connected devices

Convergence of M2M and IoT signals Major Cultural Shift

Required reading for Monday: TechCrunch has a nice little explainer article by @ArtyomAstafurov (of DeviceHive) that talks about the evolution of machine-to-machine (M2M) technologies into the Internet of Things and how the two technology trends are now indistinguishable- and are poised to cause large-scale disruption. To quote Astafurov: “IoT separates itself from M2M not only in the simplicity and quantity of devices involved, but also by how the devices communicate with each other…Whereas M2M tends to rely on point-to-point exchanges between individual devices, IoT communications involve dispersed devices sharing data through a central server, resulting in exponentially more data based on the relationships and patterns that emerge.” And the IoT will drive massive investment in products and technologies that can capture, aggregate and analyze consumer data. This will be akin to the kind of investment corporations put into ERP (enterprise resource planning) tools a decade ago, he says. Though the focus of IoT right […]

Refrigerator Spam And Other Tall Tales: The Enterprise IoT Risk

On Thursday, I will chair an excellent discussion of security and the Internet of Things at the Qualys Security Conference (QSC) in Las Vegas. The discussion has the working title “Refrigerator Spam and Other Tall Tales: Assessing the Real Internet of Things Risk for Your Organization.“  As the title suggests, we’ll be disclaiming the FUD (fear, uncertainty and doubt) that surrounds much of the IoT and security space, while also highlighting the real risks that more and diverse connected devices pose to enterprises. I’ll be joined on stage by some truly exceptional minds. Among them: Danny McPherson, the Senior Vice President and Chief Security Officer at Verisign and Jonathan Trull, Chief Information Security Officer, Qualys. (Jon was our guest at the first Security Ledger/Invincea CISO hangout last week.). On stage with us will be Chris Rezendes, the President of INEX Advisors and one of our moderators at The Security of Things Forum.  We’ll also be joined […]

The IoT Comes To Chicago: IoT World Forum

The Internet of Things is increasingly an industry unto itself, with the conferences to prove it. And “no,” I’m not just talking about The Security of Things Forum – Security Ledger’s own IoT and security show. (Videos from our first annual show are now available, by the way. Register to view them here.) No: there are forums and symposiums focused on all different aspects of IoT: smart cities, design, wearables, and so on. There’s O’Reilly’s Solid, GigaOm Structure and any number of smaller, regional events. I’m at one of the more prominent IoT shows this week: The Internet of Things World Forum (IoTWF), which is sponsored by Cisco Systems. I’m moderating a really interesting panel that addresses a critical issue: the ways in with information technology (IT), operations technology (OT) and consumer technology (CT) converge in the IoT. These are three areas that, until recently, were separate. But a variety of developments […]

White House Cyber Chief: JP Morgan Underscores Critical Infrastructure Risk

The White House’s cyber security czar, Michael Daniel, said the Obama Administration is deeply concerned about the reported hack of systems belonging to banking giant JP Morgan Chase & Co. but sees the incident as part of a larger trend of attacks against U.S. critical infrastructure. Asked about the targeted attack against JP Morgan and other banks and financial institutions, Daniel said that the White House was concerned, but not surprised by the incident. “We have watched for several years the trend of malicious actors in cyber try to figure out how to target critical infrastructure,” he said. “Financial services is critical infrastructure.” The White House was concerned that a major U.S. bank would fall victim to hackers, but sees it in the context of a “broad trend,” rather than an isolated incident, he said. Speaking with Michael Farrell, the Cybersecurity Editor at Christian Science Monitor, Daniel hit on many of the now-common talking […]

McKinsey: Consumers Want Connected Cars – And Fear Them, Too

The consulting firm McKinsey & Co. has released an interesting report on the future of connected vehicles. But it has some sobering data for car makers: concerns about privacy and the possibility that connected cars could be hacked are major concerns for consumers that could dampen enthusiasm for smart vehicles. The report, “What’s Driving the Connected Car?” finds that connectivity features will be a major driver of car sales in the coming years, with car buyers increasingly accustomed to vehicles that sport sophisticated interactive and networking features. That said: security concerns may hamper the “rapid and broad adoption” of connected vehicle technology. For its report, McKinsey interviewed 2,000 new car buyers in four countries: Brazil, China, Germany and the U.S. The survey found that a quarter of respondents considered connectivity a more important feature than engine power or even fuel efficiency. The firm estimates that connectivity features will become increasingly important selling features […]