Bitsight, a major player in cyber risk management, has released a new study presenting alarming data. The study reveals that one out of every twelve organizations using webcams connected to the internet or similar devices are at higher risk of cyber attacks than most consumer Internet of Things (IoT) devices. This includes vehicles, smart homes, medical devices, smart clothing, and remote monitoring devices.
The research, which was conducted over several months, analyzed data from multiple organizations to get an accurate reading of the cybersecurity risks associated with connected devices. The study was designed to assess security vulnerabilities and potential threats to organizations based on the type of devices they use.
Researchers found that organizations using webcams and similar devices had a higher probability of experiencing a cyber attack compared to consumer-grade IoT devices. This is due to the fact that these devices often lack the same security controls and encryption that consumer devices are equipped with, which makes them an easier target for cybercriminals.
The study underscores the importance of organizations taking proactive measures to protect themselves against cyber attacks, especially in today’s rapidly evolving threat landscape. As the use of connected devices continues to grow, the cyber risks associated with these devices are also increasing.
According to the study’s researchers, organizations can mitigate these risks by taking a holistic approach to cybersecurity that includes regular vulnerability assessments, patch management, employee training, and the implementation of best practices for network and device security.
As companies continue to incorporate connected devices into their operations, a comprehensive cybersecurity strategy has become more crucial than ever. Failure to do so could lead to costly data breaches and other cyber attacks that put the organization’s reputation, financial stability, and customer trust at risk.