Axis: Attacks "Result Of Cheap And Inferior IP Cameras And Dvrs"

Axis' founder says:

I think the key trend of 2017 in our industry is going to be cybersecurity. If we look at video surveillance cameras, they are now IP based and they are an intelligent network node. We’ve seen attacks that were initiated through network cameras that brought down some key services such as DNS and even brought down a whole country. This is a result of cheap and inferior IP cameras and DVRs. They were configured with a standard hard-coded root password and put on the open internet. If this was in the IT industry it’s an absolute no-no. But we in the security industry, we unfortunately lag behind IT security. [emphasis IPVM]

One the one hand, Dahua and XiongMai cameras (involved in the Mirai attacks) are certainly less expensive than Axis.

However, Axis has its own issues with security, for example Axis critical security vulnerability in 2016 that allowed root access without authentication.

Moreover, in our 10 Manufacturer Cyber Security Comparison report, Axis had cybersecurity limitations, for example no strong password enforcement, no account locks, and hardcoded accounts that 'cheap and inferior' products did not, as shown in the comparison table below.

What do you think, is cyber security attacks an issue of 'cheap and inferior' products?

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