Cyber criminals focusing attention on connected devices and the IoT, says a UK business ISP

UK businesses were, on average, subjected to almost 230,000 cyber attacks each during 2016, according to new analysis from Beaming, a provider of business internet service provider (ISP).

The volume of attacks hitting individual company firewalls passed the 1,000 per day mark, on average, for the first time in November last year. Hackers targeting the UK, says the analysis, are focusing on connected devices and the Internet of Things (IoT).

While a third of attacks against the country’s businesses attempted to access company databases in the first quarter of 2016, cyber criminals have since shifted their focus to connected devices such as networked security cameras and building control systems that can be controlled remotely over the internet.

There was a 310% increase in the volume of attacks seeking out Internet of Things devices between the first and final quarters of 2016. By the end of last year, more than 90% of cyber attacks on UK businesses sought to take control of connected devices in the workplace.

More cybercriminals are targeting UK businesses. Beaming’s analysis indicates that the number of inbound threats against UK businesses has grown during 2016. Beaming recorded a fivefold increase in the number of unique IP addresses used to launch attacks against UK businesses during 2016. More than 98% originated from outside of the UK.

Sonia Blizzard, managing director of Beaming, commented: “As an ISP, we can see what is happening on the internet and take steps to help businesses protect themselves and those they do business with. There are many more elements involved in cyber crime than a year ago. They are launching more sophisticated attacks on UK businesses and covering their tracks carefully.”

Graph: Average number of UK cyber attacks per business per day during 2016

“The majority of internet cyber attacks are computer scripts that search the web for weaknesses and probe firewalls constantly for a way in. With the Internet of Things, businesses are punching holes in their own firewalls to provide suppliers with access to devices on their networks. This can open the door to criminals too if not done properly.

“It is imperative that companies regularly review their firewall policies to ensure they are as restrictive as possible and prioritise security over convenience. Once inside, it is relatively easy for hackers to take over connected devices and lie dormant before misusing those assets as part of a bigger hack or distributed denial of service attack at a later stage.

“The cyber threat is real and it is growing. Any business that is connected to the internet needs to take responsibility for cyber security at board level and ensure they are doing everything they can to ensure they don’t expose their people, assets, customers and business partners to greater risk. A modest investment in next generation firewalls, unified threat management devices and intrusion detection makes a lot of sense for most businesses today.”

Comment on this article below or via Twitter: @IoTNow_ OR @jcIoTnow

RECENT ARTICLES

Quantinuum raises US$300m in equity funding

Posted on: April 18, 2024

Honeywell has announced the closing of a US$300 million equity fundraise for Quantinuum at a pre-money valuation of US$5bn. The round is anchored by Quantinuum’s partner JPMorgan Chase, with additional participation from Mitsui, Amgen and Honeywell, which remains the company’s majority shareholder. This investment brings the total capital raised by Quantinuum since inception to approximately

Read more

ITRI and Arm launch new SystemReady Lab in Taipei to boost AIoT industry

Posted on: April 18, 2024

ITRI has established the ITRI・Arm SystemReady Lab in Taipei, in partnership with Arm. This certification centre is the fourth of its kind globally, following the ones in the United States, Europe and India. The lab combines ITRI’s R&D strengths with the Arm SystemReady compliance programme to deliver comprehensive certification services for the AIoT industry. This

Read more
FEATURED IoT STORIES

What is IoT? A Beginner’s Guide

Posted on: April 5, 2023

What is IoT? IoT, or the Internet of Things, refers to the connection of everyday objects, or “things,” to the internet, allowing them to collect, transmit, and share data. This interconnected network of devices transforms previously “dumb” objects, such as toasters or security cameras, into smart devices that can interact with each other and their

Read more

The IoT Adoption Boom – Everything You Need to Know

Posted on: September 28, 2022

In an age when we seem to go through technology boom after technology boom, it’s hard to imagine one sticking out. However, IoT adoption, or the Internet of Things adoption, is leading the charge to dominate the next decade’s discussion around business IT. Below, we’ll discuss the current boom, what’s driving it, where it’s going,

Read more

9 IoT applications that will change everything

Posted on: September 1, 2021

Whether you are a future-minded CEO, tech-driven CEO or IT leader, you’ve come across the term IoT before. It’s often used alongside superlatives regarding how it will revolutionize the way you work, play, and live. But is it just another buzzword, or is it the as-promised technological holy grail? The truth is that Internet of

Read more

Which IoT Platform 2021? IoT Now Enterprise Buyers’ Guide

Posted on: August 30, 2021

There are several different parts in a complete IoT solution, all of which must work together to get the result needed, write IoT Now Enterprise Buyers’ Guide – Which IoT Platform 2021? authors Robin Duke-Woolley, the CEO and Bill Ingle, a senior analyst, at Beecham Research. Figure 1 shows these parts and, although not all

Read more

CAT-M1 vs NB-IoT – examining the real differences

Posted on: June 21, 2021

As industry players look to provide the next generation of IoT connectivity, two different standards have emerged under release 13 of 3GPP – CAT-M1 and NB-IoT.

Read more

IoT and home automation: What does the future hold?

Posted on: June 10, 2020

Once a dream, home automation using iot is slowly but steadily becoming a part of daily lives around the world. In fact, it is believed that the global market for smart home automation will reach $40 billion by 2020.

Read more

5 challenges still facing the Internet of Things

Posted on: June 3, 2020

The Internet of Things (IoT) has quickly become a huge part of how people live, communicate and do business. All around the world, web-enabled devices are turning our world into a more switched-on place to live.

Read more