The 2016 Black Hat cybersecurity talks took place in Las Vegas. This year, they displayed a padlock at the Alert Logic booth. The Internet of Things hopes to connect more devices each day. By the year 2020, it wants to meet its 24 billion IoT devices goal.
Its new developments will cause a lot of benefits. People’s lives will become easier. Connected vehicles will hook up with smart city infrastructure, changing the driver’s networks. Connected medical devices will assist people to discover their health status.
There will be a significant risk, though. All connected gadgets will become susceptible to hackers and internet criminals. In Western Ukraine, last year, a bunch of hackers interrupted a power grid.
They wanted to cause a blackout after a cyber attack. Such criminal activities are likely to continue. The ordinary customer’s privacy is at risk too, if all aspects of their life will be in the network. Here are IoT security issues to be aware of.
If researchers could hack most devices on the market, hackers could do worse. They could duplicate and complicate things. Microsoft and the University of Michigan confirmed this. They recently discovered some loopholes in the security offered by the SmartThings (from SumSang).
As well as making IoT devices more secure, companies should develop secure software. They also need to secure the networks that link to the Internet of Things devices. These were the views of Jason Porter, the vice president of security solutions at AT&T.
A report from AT&T Cybersecurity Insights reveals an interesting finding. A certain survey entailed over five thousand businesses. It found that eighty-five percent of participants were ready to install IoT devices. But, only 10 percent were sure they could protect their gadgets from hackers.
There was also the Incontrol State of the Smart Home survey, 2015. It revealed that 44 percent of citizens were afraid of hackers. Twenty-seven percent were mildly worried. Hence, consumers would avoid buying connected gadgets.
About privacy, IoT must put more effort. It has to protect large amounts of data that their devices generate. Otherwise, hackers will have plenty of sensitive data, without working hard. What’s more, there is a risk that hackers could attack a user’s home if they have a connected IoT device.
If the consumer confidence level decreases, a few people will want to buy a connected device. This will stop the Internet of Things from achieving its goals.