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Internet of Things (IoT) Cybersecurity: Literature Review and IoT Cyber Risk Management

by In Lee
School of Computer Sciences, College of Business and Technology, Western Illinois University, Macomb, IL 61455, USA
Future Internet 2020, 12(9), 157; https://doi.org/10.3390/fi12090157
Received: 21 July 2020 / Revised: 11 September 2020 / Accepted: 16 September 2020 / Published: 18 September 2020
(This article belongs to the Special Issue Frontiers in Cyber Security)
Along with the growing threat of cyberattacks, cybersecurity has become one of the most important areas of the Internet of Things (IoT). The purpose of IoT cybersecurity is to reduce cybersecurity risk for organizations and users through the protection of IoT assets and privacy. New cybersecurity technologies and tools provide potential for better IoT security management. However, there is a lack of effective IoT cyber risk management frameworks for managers. This paper reviews IoT cybersecurity technologies and cyber risk management frameworks. Then, this paper presents a four-layer IoT cyber risk management framework. This paper also applies a linear programming method for the allocation of financial resources to multiple IoT cybersecurity projects. An illustration is provided as a proof of concept. View Full-Text
Keywords: Internet of Things; cybersecurity; risk management; linear programming; IT assets; cyberattack; vulnerabilities; cyber threat; risk assessment Internet of Things; cybersecurity; risk management; linear programming; IT assets; cyberattack; vulnerabilities; cyber threat; risk assessment
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Lee, I. Internet of Things (IoT) Cybersecurity: Literature Review and IoT Cyber Risk Management. Future Internet 2020, 12, 157.

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