The passwords, generally kept hidden from users,
exist to help manufacturers access the guts of those tools, but hackers have easily exploited them.
Using malicious software called Mirai, attackers previously have managed to turn webcams and other devices into a formidable botnet — the likes of which caused the widespread October outage.
With cybersecurity, Warner told
Recode, “You’ve got to constantly be upgrading your game. And what we’re saying with Internet of Things devices is, if you’ve got hard-coded passwords or they’re not able to be patched, because they’re cheaper or smaller devices, that can’t be standard protocol.”
“If we turn around and there are 20 billion [IoT] devices in a couple years, and the federal has ‘x’ million of these devices, and they all have these characteristics,” he continued, “then, you know, I think we’re going to make a big mistake.”
On the consumer side, at least, the Internet of Things is a fast-expanding, if nebulous, market category. An estimate by IDC issued in June found that IoT spending around the world
could reach as high as $1.4 trillion by 2021.