Internet of Things (IoT) devices are everywhere. From your smartwatch to the coffee machine in your kitchen, IoT devices are becoming increasingly common in our lives. The problem is that these devices were not designed with security in mind.
IoT devices are often low-cost, mass-produced products that don’t have the resources to implement strong security features. This has resulted in a large number of IoT devices being vulnerable to cyber attacks.
The Internet of Things (IoT)
The Internet of Things (IoT) is the network of physical devices, vehicles, home appliances, and other items embedded with electronics, software, sensors, actuators, and connectivity which enable these objects to connect and exchange data. Each thing is uniquely identifiable through its embedded computing system but is able to interoperate within the existing Internet infrastructure.
What are examples of IoT devices?
There are many different types of devices that fall under the umbrella of IoT. Some examples include:
- Car audio system
- E-book readers
- Printers/scanners/fax machines/copiers/etc.
- Digital thermostats
- Cameras (security cameras)
Why are IoT devices vulnerable to cyber attacks?
The main reason for this vulnerability is that all IoT devices are designed for specific purposes and not for security. Many of them don’t even have any option for updating their software or firmware when it becomes vulnerable to a new threat. This makes them prone to attacks.
Another reason is that many IoT devices do not come with any type of authentication mechanism or encryption facility which makes it easy for hackers to access them remotely via the internet.
More than ever, we are relying on IoT devices to track, connect and monitor the important activities of our daily lives. We are connecting our homes to these devices, allowing them to talk to each other through networks that we hardly understand. This can be a great thing, but it also leaves us vulnerable to attacks by cyber criminals who know how to use this technology against us.
Looking for more information?
A cyber liability policy can help cover your business and keep you updated with industry tips like this one. Get in touch with us today to learn more about cyber liability insurance coverage, or set up a no-obligation consultation with a commercial lines expert through TelaClient.com.