Welcome!

@ThingsExpo Authors: Elizabeth White, Zakia Bouachraoui, Liz McMillan, Pat Romanski, Yeshim Deniz

Related Topics: @ThingsExpo, Mobile IoT, Cloud Security

@ThingsExpo: Article

IoT Security: Five Fundamentals | @ThingsExpo #BigData #IoT #IIoT #M2M

The reality is that the IoT is changing everything, especially cyber security

A key and wide-ranging tech trend that's affecting enterprises and consumers alike is the Internet of Things (IoT). It's a development that's already transforming how we work and live as entrepreneurial minds continue to create use cases for billions of connected things.

Small Image Credit: iotsecurityfoundation.org

Transformations of this magnitude come with growing pains. Gartner recently revealed unexpected implications arising from the IoT, pointing out that by 2020, firms will have increased annual security budgets by 20 percent (up from less than one percent in 2015) in order to address security compromises in the IoT. Even more disturbing is that Gartner expects that a black market exceeding $5 billion will exist to sell fake sensor and video data that enables criminal activity by 2020.

Everything from security cameras to smart TVs, wearables to point-of-sale systems and copy machines to the break room refrigerator are entering the corporate environment today, creating pin holes across the enterprise security landscape. It is clear that the malicious intent of hackers has not only increased, but it has become more creative. The reality is that the IoT is changing everything, especially cyber security, and without the proper tools, it's nearly impossible to know what is connecting to your network.

A Complex New Landscape
The fundamental nature of crime is changing as the IoT continues to expand. What used to be an individual hacker or two looking to make a buck or wreak havoc on a particular network has turned into a more distributed and better-organized crime fabric.

The infiltration of smart devices, while new and more efficient, may soon create more of a negative impact than a positive one. By using connected devices that are agentless, malicious actors are able to gain access to corporate networks and may not be discovered until after an attack.

Adding IoT vendors to the mix of those who deliver goods within the confines of corporate campuses only increases the complexity of the issue. CISOs now must extend their security monitoring policies and procedures to incorporate every supplier and vendor in the supply chain, no matter how benign their products might seem to network security.

This concern is not merely theoretical. A major carrier recently suffered from a breach when hackers posted 300,000 customer records online. Imagine the look on the CEO's face when he learned that the data was stolen from a third-party marketing firm involved in the carrier's supply chain. Smart CISOs and CIOs must look to implement vendor risk management processes as part of their own operational security reviews before they find themselves facing an angry board of directors who are looking for answers about how the breach occurred.

Five Fundamentals for IoT Security
Security, availability and compliance have become inseparable in an age of cloud, DevOps, BYOD and the IoT. More important, if you can't see it, you can't protect it, so before proceeding, be sure you know what is connecting to your network. Here are five recommendations to manage the corporate IoT environment.

  1. Map users to behaviors. To facilitate network forensics, map user identities, locations and behaviors. Look for solutions that help ingest more than just an event, but also correlate performance, log and security data. In addition, by looking at user IDs, locations and behavior patterns, you can determine if the user connecting to the network through proper login and password entries is authorized or is a malicious actor with stolen credentials.
  2. Analyze root causes. It's no longer good enough to simply monitor your network. Correlate across security, availability and performance for events, logs and configuration files. Today's security challenges require that network operations and security operations work together to ingest all meaningful data for analysis. Gone are the days of keeping technology domains in silos. By pulling together all available network data, it is possible to turn data collection into a weapon against hackers and create actionable information that provides a mechanism for improved root cause analysis.
  3. Cross-correlate and gather analytics. To improve correlation accuracy, rely on best practices and real-time network topology monitoring. Best-of-breed solutions incorporate rich analytics collection and cross-correlation along with third-party Big Data analytics tools to help network and security operations personnel apply methods that are faster and more accurate. If you can't measure it, you can't fix it.
  4. Use visual analytics to communicate to business stakeholders. Does upper management understand what has happened after a breach? With accountability moving down the chain of command, it's more important than ever to use the language of the business stakeholder. Communicate issues so that business people understand how IT affects the health of the business.
  5. Prepare proactively for compliance audits. No matter your industry, establish a compliance posture for formalized management and gain a deep understanding of how compliance failures may affect your organization, looking beyond the revenue impacts and potential for fines, plus embarrassing media exposure, to things like impact on trust with customers, supplier relationships and employee productivity. Consider solutions that report across common compliance frameworks such as PCI, ITIL, COBIT, SOX, and HIPAA.

Security for Today's Complexity
As the world becomes increasingly more connected, it will become impossible to prevent the presence of IoT devices in an organization's environment. They will come from both known and unknown sources. These devices provide the promise of many new and useful tools in the ability to perform business better and to predict unforeseen risks. Where you have identified the needs for IoT devices in your organization, ensure you fully understand the risk benefit analysis before deploying them. Methodologies such as Synthetic Transaction Monitoring can help you safely identify what the baseline behavior, or "normal" functionality, is as well as expected behaviors for how it should interact with other devices and applications in the network.

Like any vulnerable and protected resource, it's important to ensure these devices are kept behind trusted firewalls and, as with any device in your network, constantly monitor them for changes against normal. Other best-practice methods include establishing a "multi-tenant" reporting environment consolidating and isolating IoT devices into a unique and highly granulated reporting domain.

