By Adewale Sanyaolu
Schneider Electric, has debunked cybersecurity misconception about edge computing, stressing that edge computing was becoming increasingly undeniable, cementing its place from hype to necessary technology of the now.
According to Schneider Electric, Forrester the American market research company called 2021 the year for Edge Computing, having predicted that the technology would move from experimentation to mass deployment.
It, however, noted that the newness of Edge, outside of IT circles, unfortunately contributes to a lot of confusion on the subject and related concern about how secure it is. Schneider Electric explained that compared to a centralized and highly secured data centre, the idea of a decentralised network of endpoint devices placed at the edge of computing networks, is leading to concerns and more unfortunately even misconceptions and undue worry, which could get in the way of organisational adoption.
The energy management company stressed that while organisations may have run with the castle-and-moat mentality – assuming those located at the back end were harmless and could be cleared for all-access – organizations are no longer as isolated, often depending on cloud solutions or having employees access company resources externally, especially when working from home.
Speaking on behalf of APC by Schneider Electric, Oluwaseun Oloyede, Secure Power Leader for Anglophone West Africa, further explained that with the current reality, the old proverb of “trust, but verify” is no longer safe enough, adding that instead, Zero Trust is the way to go, by adopting a “don’t trust anyone, until verified” mentality. He stated that while this may cost more to secure one’s operations, it will help in avoiding loss of data and customer trust due to data breaches, and will save an organization much more in the long run.
Citing Cybercrime Magazine, Oloyede predicts cybercrime will inflict $6 trillion in damages globally in 2021, making it the third largest “economy” after the US and China. This, he says, is expected to grow 15 percent year-on-year, likely to reach $10.5 trillion in damages by 2025.
In view of that, Schneider Electric says that adopting Edge Computing can also present an exciting opportunity to refresh one’s security systems, noting that concerns faced by the Edge has been thoroughly ventilated by security experts, who recommend mitigation with a holistic strategy in four parts, which includes device selection criteria; secure network design; device setup/configuration; and operation and maintenance.
A common concern with IoT devices is that they could be the weakest link that enables attackers to break into an Edge network. Emphasizing on device selection criteria, Schneider Electric said that it’s important to consider two standards when choosing devices.