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August 28, 2018
Dyn, the sites' common DNS provider, said its investigation showed that many of the compromised smart devices had been infected with a malware because of inadequate security protections. Since then, manufacturers have been under increased pressure to regularly update firmware on smart devices.
A 2017 report by Parks Associates showed 41 percent of U.S. homes with wifi planned to purchase a smart appliance or other wifi-connected household device in the next 12 months, meaning there are now probably millions more IoT devices than there were at the time of the 2016 attack.
From the article "Poll shows consumers not sure what 'Internet of Things' means" by Mark Huffman.
Even though major commercial security companies like ADT are still leading the home security market, low-cost solutions are on the rise and retailers play a major role in their adoption. According to...
Security breaches cost a lot of money. In the U.S., the average data breach costs $5.4 million. The average cost, globally, of a compromised record rose 9 percent in 2014 to $145; costs in the U.S. ro...
Finally, another contributing factor to the in-home renaissance is the growth of smart-home adoption. According to Parks Associates, 19 percent of U.S. broadband households plan to buy a smart major a...
“Consumer concerns about data privacy and security, including both the unauthorized hacking of devices and theft of device data, consistently rank as one of the leading concerns about connecting devic...
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