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.

Alibaba Cloud and Infineon team up for IoT partnership to digitally upgrade Chinese enterprises and cities

The areas of ‘smart life’ and ‘smart industry’ are set to get a boost, as German semiconductor manufacturer Infineon Technologies and China’s Alibaba Cloud have signed a memorandum of understanding (MoU) to support both the fields by helping Chinese enterprises and cities to go through a seamless digital transition.

Infineon, which is an active promoter and practitioner of Industry 4.0, will leverage its own core technology and service advantages in the field of IoT to work...

By IoT News, 13 August 2018, 0 comments. Categories: Enterprise, IoT, Smart Cities.

Arm acquires Treasure Data to enable device-to-data IoT platform capability

Arm has announced the acquisition of enterprise data management provider Treasure Data in order to become the ‘final piece of the company’s IoT enablement puzzle.’

The move will see technology from Treasure Data, alongside another recent acquisition in connectivity management provider Stream, combine to form what Arm is calling the Pelion IoT Platform, which will ‘enable companies to seamlessly and securely connect and manage IoT devices and data at any scale’, in the words of...

By IoT News, 03 August 2018, 0 comments. Categories: Development, Enterprise, IoT.

Sierra Wireless launches AirLink LX40 router for IoT and enterprise use cases

Sierra Wireless has introduced what it claims to be the industry’s most compact cellular router, called AirLink LX40, for the IoT.

The router comes in two variants: LTE-M/NB-IoT (up to 300 Kbps downlink) for enhanced coverage and LTE Cat-4 (up to 150Mbps downlink) for higher throughput. The LX40 supports data processing at the edge and is suitable for connecting cameras, smart lockers and point-of-sale terminals, as well as industrial remote data logging and sensing equipment in indoor or...

By IoT News, 02 August 2018, 0 comments. Categories: Development, IoT, Standards.

Nokia and Current by GE teaming up to bring smart city technology across Canada

Nokia is joining hands with Current, a GE-owned energy management provider, to deploy edge smart city technology across Canada.

Both companies will help cities in Canada improve operational infrastructure and expand new services to citizens. Under the commercial partnership agreement, Nokia will be able to gain access to Current by GE’s CityIQ platform technology.

CityIQ will repurpose outdoor street lighting into digital infrastructure that collects data and distributes valuable insights to cities via...

By IoT News, 25 July 2018, 0 comments. Categories: IoT, Smart Cities.

Perch secures $1.7 million in funding to help enhance retail through IoT technologies

Perch, a provider of interactive retail marketing through the Internet of Things, has raised more than $1.7 million in a recently held seed funding round that was led by The Visuality Corporation, Corigin Ventures and leading angel investors.

The company announced a new augmented reality campaign management system, enhanced computer vision and sensing capabilities within its platform. It has also expanded the list of its retail clients, which include Johnson & Johnson, Estee Lauder, Coty, Kate Spade...

By IoT News, 25 July 2018, 0 comments. Categories: Development, IoT.

New research explores endpoint confusion when securing the IIoT

To make sure the Industrial Internet of Things (IIoT) is as secure as it can be, it needs to be secured at the endpoint level. There’s just one problem though: what is an endpoint, anyway?

A survey of more than 200 industrial executives from the SANS Institute concludes that while security of endpoints is the primary concern for IIoT, having a relatively small number of connected devices does not mean you have a manageable amount of endpoints to consider.

40% of respondents said they had fewer than 100...

By IoT News, 24 July 2018, 0 comments. Categories: Enterprise, IIoT, IoT.

Xage Security raises $12 million to take blockchain security to Industrial Internet of Things

Xage Security, a blockchain security platform provider for the Industrial Internet of Things (IIoT), has raised $12 million in a series A funding round which would be utilised to further develop its security fabric for edge IIoT networks and essential national infrastructure.

The funds will help bolster its tech team and fortify its implementation capabilities and expand the scope of its technology, as Xage supports innovations such as decentralised energy production, 5G...

By IoT News, 24 July 2018, 0 comments. Categories: Enterprise, IIoT.

Bosch and Daimler teaming up for connected car and AI initiatives

A Californian metropolis will soon become pilot city for fully-automated and driverless driving -- thanks to Bosch and Daimler who are speeding up the SAE Level 4/5 tech in the city.

The chosen city will see a fleet of autonomous shuttle service on selected routes in the San Francisco Bay in Silicon Valley, which will be operated by Daimler Mobility Services. The pilot project will demonstrate how mobility services, such as car sharing (car2go), ride-hailing (mytaxi) and multi-modal platforms (moovel), can...

By IoT News, 23 July 2018, 0 comments. Categories: AI, Connected Cars, IoT.

