Study: Financial Firms Hit Hard By Targeted Attacks

In-brief: A new report from the firm Websense finds that financial services firms are being hit hard by cyber attacks, including targeted attacks aimed at luring employees into installing malicious software on corporate networks.

Spark OS Nest

On the Internet of Things, Cheap may Cost You | VentureBeat

Venturebeat has a nice, contributed blog post by Michael Daly, of Raytheon on the lurking problem of device insecurity within the consumer Internet of Things. As Daly sees it, mass adoption of Internet of Things technologies seems destined to leave us with environments populated by low-cost and vulnerable devices whose makers don’t consider their wares valuable enough to maintain. From the article: “Offering a constant stream of security patches and updates to keep low-cost devices safe and functional for the long-term requires money. If vulnerabilities are discovered, patches or updates might be issued, but only in the first year or two. The vendor expectation is that users will need to buy a full replacement or live with the risks — not to mention that users are not very likely to manage patches and updates for non-critical devices.” In contrast to the kinds of managed networks we’re used to – with vendors […]