A network is only as strong as its weakest point.
A device with inadequate security protection can provide backdoor entry into an otherwise secure network. Currently, the combination of unclear security standards and millions of low-cost IoT devices with poor security settings is a weak point in the IoT ecosystem.
Most IoT devices are connected to cloud platforms, so a major security breach could have wider implications than impacting a single service, solution, organisation or person.
" To protect all Australians, it is critical legislative frameworks can accommodate risks presented by new and emerging technologies. "
As the use of IoT devices grows, the risk of compromised security will grow too. The Australian Cyber Security Centre should ensure end-to-end standards for IoT-enabled devices are clear and enforced so users are protected against cybercrime.
Australians generally have among the highest levels of distrust of Al and big data in the developed world.
A 2019 poll found 44% of Australians believed Al would harm them in the next 20 years, compared to a 30% global average.91
There should be a clear focus on addressing misinformation and the genuine concerns of Australians, thereby enabling informed choices about IoT adoption.