A Review of IoT Security Risk Management for The Transportation Industry

Abstract

Adapting a new technology such as the Internet of Things (IoT) has played a crucial role in managing facilities and transportation to improve the business process with a highly efficient system. The IoT is a commonly implemented ecosystem that interconnects numerous computing devices with an unprecedented identifier and the capability to systematically transfer data over the network without human intervention. However, IoT devices are vulnerable to security breaches alongside rapid development. In addition, the business is prone to becoming a cybercrime target without appropriate security practices. This paper aims to review IoT security risks, discloses gaps in security risk management, and present NIST Special Publication (S.P.) 800 as the proposed framework for security risk management in the transportation industry. The framework yields a systematic methodology for managing cybersecurity risk within the industry; therefore, it mitigates IoT security risk in the industry.