The Internet of Things is the latest in a long line of technologies that has gone from new and novel to established and indispensable. Smart homes with automated lights and air conditioning systems you can control with your phone used to be seen as somewhat of a gimmick. But given the rising cost of living, they’re now helping people to reduce energy consumption and lower their electricity bills.
The same can be said for businesses who have adopted digital-first strategies in response to recent economic and pandemic factors. IoT is the source of transformative data and an enabler of automation, which can provide better customer experiences, more streamlined operational models and greater internal efficiency.
Even so, IoT isn’t without its challenges, especially in complex ecosystems comprising multiple different devices all connected to the cloud. The focus of many organisations is to optimise IoT software, which can help in reducing bugs and rolling out new features inline with big picture business objectives.
While these are important pain points that need addressing, issues such as security and privacy often take a back seat. This is despite the fact that an increase in connected devices gives hackers and cyber criminals more entry points. Worst of all, the cost of recovering from an IoT security or privacy breach pales into insignificance when compared to a proactive approach that fixes vulnerabilities ahead of time.

Take the high profile Optus data breach for example. The hacker found a vulnerability in the Optus API and was able to access the data of almost 10 million customers, including passport and driver license details. Based on other companies that have experienced similar breaches, Optus stand to lose hundreds of millions of dollars in the fallout from the cost of fixing weak security defences, compensating those affected, and a loss in profit to competitors as customers go elsewhere.
This will come as worrying news for organisations with extensive IoT footprints. First of all, the most common initial attack vector responsible for 20% of breaches was compromised credentials, a popular avenue of attack for malicious agents given many IoT devices use default security credentials. Secondly, security threats are becoming more complicated because of the adoption of technologies with multiple touchpoints such as IoT. Last but not least, the shift towards remote operations during the pandemic, where IoT devices are continuing to gain traction, has led to slower response times and more expensive data breaches.
So when it comes to prioristing IoT security and privacy, here are some key considerations:


“The DiUS team is extremely professional, and delivers quality solutions in a timely manner,” said Seeley International Product Manager – Controls, Barry Earl. “They have a wealth of knowledge in the AWS space and offer expertise in many areas including IoT and AI/ML. The team is friendly and happy to support you to become familiar with the environment’s solutions they build so that you can get an understanding and have the ability to maintain it should you desire.”
For more help or support with your IoT security and privacy concerns, don’t hesitate to contact DiUS. We can take stock of your current circumstances and situation before advising on the next steps.