Beyond the Kingdom’s Gates: How the Internet of Things Expands Cyber Risk Well Beyond Your Perimeter

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It’s an exciting Friday at the company. Months of planning an acquisition will culminate in a public announcement early the next week. In a bustling conference room, the planning team reviews the execution plan one last time. Spirits are high as the weekend approaches.

By midday Monday, the mood has drastically shifted. An early morning buying frenzy of the target company’s stock inflated its price, fueling rampant speculation of an acquisition. The stock is no longer at an acceptable price and months of planning are undone. The company’s executives, confident in the deal team’s integrity, engage a cybersecurity firm to determine if they’ve been hacked.

The cybersecurity team determined the smart TV in the conference room was hacked, its built-in microphone activated and recordings of planning sessions were exfiltrated. The company carefully secured email and other traditional IT resources but overlooked the Internet of Things (IoT).

What Is ‘The Internet of Things’?

Without a universally accepted definition, IoT is generally considered the interconnection of any device to other devices or systems through the…

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