The internet of stings | The Economist

TO A layman, the phrase “Internet of Things” (IoT) probably conjures up a half-fantastic future in which refrigerators monitor their own contents and send orders direct to the grocer when the butter is running out.

Actually, though, a version of the IoT is already here. Wi-Fi hubs, smart televisions, digital video-recorders and the like are all part of a network of devices run by microprocessors that form part of the internet—but with one crucial distinction

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The internet of things is the new magic ingredient for cyber criminals |  The Guardian

Brian Krebs is one of the unsung heroes of tech journalism. He’s a former reporter for the Washington Post who decided to focus on cybercrime after his home network was hijacked by Chinese hackers in 2001.

He has become an expert on the activities of the cybercrime groups that operate in eastern Europe and which have stolen millions of dollars from small- to medium-size businesses through online banking fraud.

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