One thing is certain in each December: experts of most industries make predictions on what is in store the year after. IoT experts too have come up with their own predictions. They say that it is a fascinating time ahead for cybersecurity. They did not hold back when making their predictions for 2020. Here is a rundown of some of their predictions when it comes to IoT device security.
- Shorter validity times are likely for Transport Layer Security (TLS) certificates. So, companies will have to start adopting automation to facilitate certificate management.
- Users will need to have more awareness about security because malicious actors exploit free DV (domain validated) certificates to display the padlock icon on their sites.
- Hackers will keep finding vulnerabilities in devices because IoT cybersecurity is not the greatest priority when these are made. Some improvements have been seen, but the industry hopes for more.
- The year 2019 saw the implementation of the California Consumer Privacy Act (CCPA) as well as the failed New York Privacy Act (NYPC). There is a drive for a nationwide privacy act, but in the Trump administration, that is less likely to happen. Even so, users are concerned about privacy violations. American states are implementing their own decrees to fill the holes, but this move is going to make compliance extremely tricky for organizations. This is because of the pieced together nature of implementation.
- National Institute of Standards and Technology will standardize a quantum-proof algorithm by the period 2022 to 2024, starting a universal attempt to deploy the algorithm. Organizations that emphasize cryptographic agility and inventory cryptographic systems will have an easy time implementing it. However, other companies will not find as easy to do.
- A quantum computation device is going to resolve an economically significant issue in 2020. This will start a new age of financial investment in speeding up quantum computing’s development, on the basis of the presentation of practical advantages. The implementation of quantum-proof cryptography will have to progress.
- We are going to see more exploits on public IoT-enabled devices, which will make regulators strengthen their stance the on the internet of things security. More governments around the globe will bring in the internet of things security regulation.
- Industries will unite in a bid to make standards for protecting IoT devices against threats they face.