Foresight review on cyber security for the industrial internet of things

The Internet of Things (IoT) is defined as a network of physical objects that are connected to the internet and can exchange data between devices. It is estimated that tens of billions of smart devices exist currently, and this number is growing rapidly. 

IoT-enabled industrial control systems (ICS) are becoming a significant proportion of current and future critical infrastructures, with high uptake in areas like energy, transport, the built environment and manufacturing facilities. The consequences of failure can be high in these environments, so it is essential to understand how these systems work to deliver secure and resilient infrastructures.

To mitigate systemic failure, it is essential to prioritise action by identifying key emerging risks and gaps in capability. From a security standpoint, this review considers the Industrial Internet of Things (IIoT) to be comprised of three key parts: 

• Physical devices (especially including sensors), 
• Communications networks
• Information and data, including associated software and hardware technologies for delivering processing and analytics.

• Improving operational processes for safety, productivity, monitoring, efficiency, adaptability, risk management or other outcomes.
• The green agenda: optimised energy efficiency, proof of energy consumption, etc, whether in support of internal priorities or for external compliance.
• Data markets: whether to monetise proprietary data on open markets, or to create or expand internal processes and services.
• Convenience and customer experience: providing data-based customisation and external windows into real-time status will become increasingly valuable.

If you wish to use and reference Foresight Review on Cyber Security, please include the following DOI: https://doi: 10.60743/4PR4-PW21.

Example Citation in Harvard Style:

Lloyd's Register Foundation (2020) Foresight Review on Cyber Security for the Industrial Internet of Things. Lloyd's Register Foundation. doi: 10.60743/4PR4-PW21.