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Can the cloud cure IoT security problems?

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The cloud has made deploying servers easy and taken much of the complexity out of application delivery. Now, it will face its next challenge: rescuing the internet of things from itself.

By any measure, IoT is big business. Last year, global IoT spending reached $737 billion, according to IDC, and is expected to reach $1.29 trillion by 2020. The number of IoT devices was about 15.4 billion in 2015 and, according to IHS, will nearly double by 2020. Intel is even more aggressive in its projections, expecting the number of IoT devices to reach 200 billion by 2020.

But it’s difficult to see how IoT will fulfil its promise without addressing the vulnerabilities in IoT devices and systems. And make no mistake, IoT threats are real. Late last year, attackers exploited a vulnerability in a brand of IoT cameras to launch a distributed denial-of-service attack on the website of journalist Brian Krebs. The following month, 100,000 IoT devices were manipulated by the Mirai botnet to launch an attack on DYN, the DNS provider. Since then, we’ve seen more sophisticated IoT threats that have worked cross-platform.

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Article Credit: IOT Agenda

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