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The Economics Fueling IoT (In)security
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arielkriger
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arielkriger,
User Rank: Author
12/19/2018 | 2:59:10 AM
Re: Profitability is Key
PxMx, thank you for sharing insights. I definitely agree with your assessment of the challenges given IoT devices' sheer volume. However, I don't believe the onus for providing security can or should be on the regulators and enterprises alone. For example, even if stricter regulations were to exist, even today, many of the manufacturers of IoT devices find it challenging to level up due to a lack of in-house knowledge and understanding of which regulations to favor/follow. And as you mention, organizations that use these devices are very limited in their ability to control the devices' security; because it is simply not enabled by design.

I strongly believe that the device manufacturers are best situated in the supply chain to own a large portion of the responsibility to solve this security challenge, and need to find the support (including through third parties) to develop more secure devices as well as look into ways to continue to protect them once deployed.
PxMx
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PxMx,
User Rank: Apprentice
12/18/2018 | 8:03:14 AM
Profitability is Key
Great summary of this problem space. Reducing profitability truly is key. However, given the size of IoT, and IoT is only just getting started, it will be a great challenge. I'm not one for more regulation, but given the size and potential impact of IoT, regulation may be appropriate. Specifically, regulation that requires products to meet secure design requirements before going to market. In addition, while enterprises may not be able to change the design of IoT solutions, in their environments they can take steps to increase the cost to attackers by effectively making their security programs more agile. Some examples, real-time monitoring for active defense, security instrumentation, and deception.


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