Digital Risk in the Internet of Things (IoT)
Maximize IoT benefits, minimize its risks with RSA
The internet of things is powering digital transformation across industries—enabling predictive maintenance in manufacturing, remote monitoring in healthcare, and smart cities around the world.
Meanwhile, complexity and vulnerabilities in IoT systems create significant cybersecurity, data privacy, business resiliency, third-party and compliance risks.
RSA can help you identify, manage and mitigate the digital risk that stems from using connected devices and systems to run your business.
Common questions about IoT risk
RSA Archer Suite, a leader in the Gartner Magic Quadrant for Integrated Risk Management Solutions, provides organizations with a single platform on which they can manage multiple dimensions of business risk. The new RSA Archer IoT App-Pack allows you to evaluate your organization’s IoT risk in the context of a broader integrated risk management program.
The number of IoT devices is predicted to exceed 38 billion in 2020.
Source: Juniper Research
85% of IT and business leaders surveyed by IDC say they have budgets for IoT projects.
Source: "Global IoT Decision-Maker Survey, 2019: First Look," IDC August 12, 2019
Only 16% of risk and security professionals say their organizations maintain an inventory of IoT devices and applications.
Source: “The Internet of Things: A New Era of Third-Party Risk,” Ponemon Institute, May 2017
IoT management challenges
Scale: Some sectors, like energy and manufacturing, are implementing IoT at scale, giving CISOs in those industries much more infrastructure and data to secure.
Variety: Many organizations use multiple types of IoT devices, each with their own data formats and processing capabilities.
Regulation: Regulators and law-makers in the US, UK and Japan have IoT security regulations either on the books or planned.
Best practices for managing digital risk in IoT
Get visibility. Use edge-based tools capable of seeing across IoT silos to take stock of all IoT devices across your organization.
Gain insight. Use an integrated risk management platform to analyze the risks that stem from using different kinds of IoT devices for different purposes.
Take immediate action. Secure access to your IoT devices, monitor them for threats and manage the risks they create throughout their lifecycle.
Discover more from RSA
RSA Archer IoT App-Pack
Understand and assess your organization’s risk exposure from IoT in the context of a broader integrated risk management program.
Manage third-party risk
Get best practices for building a third-party governance program that helps your organization ensure ecosystem risks don’t compromise business performance.
Mitigate cyber attack risk
See how prioritizing threats can help your organization coordinate an effective response to cyber attacks that helps minimize business impact.