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Risk Management




Episode 98

Business is all about creating value and then monetizing it; and it’s no different in IoT. For companies to succeed in IoT, both value creation and value monetization must be mastered.
Listen to this podcast (or read the transcript), where I share with you three lessons from the ICIP Business course. The first, an overview of the value creation framework, that walks through the four types of value creation in IoT. The next lesson is on one of the five classes of business models used in IoT – the Service business model. And the third lesson is an overview of risk management – the business counterpart to cybersecurity. This episode is a lot shorter than last week’s but packs a big punch ...




Episode 91

The thing about the GDPR, whether we like it or not, is that it’s forcing us to do the right things when it comes to sensitive data in IoT. While there’s certainly a burden to bear, following its regulations on subject’s rights is a guide book on the right way to handle consumer privacy. So use its introduction as a reason to catapult this part of your business forward.
Listen to this podcast (or read the transcript), where I speak with Chris Perram about the first steps to compliance and how to take them ...




Episode 90

The GDPR, or General Data Protection Regulation, is coming – whether we like it or not. Before you dismiss it as a European thing, take a second look, because on May 25, 2018, data privacy is going to change worldwide and forever. The EU is stepping up and leading the world in defining the future of data privacy.
Listen to this podcast (or read the transcript), where I speak with Rosie Burbidge about the GDPR, why it’s consequential and why it’s going to affect you ...




Episode 77

Lose five pounds of belly fat in five days! Sound too good to be true? Yeah, it probably is and because of that you would expect the FTC to be all over it. But instead of weight loss products, what about IoT products? What’s fair? What’s deceptive?
Listen to this podcast (or read the transcript) with Jared Ho about the FTC’s role in IoT and some guidelines to help your company navigate through the gray ...




Episode 72

When we buy an IoT Product for our home or our business, the advice is the same: read the fine print. There are plenty of technical obstacles that can be thrown in your way to stop you from having complete control over your data but sometimes the devil is in the details and these contractual details can have a major effect on your business.
Listen to this podcast (or read the transcript) with with Johannes Ernst about the IoT Overloads and the upcoming data showdown ...




Episode 62

Repeat this mantra: Privacy by Design, Privacy by Design. Although, Security by Design is a best practice followed by IoT companies in the know, its business counterpart, related to risk, isn’t chanted nearly as often as it should be. Privacy by Design should be repeated with every second breath. In this episode of the IoT Business Show
Listen to this podcast (or read the transcript) where I speak with Paul Plofchan about Privacy by Design and other privacy best practices ...




Episode 56

Black hat, white hat… gray hat? What does it all mean? In this context, the different colored hats refer to the different approaches to testing the cyber security of your IT, or in our case, IoT infrastructure.
Listen to this podcast (or read the transcript) where I speak with Paul Jauregui about pen testing and other things you need to know about when working with an external security assessment firm ...




Episode 44

If your company is collecting data, and every IoT company collects data, it needs a formal “Information Security Program”. We’ve talked risk assessment in the past, that is the process of assigning liability to each potential security breach, but that’s only part of the program.
Listen to this podcast (or read the transcript) I speak with John Ansbach about the rest of the “Information Security Program”, impending regulation and privacy concerns ...




Episode 42

The business counterpart to IoT security is risk, loosely defined as probability times liability. The current narrative around liability is centered on privacy but it turns out that laws, regulations and cyber security in general are some of the other elements in the IoT liability matrix.
Listen to this podcast (or read the transcript) I speak with Mark Radcliffe about the current IoT legal framework and the potential liabilities to address early on in the IoT product development cycle ...




Episode 33

The more I dig into it, the more I’m convinced that privacy is a bigger issue than security in IoT. Don’t get me wrong, the challenges facing IoT security are huge and in many cases, unchartered but, we’ll figure them out. Why? Because we’re good at figuring out tech. What’s going to be more challenging is teasing out the rules of engagement from the tangled web of IoT privacy. This involves people, companies, special interests and the law – much more difficult and with huge business implications.
Listen to this podcast (or read the transcript) with privacy philosopher Justin Klein Keane about the challenges we face and some mental frameworks in which to consider them ...