The Internet of Things and its role in cyberattacks

The World Economic Forum report has again listed cyberattacks in the top ten list of threats facing the world in 2020. Newer technologies such as the Internet of Things, come with the risk of security flaws that could increase the likelihood of cyberattacks. Ranked 8 on the list of potential threats, cyberattacks are a major concern, with the risk of sensitive information being released, putting individuals, and ententies at risk.

According to the article by ZDnet, “Large numbers of Internet of Things product manufacturers have long had a reputation of putting selling the products ahead of ensuring they’re secure.” The WEF warns that the rise in IoT based attacks hints at the likelihood of a potential cyber attack.

Despite these concerns, the WEF stated that efforts to address security challenges posed by the IoT and other newer technologies is “maturing”. Over time, hopefully the security behind these devices will improve, minimizing the risk of devastating attacks that target sensitive information and put privacy at risk.

https://www.zdnet.com/article/the-dark-side-of-iot-ai-and-quantum-computing-hacking-data-breaches-and-existential-threat/