The document discusses cyber attack trends and the rise of IoT botnets. It provides information on different types of DDoS attacks like volumetric and layer 7 attacks. It examines the history of notable IoT botnets like Mirai and their role in large DDoS attacks in recent years. The growing prevalence of IoTs and potential for over 6 billion smart devices by 2020 is also noted. Challenges for the security industry in 2018 around topics like "secure by default", threat intelligence sharing, and the potential role of cloud security are outlined.