There are reports of a security flaw that made 175,000 IoT cameras vulnerable to becoming spy cams for hackers and could allow malicious activity. Ryan Lester, Director of IoT Strategy at Xively by LogMeIn commented below.
Ryan Lester, Director of IoT Strategy at Xively by LogMeIn:
“The importance of rigorous security assessment at the outset of any Internet of Things project cannot be overstated. Cutting corners and using security shortcuts, such as generic authentication, might speed up the development phase but can be quite risky and negatively affect consumer confidence in the long term.
The Internet of Things comes with a whole new set of security challenges and product companies must ensure that security is purpose-built for the IoT and that it is entrenched in every aspect – infrastructure, apps, connections, etc. A thorough evaluation of the security implications will ultimately save time and cost of flaws discovered down the road. The consequences of which can be financially debilitating and long-lasting.”