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How Security Analytics Will Define the Success of the Internet of Things
Currently, there are approximately 10 billion connected devices, with the number reaching 20 billion in 2020, 29 billion — 42 billion in 2022 and 75 billion in 2025. By 2030, we will have over 100 trillion connected sensors. In 2035, the prediction is that we will interact with a connected device every 18 seconds, or 4800 times a day. Whether these numbers are correct or not, the fact is that the number of connected devices will increase exponentially in the coming years.
While this market is growing rapidly, it faces a major barrier on the way to its success. Connected devices are vulnerable, as seen in the DDoS attack on October 21st, 2016, which took down the DNS provider Dyn. Large websites such as Etsy, Twitter, PayPal, Verizon, Comcast and Reddit were among the many that were virtually unusable during this attack. The hackers turned to unsecured IoT devices to create an extensive botnet. This allowed them to push enough traffic to take down Dyn. It was the largest attack caused by IoT security issues, but it certainly was not the first. The IoT market needs to find a way to properly secure these devices. Otherwise, more high-profile attacks completely negate the benefits of having connected technology in your organisation. It is time to bring in security analytics.
