5G technology plus 74 billion IoT devices estimated by 2025, it’s no surprise that IoT security is one of the top concerns keeping many executives up at night.
Internet of Things
Report from the Internet Society, in partnership with Consumers International, shows continuing concerns with IoT security and privacy, where 53% of consumers distrust connected devices to protect their privacy and handle information in a responsible manner.
Connected devices will soon be subject to new IoT security laws, with California taking the lead and requiring devices to have “reasonable security features” and U.K. draft law requires devices to have cyber security features labeled on package.
Honeypots set up by Sophos logged a staggering amount of scripted attacks attempting to pass default credentials. What’s more alarming is the aggressive speed and scale of these attempts with the first attack in less than 60 seconds.
The 2019 Information Security Forum (ISF) Threat Horizon report contains information security risks that illustrate the importance, if not urgency, of updating cybersecurity measures fit for Fourth Industrial Revolution technologies.
New report detailed a wide variety of IoT security and privacy flaws in common smart devices bought off-the-shelf from major retailers. Some of which are sending personal information to third party companies in China.
New York City, Amsterdam and Barcelona – recently launched a new initiative known as Cities Coalition for Digital Rights that is specifically designed to protect the personal privacy and individual digital rights of their citizens.