Securing IoT: Whose responsibility is it?
Enterprises and consumers alike are rewarding vendors that produce low-cost, insecure devices, such as $20 IP-based security cameras. It’d be easier for everyone if those consumers instead sent $20 to threat actors who will inevitably compromise those devices, as this would only be a $20 problem.
However, when threat actors conscript thousands of insecure IP-based security cameras into a botnet that can knock major brands off the internet — such as what happened with the Mirai botnet attacks in the fall of 2016, it potentially becomes a multimillion-dollar problem that affects major markets and international relations.