Things have changed rapidly since the dawn of the digital era. Nevertheless, while technological advancements have transformed the world around us in several ways, the flip side of the coin is turning uglier by the day.
Fremont, CA: While the IoT infrastructure gives numerous benefits in terms of convenience, collaboration, and productivity, it poses serious security risks, comprising direct attacks on IoT devices and device-generated data privacy problems.
Malicious activity can permeate even the most secure IoT devices, networks, and systems. Here are a few instances of impending cyber threats.
Distributed Denial-of-service Attacks
A DDoS attack includes:
• Flooding a server with unnecessary requests.
• Overloading it.
• Forcing it offline because of its inability to accommodate these requests.
Data Breaches Caused by IoT Devices
Sensitive information regarding the company or its employees could be smoothly leaked. Still, gaining access to a publicly accessible device and breaching these IoT devices is not hard for hackers.
Inadequate Encryption
Perhaps the most helpless to cyberattacks are communication channels. Data that is not properly encrypted and is shared over private or public networks can be stolen or tampered with. This spells disaster for IoT networks since it allows hackers to approach company systems and networks.
Other important challenges in this area involve:
• DNS poisoning.
• Amusing and re-routing communication away from a legitimate application server.
• Outflow of sensitive data without the data owner's awareness or permission.
Improving the IoT Environment
As companies remain investing in fortifying the IoT environment, it is natural that technologies like AI & ML will be utilized to protect data and devices to prevent attacks.
Through constant monitoring and analytics, AI-allowed solutions can defend your valuable assets and decrease the risk of fraud.
Businesses will aspire to learn from their mistakes in the past. Enterprises that want to enhance their IoT ecosystem and discover fraud early must learn from the mistakes or failures of others. Moreover, you must know why your apps, devices, or IoT networks are exposed to fraud.
Identifying these flaws and directing regular IoT security audits are crucial to ensuring that your IoT traffic does not fall victim to malevolent actors.
