Lyft to invest $50m for City Works transportation initiative – with LA first on the list

California-based transportation network firm Lyft has said it will invest $50 million (£38.4m), or 1% of the company’s profits, into locally-driven transportation services and other initiatives via its City Works programme.

Los Angeles would be the first beneficiary of the initiative, the company added, as the city reflects three key priorities of the programme: providing transportation, developing transportation...

By IoT News, 04 April 2019, 0 comments. Categories: Connected Cars, Development, IoT, Smart Cities.

F-Secure: IoT attacks doubled in 2018, devices are ‘easy prey’

Cybersecurity experts F-Secure have released a report which claims history may remember 2018 as the ‘turning point’ in IoT threats.

In 2018, the firm witnessed double the number of IoT threats as the previous year. The rapid proliferation of connected devices is making the IoT an ever more appetising target for hackers.

Here's the rapid growth in attacks since 2002 detected by F-Secure’s network of ‘honeypot’ servers:

By Ryan Daws, 02 April 2019, 0 comments. Categories: Enterprise, Healthcare, IoT, Security, Smart Cities, Smart Homes.

Report: Blockchain IoT market set to exceed £2.31bn by 2024

A report from MarketsAndMarkets forecasts phenomenal growth in the blockchain IoT market to exceed well over two billion by 2024.

Blockchain and IoT are two of the hottest buzzwords around right now. As infamously proven by the Long Island Blockchain Company, if you use either term you'll have investors throwing money at your business.

This year, the report expects the market to reach...

By Ryan Daws, 01 April 2019, 0 comments. Categories: IoT, Security.

IoT and blockchain convergence: WISeKey launches digital identity offering

WISeKey International Holding has launched SensorsID, a digital identity offering which aims to protect device identities and their data.

Analyst firm Gartner has estimated that by 2020, more than 20 billion devices will be connected. Each device will need security with it – many of them sensors using secure IoT chips. By 2022, it is predicted, one trillion networked sensors will be embedded in the world – each one...

By IoT News, 01 April 2019, 1 comment. Categories: Data & Analytics, IoT, Security.

Hyundai, Tesla and Apple come up trumps in most trusted connected car brands, say drivers

In the race to deliver driverless cars, it has long since been a war of attrition between the tech vendors and the automotive manufacturers. According to a new study, UK drivers see the benefits of both – yet it’s bad news for taxi companies.

The research, which surveyed 1,000 people across the UK, saw Hyundai, polled by 46.7% of respondents, take arguably a surprising win when it came to the must trusted brand...

By James Bourne, 01 April 2019, 0 comments. Categories: Connected Cars, IoT.

BlackBerry, Telus, L-Spark among those to launch programme for Canadian IoT startups

Canadian software as a service (SaaS) accelerator L-Spark has collaborated with telco Telus to launch the Secure IoT Accelerator programme, in association with BlackBerry and Ottawa-based software firm Solace.

The programme will empower local IoT ventures to reach globally with a ‘secure-by-design’ technology. The programme will back the companies in its portfolio to develop IoT products and services that leverage...

By IoT News, 29 March 2019, 0 comments. Categories: Development, IoT.

Pwn2Own: Hackers made off with a Tesla Model 3 and $35,000

Hackers managed to crack the security of a Tesla Model 3 and made off with a shiny new car and $35k for their efforts.

To be clear, it was all sanctioned by Tesla and not a theft. The automotive manufacturer willingly subjected their vehicle to hackers as part of the Pwn2Own competition.

Pwn2Own provides incentives to put the skills of hackers to good use in ensuring vulnerabilities are patched before they cause harm. Hacks of connected vehicles have the potential to cost lives.

The 2019 edition of...

By Ryan Daws, 25 March 2019, 0 comments. Categories: Connected Cars, IoT, Security, Smart Cities.

Sprint launches new IoT tool to give businesses simpler pricing options

Sprint has announced the launch of its new Curiosity IoT Estimation Tool that will let medium and small size business customers as well as enterprise customers, quick access to customised Sprint Curiosity IoT data pricing.

The product will also allow users to choose one or multiple features to create custom access point names (APNs), as well as pricing information.

The Curiosity IoT...

By IoT News, 22 March 2019, 0 comments. Categories: Data & Analytics, IoT.

MWC19 takeaways: Forget the 5G hype – IoT is already here

By Dima Feldman, Director, Head of Product Management

This year, the Altair team once again headed off to Barcelona for Mobile World Congress. With more than 100,000 attendees from almost 200 countries, and over 2,400 companies showcasing the latest products and innovations, MWC continues to live up to its reputation as the world’s premier mobile technology convention.

The two topics that dominated our conversations (and indeed the entire event) were IoT and 5G – and with some...

By Ilan Reingold, 20 March 2019, 0 comments. Categories: Data & Analytics, Development, IoT.