A strong compliance strategy is essential in regulated industries facing strict requirements to protect their network environments - and that now includes IoT devices. Without proper IoT security, organizations are not only placing their operations at risk - they are subjecting their organizations to significant compliance deficiencies.
Failing to meet compliance requirements can be devastating for most companies, resulting in regulatory inquiries, fines, and public scrutiny. Yet, the IT security managers at the center of cyber compliance may not have a system in place that addresses the growing risk from unsecured IoT devices on the network. This is the Achilles heel of network IT security. There are a host of cyber security guidelines and standards enterprises are subject to, and almost all of them can be impacted by IoT. For example:
IoT devices complicate traditional approaches to IT security due to the massive and fragmented number of known and unknown devices on a standard network – coupled with the limited line of sight or understanding of what is inside them and the software vulnerabilities they often have. In scans performed for many of our clients, Finite State has seen that most organizations can identify less than half of the total devices on their network, and less than 25% of their IoT devices. To meet compliance requirements, your security team needs to: