Manufacturing

Verizon: 5 Billion Business IoT Connections by 2020

    In-brief: A report by Verizon finds business adoption of IoT is growing quickly, boosting that company’s Internet of Things numbers. But increased business adoption of IoT brings risks to privacy and security.

Who gets to talk to your Fridge? | O’Reilly Radar

In-brief: an article on O’Reilly’s Radar site raises important questions about what kinds of connections and data sharing should be allowed on the Internet of Things – and how consumer privacy can be protected.

an image of a metal tower of Power Lines

New Firm Sniffs Power Consumption to detect Malware

  In-brief: A new company, PFP Cybersecurity, says it can detect malware infections almost instantly by analyzing changes in the way infected devices consume power. The company is targeting industrial control system and critical infrastructure with new products. 

Banking Trojans Pose as SCADA Software to Infect Manufacturers

Dark Reading’s Kelly Higgins has a report about a discovery by a security researcher who has identified a worrying new trend: banking malware that is posing as legitimate ICS software updates and files in order to compromise systems that run manufacturing plants and other facilities. Higgins writes about research by Kyle Wilhoit, senior threat researcher with Trend Micro. Wilhoit claims to have found 13 different crimeware variants disguised as SCADA and industrial control system (ICS) software. The malware posed as human machine interface (HMI) products, including Siemens’ Simatic WinCC, GE’s Cimplicity, and as device drivers by Advantech.   [Read more Security Ledger coverage of threats to SCADA and industrial control systems here.]The attacks appear to be coming from traditional cybercriminals rather than nation-state attackers. The motive, Wilhoit theorizes, is to make money, possibly by harvesting banking credentials or other financial information. Malicious software that can operate in industrial environments and critical infrastructure settings is an […]

Cyberattack Inflicts Massive Damage on German Steel Factory

  A report released this week from Germany’s Federal Office for Information Security said that a German steel manufacturing plant was severely damaged by a cyber-physical attack this year. The incident was mentioned in an annual report by the Bundesamt für Sicherheit in der Informationstechnik (or BSI), which provided a summary of cyber security issues and incidents affecting Germany. According to the report, a German steel manufacturing facility was the victim of a “targeted attack” that the report labeled an “APT” or “advanced persistent threat” style attack.  [Read more Security Ledger coverage of APT-style attacks.] The attackers used a sophisticated spear-phishing e-mail and social engineering to get access to the office network at the steelworks, the report claims. “From there, they worked successively to production networks.” The malicious code disrupted the function of control system components that led to a blast furnace not being able to be turned off in a regulated fashion. “The result (was) massive damage […]