IOT: A Threat to data Security and Employment

As we know Internet of things connects things or devices to a network using sensors and can share the data via communication with each other. This technology can be implemented in every area making things easy to access and maintain. But challenges and risks are part of every new innovation, so as IOT.

Some challenges are:

·         Expansion in Cybercrime Market: Cyber crime market is currently on small scale but IOT will surely expend this market to large scale. Many devices are not actually designed keeping security in mind. So eventually IOT will provide opportunity for cyber criminals to make more money.

·         Loss of Data: Loss of data is examined to be the biggest risk for IOT users. Current security measures do not contribute much to security of IOT. The majority people have significant concern that the cybercriminals will hack their devices, access the information linked and misuse that.

·         Less Employment: As daily activities will get automated, there will be fewer requirements of human resources. Helpers and workers without skills will end up losing their jobs. So this may result in unemployment in society.

·          Complexity: It can be judged as a simple system but IOT is a complex. Any small problem in IOT network can result in serious repercussion. It’s an ecosystem simple to use but using sensors, connecting devices and storing information needs much harder and complex designing.

·         Rapid Increase in requirement of Bandwidth: It has been revealed that there is an outsize jump in network traffic during last 6-7 years. This is because more and more devices are being connected to network due to social media and streaming media. This increased demand for internet will propagate business survival risk. To overcome this enterprise should consider adding bandwidth and magnify monitoring and traffic management.

Every new technology comes with benefits and well as risks. But most of these risks can be minimized using effective security measures, increasing bandwidth and making people skilled and employable according to the new technology.

Courtesy:  Ms. Pooja Juneja (Faculty, IMS Noida)