Showing posts with label leaders. Show all posts
Showing posts with label leaders. Show all posts

Tuesday, November 1, 2016

Why big data leaders must worry about IoT security



By Mary Shacklett | October 28, 2016, 1:08 PM PST

The security risks associated with IoT devices cannot be ignored. If your big data plans include IoT devices, follow these four steps to reduce your chances of a security breach.

A series of distributed denial-of-service (DDoS) attacks powered by the malware botnet Mirai on October 21, 2016 disabled Dyn, the domain name system provider for hundreds of major websites, including Netflix, Twitter, and PayPal. The malware infected and spread through systems with the help of hacker-compromised web-connected cameras and digital recorders in consumer households, and security experts expressed their concerns about new threats from home electronics and the Internet of Things (IoT).

Big data leaders should take particular notice of this recent attack, because it highlights why security needs to be top of mind when incorporating IoT into analytics projects.


Research firm Gartner projects that 26 billion IoT devices will be installed by 2020. These IoT devices and sensors will be connected to freight containers, facility alarms, data centers, HVAC environmental monitoring equipment, hospital operating rooms, etc., and companies will be expected to do something with the information collected from these devices.

IoT applications that are already in the field include smart meters used by electric and gas utilities. Estimates are that by 2020, there will be over 900 million of these smart meters installed globally, with Asia leading the transition to smart energy grids, followed by Europe and North America. The cost of installing these smart meters is over $100 billion, but the projected financial benefits will reach $160 billion. So the return on investment (ROI) is there, but what else do companies have to worry about?

With smart meters, we're looking at millions of devices with physical exposure and the ability to inject software attacks from multiple points of entry. To a greater or lessor degree, this IoT exposure also applies to manufacturing, logistics, and other companies operating IoT devices at the edges of enterprises, and even to highly centralized companies where malware could leak in through an IoT-monitored HVAC or environmental monitoring device.

More about IoT security attacks and vulnerabilities

In December 2015, 30 of 135 power substations in the Ukraine were taken out for
Related Posts Plugin for WordPress, Blogger...