Internet of Things Supply Chain Risks and Defences

Abstract

The unprecedented emergence of network preinstalled devices which are designed to connect to the internet by default, promises convenience by recurrent and consistent advancement every day. It also has a promise of better security and efficient functionality. But even the lat- est gadget launched in the market to consumers comes with potential security flaws which later skilled hackers, who al- ways seem to a step ahead of executive security technicians, exploit these weak spots, infect the system with malicious malware and penetrate with ease in the private and wide area networks. These tech-savvy devices are collectively called internet of things or simply IOT. They are the tradition non-networking devices aside from personal computers, laptops, tablets, and smartphones. Some of them are in our house vicinity such, electric cars, kettles, LED light bulbs, electric kettles, Bluetooth speakers and many more. While others are in the industrial scale, such as the execution of tasks in robotic factory assembly and artificial intelligence used in war and commercial planes such as autopilot systems. Due to these rapid modifications and avid application IOT in the industrial sector, most early adopters of the technology have ways attempted to get the upper hand over their business rivals. There are various objectives while undertaking IOT projects at an industrial scale, but mainly advanced customer support and smooth ground operations and as a source of new Streams incomes top the priorities of the majorities of industrial giants and conglomerate corporations. IOT security cannot be discriminated rather be the major priority of the IOT system at every level, and must support the safety, data privacy, high standards of confidentiality and a reliable security system. There is a notable convergence of the operating system and the information technology sector which contends with a cultural clash, but always be accompanied by trustworthiness. The need to countermeasure these emerging challenges led to the Industrial Internet Consortium (IIC). It was founded in 2014 to make way for realizing the monetary value in IIOT and tackle the threats that face those that depend and live proximal to the IOT systems.