Syniverse aims to offer secured connectivity to worldwide mobile operators

A new private, secure, global network solution, called Syniverse Secure Global Access, has been introduced by US-based telecommunications firm, Syniverse to offer foundation for businesses to reliably safeguard mission-critical data.

The Syniverse Secure Global Access aims to provide privacy and security not available through the public internet, additionally providing businesses with secure connectivity to mobile operators across nearly 200 countries and territories.

Many organisations have lost...

By IoT News, 22 June 2018, 0 comments. Categories: IoT, Security.

Enterprises preparing for IoT enablement – but are vulnerable to older wireless network security threats

802 Secure has outlined the present state of the IoT network security in its new infographic detailing how ‘shadow IoT/IIoT’ devices are exposing enterprise networks and information to security risks.

The key statistics presented in the "IoT Cloud Security Report 2017" infographic explicitly spotlights the greatest IoT risks and threats having a negative impact on enterprises. The report highlighted that all enterprise environments had rogue consumer IoT wireless devices on their...

By IoT News, 29 May 2018, 0 comments. Categories: Data & Analytics, Enterprise, IIoT, IoT, Security.

Hide and Seek: The first IoT botnet to survive device resets is caught

A botnet has been discovered by security researchers which is the first to survive resets of compromised devices.

Researchers from Bitdefender published their findings today. The malware strain, which they’ve dubbed 'Hide and Seek' (HNS) for self-explanatory reasons, copies itself to the /etc/init.d/ folder.

This folder contains the daemon scripts for Linux-based systems which are often used for...

By Ryan Daws, 09 May 2018, 0 comments. Categories: IoT, Security, Smart Homes.

Maciej Kranz: On helping enable the IoT generation, improved security and getting ROI right

At the end of 2016, when Maciej Kranz, vice president at Cisco, released Building the Internet of Things, a personal ambition had been achieved. Not so much to become a bestselling author – although the book made it onto the New York Times list – but to impart more than a decade’s worth of experience and help organisations get going on their IoT journey.

Speaking to Kranz at the time – when he was interviewed as the cover star of the...

By James Bourne, 06 April 2018, 1 comment. Categories: Enterprise, IIoT, IoT, Security.

Organisations fear IoT security attacks – but are not actively monitoring risks

Almost every organisation polled by the Ponemon Institute and Shared Assessments say they fear a ‘catastrophic’ security event related to an unsecured IoT device – yet only a third actively monitor for IoT-related third-party risks.

The study, which surveyed 605 individuals in corporate governance, found the average number of IoT devices in the workplace is set to increase by 55% over the coming year. 81% of those polled said a data breach caused by unsecured IoT devices was...

By James Bourne, 27 March 2018, 0 comments. Categories: IoT, Security.

Gartner: Global expenditure on IoT security to hit $1.5 billion in 2018

A new report from Gartner has projected that expenditure on IoT security across the globe will hit $1.5 billion in 2018 from $1.2 billion in 2017 due to the growing efforts from enterprises to shield themselves from IoT-based threats.

The analyst firm found that over the last three years, nearly 20% of enterprises were hit by at least one IoT-based attack.

Ruggero Contu, research director at Gartner, said: "We expect to see demand for tools and services aimed at improving discovery and asset management,...

By IoT News, 23 March 2018, 0 comments. Categories: IoT, Manufacturing, Oil & Gas, Security.

Assessing three pressing cyber threats for IoT in 2018

Every year we see new pressing cyber threats, from new targets for hackers to new issues cropping up in the cybersecurity space. 2018 will be no different. One area that has recently got a lot of attention is IoT devices, as the use of such devices has increased in both the public and private sectors. Here at Silobreaker we are keen to highlight three pressing cyber threats to IoT devices that we believe enterprises need to be aware of:

Industrial take-downs

By 2020 it is expected that 25% of cyber-attacks will target IoT...

By Kristofer Mansson, 12 March 2018, 0 comments. Categories: IoT, Security.

Security risk against enterprises continues undimmed as IoT popularity grows

The increased popularity of the IoT leading to growing adoption is one of the main reasons for more cybersecurity attacks against enterprises and utilities, according to a new Navigant Research report.

The report, titled “Managing IoT Cybersecurity Threats in the Energy Cloud Ecosystem”, evaluates cybersecurity threats in relation to IoT affecting enterprises and utilities alike. With IoT popularity, new threats are coming in and the need for a stronger IoT security lingers.

According to the...

By IoT News, 08 March 2018, 0 comments. Categories: Enterprise, IoT, Security.

Live, die, repeat: The security shortcuts endangering IoT device adoption

IoT devices are repeatedly exhibiting the same flaws creating a massive vulnerable attack surface which will inevitably lead to more major attacks. We’ve already seen DDoS attacks increase 91 percent over the course of 2017 due to vulnerable deployed devices, yet estimates suggest only 9 percent of IoT vendor budgets are spent on security. This pitiful investment is leading to shortcuts and a ‘live, die, repeat’ attitude to development that...

By Andrew Tierney, 15 February 2018, 1 comment. Categories: IoT, Security, Standards.

Only one in four organisations can protect themselves against IoT threats, says survey

A survey from UK-based firm Databarracks has found that only 27% of organisations polled feel able to protect themselves against IoT threats.

Based on the findings, its managing director Peter Groucutt has said that organisations must now factor IoT into their continuity planning.

“The IoT device market is still relatively immature and somewhat of a Wild West,” said Groucutt. “According to industry experts, by 2020 there will be over 50 billion connected devices. Understandably,...

By IoT News, 06 February 2018, 0 comments. Categories: IoT, Security.