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Home AI

Amazon’s Ring causes further concerns over third-party data-sharing

by iotadmin
February 11, 2020
in AI, Data & Analytics, Development, Enterprise, Healthcare, IIoT, IoT, Manufacturing, Security, Smart Cities, Smart Homes, Standards
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Research from Irdeto suggests IoT attacks may cost the UK economy over £1 billion per year due to lax security measures.

UK organisations in critical industries such as healthcare, transport, and manufacturing were polled by the Dutch security vendor. Irdeto found attacks on IoT equipment caused £244,000 in losses on average.

Steeve Huin, VP at Irdeto, said:

“Insecure IoT devices and companion apps are essentially low-hanging fruit for cybercriminals, who are increasingly…

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