Future cities under risk of cyberattacks due to insufficient security investment, ABI Research warns

Analyst firm ABI Research has sounded out a pessimistic tone in its latest research report, arguing certain industries will be ‘woefully underfunded and incredibly vulnerable to cyberattacks’ as the IoT ecosystem grows.

The company’s latest smart city cybersecurity application analysis report argues that the financial, information and communication technologies, and defence industries will account for 56% of...

By IoT News, 21 August 2019, 0 comments. Categories: Enterprise, IoT, Security, Smart Cities.

Consumer Watchdog: Mass cyberattack could result in control of connected cars

A report from Consumer Watchdog features 20 anonymous whistleblowers from the connected car industry voicing their concerns about cyberattacks.

Automotive giants are racing to pack their vehicles with connected technology which improves the driving experience and helps their cars stand out. As in any such race, safety considerations often aren’t given the priority required.

Connected technologies such as remote engine starts, adjusting the climate via smartphone, and increasingly automated driving and...

By Ryan Daws, 01 August 2019, 0 comments. Categories: Connected Cars, IoT, Security, Smart Cities.

IBM X-Force: Mirai is increasingly targeting enterprise IoT devices

Researchers from IBM X-Force have found variants of the infamous IoT botnet Mirai are increasingly targeting enterprise devices.

Mirai caused havoc in 2016 when it was used to flood DNS provider Dyn with unprecedented amounts of traffic. Dyn’s downtime impacted some of the world’s most popular services including Twitter, Spotify, PlayStation Network, GitHub, Netflix, and Soundcloud.

There are more than 60 known variants of Mirai. Typically, these variants have sought to infect easily hackable...

By Ryan Daws, 19 July 2019, 0 comments. Categories: Enterprise, Healthcare, IIoT, IoT, Manufacturing, Security.

Trend Micro blocked five million IoT camera hack attempts

Cybersecurity experts from Trend Micro blocked five million attempted hacks of IoT cameras.

IP cameras have become a prime target for hackers. Viewing inside someone’s home or business has clear advantages for someone with malicious intent. This could involve blackmail, or even seeing what items a property holds and whether anyone is around.

Other key reasons provided by Trend Micro for hackers targeting IP cameras include:

  • Constant connectivity. Like many other devices, IP cameras need to be internet-connected to function properly. However, exposure to the internet also makes it easy for hackers to...

By Ryan Daws, 01 July 2019, 0 comments. Categories: IoT, Security, Smart Cities, Smart Homes.

FIDO Alliance announces new identity verification initiatives

California-based FIDO Alliance has announced two new standards and certification initiatives in identity verification and the Internet of Things (IoT).

The initiatives, which are established on the Alliance’s plan to drive the market adoption of its FIDO Authentication product, aim to reinforce identity verification assurance to support account recovery and automate secure device onboarding to remove the use of passwords from...

By IoT News, 27 June 2019, 0 comments. Categories: IoT, Security, Standards.

Accenture acquires Deja vu Security to help organisations with IoT cyber awareness

Seattle-based information security and consulting services firm Deja vu Security has been acquired by Accenture for an undisclosed amount.

Founded in 2011, Deja vu Security is now merged into Accenture Security’s Cyber Defense offerings as part of the acquisition, which is Accenture’s goal of “investing in and innovating” next generation cybersecurity. Accenture noted that IoT security ‘often...

By IoT News, 21 June 2019, 0 comments. Categories: IoT, Security.

Survey: Most consumers view IoT as the “wave of the future” - albeit with security fears

US-based Metova has announced the results of its second annual survey explaining latest consumer trends and the sentiment of more than 1,000 consumers on IoT and connected home technologies – with many viewing it as the ‘wave of the future’ but having concerns over privacy and connected devices.

Among the surveyed consumers, less than 25% of respondents thought that they have a better understanding of the...

By IoT News, 13 June 2019, 0 comments. Categories: Data & Analytics, IoT, Security.

IoT attacks could put a £1bn hole in the UK economy

Research from Irdeto suggests IoT attacks may cost the UK economy over £1 billion per year due to lax security measures.

UK organisations in critical industries such as healthcare, transport, and manufacturing were polled by the Dutch security vendor. Irdeto found attacks on IoT equipment caused £244,000 in losses on average.

Steeve Huin, VP at Irdeto, said:

“Insecure IoT devices and companion apps are essentially low-hanging fruit for cybercriminals, who are increasingly...

By Ryan Daws, 24 May 2019, 0 comments. Categories: Enterprise, Healthcare, IIoT, IoT, Manufacturing, Security, Smart Cities, Smart Homes.

Enterprises need to assess their IoT footprint, argues Zscaler

San Jose-based IT security firm Zscaler’s latest study has found that more than a thousand organisations around the world have more than one IoT device transferring data from the network to the internet through the company’s proprietary cloud platform.

The study, titled “IoT in the Enterprise: An Analysis of Traffic and Threats” and which analysed 56 million IoT device transactions to explore the...

By IoT News, 24 May 2019, 0 comments. Categories: Data & Analytics, Enterprise, IIoT, Security.

How to secure our connected world: An open call to the industry

It’s 2019. The long-anticipated Internet of Things (IoT), despite gaining decent ground over the past few years, still doesn’t quite feel as mature as we were once promised. The technology is there, the appetite is there. What is holding it back?

Three things consistently arise when truly looking at scaling the IoT: 

  • Fear over poor security (exacerbated by destructive attacks and scare-mongering of recent years)
  • Closed ecosystems looking to become the next big thing at the centre of our universe 
  • Widespread access to suitable...

By Michael Moorfield, 17 May 2019, 0 comments. Categories: Development, IoT, Security, Standards.