IBM showcases Watson momentum in Europe as well as cloud success

IBM is certainly making progress in Europe if recent releases are anything to go by – both in cloud and with its AI-enabled assistant Watson.

Many of the company’s new European clients are using Watson, according to a momentum release, including Spanish electricity grid operator Red Eléctrica de España, Italian elderly care provider Cooperativa Sole, Dutch telecommunications operator Tele2 and Israeli manufacturer of smart air conditioning Electra Group.

Bret Greenstein, global vice...

By IoT News, 23 July 2018, 0 comments. Categories: AI, Data & Analytics, IoT.

GE and Microsoft team up in largest partnership yet to aid digital transformation initiatives

GE and Microsoft are extending their partnership agreement to remove the issues that industries face in advancing digital transformation projects. Both companies are planning to bring their respective operational technology and information technology together to accomplish the task.

Under the deal, GE Digital plans to standardise its Predix solutions on Microsoft Azure and deeply integrate the Predix portfolio with Azure’s native cloud capabilities, including Azure IoT and Azure Data and Analytics. The...

By IoT News, 17 July 2018, 0 comments. Categories: Enterprise, IIoT, IoT.

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.

London and Singapore top rankings again as world’s smartest cities

London, Singapore and Seoul make up the top three ‘smartest’ cities worldwide, according to new research from the Eden Strategy Institute.

The 2018-19 study, in partnership with ONG&ONG Experience Design (OXD), involved 140 smart cities ranked across 10 vectors; clarity of vision, leadership, budget, provision of financial incentives, support programmes, talent readiness, a people-centric approach, development of an innovation ecosystem, implementation of ‘smart’ policies and,...

By IoT News, 11 July 2018, 0 comments. Categories: IoT, Smart Cities.

Liege gets smart parking through NB-IoT technology – and a new partnership

Belgium-based CommuniThings has partnered with Orange to launch the first smart-parking solution over NB-IoT technology for commercial use.

Dubbed as "Shop & Drive", the solution assists commuters to find available parking space via a mobile application at the same time as stimulating shopping activities through increased vehicle rotations at each spot. This Shop & Drive smart parking solution running on Orange Belgium's Mobile IoT network introduces low-power wireless sensors and...

By IoT News, 04 July 2018, 0 comments. Categories: IoT, Smart Cities.

European IoT scene gets boost with two new investments from Breed Reply

Breed Reply, a UK-based active operational investor in early-stage IoT businesses, has recently invested in two new IoT startups: Norway-based CageEye and Germany-based ubirch.

Since they were launched, both have obtained a total of €5.8 million in funding, including this investment round. This is nothing more than a strategic move for Breed Reply, as investing in these new ventures allows it to expand its pan-European investment portfolio which has now increased to 22 in a variety of different...

By IoT News, 03 July 2018, 0 comments. Categories: Development, Enterprise, IoT.

Ericsson and China Mobile continue IoT collaboration with recent updates

Ericsson and China Mobile have signed a cooperation agreement around the Swedish operator’s Device Connection Platform in order to strengthen the latter’s IoT goals.

The agreement, signed at Mobile World Congress Shanghai last week, is based on the strategic cooperation framework agreements which the two firms signed at MWC in Barcelona this year for the expansion of IoT opportunities in industry and enterprises.

Qiao Hui, general manager of China Mobile IoT, said: “By launching DCP, we will...

By IoT News, 02 July 2018, 0 comments. Categories: Data & Analytics, Enterprise, IoT, Standards.

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.

AT&T to bring NB-IoT to US and Mexico

AT&T has announced that it would be bringing its NarrowBand Internet of Things (NB-IoT) technology to its customers in the US and Mexico. According to the company, the technology would be complimenting to their LTE-M network which is already present in the two countries.

Both NB-IoT and LTE-M are Low-Power Wide-Area (LPWA) technologies that play a crucial role in IoT deployment. AT&T said that in the US, the NB-IoT would be launched in early 2019; whereas in Mexico it would be launched by the end of...

By IoT News, 21 June 2018, 0 comments. Categories: Development, IoT.

Crate.io raises $11 million in series A funding to push SQL IoT data platform

Crate.io has raised $11 million in Series A funding to push development of its vision for an open source SQL database for real-time machine data and IoT applications.

The funding round was led by Zetta Venture Partners and Deutsche Invest Equity with participation from Mike Chalfen, Momenta Partners and Charlie Songhurst. According to the company, existing investors Draper Esprit, Vito Ventures and Solomon Hykes also participated in the round, which will be used to boost the growth and adoption of both the...

By IoT News, 20 June 2018, 0 comments. Categories: Data & Analytics, Development, IoT.