Trend Micro published a threat report called Uncovering IoT Threats in the Cybercrime Underground. The report outlined many interesting discoveries about threat groups targeting IoT devices and offered predictions for the coming months. Trend Micro: The business model to monetize an attack against these devices is extortion. Cybercriminals motivated by money are also finding similar uses for infected devices, giving life to advanced commercial attack scenarios. Their monetization model is going to continue to be based on extorting custodians of industrial targets under the threat of extended downtime.”]
Source: https://www.healthcareinfosecurity.com/blogs/attackers-iot-paradise-billions-insecure-devices-p-2922