VIEW: Government cyber bill not up to scratch

The Product Security and Telecommunications Infrastructure Bill is a first step in protecting the consumer market. We’ve seen widespread security breaches within the market, such as the hacking of Amazon’s Ring doorbells, so any measures to drive improvements should be welcomed.

However, the bill does not go far enough to protect the commercial market and those that are driving the adoption of the Internet of Things and Industrial IoT. As the availability of 5G increases, the number of connected devices and use cases for IoT and IIoT will grow, posing risks to businesses and human safety.

Any breach, whether targeted at utility or water management or even controlling the brewing process in breweries, could result in a major business or social impact, so we need to see greater consideration of how the local, global and cloud architectures can integrate security by design.

Traditional considerations applied to operational technology have some merit, but models such as the Purdue Model are not sufficient to meet the needs of thousands of distributed, potentially publicly available devices.

    Share Story:

YOU MIGHT ALSO LIKE


Cyber physical risks
Property damage as a consequence of cyber attack is often excluded from standard property policies, but as the industrial internet of things expands, so too do the risks. This podcast examines the evolving threat landscape. Published October 2021

Financial institutions were early adopters of cyber security and insurance. Are they still on top of the game?
Managing huge amounts of sensitive data online makes financial institutions a prime target for hackers. As such, the sector was an early cohort for insurers in creating cyber cover. Since then, the market has evolved almost beyond recognition. It continues to challenge itself to this day, complying with rigorous regulatory demands and implementing avant-garde enhancements to keep abreast of the ever-changing risks. Published June 2021