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NXP - 7 Experts Discuss Managing Security Risk and Regulatory Compliance at the Edge

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Cybersecurity is a problem for everyone—not just OEMs. Governments, industries, and even consumers are realizing the impact that poor security can have. It can cause a lot of damage, and the costs to fix that damage can be enormous. It's becoming a societal issue, not just a business one." C h a p t e r 1 | T h e N e e d f o r S e c u r i t y a n d C o m p l i a n c e The consequences of a breach can range from operational disruptions to severe financial losses and reputational damage. The sheer number of devices involved in the edge ecosystem also amplifies security risks. Each device, no matter how apparently small or insignificant, represents a potential entry point for attackers. The lack of uniform security standards across manufacturers further complicates the situation. Some organizations may underestimate the importance of securing seemingly low-impact devices, such as sensors or cameras, but these smaller components can be used as stepping stones for more significant attacks. For instance, a vulnerability in an edge device controlling heating, ventilation, and air conditioning (HVAC) systems could lead to the compromise of a building's central control system, resulting in widespread operational failure. Governments and regulatory bodies are responding to these increasing risks by introducing stricter legislation to ensure that companies take security seriously. Denis Noël Director Strategy & Marketing, Secure Connected Edge, NXP Semiconductors 7 7 Experts Discuss Managing Security Risk and Regulatory Compliance at the Edge 7 Experts Discuss Managing Security Risk

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