Blog

The Dark Side of IoT: Hackers Next Big Prize

The Dark Side of IoT: Hackers Next Big Prize

December 17, 20243 min read

The Internet of Things (IoT) has revolutionized how we interact with the world around us. This vast network of connected devices—from vehicles and buildings to appliances and wearables—collects and exchanges data, making our lives more convenient and efficient. With Statista estimating 75 billion IoT devices by 2025, the opportunities seem endless. But so do the risks.

As IoT adoption grows, so does its appeal to hackers. Cybersecurity is no longer just about safeguarding computers and smartphones. Any device connected to your network can be a potential vulnerability. For example, sensitive images captured by robotic vacuum cleaners’ cameras have recently been leaked online—a sobering reminder of the security gaps in everyday technology.

The Expanding IoT Ecosystem

IoT devices span a wide range of categories, including:

  • Personal Tracking Devices: Apple AirTag, Samsung Galaxy SmartTag, Tile

  • Medical Devices: Blood pressure monitors, medication dispensers, blood glucose monitors

  • Smart Locks: Garage door openers, deadbolts

  • Smart Appliances: Ovens, coffee makers, refrigerators

  • Smart Thermostats: Wyze, Ecobee, Nest

  • Connected Cars: Sensors, cameras, remote vehicle monitoring, and control

  • Wearables and Fitness Trackers: Apple Watch, Fitbit, Android devices

  • Smart Security Systems: Ring, SimpliSafe, Wyze

  • Utility Meters: Electric, gas, water

  • Smart Utilities: Streetlights, drainage systems, sprinklers

  • Industrial IoT: Predictive maintenance sensors, temperature monitors, location trackers

These devices are becoming increasingly ingrained in our daily lives. As technology advances, the list will continue to grow, further blurring the line between convenience and risk.

Shifting Threats in IoT Security

Some security experts warn of a pivotal shift as hackers move beyond data theft to disrupting daily life. Microsoft’s Digital Defense Report highlights that while IT security has improved, IoT security lags behind. This disparity makes IoT an attractive target for cybercriminals.

Attacks on IoT devices have the potential to escalate from personal inconveniences to threats against critical infrastructure, such as power grids or water supplies. According to CNBC, the dark web’s criminal minds are eyeing IoT as their next big prize, with large-scale attacks exploiting IoT vulnerabilities becoming more feasible.

Addressing IoT Security Challenges

Efforts to enhance IoT security are underway. For instance, after reports of Apple AirTags being used for stalking, Apple introduced software updates to alert users when an unknown AirTag is tracking them. However, the fragmented state of IoT regulations and the challenge of addressing vulnerabilities post-deployment remain significant hurdles.

Who takes responsibility for updating a smart lock on your front door or a connected thermostat? Security during the design phase of product development is essential, yet often overlooked. Proactive measures, rather than reactive fixes, are critical to improving IoT security.

Key Takeaways and Next Steps

  1. Network Segmentation
    Isolate IoT devices on a separate network from sensitive data and critical computer systems.

  2. The Tyranny of the Default
    Always change default passwords and review default settings. Leaving these unchanged is like leaving your front door unlocked.

  3. Update Firmware Regularly
    Maintain an inventory of all smart devices on your network and check periodically for firmware updates.

Conclusion

IoT has undoubtedly transformed our lives for the better, but it’s crucial to remain aware of the dark side. As the number of connected devices grows, so does the attack surface for hackers. By taking proactive measures, such as segmenting networks, updating firmware, and avoiding default settings, you can reduce the risks.

The future of IoT is bright, but its security challenges require attention now. By prioritizing security at every stage—from design to deployment—and fostering a culture of cybersecurity awareness, businesses and individuals can harness the full potential of IoT while staying protected from its vulnerabilities.

Back to Blog

Ready For A No-Nonsense Approach To IT?

  1. Hire us to set your IT strategy up for sustainable success.

  2. Learn about our proven No-Nonsense approach.

  3. Get an IT roadmap designed specifically for you.

  4. Fearlessly grow your business.

Schedule an Appointment Today

It’s our job to help your business save money, work faster and focus on what is most important. Schedule a 30-minute call to see if we are a good fit to help your organization.

