Topic: The IoT failed too? (Read 907 times)

Uhm, IOTA is not an 'altcoin' and has been in development since summer 2015, we have already teamed up with several world leading companies that are working on IoT. The reason you haven't seen much about it on altcoin forum is simply because we don't work on altcoins, we work on technology. IOTA is the first distributed ledger with zero fees, and it doesn't even have blocks, it has a brand new structure. Read the whitepaper if you want to understand this kind of stuff instead of just kneejerk reactions to something you don't understand.

I guess we should try to focus on spreading usage with the existing altcoins first before creating new ones with futuristic features and terms.

IoT face a lot of hurdles to be overcome. The two primary ones are indeed Security, but also Infrastructure, which we over at www.iotatoken.com are working on by allowing sharing of resources and infrastructure.

IoT is a corporate construct.
Learn to differentiate between corporate constructs and trends.
One is marketing, the other is reality.

maybe they run xp because they've got it locked down? you hear of atms being accessed from the outside in but never the other way around.

ya man

ATM's are running windows XP , the "IoT" is a hackers wet dream.
hence the DAO fail.   
theres SO much upgrading to be done, it just easier to offer "no liability" to consumers.

give it 5 years haha

Maybe IoT is not yet ready for us if we cannot secure this properly. I would hate to be locked in my car and it will drive at 100 miles per hour with the hacker at the other side of the world acting like he was playing Grand Theft Auto. No sir.

I agree with both of you, IOT is not that perfect at this point in time. I expect those hacking problems can be easily resolved in the future.

yeah, that was my point too.
every new technology have some flaws, and it doest mean it failed. give it time to see whats gonna happen with these flaws.

IoT is still a technology that is being tested, so it's normal that we see some issues at its beginnings. It is much like the internet on it beginning a lot of issues were identified. It is normal to see these things happen while the technology is still new. Some years from now the tech will be prepared to overcome a lot of issues.

I appreciate spartak_t raising awareness of this issue of IoT being a hacking vulnerability, which I wasn't focused on.

Well, it's looking pretty much like the DAO's, but IoT has a lot more investments involved.


Sure: https://twitter.com/FAILCommunity/status/750000363126812673

/goes back to flip phone

they can hack cars before they've even become self driving. they'd better come up with some iron clad security for all of this stuff or it's gonna get insanely messy insanely quickly.

well... i remember a time where wifi were a big flaw on it security and right now is "ok".
these new concepts, like iot and byod need some time to be improved.

i still belive in in iot.

spartak_t it would be cool if u could explain how ur statement is related to the article

~CfA~

Looks like IoT is another technology, which is failing...


"People who have been following the tech news may recall the name Lizard Squad. This hacker collective has been a major pain in the neck for computer users all over the world. But it looks like they are changing tactics. Instead of relying on computer botnets, they are now enslaving other internet-connected devices to wreak more havoc.

LIZARD SQUAD IS STILL ON THE SCENE

While most people agree the Internet of Things is a magnificent concept, it also poses a significant security risk. The majority of Internet-connected devices is not equipped with proper security precautions. In theory, any device connected to the internet can be hacked and taken over by malicious individuals.

That seems to what Lizard Squad is showcasing already. The collective has been making a name for itself by using compromised computers to execute DDoS attacks around the world. But it looks like the Internet of Things is their new favorite target as of late. With millions of connected devices to choose from, creating a botnet has never been easier.

Over the past few months, Lizard Squad hacked CCTV cameras and webcams all over the world to execute its DDoS attacks. Targets ranged from banks to governments, and gaming sites to ISPs. Albeit internet-connected devices are not always as powerful as a computer, they are much easier to control remotely. Plus, a lot of less-powerful devices combined can still pack quite the punch.

Top put this into perspective, some of the recent Lizard Squad attacks managed to drive 400 Gbps of data to specific websites and servers. That is quite a lot of computer requests to bring down any network, or at least cripple it severely. Interestingly enough, it remains unknown whether or not Lizard Squad is trying to force targets to pay up to get rid of the attacks altogether.

These attacks paint a worrisome picture for the future of Internet of Things security, though. The vast majority of devices will need to be made a lot more secure before they are actively used on the Internet. Computers are not safe from harm, either, though, as hacker collectives will try to exploit any weakness in any device."

Source: http://themerkle.com/iot-devices-are-being-hacked-by-lizard-squad-to-execute-ddos-attacks/