Southeast Asia cybersecurity risks have global effect
Cybersecurity vulnerabilities of connected devices in Southeast Asia pose risks to companies far beyond the region, analysts told Bloomberg BNA. The massive October 2016 distributed denial-of-service attack on U.S. websites including those of Netflix Inc. and Twitter Inc., demonstrated that U.S. consumers and businesses aren’t immune to cybersecurity risks from remote places. The attack was sprung by taking over insufficiently protected web-connected devices, including internet of things devices in Southeast Asian countries—such as Vietnam and Thailand—to flood the U.S. sites with traffic. Although far from Southeast Asia, U.S. companies shouldn’t underestimate the effects that cybersecurity vulnerabilities there may have on their businesses, analysts said.
