Intelligent CISO Issue 18 | Page 37

G Gartner has forecast that the enterprise and automotive Internet of Things (IoT) market will grow to 5.8 billion endpoints in 2020, a 21% increase from 2019. By the end of 2019, 4.8 billion endpoints are expected to be in use, up 21.5% from 2018. Utilities will be the highest user of IoT endpoints, totalling 1.17 billion endpoints in 2019 and increasing 17% in 2020 to reach 1.37 billion. Building automation, driven by connected lighting devices, will be the segment with the largest growth rate in 2020 (42%), followed by automotive and healthcare, which are forecast to grow 31% and 29% in 2020, respectively. By the end of 2019, 4.8 billion endpoints are expected to be in use, up 21.5% from 2018. In healthcare, chronic condition monitoring will drive the most IoT endpoints, while in automotive, cars with embedded IoT connectivity will be supplemented by a range of add-on devices to accomplish specific tasks, such as fleet management. But while IoT offers numerous benefits, it is not without risks – particularly when it comes to cybersecurity. FEATURE Detailed supply chain assurance and providence are risks that need managing within IoT design, manufacturing and service delivery. they are Internet enabled, yet security is deliberately missing because of the cost to doing business. Companies are prioritising go-to-market speed and manufacturing costs ahead of security. Security is often relegated to a bolt-on once the product proves successful in the market and it is often only once the product succeeds and establishes a foothold in the market that manufacturers turn their attention to securing future versions of the product. However, when the manufacturer releases the new and improved version, they don’t We spoke to industry experts at Vectra and Pulse Secure to find out what the security implications of IoT devices in the workplace could be and how these can be mitigated. What are the cyber-risks associated with IoT? MATT MATT WALMSLEY, WALMSLEY, HEAD HEAD OF OF EMEA MARKETING AT VECTRA EMEA MARKETING AT VECTRA Companies are bringing new Internet of Things (IoT) devices to market that have never existed before. By design, www.intelligentciso.com | Issue 18 always have the ability to retroactively apply that security to past versions of the product. Detailed supply chain assurance and providence are risks that need managing within IoT design, manufacturing and service delivery. Combine such security design weakness with the fact that you can’t deploy traditional computer security endpoint 37