INTERNET OF THINGS AND THE MAN-IN-THE-MIDDLE ATTACKS – SECURITY AND ECONOMIC RISKS

This paper presents some aspects of the Internet of Things (IoT) and attacks to which IoT may be exposed, above all, the man-in-the-middle (MITM) attack. After a short introduction, which describes the essence of the IoT and the MITM attack, used scientific methods and hypotheses are presented. The next chapters show the technology of MITM attacks and benefits that a successful attack provides to attackers. Here are presented also some of the most important examples of such attacks, which had a wider scope or significant impact on the Internet community. This part of the article ends by analyzing the possibilities of protection of IoT against MITM attacks. In the continuation, based on data available, an analysis of MITM attacks is given from an economic point of view. The conclusions show a summary of the entire analysis with assumptions of the future development of these issues.