Business A.M
No Result
View All Result
Friday, February 27, 2026
  • Login
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us
Subscribe
Business A.M
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us
No Result
View All Result
Business A.M
No Result
View All Result
Home Analyst Insight

Securing privacy in Internet of Things(IoT)

by Admin
January 21, 2026
in Analyst Insight

These days we are connected to our smart watches, phones and iPad. And, we have now seen an avalanche of products having features that replicate the internet of things – our cars can, at a command, play songs we want, our fridge can nudge us to order milk or eggs and we can control our barbeque stand through our phones. Yet, the privacy considerations in these tools stand out when it comes to the internet of things. In this article, I review what works to ensure the privacy of data collected on the IoT.
The internet of things is expanding quickly with huge gaps and security questions. According to research, it’s plagued with vulnerabilities, malwares and with the potential to destroy business processes. Cyber-attacks are increasing due to these vulnerabilities in IoT devices. But I digress.
There are known methodologies that can protect businesses that bask in the IoT space. But many fail to implement these methods in a feasible technical and organisational way. Using firewalls, IDS, anti-malware, and cryptographic methods can help defend against attack. But what exactly is the internet of things?
The internet of things is a collection of devices attached to the internet to collect and exchange data using nodes and controllers. The main goal of IoT is to improve the quality of life and provide benefits to organisations and government institutions. Imagine a country with roads that collect data daily, those data sets can help in a variable of ways: it can inform the stakeholders on what needs repair, the load on the road and other important things that can help improve the usage of that road (this is usually called smart cities). A medical doctor can collect so much information from watches patients wear and measure heart rates, sugar levels, etc. This is all made possible by the marriage of internet and hardware.
Many individuals and organisations are embracing IoT and yet many fail to consider the security. The potential for cyberattacks which may lead to privacy breaches is enormous and companies must be aware. I have mentioned known methodologies that can be inputted into these existing networks. However, there is the need to ensure that privacy by design and its (seven principles) serve as the main feature that most companies now pay attention to. In 2025, there is the claim that IoT will increase by 41 percent and that’s a huge jump. Then the question remains: how will privacy be treated?
It is also key that companies put good practice in mind especially, maintaining what is called the CIA triad: Confidentiality, Integrity, and Availability. With confidentiality, data should not be accessible to anyone without appropriate permissions; with integrity, data should be stable and not mutable to anyone without the right permissions; and with availability, the device should be available with those individuals with appropriate permissions. If companies don’t take proactive measures in employing these approaches, attacks and malfunctions will trample the intended business benefits. The onus, therefore, lies with stakeholders to ensure that as they create these products, they pay attention to privacy and security implications or consult with an expert before launching projects/products.

Admin
Admin
Previous Post

Economic transformation for subnational IGR growth

Next Post

Still hopeful for a self-sufficient economy 

Next Post

Still hopeful for a self-sufficient economy 

  • Trending
  • Comments
  • Latest
Igbobi alumni raise over N1bn in one week as private capital fills education gap

Igbobi alumni raise over N1bn in one week as private capital fills education gap

February 11, 2026
NGX taps tech advancements to drive N4.63tr capital growth in H1

Insurance-fuelled rally pushes NGX to record high

August 8, 2025

Reps summon Ameachi, others over railway contracts, $500m China loan

July 29, 2025

CBN to issue N1.5bn loan for youth led agric expansion in Plateau

July 29, 2025

6 MLB teams that could use upgrades at the trade deadline

Top NFL Draft picks react to their Madden NFL 16 ratings

Paul Pierce said there was ‘no way’ he could play for Lakers

Arian Foster agrees to buy books for a fan after he asked on Twitter

BUA takes Nigeria’s agro-industrial ambition to global stage

BUA takes Nigeria’s agro-industrial ambition to global stage

February 27, 2026
IIF drives transition from gender advocacy to financial market implementation

IIF drives transition from gender advocacy to financial market implementation

February 27, 2026
FAAN unfolds details of N712.3bn upgrade plan for world-class MMIA 

MMIA fire: Ganduje laments equipment loss, lauds FAAN’s temporary terminal

February 26, 2026
M-KOPA reports 77% income utilisation rate from smartphone financing

M-KOPA reports 77% income utilisation rate from smartphone financing

February 26, 2026

Popular News

  • Igbobi alumni raise over N1bn in one week as private capital fills education gap

    Igbobi alumni raise over N1bn in one week as private capital fills education gap

    0 shares
    Share 0 Tweet 0
  • Insurance-fuelled rally pushes NGX to record high

    0 shares
    Share 0 Tweet 0
  • Reps summon Ameachi, others over railway contracts, $500m China loan

    0 shares
    Share 0 Tweet 0
  • CBN to issue N1.5bn loan for youth led agric expansion in Plateau

    0 shares
    Share 0 Tweet 0
  • Glo, Dangote, Airtel, 7 others prequalified to bid for 9Mobile acquisition

    0 shares
    Share 0 Tweet 0
Currently Playing

CNN on Nigeria Aviation

CNN on Nigeria Aviation

Business AM TV

Edeme Kelikume Interview With Business AM TV

Business AM TV

Business A M 2021 Mutual Funds Outlook And Award Promo Video

Business AM TV

Recent News

BUA takes Nigeria’s agro-industrial ambition to global stage

BUA takes Nigeria’s agro-industrial ambition to global stage

February 27, 2026
IIF drives transition from gender advocacy to financial market implementation

IIF drives transition from gender advocacy to financial market implementation

February 27, 2026

Categories

  • Frontpage
  • Analyst Insight
  • Business AM TV
  • Comments
  • Commodities
  • Finance
  • Markets
  • Technology
  • The Business Traveller & Hospitality
  • World Business & Economy

Site Navigation

  • Home
  • About Us
  • Contact Us
  • Privacy & Policy
Business A.M

BusinessAMLive (businessamlive.com) is a leading online business news and information platform focused on providing timely, insightful and comprehensive coverage of economic, financial, and business developments in Nigeria, Africa and around the world.

© 2026 Business A.M

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us

© 2026 Business A.M