Attack highlights need for greater security
The recent DDoS (Distributed Denial of Service) attack leveraging connected devices manufactured by Chinese manufacturers of network connected video surveillance cameras has triggered massive market attention in recent weeks.
China will continue to play a key role in the manufacturing of end points to drive the worldwide IoT market. This incident will likely highlight the need for worldwide, consistent security standards as a requirement for connected device manufacturers, especially those competing in the international marketplace.
One of the key reasons for the rapid adoption of IoT is the prevalence of "things" (aka connected devices) that can connect to networks to both provide detailed data and respond to control signals. The lowered barriers to adoption coupled with increasingly attractive benefits have fuelled the rapid installation of many "smart" devices by many companies.