Over on MotherBoard, noted cryptographer, computer security and privacy specialist, and writer, Bruce Schneier pens his thoughts on the recent gaping holes in security for Internet connected devices. When Bruce speaks, people listen.
First, if you haven't been following the recent DDoS attacks using IoT devices, read this. In short, IoT devices have been comprised to attack networks.
It's so bad that Bruce is calling out the IoT market for failing to secure their devices and machines that connect to the Internet and is asking for government intervention.
What this attack demonstrates is that the economics of the IoT mean that it will remain insecure unless government steps in to fix the problem. This is a market failure that can't get fixed on its own.
He continues that security has been built into many our computers and smartphones because there is money to invest in security, the same can't be said for low margin embedded systems like digital video recorders or home routers. Security is not their expertise. Even worse, he adds, most of these devices don't have any way to be patched.
He argues the market can't fix this because neither the buyer nor the seller cares. Government must step in and solve the problem says, Schneier.
What do you think?
Full article on Motherboard here.