Verizon wants just $1B discount for the total deal size of $ 4.8 billion of acquiring Yahoo, which is just two months old.
It is very difficult now to do a valuation of Technology because, at any point of time the share value and market capitalisation come at the stake. Reason being, with the growth of ethical and unethical hackers across the globe chances are bright, companies are soon to lose the market share. It is time for the bubble to burst, which we have seen in the recent hack that is believed to have stolen around 500 million Yahoo user information, which could be the largest in history. Yahoo is conducting an active investigation of this matter; my query is whether Internet of Things (IoT) devices are the root cause.
According to a Gartner survey, 50% of users reuse their passwords across multiple platforms. So armed with an email address and Yahoo password, hackers might be able to gain access to multiple accounts. Malware targeting Internet of Things (IoT) has come of age and the number of attack groups focusing on IoT has multiplied over the past year. 2015 was a record year for IoT attacks, with eight new malware families emerging. More than half of all IoT attacks originate from China and the US. High numbers of attacks are also emanating from Russia, Germany, the Netherlands, Ukraine and Vietnam.
With the growing use of more IoT devices, DDos attacks can be used as bots and lack of update mechanism to automatically pull and install patches. With the compound issue of devices shipped with tepid passwords, default or weak credentials are easily sniffed out by automated scripts.
In result, poor security on many IoT devices makes them soft targets and often victims may not even know that they have been infected. Attackers are now highly aware of lax IoT security and many pre-program their malware with commonly used and default passwords.
