The Internet of Things(IoT) BY CODEY DISNEY
Objectives What Is the IOT? How are corporations at risk? What are the security risks and what can happen Target How it was resolved Prevention- Mitigation What the future holds Conclusion Sources
What is the IoT? The Internet of things consists of an object or device that, within certain parameters, is included within the whole of the internet. Allowing for connectivity at any given point via IP addresses or URI(URL and URN). Key components that make up the “things” part of IoT Sensors Processors Connectivity
Security Risks associated with the IoT Possible vulnerabilities Unsecure Susceptibility to data theft Malfunctions Outages
Repercussions faced in corporate and business settings Worst case scenario Breach of cliental data Implementation of Malware and Virus Loss of customer trust Negative media attention Profit loss
Target Breach Incident happened between ending of 2013 and beginning of 2014 70 million client numbers taken 40 million credit and debit information stolen
Target Breach continued Hacker found security vulnerabilities in Hvac system The Hvac in one of the stores was unsecured. Hacker was able to gain credentials from a third party company. With credentials the Hacker implemented malware on Target’s POS system. Data was then offloaded to place all over World throughout the use of FTP
How case was resolved Implementation of new: Rules Logging Used applications to whitelist POS systems. Update and reset passwords across the board. Limiting vender access to servers. Appointed new CISO
Ways To mitigate Determine what devices are connected to the network Ensure all devices are secured before implementation Monitor the devices connected to the network Have regular network scans Defense in Depth Employee awareness training
Future of IoT Pros Introduces new products Time efficiency Cost effectiveness Self-awareness through health Cons New Security risks Breach of Privacy Over-reliance
Conclusion The Internet of Things is a rapidly expanding entity interconnecting people and technology in a way that is exhilarating but also brings new challenges for not only those dealing with internet security but the general public as well. Only time will show whether or not the IoT will be a valuable asset or if it will be a societal blight.
Sources on-us-companies-in-2014 [1] on-us-companies-in-2014 [1 security-and-technology-enhanc security-and-technology-enhanc things/disadvantages things/disadvantages security-breaches/ security-breaches/ internet-things/ internet-things/
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