Although IoT devices have brought convenience to our lives, their security has been questioned. Some products may be more vulnerable to hackers because they do not establish a set of security standards. Recently, security experts have discovered a security hole in the OSRAM smart light bulb.
Rapida's chief security consultant, Deral Heiland, said that if the vulnerability is exploited by hackers, they can access the user's home or corporate network. In the worst case, this will allow them to control the product launching attacks against the browser. In addition, hackers can crack a user's Wi-Fi password in a matter of minutes. If the password is used in other websites and services at the same time (high probability), this poses additional risks.
However, Heiland mentioned that OSRAM is currently aware of the existence of this vulnerability and will fix several major security vulnerabilities including it in the next round of security upgrades.
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