John Grimm, senior director of security strategy at Thales eSecurity, had three IoT predictions to share with TechCo in particular. The industry will consolidate, for starters, but will still have more vulnerabilities than ever.
Acceleration of Consolidation
Perhaps the largest prediction Grimm makes is about the speed at which the IoT will restructure itself to introduce more comprehensive standards. That consolidation extends to how companies integrate IoT needs into their business, too: That consolidation of IoT resources can’t come soon enough, given the next prediction.
The Changing Face of Vulnerabilities
Breaches, hacks, and internet outages are all a potential problem for IoT devices or hubs, which means that cyber security — an industry with its own 2018 predictions — remains a growing concern. In short, hardware is a concern, no matter how long it has been around, given constant software developments. Staying updated might not be enough to keep your IoT devices totally safe. And, as we’ve mentioned before, the IoT’s networking capabilities mean it can be used for large DDoS attacks.
Analytics Tools
As IoT continues to become more common, businesses will realize that they now have a valuable source of data, and that data will need to analyzed, bringing analytics tools into a stronger focus than they are now. Perhaps by 2019, we’ll have a few more answers to the questions that 2018 will stir up in the IoT sector. Read more about the Internet of Things on TechCo