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May 27, 2015

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Growing devices spur hacking opportunities

MORE security risks are set to emerge as the Internet of Things fuels the growth in number of devices, offering hackers opportunities, an Internet security firm claims.

The proliferation of huge numbers of connected devices means that hackers have more access points to hack into your life, and many of those devices are built by startups who have no knowledge of security and privacy technologies, said Michael Dahl, general manager of F-Secure Software China.

Finnish computer security firm F-Secure said examples of hacking involving IOT include hacking smart electricity meters to gain access to billing information and hacking of cash registers to steal credit card data.

Information technology research firm Gartner estimates there will be 50 billion connected smart devices by 2022, more than double that of smartphones.

Social networking platforms also give malware and online scams a new channel to spread, he noted.




 

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