Target Industry

Technology and financial industry sectors.

Overview

The Internet of Things (IoT) is a network of physical devices in which data can be transferred from one to another without human intervention. IoT devices, which include smartphone devices, Apple watches and personal medical devices, can contain sensors which are assigned as unique identifiers (UIDs).

The IoT has improved efficiency in many sectors such as healthcare and logistics. However, the proliferation of IoT devices has come with increased security risks such as those relating to distributed denial-of-service (DDoS) attacks.

Impact

IoT DDoS attacks specifically target the IoT devices rather than targeting any connected internet devices. The main objective of such attack efforts is to overload servers with requests and cause them to crash.

Affected Products

IoT devices.

Containment, Mitigations & Remediations

To mitigate against an IoT DDoS attack, it is strongly recommended that the following defence strategies are adhered to:

Provide education on safe IoT practices: encourage changing the default password for both corporate and home users, update firmware regularly to prevent the devices from being compromised, and provide IoT security and penetration testing

Regularly patch the devices from any known vulnerabilities being exploited; make sure to regularly update devices with the latest firmware.

Indicators of Compromise

No specific Indicators of Compromise (IoCs) are available currently.

Threat Landscape

The objective of DDoS attacks is for threat actor groups to try to compromise business operations, which will likely result in financial loss and associated reputational damage for target organisations. As such, threat actors become aware of the vulnerabilities contained within IoT systems, and it has been assessed to be highly likely that DDoS attacks against these devices will emerge.

Threat Group

No attribution to specific threat actors or groups has been identified at the time of writing.

Mitre Methodologies

Impact Technique:

T1498 – Network Denial of Service

Further Information

Statista IoT Trends

Gscore DDoS Overview

G2 IoT Vulnerabilities Overview

 

An Intelligence Terminology Yardstick to showing the likelihood of events

 

Further Threat Intelligence from Quorum Cyber

Headquarters

Verdant
2 Redheughs Rigg
Edinburgh
United Kingdom
EH12 9DQ

FLORIDA, USA Office

501 E Kennedy Blvd.
STE 1400
Tampa FL 33602

Ontario, Canada Office

1375 North Service Rd E
Suite 102
Oakville
Ontario L6H 1A7

Contact Us
Address

Verdant
2 Redheughs Rigg
Edinburgh
United Kingdom
EH12 9DQ

501 E Kennedy Blvd
STE 1400
Tampa FL 33602

1375 North Service Rd E
Suite 102
Oakville
Ontario L6H 1A7

HEADQUARTERS
Verdant
2 Redheughs Rigg
Edinburgh
United Kingdom
EH12 9DQ



FLORIDA, USA OFFICE
501 E Kennedy Blvd.
STE 1400
Tampa FL 33602


ONTARIO, CANADA OFFICE
1375 North Service Rd E
Suite 102
Oakville
Ontario L6H 1A7


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