- San Jose Sharks Welcome ThreatMetrix As the Team’s Newest Corporate Partner
- ThreatMetrix Selects Verne Global to Expand Data Center Footprint
- Digital Identity Summit 2017: Brian Krebs Named as Keynote as Call for Speakers and Award Nominations Open
- Top 5 Reasons to Vote ThreatMetrix for the MRC People’s Choice Technology Award!
- Organized Fraud Rings Target Online Lenders and Emerging Financial Services, Reveals New ThreatMetrix Report
The Internet of Things Brings Huge Promise and Monster-Size Security Headaches
Proponents of the Internet of Things talk about its great promise. Kenneth Corbin, in his piece (link to article) on itworld.com writes, “Household appliances could modulate their power consumption to avoid peak load times. Sensors placed along railroad lines could relay temperature data that could help preempt track failures. The same could be done for bridges, tunnels and other pieces of the nation’s fraying infrastructure.”
Corbin notes a pilot project in Maryland where 14 sensors in an apartment building monitor for smoke, heat, carbon monoxide and other potential danger signs, “relaying them to a cloud service that dispatches emergency responders if a problem is observed.”
The brave, new world of the Internet of Things comes with many of the problems of the old world – only magnified by the negatives possibilities. Corbin cites Randy Garrett, a program manager at the Defense Advanced Research Projects Agency (DARPA) who “worries that, in the exuberance to embed sensors in a galaxy of devices and bring them onto the network, backers of the Internet of Things will unwittingly create a virtually limitless set of new threat vectors.”
Garrett observes that despite computer users’ tendencies to not pay as much attention to security as they should, “many people are at least aware that the threats are out there and will often exercise some restraint in not clicking on spam links or avoid setting their password to “password.” (editorial comment: Can you say the same thing about the average waffle iron? Okay, there are instances where a waffle iron might be more security savvy than some computer users.)
Garrett points out that the infamous Target breach resulted from Target’s heating and air conditioning systems being connected to the internet to make servicing more accessible for a contractor. Of course, as history demonstrates, it also made the enterprise more accessible to hackers.
On the Internet of Things’ plus side is what can be done in healthcare where patients would be able to monitor such things as glucose levels and blood pressure and instantly send the data to their healthcare provider. Michael Chui, a partner and senior fellow at the McKinsey Global Institute observes, “That’s a much better set of data in which to diagnose and manage diseases.”
And Chui suggests solutions to issues facing the Internet of Things might be found in “rethinking” organizations and their traditional roles and processes. In a current retail environment, Corbin writes, “the CIO’s involvement in store operations might be limited to the cash registers, point-of-sale systems and back-office operations. In [an Internet of Things] world where mobile payments are a reality and items on the shelf are expected to interact with shoppers’ devices, though, the tech team must take a more hands-on role.”
“It’s a tremendous number of organizational challenges when you start integrating the physical world with the virtual world.” Chui adds, “You have to change the way you make decisions if you’re going to use the Internet of Things effectively.”
For another read on The Internet of Things, please take a moment to read a previous blog from Andreas Baumhof, ThreatMetrix chief technology officer: “Have You Remembered to Friend Your Refrigerator? The Internet of Things is Here and Growing Fast. But One Exopert Warms It May Be ‘Patch as Patch Can’t.'”