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Are cyber threats the Achilles’ heel of the smart home?

Source: National Cyber Security – Produced By Gregory Evans

The advent of smart home technology has forever changed the face of the residential alarm industry for the better. Not only are people more connected to their systems than ever before, but it has also breathed new life into the industry in the form of additional recurring revenue opportunities. In fact, a recent report from Research and Markets projects the smart home equipment and services market to grow at between eight to 10 percent year on year for the next five years, reaching an estimated $68 billion by 2018. However, as with any device that is connected to the internet today, home automation and security systems are vulnerable to myriad threats posed by hackers. There have already been several well-documented cases where people have tapped into connected home products, such as baby monitors and surveillance cameras. But what if instead of just scaring or looking in on people and their children, hackers could lock or unlock doors or change alarm settings? These are just a few of the things malicious actors could do if they were to find and exploit cyber vulnerabilities in connected home products. Craig Young, a security researcher for Tripwire, recently analyzed three of the top selling […]

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