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Samsung said it will invest heavily in security technologies for the Internet of Things in coming years.

Report: Samsung Investing In IoT Security

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.

A new startup promises to unite operational and information technology to spot sophisticated hacks.

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

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 […]

No Silver Bullet For Securing The Internet Of Things

No Silver Bullet For Securing The Internet Of Things

On Wednesday we wrapped up the first-ever Security of Things Forum (SECoT) here in Boston, which was a great success. During a full day of talks and panel discussions, there was a lot of discussion – both on the stage and in the audience. Here are some (high level) take aways from the event: The Internet of Things will be different – really different The combination of technologies that we refer to as the Internet of Things is going to be transformative in ways that are profound. As I said in introductory comments: I see the net effect of this next phase of the Internet as being a leap forward, rather than incremental change – less “invention of the printing press” and more “invention of writing and counting systems.”   Like Internet v.1, the exact direction that the Internet of Things will take is unclear. What is clear is that it […]

Traffic Monitoring Tech Vulnerable To Hacking

Traffic Monitoring Tech Vulnerable To Hacking

Connected cars aren’t the only transportation innovation that’s coming down the pike (pun intended). As we’ve noted before: smart roads and smart infrastructure promise even more transformative changes than – say – having Siri read  your text messages to you through your stereo system. The applications of smart road and connected infrastructure are almost limitless. But at this early stage (mostly proof of concept), much of the light and heat around smart roads is around applications of remote sensors at the roadside, or embedded in the road surface to identify problems like icy roads, the presence of liquids, traffic density, vehicle and pedestrian detection and more. For a nice overview of some sensor applications, check out this video from Liebelium. But that doesn’t mean that attacks against smart infrastructure are problems for the future. The security researcher Cesar Cerrudo points out in a blog post over at IOActive.com that many […]