Consumers willing to accept the value of IoT despite wafer-thin trust in companies’ data policies

New research from Cisco has explored the pay-off required between value and trust for the Internet of Things (IoT); consumers recognise the value they provide, but are less sure about how their data is being managed and used.

The survey, which polled 3000 consumers, argues that while users are willing to trade value for trust, it is being done increasingly reluctantly – and companies who can solve the transparency issue are set to be welcomed with open arms.

When it comes to value, more than half (53%)...

By James Bourne, 12 December 2017, 0 comments. Categories: IoT, Security.

BlackBerry release guidelines to accelerate connected car security

BlackBerry is aiming to address connected car security concerns with a framework intended to harden them against cyber attacks.

Connected cars herald an era where you no longer just have to protect them from being physically broken into, but also hacked into. Compromised vehicles could pose a threat to safety through remote control, or be used to access sensitive data such as location.

I’ve covered hacks of connected cars on...

By Ryan Daws, 07 December 2017, 0 comments. Categories: Connected Vehicles, Security.

Botnet Wars: Return of the Mirai

Chinese security firm Qihoo 360 Netlab have discovered a new variant of the Mirai botnet which caused havoc last year.

The original Mirai botnet was so destructive that it made national headlines last year in many countries around the world. Internet users found many of their favourite services were inaccessible after hackers used the botnet to DDoS companies such as Dyn, a company that controls much of the internet’s DNS infrastructure.

By Ryan Daws, 29 November 2017, 0 comments. Categories: IoT, Security.

Assessing a sustainable IoT future: Why security and connectivity barriers must be overcome

What will the connected world look like in 2030? According to a new report from Wipro Digital, a sustainable future will be achieved but only if certain barriers are conquered first.

The report, developed together by Wipro and non-profit organization Forum for the Future, found that although 98% of business leaders are sure that data and connectivity will contribute to a sustainable future, only 50% of them utilise them to support such efforts.

According to the study, the future vision for an IoT driven...

By IoT News, 23 November 2017, 0 comments. Categories: Data & Analytics, IoT, Security, Smart Cities.

BlueBorne put billions of IoT devices at risk – including Echo and Google Home

A serious vulnerability affecting billions of IoT devices also put Amazon Echo and Google Home users at risk.

The vulnerability, known as BlueBorne, was discovered by IoT security company Armis and found to put more than five billion devices at risk of attack. Researchers have now confirmed the attack surface included as many as 20 million Amazon Echo and Google Home devices.

If compromised by...

By Ryan Daws, 16 November 2017, 0 comments. Categories: Enterprise, IoT, Security.

Medigate aims to take a new approach to IoT healthcare security with $5.35m funding

The Internet of Things (IoT) is all set to revolutionise the end to end healthcare process; from wearables which collect patient data in real-time, to algorithms which can come up with new diagnoses. Yet securing all of these devices is the major risk.

Meet Medigate. The startup, based out of Israel, has just secured a $5.35 million (£4.08m) funding round for its platform, which secures networked devices alongside medical records, device servers, and other enterprise systems. The capital was raised by...

By James Bourne, 14 November 2017, 0 comments. Categories: Enterprise, Healthcare, IoT, Security.

New report advocates government intervention on IoT security regulations

Is the time right for greater regulation on the Internet of Things – even government-mandated initiatives? According to a new study from Gemalto, 90% of consumers lack confidence in the security of IoT devices while a majority would approve of government intervention.

The study, conducted by Vanson Bourne, which polled more than 1,000 IT and business decision makers and 10,000 consumers, added there was a disparity between IoT device ownership and security knowledge.

More than half (54%) of consumers...

By James Bourne, 31 October 2017, 0 comments. Categories: Development, IoT, Security.

Why the IoT in healthcare could cause serious problems

The Internet of Things (IoT) is evolving into a widespread phenomenon that touches all industries and lifestyles, creating what is supposed to be a world of unprecedented convenience and connectivity. When we look at the immediate advantages of linking our fitness, home security, travel, entertainment and many more facets of our lives to computers or internet networks, it seems like a good idea.

The IoT allows us to do things like check on our homes from remote locations, track our progress on fitness goals...

By Rick Delgado, 23 October 2017, 0 comments. Categories: Enterprise, Healthcare, IoT, Security.

China Telecom and Huawei team up for NB-IoT smart gas whitepaper

Shenzhen Gas, China Telecom, GoldCard and Huawei have joined hands to release a whitepaper that analyses the problems and challenges faced by China’s gas industry.

The document proposes a smart gas solution, involving the solution value, business model, and practice, which are based on the IoT platform and NB-IoT technology.

Gas services in the cities have made great progress, yet they have to struggle with safety issues, customers’ service satisfaction, enterprises’ profitability, and...

By IoT News, 18 October 2017, 0 comments. Categories: Enterprise, IoT, Security.

KRACK Wi-Fi vulnerability disclosed: What it is and what you need to do from here

A serious weakness in the WPA2 Wi-Fi protocol could put almost every wirelessly connected device at risk from a security attack – with IoT-enabled devices at a major risk.

The vulnerability, known as KRACK, for ‘Key Reinstallation Attacks’, was discovered by Mathy Vanhoef of imec-DistriNet, KU Leuven, and puts doubt on the ‘four way handshake’, a method of securing Wi-Fi which has previously been mathematically proven as secure.

If a Wi-Fi network is protected, the four way...

