Microsoft identifies top internet of things security trends

Sean Dudley
Sean Dudley
By Sean Dudley on 26 August 2016
Microsoft identifies top internet of things security trends

Microsoft has highlighted a number of the top security trends around the internet of things (IoT).

In a new blog post, the key security areas to cover when organisations are looking to tap into the power of IoT have been outlined. 

In some cases, IoT adoption has been hindered by fears around risk and the complexity of such a diverse environment. In order to be successful and alleviate risk, companies and organisations should look to secure their networks, protect customers, and can in turn enhance productivity.

The first security trend Microsoft points to is around the use of mobile devices. With IoT, company employees can generate, store and retrieve data that’s critical to their work from almost any location. However, it is vitally important to ensure that this data doesn’t end up in the wrong hands, as financial loss and the compromising of intellectual property can be the result.

The second trend is around the possibilities of IoT, for both the enterprise but also for hackers. Predictions from Microsoft indicate that more than 50% of large IoT implementations for which cloud-based security services will be essential to functioning safely by the 2020. Microsoft has also predicted that more than 10% of IT security budgets will be spent on IoT by 2020, but that 25% of cyber attacks will focus on IoT by 2020.

A further trend was around the widespread use of web apps and smartphones, which is creating more target-rich IT environments. This is backed up by Microsoft statistics which include a 78% year-over-year growth of cybersecurity breaches in the year 2014, and that 15-20% of the internet’s value is extracted by cybercrime.

The final key IoT security trend highlighted focuses on the hacker themselves, and that persistence is often key to their success. It is often in excess of 200 days before attackers are identified on a network. Microsoft also indicated that around 1.5 million fraudulent login attempts are automatically deflected every day for its consumer online services. 

Number of views (6558)/Comments (-)

Comments are only visible to subscribers.

Theme picker