As a passionate advocate of the Internet of Things, I have long touted the ability of the Internet of Things to bring huge business benefits, although I am a little frustrated that the adoption rate of the Internet of Things is lower than expected. With so many vulnerable IoT devices (e.g. smart thermostats to coffee machines) causing eerie headlines such as cybersecurity attacks and data breaches-many companies are still hesitating whether to deploy IoT technology or not. Not surprising-it is not surprising that many companies are still hesitant to deploy IoT technology.
However, if you postpone adoption, you may lose the transformational potential of the Internet of Things—including the creation of new business models, value propositions, revenue sources, and market capabilities. The good news is that we can now see the light at the end of the tunnel: companies and their ecosystems have made progress not only in overcoming security challenges, but also in terms of privacy, complexity, and interoperability. So, in the spirit of Halloween, here are 4 terrible IoT ghost problems and how to defeat them:
1. Security
Security issues can be said to be the most important factor hindering the adoption of the Internet of Things in today's enterprises. A survey of more than 600 IT professionals found that 97% of people believe that cybersecurity attacks related to insecure IoT devices will have a catastrophic impact on their organization, and 81% are worried that such attacks may be in the future Occurs within 24 months. In order to strengthen the security of IoT devices, it is necessary to adopt a comprehensive, policy-based architecture approach, and to solve the problem of increasing integration of IT and operational technology (OT), as well as the integration of physical and digital security. In addition, a detailed incident response and remediation plan should be developed before, during, and after the attack, because it is not a question of whether you will be the target, but when. Finally, emphasize to your employees, suppliers, and partners that IoT security is everyone’s job.
2. Privacy
Closely related to security issues is privacy issues. Whether it's a fitness tracker connected to the Internet of Things accidentally leaking a sensitive military location, or Roomba may share a map of your home with potential thieves, concerns about data privacy are very real. You must ensure that the various customer, employee, and partner data collected and shared by the IoT devices in your organization are not only secure, but also protected by privacy. To this end, you can achieve this goal by following data security and privacy best practices (including access standards for data encryption, multi-factor authentication, and user management), which make it easier for end users to grant or revoke consent to collect, Use and share its data. If you haven't, please hire the Chief Privacy Officer and adopt the framework stipulated in the EU GDPR (General Data Protection), which is an excellent model for global data privacy.
3. Interoperability
The lack of industry standards also exacerbates many of the data security and privacy challenges that hinder companies from adopting the Internet of Things. The prevalence of the traditional single-vendor proprietary technology in the market has led to different systems, data islands, and security vulnerabilities. But to experience the true transformational potential of the Internet of Things, you must be able to use and share data from multiple supplier ecosystems.
Fortunately, many horizontal and vertical standards bodies and alliances—such as the Internet Engineering Task Force, IEEE, and the International Association for Automation, to name a few—have emerged and are working to develop common frameworks and architectures. And IoT vendors are also actively addressing interoperability challenges and agreeing on horizontal standards, such as whether to use Ethernet or IP to meet IoT requirements for motion control and safety applications. By jointly developing and formulating industry standards, we can not only strengthen data security and privacy, but also enjoy lower cost and more complex IoT systems for the organization.
4. Complexity
Speaking of complexity, I think it is the last major obstacle hindering enterprise IoT deployment. Part of the reason why the IoT industry is so complex is that it is not a single market—it is actually a collection of markets, submarkets, and ecosystems, with almost unlimited use cases, opportunities, and value propositions across all vertical industries. Because the Internet of Things is so complex, no single supplier can use it alone to create an end-to-end system that solves the unique challenges of the enterprise. On the contrary, delivering successful IoT technology requires the establishment of an ecosystem of partners, including horizontal, vertical, and local experts who are willing to collaborate with you to innovate. Each member of the ecosystem contributes its own unique technology and expertise to create a comprehensive end-to-end business system.
For example, horizontal experts ensure scalable, interoperable, and cost-effective technologies, such as providing standards for running IoT applications and a unified network infrastructure. Vertical experts can be vertical market system integrators who can customize the system to ensure that all IoT components can interoperate and integrate them with existing or new business processes. In addition, local experts can implement ultra-local IoT deployments to help you consider the local environment, laws (such as data privacy regulations), economics, and use cases. The key is to take a co-innovative approach and work with your partner ecosystem, while always putting the needs of your customers at the center of your attention.
to sum up
Although data security and privacy leaks are frightening, the reality is that if handled properly, the Internet of Things may not only change the enterprise, but also the entire industry, the economy, and even our society. By adopting strong data security and privacy protection measures, establishing industry standards, and collaborating with a wide range of partner ecosystems, we can scare away the terrible ghosts that hinder enterprise IoT adoption and develop businesses that can bring transformative results system.
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