Retail

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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New England IoT: A Conversation Next Week On Cloud, Security and Internet of Things

One of the challenges of talking about security in the context of Internet of Things is that the Internet of Things (IoT) isn’t a discrete technology, but an umbrella phrase that encompasses a lot of separate innovations: mobility, inexpensive sensors, wireless connectivity, Big Data and so on. One of the biggest moving parts in the IoT puzzle is cloud computing. Cloud infrastructure – whether its Amazon’s Elastic Compute Cloud (EC2) or Google or any of the thousands (millions?) of private cloud – is the back end for almost every IoT product. That presents both opportunities and real challenge for companies that are looking to leverage IoT in their workplace. Next week, I’m going to moderate a panel at an event here in Boston where we’ll tackle some of these issues head-on. The event: The Connected Cloud Summit is taking place in Boston on Thursday, September 18 at The State Room in downtown Boston. […]

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Home Depot Acknowledges Breach of Payment Systems

Almost a week after public reports named Home Depot as a possible victim of a sophisticated cyber attack, the home improvement giant has acknowledged that it was hacked.   In a statement on Monday, Home Depot said that an internal investigation confirmed a “breach of our payment data systems” took place. The breach affects the company’s U.S. and Canadian stores, though not its Mexican locations or online transactions, the company said. The incident also appears to have been long-lived. Home Depot estimates that the breach dates to April, 2014. The company did not say when it was finally shut down – though that date could be as late as July. Home Depot has been investigating the incident since it was first disclosed by Brian Krebs at the blog Krebsonsecurity. Krebs was alerted to the incident after large quantities of stolen credit cards began appearing on cyber criminal forums. Sources at […]

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Report: Deep Links Connect Home Depot, Target Hacks

Security reporter Brian Krebs has an intriguing post from Sunday that suggests a link between the massive breach at Target Stores in late 2013 and the recently alleged compromise of systems at home improvement giant Home Depot. Home Depot has yet to acknowledge any theft of customer data from its computer systems. However, according to Krebs, an unnamed “source close to the Home Depot investigation” told him that an analysis of compromised computers at Home Depot revealed that some of the store’s registers were infected with a new variant of BlackPOS, a malicious software program designed to run on Windows-based point of sale (or POS) systems and steal card data when cards are swiped. BlackPOS was found on point-of-sale systems at Target last year.  In March, the security firm Arbor Networks issued a report that cited BlackPOS as one of a number of point of sale system malware families that cyber criminal groups were using heavily: generating new […]

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Report: Home Depot A Common Thread Linking Trove Of Stolen Credit Cards

Home Depot said it is investigating “some unusual activity” on its networks and working with “banking partners and law enforcement,” after security blogger Brian Krebs named the company as a common thread connecting a trove of stolen credit card accounts that have appeared in underground forums.  Krebs reported on Tuesday that “multiple banks” see evidence that Home Depot stores are the source of a “massive new batch” of stolen credit and debit cards that went on sale this morning in underground “carding” forums. The breach is believed to have affected Home Depot stores throughout North America – around 2,500 stores in total. The company has held off from confirming a breach, so far. And as of early Wednesday, Home Depot’s home page made no mention of the incident. In a statement to Reuters, spokesperson Paula Drake said that the company is holding off pending an internal investigation, and is working with law enforcement. […]

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