Gartner's Nick Jones said: "The IoT introduces a wide range of new security risks and challenges to the IoT devices themselves, their platforms and operating systems, their communications, and even the systems to which they're connected.
"Security technologies will be required to protect IoT devices and platforms from both information attacks and physical tampering, to encrypt their communications, and to address new challenges such as impersonating "things" or denial-of-sleep attacks that drain batteries. IoT security will be complicated by the fact that many 'things" use simple processors and operating systems that may not support sophisticated security approaches."
Jones added that access to relevant security skills could also be a challenge. "Experienced IoT security specialists are scarce, and security solutions are currently fragmented and involve multiple vendors," he said. "New threats will emerge through 2021 as hackers find new ways to attack IoT devices and protocols, so long-lived "things" may need updatable hardware and software to adapt during their life span."
4. Beware of skills gap
You may need for opps, data or analyst employees ©iStock/Erikona
Will the rise of IoT create any skills gaps? Who will fill them? Make sure that there is no confusion around the strategy and use cases within the business side for adopting this technology, and that there are employees in place who can work flexibly to support the strategy.
In an interview with ChannelWeb, Cisco's VP for the Industry Solutions Group Steve Steinhilber said: "One of the big gaps we see in the next three to five years is a tremendous shortfall in skills. You have people coming from the operational technology space and people coming from the IT space so you need training on how these worlds are going to merge. For Cisco, just in the industrial [vertical market], we see a shortage of 300,000 people with the right skills across the globe."
Smart boilers are an example of M2M or IoT technology ©iStock/Alex Raths
While IoT creates some clear opportunities, there are number of challenges that businesses must face. A lack of standards in the IoT industry is one of them.
Businesses must make sure that sensors, data sets and collection processes are interoperable and that any issues can be easily diagnosed (and fixed) by field workers on-the-go.
Supporting your IoT project with the right network will determine your success ©iStock/Henrik 5000
Larger volumes of data will put pressure on networks. Firms will need to invest more in higher speed, higher capacity networks to avoid any issues with business operations on an IoT model.
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