Security News > 2021 > April > The Rise of Industrial IoT and How to Mitigate Risk

With the acceleration of digital transformation and convergence of IT and operational technology networks, Internet of Things and Industrial IoT devices are becoming essential tools for companies in sectors including oil and gas, energy, utilities, manufacturing, pharmaceuticals, and food and beverage.

To address the rising use and risk associated with IoT devices, the IoT Cybersecurity Improvement Act was officially signed into law on December 4, 2020.

Recognizing a lack of uniformity in identifying vulnerabilities and supply chain risk introduced by IoT devices, the Act seeks to replace today's largely ad hoc approach with standards and guidelines.

As more legacy OT assets become internet-facing, and industrial companies add more internet-connected devices to their environments to drive automation and modernization, the challenge of mitigating risk will only grow.

Proactive risk management requires being able to examine and address risk from different yet complementary perspectives to bring context to the overall security of an OT environment.

Let's learn from insights into risks and costs, and from guidelines put forth in new regulations, to get ahead of the risk IIoT devices can introduce to industrial environments.

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