Enterprise Internet of Things Handbook

Ransomware

The new trend in IoT hacking is ransomware. Hackers get into IoT systems or software and block it or disrupt it. In order for the device or the system to work properly again, the owners need to pay a ransom (mostly through cryptocurrency such as Bitcoin).

Imagine a world where your coffee machine blackmails you into paying money or it will brew only decaf.

In this time and age, what is the best way to be secure? Just turn things off?

Jokes aside, this is a pretty serious issue. Do remember that systems are built to be hacked. So, what might seem a security solution today may be a new attack name tomorrow.

In the world of IoT, our primary goal is to keep data safe and the secondary goal is to keep our devices and servers updated. ...