Internet of Things is Cybersecurity’s Next Frontier

Oyster Bay, New York - 10 Oct 2014

​Securing the Internet of Things (IoT) is going to be a considerable challenge in the next decade, not least because the security implications are more varied than for traditional IT settings, according to ABI Research. New variables come into play, including safety considerations, consumer privacy, and data protection.Media coverage has hyped the advent of hacked toilets and spammer fridges, but the underlying trend is worrying because it highlights the fact that secure product development is not the norm for connected Things.

The IoT is subject to numerous vulnerabilities at all of its core layers: perception, network, and application. The balance between cost and risk often means Things are less likely to employ more complex, resource-intensive security, such as access control and authentication.

Some of these issues will be addressed at the gateway level or at the platform layer, but this is only part of the solution for strengthening Things more generally. “Embedded security, trusted computing, security protocols—these are all fledgling areas of product development for the IoT,” says Michela Menting, Cybersecurity Practice Director, “and manufacturers are still trying to find their feet and justify investment in secure design, development, and product lifecycle.”

A few players are nonetheless pioneering the way for strengthening the IoT. Slowly shaping the market in embedded security or the testing and auditing of IoT applications prior to launch are the first steps in providing a trustworthy base: Arrayent, Hewlett-Packard, Microchip, NXP Semiconductors, Sonatype, and Wind River.These companies are reviewed in ABI Research’s report on Securing the Internet of Things.

These findings are part of ABI Research’s Cybersecurity Technologies Market Research.

ABI Research provides in-depth analysis and quantitative forecasting of trends in global connectivity and other emerging technologies. From offices in North America, Europe and Asia, ABI Research’s worldwide team of experts advises thousands of decision makers through 70+ research and advisory services. Est. 1990. For more information visit www.abiresearch.com, or call +1.516.624.2500.

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