Some of your smart devices are not prepared to withstand hacker attacks, with many of these vulnerable to trespass in minutes. A tech expert shared with Cheddar how shoppers should gear up, ahead of this year's Black Friday and Cyber Monday.
Craig Williams, senior technical leader and global outreach manager at Cisco, says connected Barbies, baby monitors, and smart TVs, just to name a few, are the latest items of choice on a hacker's list. Some estimates project that by 2020 the world will be home to 20.8 billion smart connected products, making poorly secured smart devices and toys a criminal's opportunity to "make bank."
Williams says that unfortunately there is no secure operating system out there. The bar is very low for security within IoT devices. The best thing you can do is to find a manufacturer that will continue to make patches to its system. He also urges consumers to push harder on these manufacturers in order to ensure safe products. The expert suggests researching on Google whether products are hacker proof before purchasing the item.
Elizabeth Renter, Senior Economist at NerdWallet, breaks down how inflation and oil price shocks are driving higher costs and squeezing consumers today.
David Branch of Wells Fargo explains why cocoa prices are falling but some candy costs remain high and when consumers may finally see relief at checkout.
Colonel Chris Hadfield, astronaut and best-selling author, breaks down Artemis II and why NASA’s next crewed mission is key to returning humans to the Moon.
Ben Geman, Energy Reporter at Axios, explains how the Iran war could reshape global energy—disrupting supply, shifting power, and accelerating a new regime.
Emily Peck, National Correspondent at Axios, explains why office vacancies hit 21% despite RTO pushes, highlighting a lasting shift in how Americans work.
Tobias Bauer, CEO & President of Rolling Stock at Siemens Mobility North America, shares insights on a $220M investment reshaping U.S. rail infrastructure.