The total video surveillance market is expected to reach USD 71.28 Billion by 2022, at an estimated CAGR of 16.56% between 2016 and 2022.
According to IHS, there were 245 million professionally installed video surveillance cameras active and operational globally in 2014.
But are they secure?
With recent camera attacks there is a need for increased IoT security posture. The DDoS attack carried out by hackers using tens of millions of unprotected IoT devices has presented what security pros have known for a long time: IoT devices are vulnerable to attacks. In this attack, millions of webcams were unknowingly recruited to conduct the attack on major ISPs on the East Coast. Many of these webcams are now being recalled.