Protecting the Internet of Things

GZERO World with Ian Bremmer

GZERO Media

Politics, News, Foreign Policy, News Commentary, Government, Geopolitics, International Relations, Ian Bremmer, Trump, Global Economy, Gzero World

4.7 • 830 Ratings

🗓️ 30 March 2022

⏱️ 33 minutes

🔗️ Recording | iTunes | RSS

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Summary

Billions of watches, refrigerators, and even light bulbs around the world are network-connected, collecting and sharing your data. Smart device manufacturing could be a $500 billion business by 2028. But this new world of products brings new privacy and security concerns for consumers and institutions alike. In the second episode of Patching the System, a GZERO podcast produced as part of the Global Stage partnership with Microsoft, we’re examining the proliferation of “smart” devices and the potential risks they pose. We’ll also hear what the Cybersecurity Tech Accord is doing about this important issue. Our participants are: Vince Jesaitis, Senior Director of Government Affairs at Arm; Beau Woods, Cyber Safety Advocate for I Am the Cavalry; Ali Wyne, Eurasia Group Senior Analyst (moderator).

Transcript

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0:00.0	There's a William Gibson quote, the future is here, is just not very evenly distributed.
0:04.8	And I'd say that the future of security in IOT devices is here.
0:08.6	It's just not very evenly distributed.
0:10.4	Government plays an incredibly important role in all of this.
0:13.6	The market is certainly trending towards more secure IoT devices, but governments and action from governments can really accelerate that.
0:29.8	Welcome to patching the system, a special podcast for the Global Stage series, a partnership
0:35.1	between GZero Media and Microsoft. I'm Ali Wan, a senior analyst at Eurasia Group.
0:40.8	Throughout this series, we're highlighting the work of the Cybersecurity Tech Accord, a public
0:44.8	commitment from more than 150 global technology companies dedicated to creating a safer cyber
0:50.1	world for all of us. Today, we're talking about the Internet of Things.
0:55.0	Billions of devices around the world that are network-connected, collecting and sharing data.
1:00.0	Smart watches, smart refrigerators, even light bulbs you can turn on using your phone.
1:05.0	Smart device manufacturing is a big business.
1:08.0	It could top half a trillion dollars globally by 2028. But this new world of
1:11.8	products also brings new risks, both for privacy and security that are rarely considered as you
1:16.8	switch to these so-called smart devices. And some consumers have already felt the real impacts
1:21.7	of this, experiencing vulnerabilities and even attacks on Internet of Things devices.
1:26.7	And given these new risks, important discussions need to be had about what responsibilities
1:31.3	individuals and organizations have to protect us against these vulnerabilities.
1:35.3	I recently spoke to Anna Laura Gallo, the head of the Secretary of the Tech Accord, about the
1:40.3	dangers that smart devices and appliances can present.
1:43.3	They can be used to steal data, but also for illicit surveillance.
	...

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