In-brief: The Federal Trade Commission announced this week that it is creating a new Office of Technology Research and Investigation to expand the FTC’s research into areas such as privacy, data security, connected cars, smart homes, algorithmic transparency, emerging payment methods, big data, and the Internet of Things.
In a newly released report, Europol’s European Cybercrime Center (EC3) warns that the growth of the Internet of Things (IoT) threatens to strengthen the hand of organized cyber criminal groups and make life much more difficult for police and governments that wish to pursue them. EC3’s latest Internet Organized Crime Threat Assessment (iOCTA) says the “Internet of Everything” will greatly complicate the work of law enforcement creating “new opportunities for everything from cyber criminals to state actors to child abusers. The growing numbers of connected devices will greatly expand the “attack surface” available for cyber criminal activity, the EC3 warns. Cyber criminals may co-opt connected devices for use in common criminal activity (like denial of service attacks and spam campaigns). However, advancements like connected (“smart”) vehicles and infrastructure create openings for large scale and disruptive attacks. The report, which was published late last months, is a high level position paper and pulls data mostly […]
A survey of technology experts by the Pew Research Center and Elon University predicts that the Internet of Things will take off in the next decade despite serious concerns about the security of IoT devices and the data they hold. The IoT will gain wide adoption in the next decade, with the result that many aspects of day-to-day life will be transformed by a combination of inexpensive sensors, cloud based computing and data analytics. The report cites a number of likely innovations that will become commonplace by 2025 – from “smart” food products that can report when they are exhausted or spoiled, to smart roads and infrastructure to “subcutaneous sensors or chips that provide patients’ real-time vital signs to self-trackers and medical providers.” The Pew Center canvassed more than 1600 technology leaders and analysts about the Internet of Things and published the findings of the survey on Wednesday. The survey population included […]
Podcast: Play in new window | Download ()Subscribe: Apple Podcasts | Android | Email | Google Podcasts | Stitcher | TuneIn | RSS | https://www.securityledger.com/subscribeThe Internet of Things leverages the same, basic infrastructure as the original Internet – making use of protocols like TCP/IP, HTTP, Telnet and FTP. But the devices look and act very differently from traditional PCs, desktops and servers. Many IoT devices run embedded operating systems or variants of the open source Linux OS. And many are low-power and many are single function: designed to simply listen and observe their environment, then report that data to a central (cloud based repository). But IoT devices are still susceptible to hacking and other malicious attacks, including brute force attacks to crack user names and passwords, injection attacks, man in the middle attacks and other types of spoofing. Despite almost 20 years experience dealing with such threats in the […]
If you work at a rank and file corporation in the U.S. or Europe, stories like those about the breach at the defense contractor Qinetiq are terrifying. Here’s a company that’s on the bleeding edge of technology, making autonomous vehicles and other high-tech gadgetry for the U.S. Military. Despite that, it finds itself the hapless victim of a devastating cyber breach that lasts – by all accounts – for months, or years. In the end, the attackers (likely linked to China’s People’s Liberation Army) make off with the company’s intellectual property (likely all of it) and, soon, defense contractors in Mainland China start turning out devices that look eerily similar to the ones Qinetiq makes. Ouch! If a company like Qinetiq can’t stop an attack by advanced persistent threats (APT) – or whatever name you want to use – what hope do overworked IT admins at rank and file enterprises […]