The dangers of an exposed network is an understatement that cannot be overlooked, where digitally connected devices are encroaching on every aspect of our lives, including our homes, offices, and even cars. With the advent of the Internet-of-Things and the wide deployment of Wi-Fi networks, the IoT is growing at a dangerously fast pace, and researchers estimate that by 2020, the number of wireless connected devices will exceed 40 billion, according to Peter Yang, senior product manager of Trend Micro.
“Network security is becoming increasingly threatened with the rise of M2M devices,” Yang said in his opening speech on Day 1 of the SMAhome forums titled “IoT Security Risk and Preparations.”
Yang presented a vivid picture of how connected devices can be exposed to imminent attacks by hackers, where he provided a number of similar cases that have occurred in the past, including a wireless soymilk machine in China, a Bluetooth-operated toilet in Japan, and among others.
Those instances have all incurred massive financial losses for the operator, let alone the frustrations, he explained.
“Hackers typically hack the router, through the backdoor,” Yang said, adding that the backdoor allows cybercriminals the possibility to bypass device security and to easily run malicious code on routers and change settings.
The four main causes of damage, the senior product manager said, often include disablement, disruption, intrusion, and data breach.
In his speech, Yang presented Trend Micro's viable solution, which include the implementation of a secure endpoint SDK (Web app), and secure endpoint SDK fT.or the IoT.
“Our solution is to create a 3-layer full range protection for the cloud, gateway/router, and IoT devices, including apps and web portals,” he exclaimed, wrapping up his presentation describing Trend Micro's focus on reducing online surface attacks, creating health/risk checks, and blocking attack attempts by hackers.