New research shows consumers continue to see significant risk in IoT device security

Consumers continue to be intrigued by IoT devices – yet almost two thirds polled by Dynatrace admit they have already encountered performance issues with serious injury a potential risk.

The study, titled ‘IoT Consumer Confidence Report: Challenges for Enterprise Cloud Monitoring on the Horizon’ and which polled 10,000 consumers globally, poured scorn on the security of connected devices amid consumer...

By James Bourne, 21 August 2018, 0 comments. Categories: Connected Cars, IoT, Security.

Report reveals significant rise in exploits targeting three major IoT vulnerabilities

Cybersecurity solutions provider Check Point Software Technologies’ latest Global Threat Index for July 2018 reveals a significant rise in exploits targeting three major IoT vulnerabilities. According to the company, these attacks, which are linked to the propagation of IoT malware like Mirai, IoTroop/Reaper and VPNFilter, have more than doubled since May.

The top 10 ‘most exploited’ list includes MVPower DVR router Remote Code Execution at fifth position; D Link DSL-2750B router Remote...

By IoT News, 16 August 2018, 0 comments. Categories: Data & Analytics, IoT, Security.

Hackers connected an IoT parking kiosk to porn in ‘grey hat’ attack

Hackers connected an IoT parking kiosk to a porn site in what appears to have been a 'grey hat’ attack without malicious intent.

The most well-known labels for hackers are ‘black hats’ or ‘white hats’ to indicate whether hackers intend to cause damage, or whether they intend to find vulnerabilities to protect a system from being compromised.

Grey hats are somewhere in-between and often cause mischief to highlight vulnerabilities but aren’t out to cause danger or lasting...

By Ryan Daws, 01 August 2018, 0 comments. Categories: IoT, Security, Smart Cities.

IoT security spending to hit $6 billion by 2023, says Juniper Research

Global spending on IoT security will hit more than $6 billion by 2023, according to the latest study from Juniper Research.

The study, titled “The Internet of Things for Security Providers: Opportunities, Strategies & Forecasts 2018-2023”, claims that increasing business risks and regulatory minimum standards would help drive spending on IoT security.

Steffen Sorrell, principal analyst at Juniper and research author, said: “The interconnected nature of the IoT means that even innocuous...

By IoT News, 12 July 2018, 0 comments. Categories: Data & Analytics, IoT, Security.

Fairhair Alliance aims to address IoT infrastructure security risks in new whitepaper

A new whitepaper titled ‘Security Architecture for the Internet of Things (IoT) in Commercial Buildings’ released by Fairhair Alliance states that organisations must deal with online security risks in a common IP-based infrastructure.

Sharing a common IP-based infrastructure proves to be beneficial for building automation and control systems in commercial buildings. Thease includes centralised monitoring and control, real-time insights and status updates across the entire building, remote access...

By IoT News, 26 June 2018, 0 comments. Categories: Data & Analytics, IoT, Security.

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.