These IoT Pros Will Keep Your Products and Service Secure

With the right, multifaceted security plans in place and people with key security skills to help construct them, businesses can successfully mitigate IoT security risks.
By Ryan Johnson
Sep 12, 2016

The Internet of Things isn't just catching on—it's full steam ahead. Last year, 64 percent of businesses Gartner surveyed said they were planning to implement IoT solutions. This is creating an arms race to establish the secure, scalable systems to support these projects.

"Secure" is the operative word here. IoT projects need to be more than protected—they must be air-tight. McKinsey estimates that the cost of ineffective cybersecurity will reach $3 trillion by 2020. Given that the number of connected devices is predicted to reach 20.8 billion by 2020, the need for IoT security is at an all-time high. All of these factors are creating an atmosphere of hesitation around IoT adoption.

To mitigate these mounting privacy concerns, companies are increasing their security investments. IoT security spending is expected to reach $348 million in 2016. Companies of all sizes are investing in specialized talent to help tackle these security concerns head-on. So what types of professionals are needed to support the many facets of IoT security? Here are four of them.

IoT developers to program secure device software and encrypt sensitive customer data
At the device level, IoT ecosystems can be vulnerable to attacks due to insufficient wireless protocols and insecure device firmware. A 2014 study by Hewlett-Packard found that 70 percent of IoT devices were vulnerable to an attack. Each of the ten most popular IoT devices tested had on average of 25 vulnerabilities, ranging from issues like insufficient authorization or authentication and lack of encryption to insecure web interfaces.

Whether it's a mobile point-of-service system or an off-the-shelf smart appliance, embedded IoT software and wireless connections have to be protected. Otherwise, you risk bringing devices to market that are so riddled with vulnerabilities that sensitive customer data could be transferred or accessed by nefarious parties.

The interfaces that consumers and businesses use to access IoT devices need to be secure as well. Software frameworks with a focus on security are in demand, like Spring Security, a Java framework known for excellent built-in authentication and authorization measures.

Security engineers to upgrade IT infrastructures
It's not just consumers who are at risk. As hacking via IoT networks grows more common, businesses will need secure systems and the people to audit them regularly. Infrastructures must be as close to fail-proof as possible, with comprehensive plans in place to ward off threats. This is driving a demand for security infrastructure professionals (up 194 percent*), security engineering experts (up 124 percent*), and network security experts, a field showing 46 percent* growth. Security engineering will be particularly important as IoT interfaces often require strict authentication and permissions schemes for multiple users. Demand for firewall development has jumped by 71 percent*, an important network security measure that helps block data interceptions and unauthorized access to a server.

Simply enter a question for our experts.
Sign up for the RFID Journal Newsletter
We will never sell or share your information
RFID Journal LIVE! RFID in Health Care LIVE! LatAm LIVE! Brasil LIVE! Europe RFID Connect Virtual Events RFID Journal Awards Webinars Presentations