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.
Internet of Things
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 […]
GE Opens Purse To Boost IoT Security
One of the big questions looming over Internet of Things with regard to cyber security is how well legacy security products will adjust to the IoT context. I think its safe to say that many of the tools and technologies that populate traditional IT environments (think: antivirus) aren’t well suited to use with Internet of Things devices which are often power and resource-constrained. IoT is a “ten-years-from-now” problem for enterprises. But for manufacturers like GE, it’s a “today” problem. That’s why GE is already investing in technology that it thinks is well suited to securing IoT and industrial environments. Last week, the company announced one such deal: acquiring the firm WurldTech of Vancouver Canada. The deal, announced on May 9th, will add Wurldtech’s technology and professional services to GE’s portfolio, with GE saying that Wurldtech products and services will “help to enhance the reliability of Industrial Internet operations.” Wurldtech makes security […]
Pew: IoT Will Take Off By 2025, Despite Security Woes
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 […]
Dan Geer Keynote: Security of Things Forum
The following is a transcript of a speech given by Dr. Dan Geer at the Security of Things Forum on May 7, 2014. The Forum was held at The Sheraton Commander in Cambridge, Massachusetts. The official copy of Dr. Geer’s speech lives on his web site, and can be found here. .Security of Things .Dan Geer, 7 May 14, Cambridge Thank you for your invitation and to the other speakers for their viewpoints and for the shared experience. With respect to this elephant, each of us is one of those twelve blind men. We are at the knee of the curve for deployment of a different model of computation. We’ve had two decades where, in round numbers, laboratories gave us twice the computing for constant dollars every 18 months, twice the disk drive storage capacity for constant dollars every 12 months, and twice the network speed for constant dollars every […]