According to recent Cisco projections, the Internet of Things (IoT) is a $14 trillion revenue opportunity that Gartner estimates will contain 25 billion connected things by 2020. It is increasingly recognized that the full potential of connected devices and systems can only be achieved when these connected things are associated with individual identities. According to IoT Evolution World, products and services connected through individual identities can increase value for customers by providing highly personal experiences and allowing enterprises to not only monitor their product’s performance, but also better understand how customers use them.
Of course, with an increasing number of products and services connected by identities, there is a growing need for strong identity management providers to ensure these connected systems remain secure.
Four Identity Focused Security Concerns
As you begin to look for an identity and access Management as a Service (IDaaS) provider, there are several key areas of security to be concerned with.