IT device manufacturers struggle with Internet of Things security: 5 things to know

Recent cyberattacks have highlighted the importance of securing Internet-connected devices; however, many technology manufactures are just beginning to hone their cybersecurity processes, according to Reuters.

Here's what you need to know:

1. Internet-connected devices are expected to reach 30 billion by 2020.

2. Recent cyberattacks to devices like cameras, video recorders, printers and routers have been a "wake-up call to the hidden dangers of the Internet of Things," according to Reuters.

3. Hangzhou Xiongmai Technology, a camera manufacturer based in China, recalled thousands of devices after researchers warned they may have a botnet associated with a recent hack.

4. San Diego-based mobile technology company Qualcomm says it is looking into innovative security solutions, like machine intelligence, to ensure their products are working as expected.

5. Avtech, a video surveillance company based in Taiwan, says improved security may prove a business opportunity, since products with enhanced cybersecurity measures will separate manufacturers from their competition.

"The harsh reality is that cybersecurity is not even on the radar of many manufacturers," Trent Telford, CEO of Australian internet security firm Covata, told Reuters. "Security will eventually become more of a priority, but it may well be too late for this generation of IoT users."

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