Fridges ordering milk, yes, but the Internet of things means so much more for business - both in terms of efficiency and cyber risk.
The Internet of Things is not a concept of the future – it is here now. Fridges, yes, but there are also many other applications such as cars with embedded devices that alert the driver to changes in tyre pressure, or find the best route home; a farm animal with a bio chip transponder that can diagnose and alert the farmer to specific health issues; implants within a person to administer drugs; or a machine within a manufacturer that can self-diagnose potential failures so that maintenance can be scheduled to minimise interruption to production. These applications may offer tremendous benefits although the mission critical nature of some, along with the data produced and consumed, means they must be monitored and protected as part of an overall security strategy to minimise risks of compromise.
By 2020 there will be 32 billion connected devices. Is your business ready to securely embrace the opportunities of the IOT?