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Only 10 years ago, no one was talking about IoT security. Today, with the proliferation of devices connected to the Internet, security has become a major concern both for the users and the manufacturers.With the fragmentation of the IoT market, there is no standard security solution. Indeed, depending on the use case and the required level of protection, the hardware and software used to design the device vary, which can cause interoperability issues. This makes security difficult to integrate because it must be device-specific and often leads to hardware and/or software costs reducing or offsetting the product profitability.
According to Global Data, the IoT market could reach more than €1,000 billion by 2024, an increase of 13% compared to 2020. In light of this growth, the industry has understood the urgency of implementing security standards via regulatory bodies to limit the risks of cyber-attacks and other frauds. In this context, the identity of connected objects has become a real security issue for the IoT to guarantee the reliability of collected data and to pilot decisions.
Payment terminals are undergoing a revolution! These objects used to be cumbersome and monotonous, but they have evolved towards other flexible and affordable models. First, you had Standalone Point of Sales that has popularized bank card payments.
More and more credit card schemes require internet connections to perform transaction monitoring and poinbecame connected devices.
IoT security is a growing concern among manufacturers who need to protect their products from malicious attacks that can compromise their devices and have adverse consequences for their users. However, ‘ ‘some attacks focus on innovative programs theft. Companies, especially startups, tend to minimize or even ignore this risk because of the lack of time, competency, and funds. Still, intellectual property is one of the main business asset of a company and its theft can jeopardize the future of a business.
While we welcome technological innovation and widespread access to new technologies, we often forget that the benefits of innovation are also available to cybercriminals of all kinds. Launching malware has never been easier. The speed and creativity with which it evolves and improves makes life difficult for IT security departments that struggle to keep up. So, what exactly is malware and how can you deal with it efficiently?
When it comes to IoT devices, one question arises: how to meet the cyber security challenges and protect fleets? Many players are jumping into the juicy IoT market, ready to come up with the next best idea, and companies are placing sensors all over their buildings, machines and vehicles. They are collecting and aggregating huge amounts of data for predictive maintenance, process optimization, energy savings, autonomous machines and vehicles, and more…
Refrigerators, cars, smartphones… Software is everywhere and is becoming more and more widespread. Not only Information, but data, know-how and interpersonal skills flow through this software. Software is the result of years of work and above all investment. Often a revenue generator and development lever in its own right, the software is exposed to a largely underestimated risk: the possibility of being copy or stolen. In this context, the protection of software intellectual property is a key issue in developing innovations. Let’s take a look at it.
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