IoT Boom or Bust? Malware’s 400% Surge Spells Trouble for Manufacturing Industry

IoT devices are under siege, with malware attacks skyrocketing by 400%. Manufacturing is the prime target, facing over three times more attacks weekly than other sectors. As Industry 4.0 revolutionizes production, it also opens doors for cyber mischief-makers. Time to lock those digital doors and keep the botnets at bay!

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Hot Take:

When your toaster is smarter than your average bear, it might also be more dangerous. With IoT devices under siege from malware, it seems we’ve moved from Skynet to Skappliances! Keep your smart fridge in check, or it might just become a cybercriminal’s favorite snack.

Key Points:

  • IoT device traffic surged by 18%, but malware attacks on these devices skyrocketed by 400%.
  • Botnet malware families Mirai and Gafgyt dominated, responsible for 66% of attack payloads.
  • Manufacturing takes the brunt, with 54.5% of all IoT-targeted malware attacks.
  • The US is a prime target for malware developers due to its advanced digital infrastructure.
  • Security measures include multi-factor authentication, employee training, and zero-trust architecture.

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