The internet of Things is now powering many different business processes. From smart factories (industry 4.0) to interconnected devices right within your home, IoT technologies are slowly becoming the industry standard.
However, the popularity of interconnected devices comes with its own set of risks. IoT devices provide more gaps and potential weak points for cybercrime perpetrators. Without a secure and encrypted environment, hackers can access various IoT devices and affect how they process and share information.
In an attempt to address this challenge, the National Institute of Standards and Technology (NIST) proposed the creation of standardized security practices for IoT devices.
But how will these standards apply to connected data and how can they mitigate potential risks?
Defining the Internet of Things
Before diving into the proposed standards by NIST, you should first understand what the IoT is and how it affects your devices. Simply put, any device that can connect and share information with another device falls under the internet of things.
These devices work via a network of sensors that can detect various stimuli (such as temperature, pressure, or electricity) and transmit…
