Enterprise

Cyber insurance: Only fools rush in | ITworld

Cyber incidents these days tend to follow a familiar pattern: law enforcement is contacted and will begin criminal investigations. Cyber forensic investigators are hired to piece together what happened and security consultants will analyze and remove the malware from any affected systems. Finally: customers who were affected are notified and – typically -offered free credit monitoring services. All of these services come at a cost, of course, as does the business disruption that results. Current cyber insurance policies are structured to recover some or most of those costs. Now companies – from the Fortune 10 on down – are looking to hedge their online risks with various kinds of business insurance. That demand, in turn, is fueling a rapid expansion of the cyber insurance industry that was little more than a niche offering five years ago. But insurance industry experts and corporate security professionals offer words of advice for companies that think they […]

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The Security of Things: Video Available

We held our first ever security and Internet of Things event back in May. The Security of Things Forum took place in Cambridge, MA (“Our Fair City”) on May 7 and brought together about 100 thought leaders and entrepreneurs for a day of discussion and debate about how best to prepare for the explosion of connected devices in the enterprise, the home, the public sector and public spaces. Since then we’ve made a couple of these sessions public: the keynote presentation by In-Q-Tel CISO Dan Geer, and a panel on enterprise risk and IoT, chaired by INEX Advisors’ founder Chris Rezendes. Attendees have had access to all the sessions, as well. But now we’re throwing the doors open to the public and making all the conference sessions available to the public, as well as some 1:1 interviews with our speakers. We invite you all to head on over and check […]

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Is IoT Innovation Outpacing Our Ability To Keep It Safe?

GigaOm has an interesting, high-level piece that looks at the issue of law, liability and the Internet of Things. The article takes off from a discussion at the Download event in New York City earlier this month, wondering whether adoption of Internet of Things technologies like wearables is starting to run far ahead of society’s ability to manage them.   Specifically: is the pace of technology innovation outstripping the ability of our legal system to reign in excess and protect public safety and civil liberties? On the list of ‘what-if’s’ are some familiar questions: How to assign liability. (“If one of Google’s automated cars crashes, is it the fault of the driver or Google?”) Read more Security Ledger coverage of Internet of Things here.  What responsibility to users have to take advantage of safety features in connected products? (Does a parent’s failure to password-protect a baby monitor change the manufacturer’s liability when and […]

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Refrigerator Spam And Other Tall Tales: The Enterprise IoT Risk

On Thursday, I will chair an excellent discussion of security and the Internet of Things at the Qualys Security Conference (QSC) in Las Vegas. The discussion has the working title “Refrigerator Spam and Other Tall Tales: Assessing the Real Internet of Things Risk for Your Organization.“  As the title suggests, we’ll be disclaiming the FUD (fear, uncertainty and doubt) that surrounds much of the IoT and security space, while also highlighting the real risks that more and diverse connected devices pose to enterprises. I’ll be joined on stage by some truly exceptional minds. Among them: Danny McPherson, the Senior Vice President and Chief Security Officer at Verisign and Jonathan Trull, Chief Information Security Officer, Qualys. (Jon was our guest at the first Security Ledger/Invincea CISO hangout last week.). On stage with us will be Chris Rezendes, the President of INEX Advisors and one of our moderators at The Security of Things Forum.  We’ll also be joined […]

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Consumers Embrace IoT And Wearables, Worry About Security Consequences

A new survey of consumer attitudes and expectations about technology finds that a strong majority of Americans expect wearable technology and biometric security to be common within the next decade. The survey, sponsored by the security company McAfee, asked 1,500 U.S. consumers about lifestyle and technology trends in the home and workplace. The results suggest that consumers are already adjusting their expectations about the future to include pervasive connectivity, a wealth of intelligent devices – and some of the problems that come with both. More than 60% of those surveyed by McAfee said they anticipate having connected appliances like refrigerators that will “automatically add food to a running grocery list if the product is running low.” A strong majority of those polled – 84% – said they were convinced their home security systems will be connected to their mobile device. “As technology, especially the Internet of Things, continues to rapidly advance and […]

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