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PRESS RELEASE from provider: Business Wire
This content is a press release from our partner Business Wire. The AP newsroom and editorial departments were not involved in its creation.

New IoT Vulnerabilities Illustrate Risks of Connected Devices

February 26, 2019

BARCELONA, Spain--(BUSINESS WIRE)--Feb 26, 2019--Mobile World Congress — McAfee researchers have uncovered two new vulnerabilities within connected devices that allow hackers access to the personal lives of consumers. A vulnerability within  BoxLock  smart padlock could have enabled hackers to unlock the device within a few seconds, and a vulnerability within the  Mr. Coffee  brand coffee maker with Wemo could grant hackers access to home networks. As the Internet of Things (IoT) grows and smart devices gain popularity, McAfee warns consumers and businesses alike that cybercriminals will continue to find new ways to exploit all connected things. McAfee is committed to threat research and applauds businesses that quickly remediate disclosed vulnerabilities to provide more secure products to their customers.

“Cybercriminals are relentless, and as long as we continue to connect devices to the internet, they will continue to search for ways to exploit them,” said Raj Samani, McAfee fellow and chief scientist. “Vulnerability disclosures can be frightening for both the consumers using connected devices and the organizations that create them, however, the process is an essential component of creating a safer future. Cybersecurity researchers, businesses, and consumers working together to expose and eliminate these vulnerabilities keeps us all a step ahead of the bad guys.”

While there is no way to predict the future of IoT attacks, McAfee offers consumers and businesses tips to ensure devices and data are protected from such vulnerabilities:

3 Steps for Consumers to Protect What Matters

  • Set-up a secondary network for your IoT devices that doesn’t share access to your primary network and the devices and data connected thereto
  • Consider getting a  router with built-in security features, making it easier to protect all the devices in your home from one access point
  • Set your device to auto-updates so you always have the latest software and be sure to change all default passwords once you purchase a new device

3 Steps for Businesses to Secure Customers

  • Invest in security early in the development of your products and assume that at some point you will run into a vulnerability that needs to be addressed right away. Be sure to constantly monitor products for potential vulnerabilities and access points for cybercriminals
  • Keep all your computers and devices protected by using  robust security software  that can help safeguard your private information and protect you from threats
  • When faced with a vulnerability, be proactive and transparent in addressing the issue, and engage with the security research team for the fastest path to remediation

About McAfee

McAfee is the device-to-cloud cybersecurity company. Inspired by the power of working together, McAfee creates business and consumer solutions that make our world a safer place. www.mcafee.com

McAfee technologies’ features and benefits depend on system configuration and may require enabled hardware, software, or service activation. No computer system can be absolutely secure. McAfee® and the McAfee logo are trademarks of McAfee, LLC or its subsidiaries in the United States and other countries. Other marks and brands may be claimed as the property of others.

View source version on businesswire.com:https://www.businesswire.com/news/home/20190225005399/en/

CONTACT: Michelle Spencer

McAfee

michelle_spencer@mcafee.com

Hotwire Global

mcafeemwc2019@hotwireglobal.com

KEYWORD: EUROPE SPAIN

INDUSTRY KEYWORD: TECHNOLOGY DATA MANAGEMENT INTERNET NETWORKS SOFTWARE

SOURCE: McAfee

Copyright Business Wire 2019.

PUB: 02/26/2019 12:56 AM/DISC: 02/26/2019 12:56 AM

http://www.businesswire.com/news/home/20190225005399/en