Hidden Dangers: Risks of IoT Hacking

Internet of ThingsSeptember 7, 2023

The Internet of Things (IoT) has ushered in a new era of convenience and connectivity. Smart thermostats regulate our home temperatures, wearable fitness trackers monitor our health, and industrial sensors optimize production processes. However, amid this wave of innovation, a lurking menace threatens the very fabric of our interconnected world: IoT hacking.

The IoT Revolution

Before we dive into the risks of IoT hacking, let’s take a moment to appreciate the transformative power of IoT technology. These smart devices, embedded with sensors and software, have the potential to revolutionize industries, improve efficiency, and enhance our daily lives. In fact, according to CNBC, there are already around 17 billion devices worldwide. The revolution is very much underway.

In smart homes, IoT devices like thermostats, lights, and cameras offer unprecedented control and automation. In healthcare, remote monitoring devices empower doctors to track patients’ health in real time. In agriculture, precision farming through IoT sensors can optimize crop yields while conserving resources.

However, this convenience and efficiency come at a cost – the risk of cyberattacks on these IoT devices. Many malware types are currently being used to target IoT devices. These are growing increasingly sophisticated, and manufacturers are finding it hard to keep up. 

Let’s have a look at exactly what kind of risks we’re talking about:

1. Privacy Invasion

IoT devices collect vast amounts of data about our habits, routines, and preferences. From your smart TV recording your viewing choices to your fitness tracker monitoring your physical activities, these devices amass a treasure trove of personal information. If hacked, this data can be exploited for malicious purposes, including identity theft and blackmail.

2. Data Tampering

Imagine your smart thermostat or pacemaker being tampered with remotely. Not only could this compromise your comfort or health, but it could also lead to catastrophic consequences. Data tampering can affect the integrity of critical systems, causing severe harm in sectors such as healthcare, transportation, and energy.

3. Botnets and DDoS Attacks

IoT devices have been conscripted into armies of bots, collectively known as botnets, which are then used to launch Distributed Denial of Service (DDoS) attacks. These attacks overwhelm online services, rendering them inaccessible. Hackers can weaponize thousands of compromised IoT devices, crippling even the most robust websites and services.

4. Unauthorized Access

Weak passwords and insufficient security measures make many IoT devices easy targets for hackers. Once infiltrated, attackers can gain unauthorized access to control your devices, spy on you, or even use them as an entry point to your network. From smart locks to baby monitors, no device is immune to this threat.

5. Supply Chain Vulnerabilities

Even before IoT devices reach your hands, they may have been compromised. Hackers can infiltrate the supply chain, injecting malware or backdoors into devices during manufacturing or distribution. This hidden danger can lead to widespread vulnerabilities.

What Can We Do About It?

This makes for a bleak scenario. However, with these simple safety measures, you can mitigate the risk while still enjoying your IoT devices:

1. Change Default Credentials

Always change default usernames and passwords on your IoT devices to something strong and unique. We often struggle to think of a strong password and fear that we may forget it. However, it is much easier than you think if you follow the main rules. 

2. Regular Updates

Frequently update your device’s firmware or software to patch known vulnerabilities. In the past, companies and users have often neglected the possibilities that can be offered by updating firmware. Let’s face it: many of us often postpone updating our phone -who remembers to update their fridge? 

Luckily, large companies, such as Panasonic, are beginning to develop new strategies for IoT devices. The increased risk is leading brands to reevaluate the possibilities and solutions for this problem. As a user, your best bet is to update all your devices. 

3. Network Segmentation

Isolate IoT devices on a separate network from critical devices like computers and smartphones. Protecting critical devices is essential, and one of your best bets for their protection is using a reputable VPN (Virtual Private Network).

4. Access Controls

Implement strong access controls, like multi-factor authentication, to limit who can access and control your IoT devices.

5. Reputable Manufacturers

Choose IoT devices from reputable manufacturers who prioritize security. We are often tempted to go for the cheap option when buying a new device. Sadly, cheaper options often work out more expensive in the long run. When purchasing an IoT device, choose wisely and bet on companies you know and trust.


The IoT revolution is here to stay, offering unparalleled convenience and efficiency. However, the risks of IoT hacking should not be underestimated. As our world becomes increasingly interconnected, safeguarding our devices and data becomes paramount. By following best practices for IoT security, we can embrace the benefits of this technology while minimizing the threats it poses to our digital lives.

In the IoT age, the saying “knowledge is power” takes on new meaning – staying informed about security risks and taking proactive steps to protect ourselves is the key to a safer, smarter future.

About the Author
A Fintech expert and have aimed to produce affordable, market-leading technology to update payment methods, bringing intelligent solutions to all types of businesses.
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