IoT security compliance framework is essential to ensure IoT security. Here is a complete iot security audit checklist for ensuring security of IoT Devices in real time. know more here : https://www.qwentic.com/blog/iot-security-compliance-checklist

1. IoT security
Compliance
Checklist

2. Introduction
• Any hack into an IoT Network can make bring a
business to a complete standstill, and this can lead
to a loss in brand loyalty, revenue, and more.
• The average cost of a cyber attack for enterprises
grew from $1.2 million in 2016 to $1.3 million in
2017. That’s 10 times higher than the $117K cost
of a breach for SMBs.

3. Components of IoT Security
Compliance Framework:
Businesses need to ensure that their compliance
framework takes into consideration the following
factors in security audit checklist:
Product/Device Life Cycle:
• Security needs due consideration right from
inception stage of the product life cycle. Security
considerations should be embedded in design as
well as the functionality of an IoT device.
• A sound security compliance framework must
closely monitor who can access specific devices
and what actions a device is allowed to
perform.

4. Components of IoT Security
Compliance Framework:
Authorization and Authentication:
• Authority implies role-based access controls over
functionalities of an IoT product. This limits
access in multi-user products and mitigates risk.
• The security framework must allow only for
authenticated devices to connect with each
other.

5. Components of IoT Security Compliance
Framework:
Data Protection:
• All IoT Products must limit the data that
they collect so that there is a lower
chance of data breach.
• Manufacturing organizations also need
to provide visibility about the data they
are collecting and why it is crucial.

6. Components of IoT
Security Compliance
Framework:
Testing:
• Testing must include physical
testing, digital testing, and
Third party testing.
• Continual testing followed by
relevant patching is a must.

7. Components of IoT Security
Compliance Framework:
Flexibility:
• IoT Security must be flexible enough to
accommodate new tools and guidelines in
the industry.
• An essential way of doing so is making
software updates as automated as possible.

8. Components of IoT
Security Compliance
Framework:
Remote patching:
• IoT products must come with
Remote Patching functionality for
improved user experience.
• This can help save thousands of
dollars spent on product recall or
vendor services.

9. Components of IoT
Security Compliance
Framework:
Intrusion Detection:
• The platform must be able to provide
insights such as anomalies in the traffic
pattern, malicious behavior through
behavioral analytics.
• Any divergence from normal behavior
can trigger alerts to required parties,
giving them appropriate leads on action
required.