Slough
02 December 2016
Reporter: Barney Dixon
McAfee Labs targets IoT as IP security risk
The rise of the Internet of Things (IoT) could be a gateway to data and intellectual property theft, according to McAfee Labs’ 2017 Threat Predictions report.

The report, released late last month, looked at the evolution of cloud security over the next two to four years and studied threats such as geopolitical issues, legislation and regulatory actions.

McAfee Labs suggested that the storage of intellectual property combined with “antiquated authentication, east-west and north-south attack vectors, gaps in coverage between service layers and for-hire hackers in the cloud” could have implications for innovation, and promote litigation.

Further, it said: “Laws will not be able to keep up with technology advancement ... leaving cloud service providers and their customers exposed.”

Vincent Weafer, vice president of Intel Security’s McAfee Labs said: “To change the rules of the game between attackers and defenders, we need to neutralise our adversaries’ greatest advantages.”

“As a new defensive technique is developed, its effectiveness increases until attackers are compelled to develop countermeasures to evade it.”

He added: “To overcome the designs of our adversaries, we need to go beyond understanding the threat landscape to changing the defender-attacker dynamics in six key areas: information asymmetry, making attacks more expensive, improving visibility, better identifying exploitation of legitimacy, improving protection for decentralised data, and detecting and protecting in agentless environments.”

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