Wi-fi Enabled Devices (Iot), including Routers, are Vulnerable, Used for Internet Attacks Against Businesses

December 11th, 2016   •   Comments Off on Wi-fi Enabled Devices (Iot), including Routers, are Vulnerable, Used for Internet Attacks Against Businesses   

Millions of networked, IoT (Internet of Things) devices – webcams, digital video recorders, CCTV cameras and routers – have been used to launch unpredecented attacks on businesses, and business websites in recent weeks.

“Never before in human history have so many people across the world been utterly dependent upon such a fragile, brittle technology as the Internet,” says Roland Dobbins, a principal engineer at Arbor Networks in Singapore.

Gartner consulting predicts that 6.4 billion internet-connected devices will be online this year. By 2020, 25 percent of cyberattacks within businesses will involve IoT devices, but just 10 percent of IT security budgets will be dedicated to safeguarding them, Gartner forecasts.

One of the most intense attacks recently was directed against the website of cybersecurity journalist Brian Krebs. His site was hit Sept. 20 with 620 gigabits per second of traffic, in one of the largest-ever DDoS (distributed denial of service) attacks ever seen.

The IoT devices used to launch the attack against Krebs and other sites recently, are easy to hijack, because they have very little security, and are rarely monitored by users. Many even have known vulnerabilities that never get patched=, or for which no patches are available.

Contact the Chatham Group for a complete analysis of your data security now.