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The Multi-Billion-Dollar Hack — How Criminals Exploit the IoT For Big Money
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This is Not a Joke or a Delusion — This is Reality
The fabled IoT, or the Internet of Things, was heralded as the next big technological advance for humanity. Fridges, TVs, washing machines, cars, phones, wearable devices, heart implants, pacemakers — anything connected to the Internet in any way possible — was supposed to herald a new dawn in the age of humanity.
Good news — the new dawn is here.
Bad news — it could be an apocalyptic nightmare dawning even right now.
The Background
What is the trouble with the IoT? Security. The devices made today are being sold at lower prices than ever before. A device from Asia is half the cost of an Apple device and even Apple devices are part of manufacturing supply chains that create the computer circuitry elsewhere. We outsource our industrial needs for lower costs.