The applications of the IoT are limited only by the imagination - and, unfortunately, that goes for cybercriminals as well. Because of the IoT's inherent risk, IT organizations must find new ways to secure the network. This involves finding tools that overcome data silos and cross-correlate analytics in real time for a comprehensive window into the threat landscape. Such tools will help IT teams confront and overcome current security challenges and position them for what lies ahead.

More Stories By Tom Kelly

Tom Kelly is CEO of AccelOps. He is a technology industry veteran having led companies through founding, growth, IPO and strategic acquisition. He has served as a CEO, COO or CFO at Cadence Design Systems, Frame Technology, Cirrus Logic, Epicor Software and Blaze Software. He led successful turnarounds at Bluestar Solutions, MonteVista Software and Moxie Software, having served as CEO in repositioning and rebranding the companies in advance of their new growth. He serves on the Boards of Directors of FEI, Fabrinet, and ReadyPulse.

Tom is a graduate of Santa Clara University where he is member of the University’s Board of Regents.

Comments (0)

Share your thoughts on this story.

Add your comment
You must be signed in to add a comment. Sign-in | Register

In accordance with our Comment Policy, we encourage comments that are on topic, relevant and to-the-point. We will remove comments that include profanity, personal attacks, racial slurs, threats of violence, or other inappropriate material that violates our Terms and Conditions, and will block users who make repeated violations. We ask all readers to expect diversity of opinion and to treat one another with dignity and respect.


IoT & Smart Cities Stories
The platform combines the strengths of Singtel's extensive, intelligent network capabilities with Microsoft's cloud expertise to create a unique solution that sets new standards for IoT applications," said Mr Diomedes Kastanis, Head of IoT at Singtel. "Our solution provides speed, transparency and flexibility, paving the way for a more pervasive use of IoT to accelerate enterprises' digitalisation efforts. AI-powered intelligent connectivity over Microsoft Azure will be the fastest connected pat...
There are many examples of disruption in consumer space – Uber disrupting the cab industry, Airbnb disrupting the hospitality industry and so on; but have you wondered who is disrupting support and operations? AISERA helps make businesses and customers successful by offering consumer-like user experience for support and operations. We have built the world’s first AI-driven IT / HR / Cloud / Customer Support and Operations solution.
Codete accelerates their clients growth through technological expertise and experience. Codite team works with organizations to meet the challenges that digitalization presents. Their clients include digital start-ups as well as established enterprises in the IT industry. To stay competitive in a highly innovative IT industry, strong R&D departments and bold spin-off initiatives is a must. Codete Data Science and Software Architects teams help corporate clients to stay up to date with the mod...
At CloudEXPO Silicon Valley, June 24-26, 2019, Digital Transformation (DX) is a major focus with expanded DevOpsSUMMIT and FinTechEXPO programs within the DXWorldEXPO agenda. Successful transformation requires a laser focus on being data-driven and on using all the tools available that enable transformation if they plan to survive over the long term. A total of 88% of Fortune 500 companies from a generation ago are now out of business. Only 12% still survive. Similar percentages are found throug...
Druva is the global leader in Cloud Data Protection and Management, delivering the industry's first data management-as-a-service solution that aggregates data from endpoints, servers and cloud applications and leverages the public cloud to offer a single pane of glass to enable data protection, governance and intelligence-dramatically increasing the availability and visibility of business critical information, while reducing the risk, cost and complexity of managing and protecting it. Druva's...
BMC has unmatched experience in IT management, supporting 92 of the Forbes Global 100, and earning recognition as an ITSM Gartner Magic Quadrant Leader for five years running. Our solutions offer speed, agility, and efficiency to tackle business challenges in the areas of service management, automation, operations, and the mainframe.
The Jevons Paradox suggests that when technological advances increase efficiency of a resource, it results in an overall increase in consumption. Writing on the increased use of coal as a result of technological improvements, 19th-century economist William Stanley Jevons found that these improvements led to the development of new ways to utilize coal. In his session at 19th Cloud Expo, Mark Thiele, Chief Strategy Officer for Apcera, compared the Jevons Paradox to modern-day enterprise IT, examin...
With 10 simultaneous tracks, keynotes, general sessions and targeted breakout classes, @CloudEXPO and DXWorldEXPO are two of the most important technology events of the year. Since its launch over eight years ago, @CloudEXPO and DXWorldEXPO have presented a rock star faculty as well as showcased hundreds of sponsors and exhibitors! In this blog post, we provide 7 tips on how, as part of our world-class faculty, you can deliver one of the most popular sessions at our events. But before reading...
DSR is a supplier of project management, consultancy services and IT solutions that increase effectiveness of a company's operations in the production sector. The company combines in-depth knowledge of international companies with expert knowledge utilising IT tools that support manufacturing and distribution processes. DSR ensures optimization and integration of internal processes which is necessary for companies to grow rapidly. The rapid growth is possible thanks, to specialized services an...
At CloudEXPO Silicon Valley, June 24-26, 2019, Digital Transformation (DX) is a major focus with expanded DevOpsSUMMIT and FinTechEXPO programs within the DXWorldEXPO agenda. Successful transformation requires a laser focus on being data-driven and on using all the tools available that enable transformation if they plan to survive over the long term. A total of 88% of Fortune 500 companies from a generation ago are now out of business. Only 12% still survive. Similar percentages are found throug...