Frost & Sullivan Report Says Convergence of IoT Applications Can Untangle Cybersecurity Challenges

The convergence of Internet of Things (IoT) applications with emerging technologies such as artificial intelligence (AI), Big Data, and context-aware computing could help address current security concerns around connected ecosystems, according to a recently released report from Frost & Sullivan.

Frost & Sullivan's TechVision research, “Cybersecurity Innovations in the Connected World,” identifies the key technology development areas within cybersecurity ecosystems and highlights security and technology innovations, challenges, primary attack surfaces, major standardization activities, and alliances enhancing security.

“Despite fingerprint technology's higher growth and significant revenue contribution in the past, new technologies such as iris, face, and vein recognition are witnessing strong adoption across industries. These new forms of biometric authentication are primarily focused toward improving the accuracy and flexibility of usage for end-users,” said Swapnadeep Nayak, Sr. Industry Analyst, Frost & Sullivan TechVision. “In addition, advanced analytics is playing a vital role in empowering businesses to draw fast, actionable insights from connected ecosystems while delivering granular segmentation for more accurate analysis.”

Key cybersecurity findings in the connected world include:

• Innovations across the various network layers for enhanced protection covering the network from specific types of attacks;
• New identity and access management technologies due to growing compliance demands among organizations across industries working on IoT platforms, and
• Spurt in intrusive prevention and risk analysis solutions tailored for specific sectors to identify unique issues for the ecosystem and prevent cyber-attacks at inception.

“The lack of secured integrated system for cross industry applicability is hindering the adoption of Internet of Things. The future Internet of Everything is expected to leverage a common secure cloud infrastructure with an unified application programming interface (API) for all application sectors,” said Nayak.