According to a 2020 report by Palo Alto Networks, 98% of IoT data traffic is unencrypted. This statistic is mind boggling given what we know about the risks. To appreciate the scope of this problem, it is vital to understand encryption is only a single link in a long chain needed to secure IoT, data, and our world.
Behind the complex network of connected technologies and devices, which makes up the Internet of Things (IoT) landscape, lies a similarly large and sprawling network of data infrastructure. The amount of data produced by the IoT correlates to the large-scale growth that this segment is experiencing. Whilst capturing data is a key part of the process, so is ensuring it can be stored, accessed, and transformed into valuable insights. As data is the largest and most unique resource in each IoT application, enterprises must pay attention to how to store it appropriately to get maximum value from it.
Connected technologies are changing how goods get from point A to point B — but what’s next for IoT in supply chain management and logistics?
Global Internet of Things (IoT) adoption is gaining ground, with estimations putting total market value at more than $1 trillion by 2022. As noted by research firm Deloitte, one area already seeing substantial spending is logistics; the transportation industry alone is investing more than $70 billion through 2019 into telematics hardware and software in trucks.
Welcome to the digital world, where cellphones hold your entire life in its database, tablets have become the new spiral notebooks, and contactless transactions make your day-to-day norms feel like futuristic experiences. The Internet of Things (IoT) has genuinely taken the cyberworld by storm, simplifying and connecting everything in its path.
With breakthrough developments in information and connection technologies, a growing number of vehicles are now becoming a part of a shared and connected vehicular network. The biggest contribution in creating this vehicle-to-vehicle (V2V) connection, however, has been made by the disruptive technologies of the Internet of Things (IoT). Such technologies not only create a connection between vehicles but also facilitate the development of a vehicle-to-everything (V2X) network that connects vehicles with infrastructures, pedestrians and vehicle-management systems.
Over the past few years, some Original Equipment Manufacturers (OEMs) have begun using the Industrial IoT (IIoT) to deploy remote monitoring, predictive maintenance, equipment-as-a-service (EaaS), and other types of new Industry 4.0 applications. These applications have allowed these companies to converge their industrial equipment’s OT systems with their IT systems, creating “smart” air compressors, bio-waste collectors, liquid fertilizer storage tanks, energy storage systems, and other types of industrial equipment.
The Internet of Things (IoT) is one of the most prominent tech trends to have emerged in recent years. In simple terms, it refers to the fact that while the word “internet” initially referred to the wide-scale networking of computers, today, devices of every size and shape – from cars to kitchen appliances to industrial machinery – are connected and sharing information digitally, on a global scale.
Billions of internet-connected sensors and other devices, comprising the Internet of Things (IoT), now span the world’s manufacturing plants and logistics infrastructure. They enable remarkable efficiency and unprecedented data collection for industrial companies. However, with so many poorly secured devices in operation, the so-called Industrial IoT (IIoT) exposes manufacturing businesses to high levels of cyber risk.
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