Whether you are the owner of a small business or the CEO of a major corporation, you are affected by the rules and regulations of your sector. Organizations may better assess potential threats, implement safeguards for sensitive data, and prepare for the worst in the event of a data breach when they comply with their sector’s regulations. Also, failing to comply with these regulations may cost you hefty fees and fees. Non-compliance may even result in having to close your business for good.
Why IoT Cybersecurity Compliance is Crucial
IoT is a cutting-edge technology with products that can be used for a wide range of uses; however, it also comes with challenges, particularly when it comes to cybersecurity. Consequently, organizations look for ways to use IoT to improve their operations, but they should also be anticipating ways to address the risks that come with it.
One of the best ways to mitigate cybersecurity risks is by establishing a strict structure to achieve and maintain compliance that follows the rules established by industry regulators. Organizations must determine which laws and regulations apply to their firm. A company must also have a precise record-keeping system to document those processes and any pertinent audit trails.
Through compliance, these rules help to make cyberspace dependable, robust and unified. Some people prefer to view compliance obligations as a duty. However, compliance is the key to being competitive, avoiding destabilizing attacks, and delivering your clients the peace of mind and trust they deserve. Compliance with cybersecurity regulations is crucial because it makes cyberspace safe for all users, including the customers that are served and the businesses themselves.
Organizations can follow best practices and recommended security policies and regulations to reduce the risk of an attack with the guidance of compliance programs. When compliance frameworks are strong, and employees are properly trained, businesses are better equipped to face and recover from a cyberattack, such as a data breach.
Compliance Standards for IoT Connectivity
To improve compliance in IoT, admins should have visibility into all connected devices across all environments. Real-time reporting and leveraging automation of operational tasks are also crucial. This can help eliminate human error and enable large-scale deployment of functions such as firmware upgrades and password rotations.
When it comes to compliance with IoT technology, there are a few standards applicable for connecting IoT devices to the internet. For low-power devices, some of these standards involve Bluetooth wireless technology and the low-energy wireless network protocol, IEEE. While compliance with IoT standards and protocols is typically automatic, it may also depend on the device’s internal standards. Many types of IoT devices require other IT audit controls, including those that involve access, data integrity, and data security. Mostly, IoT devices display the same control requirements as your IT systems, which means you can apply the same control measures and metrics when auditing for IoT system compliance.
However, compliance remains a challenge for organizations using IoT solutions due to the lack of visibility amongst IoT manufacturers and the absence of the ultimate tools and guidance on IoT compliance standards that are recognized and applied worldwide. Organizations are recommended to to base their own policies on either horizontal standards (e.g. EN 303 645, ISO 27404, ISO 27402,...) or ones tailored to their market sector taking into account requirements stated in regulations (e.g. RED Directive, Cyber Resilience Act, ...). Finally, Cybersecurity Conformity Assessment tools such as CyberPass are designed to simplify these processes and would help in better managing the conformity status in time.