Wednesday, November 22, 2017

Regulation for IIoT is on its way – but is it enough?

Two of the biggest technology trends today - IoT (Internet of Things) and M2M (machine-to-machine) communications - are changing the business world beyond all recognition.

Companies of all sizes, from major manufacturers to small-and medium-sized services companies from all sectors, now have a golden opportunity to derive new revenue streams from managing and servicing their customers’ equipment remotely.

According to leading industry analysts, the IoT market already accounts for hundreds of billions of dollars in 2017 – a figure that is set to be in the trillions by 2021. But new research reveals IoT is also a major headache for enterprise everywhere because of limited information and inadequate security measures. Legislators in the U.S. and in Europe are working to bring in standards compelling designers to do more to make their devices secure. But the signs are that even then they may be limited in scope. The good news at least is that remote connections can be reliably secured so that M2M communications remains private and confidential using virtual private networks (VPNs).

The post Regulation for IIoT is on its way – but is it enough? appeared first on Security Boulevard.



from Regulation for IIoT is on its way – but is it enough?

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