The IoT security compliance checklist emphasizes the importance of integrating security throughout the product life cycle to prevent cyber attacks, which can be costly and detrimental to businesses. Key components include authorization and authentication, data protection, comprehensive testing, flexibility for updates, remote patching capabilities, and intrusion detection to monitor and respond to anomalies. By implementing these measures, businesses can enhance their security frameworks and protect against potential breaches.

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.