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The Internet of Things represents a dramatic change in life as we know it. As everything around us is brought “online” through the inclusion of sensors, computing power and network connectivity, we will be provided with a much different life experience from what we have today. But if you think today’s cyber attacks on corporate networks are a cause for concern, think of a world where everything around you – on a national, city, street, home and office, or personal level – senses its environment and interacts with other things. Can this magical world be protected from cybercrime – or is it already too late?
Gizmos and Gremlins
Security researchers already point to an alarmingly high number of vulnerabilities in Internet of Things appliances – everything from smart homes to cars to wearables have been hacked by white hatters, and some devices – such as smart refrigerators – have actually been, compromised and used to spread spam, very much like a home computer.
Experts have already prescribed several basic remedies that, if applied today, can save us a great deal of trouble when the IoT era fully sets in upon us:
These three simple, well-defined rules make a lot of sense, and if we just follow them, we’ll be safe and sound. But those of you with a nagging feeling that you’ve seen similar rules before are absolutely right. Here, let me refresh your memory….
Yep. These were the rules that the owner of Gizmo, a cute, furry, fuzzy creature was given in the 1984 cult classic movie Gremlins. And even if you haven’t seen the film, it’s not too difficult to guess what happened. Clearly the rules were somehow broken – and the adorable Gizmo – spoiler alert in case you haven’t seen the movie – turned into a hoard of vicious monsters, setting off a chain reaction of chaos and destruction across the entire hometown.
Just like in Gremlins, IoT appliances should follow three basic rules. And just as in Gremlins, we know that there is no real chance that they will be followed.
Rules Made to be Broken
Let’s take a closer look at each one of the security pillars need for a safe future, to better understand why they are so devilish to follow.
The Fallout
All of this means that we’re probably heading into a Swiss-Cheese-like IoT wave with easy-to-exploit security holes. And so, sooner or late, the attacks on IoT infrastructure are bound to come, and will be harsh when they do. Cars are already hackable – but think of autonomous transportation networks. National grids. Regional utilities. Offices. Homes. Personal wearables remotely controlled en-masse by evildoers.
What can be done to get ready? For individuals at home and at work, you will be able to set up a “cyber-security camera” for your smart home or office. Knowledge is power and if you understand what is under your control, and what symptoms might signal an attack is about to take place, you will put yourself in a position of strength to properly prepare and fend off attacks.
Then there’s a general guideline: trust no one. If you’re a corporation, a utility or just someone who works with suppliers, don’t make any assumptions about IoT vendors and make yourself knowledgeable about security updates and what it takes to remain “sustainable” in the face of threats.
Finally, take a deep, clear look at your personal risk and threat assessments. Does your insurance cover home-based smart networks that are compromised? What risks are you opening yourself up to when installing a smart fire detector or thermostat? Make sure you can confidently answer these questions, and if you are not satisfied with the answers, don’t be afraid to reconsider.
The Takeaway
The IoT reality, like many other technological revolutions, will change our lives. Just check out this video. Let’s just do our best to make sure it’s safe as well.
(Note: this is an article I wrote for Geektime.com)
This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author.
Alex Kreger Founder & CEO at UXDA
27 November
Kyrylo Reitor Chief Marketing Officer at International Fintech Business
Amr Adawi Co-Founder and Co-CEO at MetaWealth
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Kathiravan Rajendran Associate Director of Marketing Operations at Macro Global
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