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Weak Passwords and Personal Information Among Key Concerns across 70% of IoT Devices Vulnerable to Security Attacks

Weak Passwords and Personal Information Among Key Concerns across 70% of IoT Devices Vulnerable to Security Attacks
HP Fortify, in its recent Internet of Things Security: State of the Union study, revealed that 70% of these commonly used Internet-of-Things devices -  TVs, webcams, home thermostats, remote power outlets, sprinkler controllers, hubs for controlling multiple devices, door locks, home alarms, scales and garage door openers - contain security vulnerabilities.
The study was conducted using HP Fortify's HP Fortify on Demand, which scanned these devices for various security attributes that will expose these devices and their applications to various form of security attacks. Based on the study, the percentage of devices that failed to conform to these list of security concerns are: leakage of personal information: 80% percent, weak passwords: 80 percent, lack of transport encryption: 70 percent, insecure web interface: 60  percent and inadequate software protection: 60 percent.
According to HP Fortify, the test was conducted on these devices and their cloud, network and client applications components and the 10 IoT devices produced on average 25 vulnerabilities per device. HP Fortify also highlighted that given the estimate for the number of IoT devices in 2020 of 26 billion and expected revenue of USD300 billion, it is critical for manufacturers, end-users and cloud services and application providers, including network operators to ensure that these security concerns are well addressed across their IoT solutions and services offerings.

"While the Internet of Things will connect and unify countless objects and systems, it also presents a significant challenge in fending off the adversary given the expanded attack surface. With the continued adoption of connected devices, it is more important than ever to build security into these products from the beginning to disrupt the adversary and avoid exposing consumers to serious threats.”

-  Mike Armistead, Vice President and General Manager, Fortify, Enterprise Security Products, HP 

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Author

Executive Editor and Telecoms Strategist at The Fast Mode | 5G | IoT/M2M | Telecom Strategy | Mobile Service Innovations 

Tara Neal heads the strategy & editorial unit at The Fast Mode, focusing on latest technologies such as gigabit broadband, 5G, cloud-native networking, edge computing, virtualization, software-defined networking and network automation as well as broader telco segments such as IoT/M2M, CX, OTT services and network security. Tara holds a First Class Honours in BSc Accounting and Finance from The London School of Economics, UK and is a CFA charterholder from the CFA Institute, United States. Tara has over 22 years of experience in technology and business strategy, and has earlier served as project director for technology and economic development projects in various management consulting firms.

Follow Tara Neal on Twitter @taraneal11, LinkedIn @taraneal11, Facebook or email her at tara.neal@thefastmode.com.

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