10 Sep 2020
From smartphones to smart fridges, the future is now, and it’s everywhere. Nowadays, most devices are more or less linked into the Internet of Things (IoT), a term first coined by technology specialist Kevin Ashton in 1999 and currently used to describe a system of interconnected computing devices that can exchange data without a human element. The most commonplace example is, of course, your phone, which can track and transmit location, light, touch, and temperature all on its own. We’ve discussed the risks and ramifications of your organization’s IoT, and why something as innocuous as the office printer can pose a threat to your IT security network. But experts advise that this is only the beginning, and IoT sensors will continue to permeate our lives in the form of microchipped clothing, livestock, and more. The Internet of Things is a part of life, and will continue to be as we work towards self-sufficient technology and a more prosperous economy. McKinsey consultants estimate that by 2025, advancements in IoT will improve economic growth by up to $11.1 trillion per year. But as businesses catch on and invest in a network that can analyze, communicate, and improve performance by itself, a new issue arises: that of data security. When billions of devices worldwide are recording and sharing data, both in the home and in the workplace, how can you ensure individual safety and privacy?