IoT security compliance checklist is essential to ensure IoT security. Here is a complete it security audit checklist for ensuring the security of IoT Devices in real time.

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.