gartner predicting that by 2020, IoT security will make up 20% of annual security budgets.  According to Nick Sacke, head of Product and IoT, Comms365, as a potential inhibitor, analysts, vendors and stakeholders alike are concerned about the potentially significant security risks associated with IoT deployments. These concerns are playing a role in decision-making and end user confidence in deploying IoT services, particularly when it comes to utilising existing networks that are known to be vulnerable, for example, Wi-Fi, and those that are new and operate in the unlicensed spectrum, such as LoRaWAN and Sigfox. Standardisation, or lack of, within the IoT industry is also acting as a barrier to deployment, with older and newer networks deploying IoT, more standardisation regarding security policies is urgently required.