Significant lack in awareness of IoT security among IT leaders, study finds

A survey conducted by IT security firm Trend Micro has revealed that 86% of IT and security decision makers around the world believe their organisations need to enhance their awareness of IoT threats.

This is due to significant lack of knowledge which accompanies rising threat levels and security challenges related to connected devices that place organisations in a compromising position, the report added.

By IoT News, 21 November 2018, 0 comments. Categories: IoT, Security.

Mozilla assesses the security of this season’s IoT gifts

Mozilla has released the 2018 edition of its 'Privacy Not Included' guide which assesses the security of IoT gifts this festive season.

The guide breaks down whether each device is safe and can be trusted, especially when it comes to gifts designed for children.

We’ve already seen things such as connected teddy bears being hacked. Mozilla is warning people to steer clear of the Fredi Baby Monitor citing its lack of encryption, use of the default password ‘123’, no privacy policy, and...

By Ryan Daws, 15 November 2018, 0 comments. Categories: IoT, Security, Smart Homes.

Opinion: How IoT device manufacturers should take security to the edge

We’ve come a long way from the mainframe computing environments of the '50s, and you don’t hear much complaining about it. Renting computing power back in the day required you to physically go to the mainframe — an impractical situation at best.

With the advent of distributed computing going mainstream in the '90s, people all over the world could use networked computers to take advantage of the power of many. Today, Amazon Web Services, Google Cloud, Microsoft, and others are now the...

By Brad Thies, 12 November 2018, 0 comments. Categories: IoT, Security.

Crypto Quantique claims launch of first quantum-driven secure chip on silicon to strengthen IoT security

UK-based Crypto Quantique has announced the launch of what is being claimed as the world’s most advanced security product for IoT devices – with a quantum edge.

The technology behind this solution includes world's first quantum driven secure chip (QDSC) on silicon which, when combined with cryptographic APIs, provides highly scalable, easy-to-implement and seamless end-to-end security for any connected device.

By IoT News, 18 October 2018, 0 comments. Categories: IoT, Security.

UK government launches IoT security code of practice – HP and Centrica Hive sign up

The race to standardisation in the Internet of Things (IoT), particularly when it comes to security, is a long and knotted one. Getting security baked in at the design stage is increasingly important – and it is with that goal in mind that the UK government has announced a Code of Practice around consumer IoT.

HP and Centrica Hive are the first two companies to have signed up to the agreement to help manufacturers bolster...

By James Bourne, 16 October 2018, 0 comments. Categories: Data & Analytics, IoT, Security, Standards.

AT&T and Ericsson partner up for IoT cybersecurity

AT&T and Ericsson are teaming up to provide comprehensive testing for organisations to safeguard connected devices.

According to AT&T, only 10% of its surveyed organisations say they are confident about their devices having sufficient security measures in place. The operator has seen an increase in vulnerability scans of IoT devices at the company in the last two years.

By IoT News, 27 September 2018, 0 comments. Categories: Data & Analytics, Enterprise, IoT, Security.

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.

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%...

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.