The rise of Internet of Things (IoT) devices has brought incredible convenience to our daily lives. However, it is also equipped with some new risks. IoT cameras and routers have become easy targets for cyberattacks. It is a growing threat. Concerns about security of the devices are high.
IoT devices are everywhere today. It is housed in smart cameras, in our homes, in routers that connect all our gadgets and more. The devices make life convenient. But they also come with vulnerabilities. Hackers can easily exploit the devices.
The bigger problem is that even IoT devices from reputable companies often lack required security measures. One key issue is that many IoT devices are designed with convenience in mind and not abiding to the security. Manufacturers are often focused on getting products to market quickly and this sometimes leads to shortcuts in security features. Some devices might come with weak default passwords. Some might also not receive regular software updates to fix security flaws. This is the reason even a trusted brand like Ubiquiti is finding its products vulnerable to attacks.
Consequences can turn up severe. A hacked camera or a hacked router may lead to a breach of privacy or identity theft. A compromised device usually provides hackers a backdoor into the entire network of a company. This leads to data breaches, financial losses and damage to reputation.
What can be done? How to address the growing problem? Manufacturers should prioritize security in their product designs. They should abide to stronger encryption, better password protection and regular updates to patch vulnerabilities. Consumers simultaneously need to have a role to play. They should be more vigilant about the devices they buy for their homes or workplaces. Changing default passwords is important. Software should be regularly updated.