Technology

Report: Samsung Investing In IoT Security

South Korean electronics giant Samsung Electronics Co. said on Tuesday that it will invest heavily in security for the Internet of Things sector, citing security for IoT as a ‘key future technology’ alongside energy storage and harvesting.   The report on Tuesday, from South Korea’s Yonhap News Service said Samsung, currently the world’s top maker of mobile phones, said Samsung is soliciting proposals on IoT security algorithms and protocols through the end of June. Possible applications include “biometrics, smart structures and advanced traffic networks,” according to Yonhap. The announcement comes by way of Samsung’s Future Technology Fostering Center, a research group that the company established last year to help keep it on the cutting edge in technology. According to published reports, Samsung has pledged 1.5 trillion won ($1.34 billion) over 10 years to fund the Center. Approximately 750 billion won ($670 million) will be allocated to research projects through 2017.

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Bad Actor: With Update, LG Says No Monitoring, No Smart TV!

Customers of consumer electronics giant LG are raising alarm about a recent software update that asks owners to agree to have their viewing behavior tracked and monitored, or see their ‘smart’ TVs made dumb: with access to features like YouTube and Netflix disabled. Owners of some models of LG brand SmartTVs who have applied a recent firmware have taken to blogs to complain about a firmware update for their TVs that prompt them to agree to lengthy new Terms of Service and Privacy Agreements. The revised documents grant LG permission to monitor and record their viewing habits and their interactions with the device, including voice commands. Users who do not agree to the new terms find many of their smart TV features disabled, according to customer testimony and an analysis by one independent IT researcher. The prompt to read and accept a new “Legal Notice,” “Terms of Use” and “Privacy Policy” appears when SmartTV users first […]

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Akamai: New DoS Tool Leads To Resurgence of SNMP Attacks

The security firm Akamai issued an advisory to customers on Thursday warning that a new software tool for managing distributed denial of service (DDoS) attacks was leading to a resurgence in large-scale attacks that use Simple Network Management Protocol (SNMP) traffic to overwhelm web sites.   The Threat Advisory (reg wall) was issued by Akamai’s Prolexic Security Engineering and Response Team (or PLXsert). According to the advisory, Akamai began noticing a resurgence in DDoS attacks using SNMP on April 11. The company said that firms in industry verticals including consumer goods, gaming, online hosting and Software-as-a-Service and non-profits had all been targeted.   [Read more Security Ledger coverage of DDoS attacks here.] The company has identified new- and updated tools in the cyber underground, including one dubbed SNMP Reflector – that are enabling the attacks. Simple Network Management Protocol (SNMP) is a protocol that is used for managing devices on a network including […]

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China Hacking Indictments Day 2: Now For The Blowback

The big news yesterday was about the U.S. Justice Department announcing the first-ever criminal charges against a foreign country for cyberspying. The news today may well be about China (and other countries) taking retaliatory actions, including similar legal steps against individuals in this country, working on behalf of the NSA, CIA or other government agencies. The Justice Department on Monday announced that a grand jury in the Western District of Pennsylvania indicted five Chinese citizens (PDF) for charges that include computer hacking and economic espionage directed at six American companies in the nuclear power, metals and solar products industries. The indictment alleges that the five defendants conspired to hack into American companies on behalf of competitors in China, including state-owned enterprises.  The stolen information included intellectual property that would allow the Chinese firms to better compete with their American competitors. The hackers also stole confidential information regarding business negotiations and other deals that would aid the Chinese […]

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WSJ: Samsung Looks To Iris Scans To Secure Mobile Devices

Min-Jeong Lee has an interesting article over at The Wall Street Journal Digits blog on how mobile device maker Samsung is looking to expand its use of biometric sensors in mobile devices beyond the finger-print scanners that are now the state of the art. According to the article, Samsung is considering “various types of biometric [mechanisms]” in addition to fingerprint scanners. Samsung’s senior vice president Rhee In-jong told analysts and investors at a forum in Hong Kong on Monday that iris scanners are a top consideration. “One of things that everybody is looking at is iris detection,” Rhee said. The biometric features are part of Samsung’s enterprise-focused mobile software, dubbed “Knox.”According to Rhee, only a small portion of some 80 million Samsung devices that shipped with the Knox software, which provides additional security functions for use by businesses, such as hardware based “TrustZone” technology to isolate sensitive data, virtualization for data- […]

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