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Cost-Effective, Silicon-Based Security Reduces Risks, Achieves Competitive Advantage

Manufacturers must address the growing demand for security and privacy built into connected devices.

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IDC Spotlight, by Robert Westervelt, Research Director, Security Products, sponsored by Rambus.

Device manufacturers are increasingly under pressure to address security and privacy. Cost-effective, silicon-based security is among the components that can significantly reduce the risk of physical attacks and cyberattacks and achieve a competitive advantage over both legacy and insecure solutions.

The adoption and proliferation of Internet of Things (IoT) devices have prompted enterprise security and compliance executives to consider ways to mitigate the new risks these devices pose to the organization. IoT devices are equipped with sensors and may collect rich telemetry that could be considered sensitive information. Depending on the criticality of the device, a compromise to the confidentiality, integrity, and availability of the data, or to the productivity and propriety of the components themselves, could result in a costly data breach or a public safety issue.

The risk is very real and requires device manufacturers to consider cost-effective ways to mitigate it. IDC has tracked both proof-of-concept exploits and real-world compromises that have been developed and identified that demonstrate some of these risks. Simple methods for surreptitiously sniffing RFID, Bluetooth, and NFC communications have been demonstrated for years. Physical items such as digital picture frames have been mistakenly shipped with embedded malware. Compromises of ATMs, insulin pumps, heart pumps, and cars have all been demonstrated. The very real risks of compromised systems were spelled out in detail after a cyberattack against SCADA systems caused a massive power outage in the Ukraine in 2015.
 

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