Bastille Highlights IoT Security Risks Facing Consumers and the Enterprise this Holiday Season

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20 million IoT devices will be stuffed in stockings, elevating security and privacy risks.

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With millions of smart gadgets and wearables tucked in consumers’ stockings this month, corporations need to be prepared for what is coming through their doors on Jan. 2.

This holiday season, Bastille Networks, the first company dedicated to securing the Internet of Things (IoT), aims to keep consumers and the enterprise safe by highlighting the cybersecurity risks inherent in connected devices. From smart watches to fitness trackers, 20 million IoT devices will be sold during the holidays. More than 80 percent of consumers are worried about data breaches and believe wearables will invade their privacy – and for good reason.

Currently, there are no security standards for connected devices and the IoT. Because these devices can be tracked through wireless protocol transmissions, significant privacy concerns exist for both the consumer and the enterprise. To highlight these risks, Bastille published two infographics for both corporations and consumers, which can be downloaded here.

“With millions of smart gadgets and wearables tucked in consumers’ stockings this month, corporations need to be prepared for what is coming through their doors on Jan. 2.,” said Chris Rouland, veteran cybersecurity expert and founder and CEO of Bastille. “Our company not only wants to raise awareness of the security risks these devices create, but also educate businesses and consumers on what they should do to protect their privacy and mitigate risks.”

For example, enterprises should enhance their bring-your-own-device (BYOD) policies and consider creating a more comprehensive IoT policy. Similarly, creating unique usernames and passwords for each app is one way users can stay safe. More than half of people use the same username for all apps and Internet activity, making it easy for hackers to access not only photo-sharing apps, for example, but also banking information and corporate emails.

“Currently, 53 percent of employees bring their IoT devices to work and connect them to the corporate network,” said Rouland. “Without proactively taking the necessary security measures, personal information, as well as an enterprise’s critical data, is vulnerable to attack.”

For more information on IoT security risks and privacy solutions, download the holiday infographics here and visit http://www.bastille.io.

About Bastille Networks
Based in Atlanta and launched in 2014, Bastille Networks is pioneering Internet of Things (IoT) security with next-generation security sensors and software safe and socially responsible airborne radio frequency (RF) emission detection, allowing corporations to accurately quantify risk and mitigate 21st century airborne threats. Through its proprietary technology, Bastille helps enterprise organizations protect cyber and human assets. Currently in pilot testing, Bastille will become generally available in late 2014. For more information, visit bastille.io and follow @BastilleNet on Twitter.

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Caroline Cassidy
@bastillenet
since: 04/2014
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