IoT devices have revolutionized our daily communication; their video devices allow us to monitor homes, offices and public places with minimal effort. But this convenience comes at a price: more IoT devices emerge every year, creating novel cybersecurity challenges which necessitate taking measures to safeguard data confidentiality and guarantee privacy.
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Lack of Standardization
The lack of standardization remains one of the biggest cybersecurity challenges posed by the age of IoT video devices. This makes it difficult to deal with cybersecurity because the number of IoT devices is large, and they also have limited processing power. Some of the challenges include failure to standardize security protocols in IoT devices, hence leaving them susceptible to cyber-attacks. Significant IoT security issues include weak password protection, no regular patches and updates, insecure interfaces, poor data protection, and poor IoT device management.
IoT Skills Gap
The skill gap in IoT devices is another major challenge. Several firms delay coming up with an IoT cyber security strategy, and they only begin to comprehend IoT security issues when it has become a little too late. These threats have just been magnified by the COVID-19 pandemic. It is essential to develop a detailed comprehension of IoT cybersecurity problems and execute a measure to address the related risks so as to protect your company and generate trust with regard to the digitalization process.
Latest Cybersecurity Challenges in the Age of IoT Video Devices
Thales recently published a report detailing that the global IoT market will expand from $34.2 billion in 2022 to an anticipated value of $38.7 billion by 2023. The report also highlights six significant IoT security challenges that businesses need to address:
Weak Password Protection
One of the biggest IoT security challenges is weak password protection. Embedded credentials and hard-coding IT systems and IoT devices are a threat to security. Hackers can easily infiltrate and damage a device after they have come across guessable or hard-coded credentials. The attacker may just have got the password to the machine through default passwords! Such an attack can be illustrated by the Mirai malware, for example. The malware known as Mirai infected IoT (Internet of Things) devices such as routers, video cameras and video recorders after it succeeded in logging in with a table of 61 common hard-coded default usernames and passwords. Subsequently, the malware formed an enormous botnet. A chain of 400,000 connected devices was slaved. For example, in October 2016, some IoT devices were infected with Mirai worm (who became “zombies”), and they were used to launch the world’s first 1 Tbps DDoS attack against servers deep into the heart of the internet services
The weak update mechanism and infrequency of issuing patches
Other major IoT security challenges include poor patching procedures and weak update policies. Upgrading of IoT devices is not common, hence the threat of attacks. One of the major challenges is that standard security protocols are not in place for all devices, which can leave IoT platforms open to cyber-attacks.
Another big IoT security problem is insecure interfaces. Hackers are capable of exploiting unsecured interfaces to target IoT devices. For example, the interface may be used by attackers to infiltrate the device and steal confidential data.
Insufficient Data Protection
Poor data protection is also a notable IoT security challenge. Hackers can intercept this data from the various IoT devices that store sensitive information like video footage. As a result, one needs to confirm that IoT gadgets are well-equipped with relevant data security measures.
Poor IoT Device Management
Other major IoT security challenge is poor management of IoT devices. However, many companies do not rush to adopt an IoT cybersecurity strategy until they actually experience such risks. It is necessary to understand the issues of IoT cybersecurity and implement a strategy aimed at reducing the associated risks in order to ensure that your business is secure and build confidence in digital transformation processes.
Consequences of a Cyber Attack
Cyber attacks against IoT video devices could be even more dangerous than just invading people’s privacy. Besides such possibility of unauthorized access to sensitive video information, the hacker can alter or contaminate the data to produce deceptive scenarios which will lead to legal and reputational consequences. The emotional and psychological impacts of privacy violations are significant, especially when people use IoT devices in homes and workplaces. Similarly, the lack of integrity to video data creates significant threats in situations where such information could be used for legal and regulatory purposes.
A cyber attack on IoT video devices is not the concern of a single entity or an organization alone but affects societal entities in general. These devices, when compromised, can form part of botnets that are used to launch DDOS attacks, thereby disrupting online services and creating financial loss. Also, in politicized situations, state-sponsored actors could use IoT devices for surveillance that may bring about breaches of national security and cause diplomatic tensions. Attacks like these can have serious financial implications, and reputational damage, as well as pose safety risks. Here is guide on Trendzguruji.me Cyber.
Data analytics could be an effective means of protecting IoT devices that rely on video data, as patterns or unusual behaviours in data could indicate security breaches. Another approach could involve developing cutting-edge security technologies capable of detecting and mitigating cyber-attacks on these IoT devices.
One can employ various strategies to increase the security of IoT video devices. These could include creating strong passwords and regularly upgrading software as well as encryption technology on these devices. It is necessary that IoT devices do not connect directly with public networks so as not to communicate with devices on that network.