Massive IoT means massive cybersecurity implications

Support for a massive number of internet of things devices, as well as significantly increased device density, is one of the primary use cases for 5G. While there’s considerable consumer interest in IoT devices—think smart watches, home security cameras and voice-activated assistants—the IoT is also creating new levels of efficiency and value for industrial and enterprise players in a wide range of verticals. But as formerly dumb devices get connected to the internet in the IoT explosion, which will be further emboldened with the scaled deployment of 5G, more network endpoints means more cybersecurity risks. But, with that risk comes the potential for reward; operators just have to figure out how to best monetize the IoT.
John Lenns, Oracle Communications’ vice president of product marketing, discussed the IoT opportunity in an a recent interview. “We’re starting to see ecosystems being developed—smart home, smart city, smart car, smart workplace. I think it’s going to create a challenge but a huge opportunity for the communications service providers. The opportunity is that it’s going to open up a whole new set of revenue potential for these CSPs to service businesses and enterprises…The challenge that’s going to be put forth simultaneous to the opportunity is how to do it profitably.”

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