By James Bourne, 17 October 2017, 0 comments. Categories: IoT, Security, Standards.

Panasonic defends connected cars from cyber attacks

Panasonic has launched an automotive intrusion detection and prevention system designed to defend connected cars.

Cyber attacks on vehicles could result in death or injury. Most of these vehicles will be connected over mobile networks and, as our sister publication Telecoms wrote earlier today, these are inherently vulnerable. With this in mind, a system which is able to detect attacks is...

By Ryan Daws, 10 October 2017, 0 comments. Categories: Connected Vehicles, IoT, Security, Smart Cities.

WISeKey reports consolidated preliminary revenue of $14.4 million for Q3 2017

Cybersecurity and IoT solutions provider WISeKey International has estimated that its consolidated preliminary revenue for the third quarter of 2017 will be nearly $14.4 million.

The primary source of the revenue is strong demand for its IoT technology and cybersecurity software as a service (SaaS) products, and a larger client base resulting from strong synergies between these two main verticals. The semiconductor IoT Segment generated revenue of approximately $8.4 million while revenue from the...

By IoT News, 06 October 2017, 0 comments. Categories: Enterprise, IoT, Security.

Intel secures and upscales IoT devices with new secure device onboard launch

Intel has announced the launch of its Secure Device Onboard (SDO) technology, which aims to automate and bring IoT devices online within seconds as opposed to hours.

Announced at the IoT Solutions World Congress, the Intel SDO is being offered to IoT platform providers as a service they can provide their customers, who are willing to take thousands of connected devices onboard. Its “zero touch” model allows devices to dynamically discover the customer’s IoT platform account at power-on for...

By IoT News, 04 October 2017, 0 comments. Categories: Enterprise, IoT, Security.

Vodafone: The number of large-scale IoT projects has doubled in the past year

Vodafone has released its fifth annual IoT Barometer Report providing further insights about the current state of the industry.

The most notable statistic is that the number of companies with more than 50,000 connected devices has doubled in the past 12 months.

Businesses in the Americas are leading the pack with 19 percent of companies having more than 10,000 devices — compared to 12 percent in Europe, and just 7 percent in the Asia-Pacific region.

According to Vodafone, the biggest adopters of...

By Ryan Daws, 27 September 2017, 0 comments. Categories: Enterprise, IoT, Security.

Dealing with the endpoint security weaknesses of the Internet of Things

From vending machines that can autonomously send in refill orders to standalone surveillance cameras, the IoT is showing dramatic growth, and some authorities expect that by 2025 there may be over 75 billion IoT devices in use worldwide. Unfortunately, this poses a great challenge for endpoint and network security monitoring practices, as the exponential...

By Rick Delgado, 22 September 2017, 0 comments. Categories: Enterprise, IoT, Security.

Nest goes after Ring and home security players with latest updates

Nest, the Alphabet-owned smart home automation provider, has issued a variety of roadmap and product updates around home security.

Among the products, as part of an overall home security solution, is a secure alarm system, an outdoor security camera, as well as a video doorbell system.

The move is the “next phase” of Nest’s strategy to “create the thoughtful home,” in the words of CEO Marwan Fawaz. “Today we’re disrupting yet another product industry: home...

By James Bourne, 21 September 2017, 0 comments. Categories: IoT, Security, Smart Homes.

Analysing the five major aspects of poor Internet of Things security

The security market for the Internet of Things (IoT) will reach $37 billion by 2021, according to the analysts at MarketsandMarkets.com. Because there is growing demand for cyber security, there is a lot of money spent to ensure it.

At the start of 2017, experts predicted that gaping holes in IoT would lead to the destruction of critical infrastructure, the growth of competitive intelligence, and the theft of intellectual property. It was also predicted that an increase in DDoS attacks would paralyze the Dyn...

By Suren Arustamyan, 20 September 2017, 0 comments. Categories: IoT, Security.

FDA recalls almost half a million pacemakers over hacking concerns

The FDA has put out a recall for almost half a million pacemakers over fears they are vulnerable to being hacked.

In an episode of TV show Homeland, terrorists plotted to hack the vice president’s pacemaker. At the time some may have found the idea ludicrous, but now it’s a very real possibility faced by nearly half a million people.

The pacemakers affected are manufactured by health company Abbott (formerly St. Jude...

By Ryan Daws, 31 August 2017, 0 comments. Categories: Healthcare, IoT, Security, Wearables.

ZingBox to partner with VMware to enhance enterprise IoT security

ZingBox, a provider of Internet of Things (IoT) security solutions, has announced that it will collaborate with VMware to deliver enhanced security to enterprise IoT implementations.

The two companies will work together to strengthen IoT security by integrating ZingBox's IoT personality-based approach with VMware Pulse IoT Center, an IoT infrastructure management solution. By 2020, over 25% of identified attacks in enterprises will involve IoT, according to Gartner.

The VMware Pulse IoT Center will...

By IoT News, 30 August 2017, 0 comments. Categories: IoT, Security.

ZingBox raises $22 million in series B round led by Dell Technologies and Triventures

IoT security solution provider ZingBox has announced it has raised $22 million (£17.2m) in a series B funding round led by Dell Technologies Capital and Triventures.

The company says it will use the money to ‘meet strong demand’ for IoT Guardian, its product first launched in February which, as this publication reported at the time, was claimed as the industry’s first to...

By James Bourne, 24 August 2017, 0 comments. Categories: Enterprise, IoT, Security.