The Internet of Things (IoT) is advancing at an incredible rate. Juniper research predicts that the number of IoT connected devices will hit 38.5 billion in 2020, up from 13.4 billion in 2015, a staggering rise of 285%.
As the IoT becomes more prevalent the amount of data and connected devices businesses have access to increases exponentially. While this has tremendous benefits for enterprises of all sizes, data and devices must also be protected, which poses a number of challenges.
The marked increase of connected and smart end-point devices means that the size of the network businesses have to secure is larger than ever. From phones and laptops to energy meters and connected cars, the potential entry points for hackers are increasingly diverse and complex.
The type of information being generated is also much more detailed and personal than ever. Sensitive and statistics on logistics, employee behavior, energy use and even data generated from personal health devices is all at potential risk. To enable the widespread adoption of IoT users need to trust the technology and be assured that it is secure and their privacy will be maintained.
How we uphold strict standards of privacy and security is a concern for everyone involved in the IoT industry and is top of mind for companies like NXP, a leader in secure connectivity. On November 18th at the IoT World Forum in London Asit Goel, Senior Vice President & General Manager, Business Line Secure Monitoring & Control, NXP will help to answer the question “how much security do I really need?”
In his presentation “Security in IoT: How Secure is Smart?” at 15:15pm GMT Asit will explore the changing security trends introduced by the IoT, risks consumers face as devices become more connected and how companies, technologists and government can work together to protect the consumer.