RSI Security

How to Guard Against IoT Cyber-Attacks

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Internet of Things (IoT) technologies have significantly impacted the business world, transforming how people work and interact. But these devices have become a mounting problem for organizations as cyber-criminals increasingly seek to exploit security vulnerabilities.  Cyber-criminals can install malware or penetrate a company’s cyber defenses using internet of things attacks.

Knowing this, how can you protect your company against cyber-attacks on IoT devices? Let’s discuss.

 

What Are IoT Devices? 

The Internet of Things refers to the physical devices connected to the internet, collecting and sharing data. Often dubbed “smart devices,” these represent a constellation of internet-connected tools and gadgets meant to collect, exchange, and process data, providing users with convenient access to needed information and helpful services. An IoT device could be anything from an Apple Watch to a Hue Lightbulb to a Bluetooth-enabled printer.

While these can create conveniences and optimize workflows, they also expose an organization to new lines of attack. As the United States Department of Justice (DOJ) notes:

“Unfortunately, IoT devices have also become an increasingly attractive target for criminals. To attack IoT devices, cybercriminals often probe the devices for security vulnerabilities and then install malicious software (“malware”) to surreptitiously control the device, damage the device, gain unauthorized access to the data on the device, and otherwise affect the device’s operation without permission. Installed malware may not only compromise the operation and information security of the infected IoT device. Still, it can also provide hackers a conduit for penetrating other electronic devices on the same network.”

And these threats are only increasing as IoT technology becomes more pervasive throughout businesses. A SonicWall study recorded 32.7 million IoT attacks in 2018, a 215.7 percent year-over-year increase. Halfway through 2019, that number had increased by another 55 percent, with no slowdown in sight.

 

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What Are Common Internet of Things Cyber-Attacks

To guard against IoT cyber-attacks, you must first understand the threat landscape and identify the most urgent sources of concern. Currently, there are ten significant threats you need to prepare for:

  1. Physical attacks – occur when IoT devices are accessed by someone other than the owner, often due to loss, theft, or lax protection.
  2. Denial of Service (DoS) – occurs when DoS when an outside threat forces a service like a website to become unavailable.
  3. Encryption attacks – occur when hackers find an unencrypted device, penetrate its perimeter, then capture its data while installing their own programs to control the system.
  4. Man-in-the-middle – occurs when hackers intercept communications between two separate IoT devices and then trick the recipient into believing they are receiving a legitimate message.
  5. Firmware hacking – occurs when IoT firmware is out of date, which allows hackers to exploit vulnerabilities, penetrate the device, and then download malware.
  6. Botnets – occur when IoT devices are commandeered by botnets to transfer private and sensitive corporate data. Mirai IoT botnet took down large sections of the internet in 2016 and remains active, targeting devices with hardcoded credentials.
  7. Privilege escalation – occurs when hackers find IoT bugs and weaknesses to access the resources protected by the application or profile. Using these new security privileges, a hacker can then install malware or steal private data.
  8. Ransomware – occurs when hackers install malware which encrypts and locks down access to critical files. Attackers then threaten to delete or sell the data unless the original owner pays a hefty ransom.
  9. Eavesdropping – occurs when hackers intercept network traffic and weaken the connection between the device and the server, allowing them to steal sensitive data.
  10. Brute force password attack – occurs when hackers use algorithms to submit a series of passwords or phrases in order to gain access to a device. Once achieved, they can then install malware or steal data.

How To Prevent Cyber-Attacks on IoT Devices 

With IoT cyber-threats constantly evolving, you can never eliminate the risk of an IoT attack unless you forbid such devices within your workplace. There are simply too many unique threats to prevent them all. However, you can install measures to mitigate the most significant threats and significantly reduce your overall risk profile. These include:

 

Guarding Your IoT Network Against Cyber-Attacks 

IoT devices are increasingly becoming a fixture of the modern business environment. As such, Internet of Things attacks will not go away any time soon. Rather, it will likely only increase alongside the number of devices on the market. To mitigate this ever-present threat, you must take all of the necessary precautions to secure these devices.

Does your business need help with that?

At RSI Security, we have the experience and solutions you need to take stock of your IoT landscape, identify major threats, and then prepare accordingly. Whether you need training, managed security, or assistance with your cyber defenses, we’re confident we can help your organization achieve cybersecurity risk-management success.

 

 


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