Best Practice A-03 SG: The Rise of the Eternal IoT Botnet

Wednesday, March 10, 2021 9:10 AM to 9:42 AM · 32 min. (Africa/Abidjan)
Best Practice Blue Stage
Best Practice Blue Stage April 6
Cyber SecurityIndustry

Information

IoT botnets are becoming very popular among criminals. End-users never clean up (or even log into) their own routers and the criminals have found ways to make money off of those infections. The addition of P2P capabilities to these botnets brings scary possibilities to these criminal tools: they can now become impossible to deal with from the outside. They just cannot be taken down. These threats will need to be dealt with by cleaning up the routers one by one. This is just not feasible; therefore, we have uncleanable and unkillable criminal tools that will stay with us for as long as the criminals keep making money from them. This is a forward-looking view to what's coming in the IoT malware field. Currently, criminal business models focus from the compromised device OUT, but given our current Working-from-Home reality what happens when these uncleanable unkillable botnets focus their attention IN, instead? Is our industry prepared for an overnight shift to your router or other home IOT devices being effectively a “Criminal Home Hub”?

Trend Micro (Schweiz) GmbHTrend Micro, a global leader in cybersecurity, is making the world safe for exchanging digital information, freeing organizations to go further and do more. Leveraging over 30 years of security expertise, global threat research, and continuous innovation, Trend Micro enables business resilience through connected solutions and visibility across the full IT infrastructure. www.trendmicro.com.   Powered by XGen™ security, our solutions use a cross-generational blend of threat-defense techniques that are optimized for key environments and leverage shared threat intelligence to protect your organization. Our solutions are optimized for cloud workloads, servers, endpoints, email, and networks and deliver visibility across the enterprise, enabling you to detect and respond to threats faster. With over 6,700 employees in 65 countries, Trend Micro protects enterprise and cloud deployments, helping our over 500,000 commercial prepare for, withstand, and rapidly recover from threats.    Trend Micro’s “Trenders” are passionate about doing the right thing to make the world a safer and better place. www.trendmicro.com.   

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Candid Wuest
Candid Wuest
VP Cyber Protection ResearchAcronis

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