What is The Internet of Things (IoT)?

When we talk about the Internet of Things (IoT) we no longer mean only PCs and smartphones. The concept has been integrated into our lives to the point that almost everything is connected to the Internet. On the basis that an IoT device is any device connected to the Internet either through sensors or Wi-Fi to exchange data, we have from smart thermostats, shoes, vehicles, houses, hospitals, manufacturing plants, locks to even all kinds of appliances.

Some data and facts

Let´s take a look at the following graphics to get an idea of the magnitude of the IoT phenomenon:

  • According to a Gartner report, in 2021, one million IoT devices will be purchased and installed EVERY HOUR (or what is the same, more than 278 per second).
  • There are currently more than 26.66 billion active IoT devices and this figure is expected to increase to 75.44 billion in 2025.

All this will result in a market size of $520 billion by the end of 2021 (according to Gartner).


Does IoT affect all sectors equally?


The risks of the Internet of Things

The main risk posed by the use of IoT devices is their vulnerability. On the one hand, we have that, according to a study by the Ponemon Institute, less than 20% of security professionals know exactly all of the company’s IoT devices.

On the other hand, it only takes five minutes to attack an IoT device (many of them do not even accept updates, do not encrypt the information they handle or their passwords are factory default). This leads us to that, according to Enterpeneur Media, 70% of the devices are currently vulnerable.

Some of the attacks to which these devices are exposed are: malware, exploitation sequences, denial of service attacks or Man in the middle attacks, among others.

Would the same happen if we used a different security approach? One that did not trust anything and considered potentially dangerous everything that comes from outside the network?

Find out how RITech can help you protect your organization with its web isolation solution.

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