Top 10 IoT Security Threats

Posted January 30, 2018 By  Cynthia Harvey

The Internet of Things (IoT) may be introducing a lot of benefits to modern life, but it also has one huge drawback: security threats.

In its 2018 IoT Predictions, Forrester Research noted, "Security vulnerabilities are a significant worry for firms deploying IoT solutions – in fact, it’s the top concern of organizations looking at deploying IoT solutions. However, most firms don’t consistently mitigate IoT-specific security threats and business pressures overwhelm technology security concerns."

The IoT security risks could be even more significant on the consumer side, where individuals are often unaware of the potential threats and what they should be doing to mitigate them. A 2017 survey on The State of IoT Security sponsored by security vendor Gemalto found that only 14 percent of the consumers surveyed considered themselves knowledgeable about IoT security. That number is especially concerning given that 54 percent of respondents owned an average of four IoT devices.

And those IoT security threats aren't merely theoretical. Hackers and cybercriminals have already found ways to compromise many IoT devices and networks, and experts say successful attacks are likely to increase. Forrester has predicted, "In 2018, we’ll see more IoT-related attacks . . . except they’ll grow bigger in scale and impact."

What type of IoT security threats will enterprises and consumers face in 2018? Based on historical precedent, here are ten of the most likely types of attacks.

Images from Pixabay

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