Users and companies quickly adopted IoT devices to improve process control and increase productivity as a result of the explosion of IoT technologies. The proliferation of linked devices has changed how user data is handled and kept in storage. IoT devices are smart and frequently communicate with other devices online, which exposes them to different security threats due to the personal data they gather.
The opposing viewpoint
Along with the convenience of advancing technology, the development of linked IoT devices also brought about new types of remote attacks that seriously damaged vital digital infrastructure. By taking advantage of unpatched vulnerabilities in the connected systems, a remote hacker can keep tabs on a smart home or access the network of a company.
A survey found that more than 50% of companies that have installed IoT devices on their corporate networks do not maintain the appropriate security procedures outside of default passwords. IoT connections are frequently used by cyber criminals to breach network security and steal user data. Threat actors can enter corporate networks using linked devices’ unpatched vulnerabilities and manufacturing flaws.
Common IoT Attacks
Although there have been a number of security problems on IoT networks, the following are the most typical IoT attacks:
1. Eavesdropping
By taking advantage of security flaws and shoddy connections between Internet of Things devices and the server, an attacker might monitor targeted networks and steal personal data. Over 83 million Internet of Things (IoT) devices have a vulnerability that security researchers have discovered. This weakness might allow attackers to spy on live video and audio broadcasts and take control of the susceptible devices. Researchers have previously discovered a novel side-channel attack method that enables observers to listen in on discussions taking place in a room from a distance by observing a light bulb hanging in that room.
2.Privilege Escalation Attack
A privilege escalation assault entails an outside attacker or a malevolent insider getting increased rights or privileges without authorization. Threat actors use privilege escalation vulnerabilities, such as unpatched system faults, incorrect configuration, or insufficient access controls, in their attacks.
3. Brute-Force Attack
The majority of IoT device owners use default or simple-to-remember passwords, making it simple for attackers using brute force to get access to the targeted IoT connections. In brute-force attacks, threat actors break into IoT networks by trying to guess passwords using dictionaries or frequent word combinations. Brute-force attacks can be reduced by enabling reliable authentication processes like two-factor authentication (2FA), multi-factor authentication (MFA), and zero-trust models.
To conclude with ,Although IoT technology’s capabilities are constantly developing, IoT devices cannot be entirely secure. IoT devices can be a severe risk to enterprises if they aren’t properly secured because they aren’t designed to identify and mitigate possible cyber threats.