The change in the role of CISO is primarily motivated by the implementation of Cyber-Physical Technologies, such as IoT devices, which are used throughout multiple applications in many industries. However, these machines that are wired to the Internet are on the brink of becoming a modern threat to corporate security. While the interest in connected devices increases, there is some skepticism of the industry as to how safe these devices are. It is projected that there will be 6.4 billion connected devices in operation by the end of 2020, and more than half of the big emerging business processes and technologies will incorporate IoT components.
In the coming years, emerging security and privacy implications are expected to escalate as IoT is gradually embedded into business processes. In this situation, CISOs would need to find out which devices are connected and how to store and protect the data produced by IoT devices. CISOs need to consider how the cyber threat environment is changing and how this could impact the security threats facing their organizations. Modern IoT cyber protection strategies are based around a variety of standard standards, such as visibility, security policy creation, security policy compliance, and utilization. Vendors that concentrate around addressing visibility and utilization are highly differentiated.
It is not always necessary for compromised systems to be upgraded as well as for manufacturers to fix these problems. Companies are expected to see the generation of hardware products in the coming years that would need to be replaced as crucial flaws arise.
For potential CISOs, it would be difficult to overcome the problems of embedded networks, including limited visibility of traffic in and out of the business. On the other hand, a shortage of infrastructure, software, and capability will preclude its workers from getting a good view of the company’s network. In this case, however, CISOs must go beyond computer systems and concentrate their attention on all the connected devices inside the enterprise and include them in their overall security preparation and testing.
Consequently, as the Internet of Things poses new obstacles for contemporary enterprises, CISOs must adopt a competitive strategy that begins by recognizing the types of IoT products they use. They need to focus on segmentation in the process of ensuring IoT reliability, instead of traditional methods that are mostly used to monitor general-purpose computers. Because no one can avoid all accidents, providing a detailed containment plan based on real-world experience can be helpful.
