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What Are the Main IoT Cybersecurity Predictions for 2020

December 31, 2019

With the year 2019 ending, it's time to take a look at what the predictions are for 2020. A new year and a new decade are starting, and IoT security is continuing to change and evolve.

The year was filled with numerous breaches across the connected world, not just in IoT, so it’s vital to take a closer look at what the experts are predicting for the year upon us. Also, it should help you improve the IoT security of your business.

5G Is Much Nearer Than We Think

Only a year ago, 5G existed only in theory. However, as 2019 is ending, we now know how it functions and how revolutionary it is, and we also know that there are already a handful of 5G cities across the world.

5G is likely to roll out in several countries in 2020, like the U.S. and South Korea, so it’s already time to think about 5G and IoT security.

Security of IoT Buildings a Growing Concern

According to Gartner, eight of every ten connected things in 2020 will be buildings. That makes smart buildings the most important thing we need to keep secure in the near future.

It’s not certain that there will be many attacks on smart buildings, but that doesn’t mean that their security is not of the highest importance. What’s also certain is that cybercriminals can use the building’s management system as their pivot point for obtaining data or manipulating controls.

Blockchain Could Amplify IoT Security

The blockchain technology came with Bitcoin, but several years later, even though many don’t think Bitcoin matters, no one is stating the same for blockchain.

Already, governments and organizations across the globe are either implementing or attempting to apply blockchain technology to improve their security. The same thing is likely to follow in the world of IoT.

Everything Is Becoming Secured by Design

The one good thing that has resulted from the increasing number of attacks and breaches is the fact that more and more manufacturers are making their devices secured by design. The attention IoT security continues to get is forcing manufacturers to ensure their devices are as safe as they can be.

The increasing awareness of the importance IoT security can only mean that manufacturers will pay even more attention to making their devices secure, and we might even see a lower number of successful attacks and breaches in the near future.

The Growing Security Services Market

Many companies increasingly realize that they cannot handle security on their own. That has continued to make the cybersecurity industry larger and larger. The IoT segment is growing at a fast rate, and we can only expect it to grow even more in 2020.

What’s more, companies are increasingly moving away from ineffective in-house security models and more toward hybrid ones or completely outsourced solutions.

The Bottom Line

The last year had many breaches and high profile hacks, so we can only hope that a continuous push towards a more secure IoT future will make 2020 and the entire 2020s decade more safe for IoT networks and users.

 

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