Blog: Risk Management in Connected Devices

Over 200 billion devices are expected to come online by the end of this year—2020. This fact exponentially increases the number of threats organizations and consumers.

Everyone these days is surrounded by a plethora of smart devices collectively (Internet of Things  – IoT). These “things” are devices with the capability of connecting to other devices and the internet as well.

They include everything, from smart home devices to wireless headphones to security cameras to smart pacemakers. In short, if you can connect to them by using your phone, then it’s a smart device.

Today, IoT is changing both businesses and lives by improving efficiency. This concept is nowaday driving productivity, and helping entities and individuals automate tasks so they can spend more time interacting with data.

However, as convenient as they are, they come with their own set of security risks we need to manage. Smart devices create more endpoint security vulnerabilities which increase the chances of a cyber-attack.

That’s because the same sensors used in IoT devices also collect a huge chunk of personal data. When compiling it with data from other devices, it’s possible to paint an astonishingly accurate profile of a person.

Endpoint Security and Risk Management 101

The massive expansion of the range of smart sensors, improvement in wireless technology, plus a relatively cheap processing has led organizations to look for efficiency improvement. Naturally, it demands adding remote workers and offices to their business models.

It creates more endpoints, the number of devices connecting to a home or organization’s network outside of its safe zone or firewall e.g., IoT devices, smartphones, laptops and tablets.

Providing security measures to protect these devices and, ultimately, the network from cyber threats is what endpoint security is all about.

Challenges to endpoint security

The main obstacles to providing effective endpoint security are:

  • People
  • Disjointed solutions
  • Novel and advanced endpoint security threats.

Everyone of them require separate agents to solve.

Disjointed solutions

The average organization has multiple endpoints with disconnected security solutions that don’t always play nice with the broader IT infrastructure. This practice are against risk management.

While the shortage of skilled security professionals with experience with multiple endpoint security solutions only serves to complicate the issue further.

Novel and advanced endpoint threats

According to Symantec, on average, more than a million of malware variants pops up every day. A large number of these threats use both novel, and well-known techniques some of which are file-less like PowerShell scripts and others file-bases which makes most of this malware, for the most part, appear invisible.

People

The main challenge here is that not everyone in an organization is security savvy, and most employees believe that cybersecurity should be the left to the professionals.

It’s an especially big problem for organizations that allow employees to bring their own devices.

Risk Management

To build or create an effective countermeasure against these threats, you should consider employing an endpoint security monitoring solution that can analyze and identify any potential threats to your network.

That said, the best form of endpoint security protection is by being proactive; here’s how:

Be informed

A robust endpoint security solution starts on information. Every business should have a thorough understanding of its assets, so it can analyze and identify which devices or systems are the most vulnerable and pose the most significant risk to the network.

That means conducting routine health checks, validating performance, analyzing the current security infrastructure, and identifying any vulnerabilities.

Be organized

To beef up endpoint protection, try adopting the latest security solutions, continuously monitor and sandbox applications, and connections. Lastly, take the time to properly integrate endpoint security solutions with the organization’s existing infrastructure.

Ask for help – Address Risk Management Properly

Integrating disparate endpoint solutions to protect against the increasing number of cyber threats can be daunting; that’s why it’s essential to know when to ask for help.

To secure your organization against endpoint security threats, then you need to get a managed security solution is the way forward.

Endpoint security professionals know how to develop and implement risk management focused on controls to find the perfect balance between reducing risk while maintaining productivity and efficiency.

They provide the resources necessary for threat analysis and intelligence, round the clock monitoring, and insights to protect mission-critical applications, data and infrastructure.

Reach out to Helm Partners to learn more about how we can help your organization navigate this challenge.

 

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