Enter your name and email to get started today.

Featured Posts

The Dark Side of IoT: Hackers Next Big Prize

The Dark Side of IoT: Hackers Next Big Prize

December 17, 20243 min read

The Internet of Things (IoT) has revolutionized how we interact with the world around us. This vast network of connected devices—from vehicles and buildings to appliances and wearables—collects and exchanges data, making our lives more convenient and efficient. With Statista estimating 75 billion IoT devices by 2025, the opportunities seem endless. But so do the risks.

As IoT adoption grows, so does its appeal to hackers. Cybersecurity is no longer just about safeguarding computers and smartphones. Any device connected to your network can be a potential vulnerability. For example, sensitive images captured by robotic vacuum cleaners’ cameras have recently been leaked online—a sobering reminder of the security gaps in everyday technology.

The Expanding IoT Ecosystem

IoT devices span a wide range of categories, including:

  • Personal Tracking Devices: Apple AirTag, Samsung Galaxy SmartTag, Tile

  • Medical Devices: Blood pressure monitors, medication dispensers, blood glucose monitors

  • Smart Locks: Garage door openers, deadbolts

  • Smart Appliances: Ovens, coffee makers, refrigerators

  • Smart Thermostats: Wyze, Ecobee, Nest

  • Connected Cars: Sensors, cameras, remote vehicle monitoring, and control

  • Wearables and Fitness Trackers: Apple Watch, Fitbit, Android devices

  • Smart Security Systems: Ring, SimpliSafe, Wyze

  • Utility Meters: Electric, gas, water

  • Smart Utilities: Streetlights, drainage systems, sprinklers

  • Industrial IoT: Predictive maintenance sensors, temperature monitors, location trackers

These devices are becoming increasingly ingrained in our daily lives. As technology advances, the list will continue to grow, further blurring the line between convenience and risk.

Shifting Threats in IoT Security

Some security experts warn of a pivotal shift as hackers move beyond data theft to disrupting daily life. Microsoft’s Digital Defense Report highlights that while IT security has improved, IoT security lags behind. This disparity makes IoT an attractive target for cybercriminals.

Attacks on IoT devices have the potential to escalate from personal inconveniences to threats against critical infrastructure, such as power grids or water supplies. According to CNBC, the dark web’s criminal minds are eyeing IoT as their next big prize, with large-scale attacks exploiting IoT vulnerabilities becoming more feasible.

Addressing IoT Security Challenges

Efforts to enhance IoT security are underway. For instance, after reports of Apple AirTags being used for stalking, Apple introduced software updates to alert users when an unknown AirTag is tracking them. However, the fragmented state of IoT regulations and the challenge of addressing vulnerabilities post-deployment remain significant hurdles.

Who takes responsibility for updating a smart lock on your front door or a connected thermostat? Security during the design phase of product development is essential, yet often overlooked. Proactive measures, rather than reactive fixes, are critical to improving IoT security.

Key Takeaways and Next Steps

  1. Network Segmentation
    Isolate IoT devices on a separate network from sensitive data and critical computer systems.

  2. The Tyranny of the Default
    Always change default passwords and review default settings. Leaving these unchanged is like leaving your front door unlocked.

  3. Update Firmware Regularly
    Maintain an inventory of all smart devices on your network and check periodically for firmware updates.

Conclusion

IoT has undoubtedly transformed our lives for the better, but it’s crucial to remain aware of the dark side. As the number of connected devices grows, so does the attack surface for hackers. By taking proactive measures, such as segmenting networks, updating firmware, and avoiding default settings, you can reduce the risks.

The future of IoT is bright, but its security challenges require attention now. By prioritizing security at every stage—from design to deployment—and fostering a culture of cybersecurity awareness, businesses and individuals can harness the full potential of IoT while staying protected from its vulnerabilities.

Back to Blog

Enroll in Our Email Course

Learn How a No-Nonsense IT Strategy Benefits Your ComBullet listpany:
  • Strategies to allocate your IT budget efficiently

  • Enhance cybersecurity defenses on a bButtonudget

  • Ensure your technology investments continue to serve your business as it grows