IoT Security Threats: Quick Review
IoT security issues are proving biggest impediments in the optimum utilization of the technology. With the data exchange over the internet comes security concerns. Here are few significant security threats enlisted.
IoT Security Threats: Insecure Web Interface

This is an issue with the web interfaces built into IoT devices that allow a user to interact with the device. While doing the supposed function, it could allow an attacker to gain unauthorized access to the device. Specific security vulnerabilities that could lead to this issue include account enumeration, weak default credentials, Cross-site Scripting (XSS), Credentials Exposed in Network Traffic, SQL-Injection, and Weak Account Lockout Settings etc.

IoT Security Threats: Authentication issues
This area deals with ineffective mechanisms being in place to authenticate to the IoT user interface and/or poor authorization mechanisms whereby a user can gain higher levels of access than allowed. Specific security vulnerabilities that could lead to this issue include Lack of Password Complexity, Poorly Protected Credentials, Lack of Two Factor Authentication, Insecure Password Recovery, Privilege Escalation, and Lack of Role Based Access Control.

IoT Security Threats: Encryption insufficiencies
This deals with data being exchanged with the IoT device in an unencrypted format. This could easily lead to an intruder sniffing the data and either capturing this data for later use or compromising the device itself. Specific security vulnerabilities that could lead to this issue include Unencrypted Services via the Internet, Unencrypted Services via the Local Network, Poorly Implemented SSL/TLS, and Misconfigured SSL/TLS.

IoT Security Threats: Network Services roadblocks
This point relates to vulnerabilities in the network services that are used to access the IoT device that might allow an intruder to gain unauthorized access to the device or associated data. Specific security vulnerabilities that could lead to this issue include Vulnerable Services, Buffer Overflow, Open Ports via UPnP, Exploitable UDP Services, Denial-of-Service, DoS via Network Device Fuzzing.

IoT Security Threats: Privacy Concerns
Privacy concerns are generated by the collection of personal data in addition to the lack of proper protection of that data. Privacy concerns are easy to discover by simply reviewing the data that is being collected as the user sets up and activates the device. Automated tools can also look for specific patterns of data that may indicate the collection of personal data or other sensitive data. Specific security vulnerabilities that could lead to this issue include Collection of Unnecessary Personal Information

 IoT Security Threats: Insecure Cloud Interface
This point concerns security issues related to the cloud interface used to interact with the IoT device. Typically this would imply poor authentication controls or data traveling in an unencrypted format allowing an attacker access to the device or the underlying data. Specific security vulnerabilities that could lead to this issue include Account Enumeration, No Account Lockout, and Credentials Exposed in Network Traffic.

IoT Security Threats: Insufficient Security Configurability
Insufficient security configurability is present when users of the device have limited or no ability to alter its security controls. Insufficient security configurability is apparent when the web interface of the device has no options for creating granular user permissions or for example, forcing the use of strong passwords. The risk with this is that the IoT device could be easier to attack allowing unauthorized access to the device or the data. Specific security vulnerabilities that could lead to this issue include Lack of Granular Permission Model, Lack of Password Security Options, No Security Monitoring, and No Security Logging.

 IoT Security Threats: Insecure Software/Firmware
The lack of ability for a device to be updated presents a security weakness on its own. Devices should have the ability to be updated when vulnerabilities are discovered and software/firmware updates can be insecure when the updated files themselves and the network connection they are delivered on are not protected. Specific security vulnerabilities that could lead to this issue include Encryption Not Used to Fetch Updates, Update File not Encrypted, Update Not Verified before Upload, Firmware Contains Sensitive Information, No Obvious Update Functionality.
IoT Security Threats: Poor Physical Security

Physical security weaknesses are present when an attacker can disassemble a device to easily access the storage medium and any data stored on that medium. Weaknesses are also present when USB ports or other external ports can be used to access the device using features intended for configuration or maintenance. This could lead to easy unauthorized access to the device or the data. Specific security vulnerabilities that could lead to this issue include Access to Software via USB Ports, Removal of Storage Media, Suggested below are some countermeasures to protect against the threats mentioned above, Ensuring data storage medium cannot be easily removed, Ensuring stored data is encrypted at rest, Ensuring USB ports or other external ports cannot be used to maliciously access the device

Maximize Market Research has comprehensively analyzed Global IoT Security Market emphasizing on the use of Blockchain Technology in achieving greater efficiency and security. The driving forces, as well as considerable restraints, have been explained in depth to attain a balanced scenario. Segment wise market size and market share during the forecast years are duly addressed to portray the probable picture of this exuberant industry. The competitive landscape comprising of key innovators, service providers, market giants as well as niche players is studied and analyzed extensively with respect to their strengths, weaknesses as well as value addition prospects. The report presents significant case studies along with the success stories to motivate and guide the like minds. In addition, Report displays current consolidation trends with respect to prominent mergers and acquisitions, consequent Market fragmentation, new trends and dynamics in partnerships, emerging business models. This will enable the reader to comprehend whole IoT Ecosystem with utmost ease and clarity.

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Global IoT Security Market Analysis and Forecast 2024.
Global Blockchain Market
Global IoT Market

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