The Internet of Things vision can become a reality – but only if companies approach IoT strategically, tying all of this data from multiple core systems together. The hard reality is that most IoT projects don’t make it past the pilot stage, as they languish in isolation and drown in data collected but never analyzed or used.
Internet of Things is increasingly infiltrating our lives not only at work, but also in our homes with people continuing to buy and install all kinds of smart devices in their houses. Yes, it is handy to have a device open you the front door because it has somehow recognized that your hands are full, and more importantly – that it is in fact you coming up. However, as per usual, the less money, skill and preparation you invest in the devices and building your IoT network, the more problems you can expect down the line.
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Companies that dare to build an in-house IoT network for the first time often make a grave mistake in underestimating how complex it will be, not only in terms of design, but also operation and management. On top of that, legacy network technologies and engagement models are still not able to support the requirements of large-scale IoT systems either, making things even harder.
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Building an in-house IoT network is a long and difficult process which can endanger the company if not done right. The thing that gets most companies to miss a step is considering the complexity of the network – the more complex it is, the more there is to worry about. And it is certainly a job on a massive scale for any company, small or big. That is why it is important to consider a variety of things before embarking on this journey. Take a look at our new infographic to see just some of the questions you need to ask yourself before starting to build an IoT network.
We live in an exciting new world, don’t you think? Relying on tech more and more, we are able to get places faster, be in contact with people far away, work from home (or the beach, if you are feeling adventurous) and have all the information as soon as we want it. Simply put, we are connected. We are all present in cyberspace through our own or someone else’s doing – thank the people who don’t ask for permission before posting pictures with you online. But how safe is all that connectedness – if that even is a word? Do you ever wonder to what degree the evolution of the Internet of Things endangers people and what is to expect next? Well, there is only so far into the future we can look into, so let’s see what the predictions for 2019 are.
The concept of the Internet of Things – and its main advantage – is at the same time the biggest potential security risk for all those who have accepted it and have joined the circus, so to speak. Yes, people like having all the information all the time on all of their devices – neatly segmented and contextualized to fit their needs and situation. And yes, most of them haven’t given a second thought to providing access to their personal data to all kinds of services and systems in order to have everything they could ever want at the tips of their fingers – from comprehensive weather reports and traffic warnings to their own houses recognizing them as owners and turning the lights on upon entering. It is an interesting world we live in, with technology constantly at our beck and call, but are we also slowly starting to realize just how much we are allowing it to rule our lives? One could argue that every time the tech misbehaves or someone else takes advantage of it – and by proxy, us – it has failed us on some level. In that sense, let’s see the 4 times it did just that in 2018.
Cyber security risks have become a constant for big and small businesses, individuals and companies, the private and government sector alike. And let’s face it – the risks are high. The more you are involved in the scary world on online connecting and doing business, the more exposed you are to the threats that reside within the dark world that can sometimes be the World Wide Web. Moreover, we are often not even aware of the danger and how close we came to be a victim of all kinds of malware, let alone the damage malware can cause and how to defend from it. In that sense, we have prepared a short list of security risks that pack quite a punch, but were overlooked in 2018.
Mobile security is – or at least should be – at the top of every company’s worry list these days – and for good reason: Nearly all employees now routinely access corporate data from smartphones and that means keeping sensitive info out of the wrong hands is an increasingly complicated business. Therefore, the stakes are higher than ever with the average cost of a corporate data breach being at nearly $4 million, according to a 2018 report by the Ponemon Institute. That’s 6.4% more than the estimated cost just one year earlier. However, while it’s easy to focus on the sensational subject of malware, the truth is that mobile malware infections are incredibly uncommon in the real world. And yet, we can expect mobile security threats to become more serious in 2019. Here is what we can expect.
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