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Beware the Ticking Internet of Things Security Time Bomb

alphadogg writes: A panel of security experts, including from IBM, LogMeIn and formerly RSA, warn that IoT security is a growing threat because device makers haven’t baked in security. IT security staffs are already inundated with safeguarding internal infrastructure and cloud-based resources, so guarding against a slew of new threats is likely to be overwhelming. LogMeIn’s Paddy Srinivasan says most Internet-of-things OEMs “barely even have IT staff,” so they aren’t capable of developing rigorous security even if they wanted to. IBM’s Andy Thurai says most companies are rushing technology to market to try to monetize you as much as possible, and they aren’t even willing to give you a cut for the data you supply. Regulations may help, but probably not enough and definitely not soon.


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