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Know your risks: The Internet of Things
/ Categories: Risks, Trends

Know your risks: The Internet of Things

We've written about risks associated with the Internet of Things (IoT) before - emerging networked technologies that intersect with our daily lives are more ubiquitous by the day -- as are the risks that can be posed by hackers. This is not some future threat - it's happening now: "Bad guys have already hijacked up to 100,000 devices in the Internet of Things and used them to launch malware attacks, Internet security firm Proofpoint."

"It's apparently the first recorded large-scale Internet of Things hack. Proofpoint found that the compromised gadgets — which included everything from routers and smart televisions to at least one smart refrigerator — sent more than 750,000 malicious emails to targets between December 26, 2013 and January 6, 2014."

We're all still coming to grips with emerging risks -- which is why we think this infographic from Goldman Sachs on the The Internet of Things is a great "explainer." We've excerpted a portion below, you can access the full infographic, along with a report at Goldman Sachs. It's a segment in their Macroeconomic Insights and includes an excellent short video on the IoT as the third wave of the Internet. These are great resources for a trend that we should all have on our radar.



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