M2M

Europol Warns of Internet of Things Risk

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 […]

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Redbend-Samsung

Vulnerable Mobile Software Management Tool Reaches Into IoT

You could be forgiven for never having heard of Red Bend Software. The company is small – just 250 employees- and privately held. Red Bend’s headquarters is a suite of offices in a nondescript office park in Waltham, Massachusetts, just off Route 128 – America’s “Silicon Highway.” But the company’s small profile belies a big footprint in the world of mobile devices. Since 2005, more than 2 billion devices running the company’s mobile management software have been sold worldwide. Today, the Red Bend is believed to control between 70 and 90 percent of the market for mobile software management (MSM) technology, which carriers use to service mobile devices. The software enables mobile carriers to do critical tasks, including firmware-over-the-air (FOTA) software updates, mobile device configuration and other on-device changes.  Red Bend counts many of the world’s leading companies in the mobile, enterprise and manufacturing sectors as clients, including Intel, Qualcomm, Samsung, Sharp, LG, Sony, Huawei, China Mobile and Lenovo. For the most part, Red […]

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Rutger Hauer-Bladerunner

Dan Geer’s Other Keynote: Embedded Devices Need A Time To Die

With the Black Hat Conference well under way and DEFCON starting later this week, the security world’s attention will turn to Las Vegas, where some of the cyber security industry’s top researchers and thinkers will be holding court. One of the most anticipated talks is the Black Hat Briefings opening keynote. This year, the honor goes to none other than Dr. Dan Geer, the CISO of In-Q-Tel, the investment arm of the U.S. intelligence sector. Geer’s talk  on Wednesday, August 6, 2014 is entitled “Cybersecurity as Realpolitik.” In anticipation of Dr. Geer’s Black Hat, we’re releasing another recent talk he gave: this one a keynote speech at our May, 2014 Security of Things Forum in Cambridge, MA. In this talk, Dan focused on the security of embedded devices and the fast-emerging Internet of Things. (A full transcript of the talk is available here.) “The embedded systems space, already bigger than what is normally thought of as […]

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Survey: Consumers Growing Wary of Information Sharing

A survey by the business information service Lexis Nexis finds that consumers have grown more wary of programs that ask them to share data in exchange for improved services or other offerings. Editor’s note: LexisNexis has clarified that its survey was released in August, 2013, not October, 2013. The story has been corrected to reflect that information. – Paul 6/4/2014 The survey of  2,072 consumers, aged 21 to 74, was conducted in October 2013 by LexisNexis Risk Solutions. It found consumers were more wary of sharing information online, including at social networking and online banking sites than they were three years earlier. “Consumers are less comfortable with information sharing than three years ago,” the survey concluded. The survey was released in concert with Telematics Detroit 2014, a conference focused on information systems used in vehicles. It was designed to measure consumers’ awareness of- and interest in so-called “use based insurance” (or UBI) – sometimes referred […]

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Internet of Things and Enterprise Risk Panel

Video: The Internet of Things and Enterprise Risk

The Security Ledger recently hosted our inaugural event: The Security of Things Forum (SECOT). This was a high-energy, day long conference in Cambridge, Massachusetts, that brought together subject experts, executives and thought leaders from disparate areas like high tech, finance and industrial systems to talk about the tsunami of change that is the Internet of Things. One of the big questions hovering over the event: how will IoT technologies and services change the security paradigm that we’ve all be operating under- but especially in enterprises. In fact, IoT and enterprise was the topic of our very first discussion of the day: a panel chaired by Chris Rezendes of INEX Advisors, a leading consultancy focusing on IoT. SECoT Forum 2014 – Democratized Data, IOT and Enterprise Risk from Exhibitor Media Group on Vimeo It’s a really big and messy problem. As panelist Ken Pfeil of Pioneer Investments pointed out: the hack of […]

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