IoT (Internet of Things) is a hot topic in the industry now a days. IoT can be described as a system where items in the physical world, and sensors that are within or attached to these items, are connected to the Internet via wireless and wired Internet connections. These sensors can use various local area connections such as RFID, NFC, Wi-Fi, Bluetooth, and Zigbee. Sensors can also use wide area connectivity such as GSM, GPRS, 3G, and LTE for connection.
IoT has vast applications. IoT can be used to connect both inanimate and living things which includes people, places, objects and things. IoT can connect everything from industrial equipment to everyday objects. The types of items range from gas turbines to automobiles to utility meters. It can also include living organisms such as plants, farm animals and people. IoT can use sensors for data collection. The sensors that are attached to the devices will monitor a specific condition such as location, vibration, motion and temperature and these sensors will connect to each other and to systems that can understand or present information from the sensor’s data feeds. IoT enables the objects conntected to IoT to share information about their condition and the surrounding environment with people, software systems and other machines.
IoT impacts every business. The Internet of Things will help a business gain efficiencies, harness intelligence from a wide range of equipment, improve operations and increase customer satisfaction. It will also have a great impact on people’s lives. It will improve public safety, transportation and healthcare with better information and faster communications of this information.
Many organizations are deploying or planning to deploy a wide variety of IoT functions. In fact, between 29% and 38% of firms have already deployed or are expanding deployment of IoT functions in transport systems, medical or healthcare systems, environmental monitoring, industrial applications, energy management, or infrastructure management. Between 37% and 47% of surveyed firms are planning to deploy these IoT functions within five years. IoT solutions can help firms achieve many types of benefits like improve processes, enhance efficiencies, and reduce costs. IoT solutions can help the firms manage, monitor, and efficiently use energy or power resources. IoT solutions can help the firms reduce operational expenses or costs. It can help the firms improve safety, manage risk, and improve customer experiences.
Different types of technologies as necessary to enable IoT solutions. An efficient Wi-Fi infrastructure, was identified as a necessary element by 71% of firms. Sensors and location tracking functions are also necessary to capture the location, condition, and status of products and assets. Between 60% and 65% of surveyed firms stated that real-time location tracking, GPS tracking, condition sensors, or security sensors are necessary elements of IoT solutions. These security sensors can be used to enable IoT applications, including surveillance solutions to monitor buildings, office sites, or even workers.
The security is a major concern with the IoT. No doubt it has vast benefits, but it comes along with lot of security issues. Lot of organizations have experienced security breaches in the very functions in which they are deploying IoT solutions, prompting security to be a chief concern when rolling out their implementations. The attacks range include external hackers (37%), malware (33%), internal hackers (30%), and denial of service attacks (28%). IoT requires a completely different level of security than the traditional security measures used for IT security. A complete IoT security solution must address physical, networking, and data security components.
IoT is a great power that is bestowed upon us that will let us prosper and grow, it will help us live a better life and make life much easier and effective for us. But it does have great security issues accompanied with it, which if not addressed and taken care effectively will lead to many serious issues like data breach, malware attacks and lot more.
Article written and submitted by: Vishnu Nair