According to the Global Artificial Intelligence of Things Solutions Market report, AIoT market will reach a whopping $83.6 billion by 2027 with a compound annual growth rate of 39.1%. With more than two-thirds (66%) of American households owning at least one or more IoT devices such as smart speakers, bulbs or watches, these devices are becoming an integral part of our daily lives.
On the flipside, artificial intelligence adoption has almost doubled in the last five years, according to the State of Artificial Intelligence report by McKinsey. The merger of these emerging technologies leads to some exciting opportunities. AIoT is all set to transform the way the cybersecurity industry operates in the future. If you are interested in learning how, then this article is for you.
In this article, you will learn about how AIoT will transform the way the cybersecurity industry operates in 2025 and beyond.
Security Issues of IoT
Here are some of the security issues associated with internet of things devices.
Lack of Visibility
One of the most common issues with large IoT networks is lack of visibility. As more devices become a part of your IoT network, it is harder to keep track of them. Due to this, you can easily lose sight of them. To make matters worse, IoT device manufacturers have no built-in mechanism which allows them to track devices once they have been shipped to the buyers. This means that there is no after sales support, security and maintenance, which makes these devices more vulnerable to data breaches.
Vulnerabilities in the Code
Another issue with IoT devices is that they use open source software, which is prone to security vulnerabilities as well as bugs. This makes it easy for threat actors to exploit those vulnerabilities and compromise IoT devices.
Weak Passwords
Research has shown that most users don’t choose the default passwords from smart home devices. With easy to guess default passwords, hackers can easily gain access to your internet of things devices.
Poor Security Integration
Last but certainly not the least is poor security integration. With millions of IoT devices not properly secured, the lack of security integration makes it even more pronte to cybersecurity attacks and data breaches.
How AIoT Will Transform Cybersecurity?
Here are some of the ways in which AIoT will transform cybersecurity.
Improved Data Security
By incorporating artificial intelligence technologies such as neural networks, linear regression and decision trees, developers can create secured cybersecurity applications. This empowers them to identify and mitigate the risk of cybersecurity threats faster. As a result, data collected, stored or transmitted by IoT devices stays safe.
Enhanced Visibility and Analysis
What makes artificial intelligence and machine learning stand out is its ability to analyze large data sets quickly and its ability to identify patterns in those data sets. When you integrate machine learning and artificial intelligence with IoT devices, you can reap the benefits of continuous monitoring and analysis.
This gives your cybersecurity systems real time situation awareness, which makes it much easier for you to react to different types of cybersecurity threats. With artificial intelligence at your disposal, it is much easier for you to make the right decision at the right time and minimize the damage caused by cybersecurity attacks.
Solid Access Controls
Some industries such as healthcare and finance tend to need more security for their IoT devices as the stored in them are of critical nature. That is why they use specialized IoT devices that use biometric authentication. This allows them to restrict access but also offers them more access control. As a result, only users who are authorized to access that data can gain access to it. Similarly, banks can also use it to limit access to certain vaults and rooms as well as some storage compartments.
Boosting Operational Efficiency
IoT devices are capable of collecting and transmitting real time data. When you have access to real time data, you can make right business decisions faster which can put your business ahead of your competitors just like when they VPS server Providers. Not only that, it allows managers to get real time insights, monitor the situation on ground as well as taking corrective measures if something goes wrong. By responding to mishaps quickly, you can mitigate the risk before it can turn into something dangerous for your business.
Safer Workplace
As more and more businesses adopt automation, we are seeing more robots than humans work in factories. There is both a bright and dark side to it. Yes, these robots are replacing human workers and taking their jobs but on the other hand, they are paving the way for a safer workplace with fewer accidents.
Smart robots equipped with sensors are capable of exchanging data. This not only saves time and money but also minimizes the risk of errors associated with humans. This means that the workers will be less prone to injuries. This can come in handy especially in labor intensive industries where workers are more susceptible to such injuries.
Conclusion
AIoT overcomes the shortcomings of the internet of things and provides new powers to IoT devices such as the ability to analyze and learn from past data, predict future activities and make smarter real time decisions. On the flipside, the internet of things enhances connectivity and data transmission capabilities empowering cybersecurity professionals to gain complete visibility over their entire cybersecurity infrastructure.
AIoT will lay the foundation for development of secure systems and applications on top of AI and IoT. It will give businesses the peace of mind that the data stored on IoT devices remains safe. As the technology matures, we would see more applications of AIoT just like we saw with dedicated server hosting. How will artificial intelligence and the internet of things change cybersecurity in your opinion? Share it with us in the comments section below.