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Published October 26th, 2017 by

The Role of Security Analytics in Conquering IoT Threats

The evolution of technology has given rise to unavoidable security threats that require attention from the start. With the emergence of mobility solutions, connected devices and IoT together have raised certain concerns related to security.

Cyberattacks are not new to the world of digital computing. Ever since companies moved to mobile solutions and IoT app development, the issues started to emerge. Considering one of the devastating attacks referred as a distributed denial of service (DDoS) that took place in October last year infected a number of IoT devices. It was so severe that it took almost the entire U.S. East Coast offline for hours.

With predictions such that IoT will grow to 8.4 billion devices in 2017 and more than 20 billion devices by 2020, it becomes important than ever to address and monitor security miseries.

Anything connected to the internet could face an attack from a mischievous group of hackers, which is certainly one of the biggest barriers on the way to IoT success. This has made way for security analytics to IoT parlance, thereby mitigating the problem and preventing attacks of this nature.

What happens when security is not taken seriously?

Simply, it increases the risk of getting exposed to the outside world. Internal communications, strategies and every dataset stored on the premises lay open to intruders who are preying on such information for their vested interest. Connected mobile devices, which are quite prominent in the organizations currently, connect to the company’s network, which indirectly is a direct entry point for hackers to your infrastructure.

While there are several platforms covering IoT security standards, there are still high chances of creating a leak in the system. Outdated software, firmware and operating systems on the devices make data vulnerable to all such cyber threats. There is a need to re-evaluate the IT security strategy-making each person in the organization understand how they should guard against in case company’s data get compromised or the business suffers substantial downtime.

Vulnerable IoT devices can also have their functionality compromised, which could lead to potentially life-threatening situations. Consider an example from the medical field where records get wrongly interpreted by a monitoring device, which not only delays the treatment but leaves a patient in all sorts of troubles. Not just medicine sector, but automobile industry or a data research firm that depends solely on mobile and connected devices for accurate results, future strategies and goal setting can also find itself at risk.

This concern of IoT app development companies is only going to get worse in the near future. Organizations have to find a better way of handling security requests and be prepared for whatever comes their way. Security analytics is one fine way to deal with unexpected security threats especially when it comes to IoT devices.

Security analytics diminish IoT threats, here’s how?

The complex IoT landscape can be streamlined, sorted and secured with security analytics. With security analytics in place, monitoring of the IoT devices can be easy, with control over whom to allow permission while whom to deny the access. An insightful dataset can be formed which will help in making decisions that’ll be fruitful for the organization in the long run.

Additionally, security analytics can help you in detecting the red flags that can lead to attacks, let you know of devices in contact with unauthorized servers and much more. You can lock down the suspicious devices before a data theft or any accident.

Automation can help you a great deal here. Low priority concerns can be taken care of by the systems programmed using machine learning while the senior IT security professionals can consider other important security concerns that require more focus and attention.

According to the Bureau of Labor Statistics (BLS), Security Analyst is one of the fastest-growing jobs in the US. In the first quarter of 2016, security analyst jobs increased by 8%, which is expected to grow by 18% from 2014 to 2024. Clearly, the market is looking out for professionals who can lend their hand to them in safeguarding their organization’s data from intruders and hackers.

A robust and powerful security analytics platform is needed to accompany IoT domain for businesses to flourish at a rapid pace with security levels being the highest. There are countless cyber threats to counter for businesses, which can only be possible with the right paraphernalia. IoT and security analytics is the ultimate combination for your organization to avoid unreasonable risks.

Manish Jain
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Manish Jain

Managing Director at Konstant Infosolutions
Manish Jain is the co-founder and Managing Director of Konstant Infosolutions - Top Mobile App Development Company. He is responsible for the overall operations of the company and has played a major role in bringing Konstant up from its humble beginnings and, with his immense energy and drive, transforming it into a globally trusted name in IT solutions.
Manish Jain
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