Security News

The vast number of Internet-of-Things devices are proving to be lucrative for botnet operators to carry out various attacks - from sending spam to launching harmful distributed denial-of-service attacks, according to Derek Manky, Chief of Security Insights & Global Threat Alliances at Fortinet's FortiGuard Labs. Manky said he's seen an increase in a number of botnets made up of compromised IoT devices, which can be attributed to various factors.

Chen Ku-Chieh, an IoT cyber security analyst with the Panasonic Cyber Security Lab, is set to talk about the company's physical honeypot and about the types of malware they managed to discover through it at HITB CyberWeek on Wednesday. The use of IoT is increasingly widespread, from home IoT, office IoT to factory IoT, and the use of automation equipment is increasing.

As organisations cannot always control the security measures of their supply chain partners, IoT supply chains have become a weak link for cybersecurity. "Securing the supply chain of ICT products and services should be a prerequisite for their further adoption particularly for critical infrastructure and services. Only then can we reap the benefits associated with their widespread deployment, as it happens with IoT," said Juhan Lepassaar, Executive Director, ENISA. In the context of the development of the guidelines, ENISA has conducted a survey that identifies the existence of untrusted third-party components and vendors, and the vulnerability management of third-party components as the two main threats to the IoT supply chain.

Researchers have uncovered a new worm targeting Linux based x86 servers, as well as Linux internet of things devices. Of note, the malware utilizes GitHub and Pastebin for housing malicious component code, and has at least 12 different attack modules available - leading researchers to call it "Gitpaste-12." It was first detected by Juniper Threat Labs in attacks on Oct. 15, 2020.

The global number of industrial IoT connections will increase from 17.7 billion in 2020 to 36.8 billion in 2025, representing an overall growth rate of 107%, Juniper Research found. The research identified smart manufacturing as a key growth sector of the industrial IoT market over the next five years, accounting for 22 billion connections by 2025.

Smartphones and the rise of IoT. Relying on the ubiquity of smartphones and the rise of remote controls, users and vendors alike have embraced the move away from physical device interfaces. The communication between an IoT device and its app is often not properly encrypted nor authenticated - and these issues enable the construction of exploits to achieve remote control of victim's devices.

The integration provides customers with complete visibility into all devices connected to enterprise networks - managed, unmanaged, IoT - allowing security operations teams to monitor their behavior and respond to malicious activity more efficiently. An estimated 41.6 billion IoT devices will be connected to businesses within the next five years, and attackers are increasingly targeting them to penetrate networks.

Connected devices are becoming more ingrained in our daily lives and the burgeoning IoT market is expected to grow to 41.6 billion devices by 2025. The bill focuses on increasing the security of federal devices with standards provided by the National Institute of Standards and Technology, which will cover devices from development to the final product.

Both models enable product security definition collaboration between OEM, silicon vendors and programming partners to easily define, provision and deploy robust IoT device security using Data I/O's SentriX security deployment platform. "OEMs of all sizes need a simple, cost-effective and integrated method to deploy IoT security," said Michael Tidwell, vice president of marketing and business development of Data I/O Corporation.

Attacks on IoT devices continue to rise at an alarming rate due to poor security protections and cybercriminals use of automated tools to exploit these vulnerabilities, according to Nokia. The report found that internet-connected, or IoT, devices now make up roughly 33% of infected devices, up from about 16% in 2019.