November 9, 2022

What Is An IoT Device Security Platform? A Guide to What To Look For When Choosing An Enterprise Solution

As the number of IoT devices grows, predicted “to reach 27 billion or more by 2025 (IDC, IoT Analytics)”, so does the need for IoT device management companies and security solutions.

While there are many benefits to the IoT, there are also security risks that come along with it. Gartner estimates that “75% of security failures will result from inadequate management of identities, access, and privileges” by 2023.

That’s why it’s important to choose an IoT device management company that can provide you with the security solutions you need to protect your data and your devices. So, what should you look for when choosing an IoT security solution?

What are IoT Device Management Companies?

IoT device management companies offer a variety of security solutions for IoT devices. These solutions can include:

Device Management: This solution helps organizations to remotely manage and monitor their IoT devices. It provides features such as firmware updates, device configuration, and performance monitoring.

Security: This solution helps organizations to secure their IoT devices from threats such as malware, hacking, and data leakage. It includes features such as encryption, authentication, and access control.

Analytics: This solution helps organizations to collect and analyse data from their IoT devices. It provides features such as data visualization, trend analysis, and predictive analytics.

Many IoT devices are designed to provide a specific function, to be space efficient and often there a numerous devices connected to serve a purpose. Therefore, the management of their security poses many difficulties.

The lack of processing power means they usually lack enterprise level security software, and updates and patches become difficult to maintain individually. That’s why it’s important to have a centralised security management system for your devices.

What Security Solutions do they offer?

Some common security solutions offered by IoT device management companies include:

1. Device encryption: This ensures that only authorized users can access your device data.

2. Data leak prevention: This helps to prevent sensitive data from being leaked from your device.

3. Malware protection: This protects your device from malicious software that could damage or disable it.

4. Firewall protection: This blocks unauthorized access to your device and can help prevent attacks.

The Different Types of IoT Device Management Companies

There are IoT device management companies that provide different types of security solutions. Some of these companies focus on providing security for devices that are connected to the internet, while others focus on providing security for devices that are not connected to the internet.

Some IoT device management companies only provide security solutions for certain types of devices, while others provide security solutions for all types of devices. For example, some companies only provide security solutions for smart home devices, while others provide security solutions for all types of IoT devices.

The type of company that you choose should be based on your specific needs and the type of devices that you have. If you have a lot of smart home devices, then you should choose a company that specializes in providing security for smart home devices.

If you have a lot of IoT devices that are not connected to the internet, then you should choose a company that specializes in providing security for those types of devices.

What to look for in an IoT Device Management Company

There are many IoT device management companies that offer security solutions to protect your devices and data:

  • Many IoT device management companies offer comprehensive security solutions that can protect your devices and data from a variety of threats.
  • IoT device management companies typically have experience dealing with the security risks associated with connected devices, so they can offer valuable insights and guidance on how to best protect your devices.
  • Some IoT device management companies offer additional features and services beyond just security, such as data analytics or remote device management. This can be helpful if you need more than just basic security for your devices.

Conclusion

There are few options out there that offer an all-in-one solution for IoT device lifecycle management, from providing credentials, encryption, automated onboarding and much more.

KeyScaler® is an innovative IoT security platform that:

  • Securely provisions and registers devices
  • Manages policy-driven credentials
  • Provides end-to-end device cryptography for data in transit and at rest across networks and cloud services
  • Enables organizations to comply with the latest IoT regulations

If you’re looking to invest in your IoT security infrastructure today, book a free 1-hour demo at: https://www.deviceauthority.com/book-a-demo/

WRITTEN BY
Louise José