A Frost & Sullivan report identifies key trends to address connected device security concerns.
Emerging technologies such as artificial intelligence, big data and context-aware computing could help in fixing the security problems associated with the IoT, according to a report published by analyst company Frost & Sullivan.
Its new report, Cybersecurity Innovations in the Connected World, says that pervasive security through context-aware access control is one of the future areas currently being explored by developers.
By using such technologies, developers can “accurately analyse user data at every node of the network, thereby delivering an all-in-one packaged security solution that offers user application and flexibility across any sector for optional interoperability in a connected world”, the analyst firm said.
The report identifies the key technology development areas within cybersecurity ecosystems and highlights security and technology innovations, challenges, primary attack surfaces, major standardisation activities, and alliances that enhance security.
Frost & Sullivan TechVision senior industry analyst Swapnadeep Nayak said that, despite fingerprint technology’s higher growth and significant revenue contribution in the past, new technologies such as iris, face and vein recognition are witnessing strong adoption across industries.
“These new forms of biometric authentication are primarily focused toward improving the accuracy and flexibility of usage for end-users,” he said. “In addition, advanced analytics is playing a vital role in empowering businesses to draw fast, actionable insights from connected ecosystems while delivering granular segmentation for more accurate analysis.”
Data integrity and security
Confidentiality and integrity of data and systems can be compromised at any point of time by hackers attacking the connected ecosystem. These security breaches could lead to significant costs for enterprises by disrupting services thereby reducing satisfaction for customers and hampering brand image.
Security challenges often faced by organisations include lack of security standards, lack of comprehensive security solution to mitigate threats, and lack of cross-platform security technology.
“The lack of secured integrated systems for cross-industry applicability is hindering the adoption of Internet of Things. The future Internet of Everything is expected to leverage a common secure cloud infrastructure with a unified application programming interface (API) for all application sectors,” said Nayak.