Assessing three pressing cyber threats for IoT in 2018

Every year we see new pressing cyber threats, from new targets for hackers to new issues cropping up in the cybersecurity space. 2018 will be no different. One area that has recently got a lot of attention is IoT devices, as the use of such devices has increased in both the public and private sectors. Here at Silobreaker we are keen to highlight three pressing cyber threats to IoT devices that we believe enterprises need to be aware of:

Industrial take-downs

By 2020 it is expected that 25% of cyber-attacks will target IoT devices, many of which will be deployed in industrial environments. Infection and covert usage of IoT devices to mine cryptocurrencies or conduct DDoS attacks is a trend that isn’t slowing down, and one that is especially problematic in the industrial space because Industrial IoT devices tend to be both poorly secured and difficult to patch, especially across a

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