Google has gone on an acquisition tear in the last six weeks that has many tech industry watchers wondering about the company’s future direction – particularly when it comes to the Internet of Things. Since the beginning of the fourth quarter, 2013, Google has acquired 14 companies with the latest, a $650 million buy of UK-based artificial intelligence software firm DeepMind Technologies hitting the wires yesterday. In addition to the DeepMind buy, Google spent $40 million on Flutter, a maker of gesture recognition technology and $23 million on FlexyCore, maker of the DroidBooster App for Android. Earlier this month, it plunked $3.2 billion down for super hot smart home gear maker Nest. Google’s size makes the exact amount spent on the other acquisitions is something of a matter of speculation. Google only has to disclose transactions that are deemed ‘material’ to the company’s finances – a number somewhere between $10m […]
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US Allows More Talk About Surveillance Orders
The U.S. Department of Justice has acceded to requests from some large, technology firms, allowing them to post more specific information about government requests for data on their users, according to a report by The New York Times. In a statement released on Monday, Attorney General Eric Holder and James R. Clapper, the Director of National Intelligence, the new rules allowing some declassification followed a speech by President Obama calling for intelligence reform. “The administration is acting to allow more detailed disclosures about the number of national security orders and requests issued to communications providers, and the number of customer accounts targeted under those orders and requests including the underlying legal authorities,” the joint statement reads. “Through these new reporting methods, communications providers will be permitted to disclose more information than ever before to their customers.” [Read more Security Ledger coverage of the NSA surveillance story.] Previously, companies were prohibited from […]
Are Wearables The Future Of Authentication?
CIO Magazine has an interesting round-up piece that looks at the enterprise impact of wearable technology, which you can read here. Much of this is what you’d expect: FitBit, Google Glass and the (coming) tsunami of smart watches that will soon wash over us. The Cliff’s Notes version is that adoption of wearables will be rapid in verticals that are positioned to leverage the technology early on – such as healthcare and retail. But the piece argues that enterprises risk ‘missing’ the wearable wave in the same way that they ‘missed’ (or at least didn’t plan for) the mobile computing revolution. What might planning entail? Pilots, apparently – maybe of Google Glass or a competing technology. [Read more Security Ledger coverage of wearable technology. ] An interesting side note concerns a possible enterprise ‘killer app’ for wearables; authentication. The article quotes Forrester Analyst J.P. Gownders saying that wearable technology, with integrated biometric […]
Cisco Eyes Security Services For Connected Cars
Connected vehicles are a big new area of investment. We saw evidence of that at the recent Consumer Electronics Show (CES) and we’re hearing a lot more about it this week, as carmakers strut their stuff at the North American International Auto Show. Security isn’t generally part of the conversation, but as we’ve noted here on more than one occasion: connected vehicles introduce a myriad of challenging security problems, from authentication to communications and system integrity, not to mention data privacy. [Read more Security Ledger coverage of connected vehicles here.] Now networking giant Cisco says that it sees a role for its technology in protecting vehicle area networks (VANs), just as the company’s networking equipment enabled and protected local and wide area networks (LANs and WANs) over the last two decades. In a blog post, Cisco said it is rolling out “a range of products and services” that it […]
When The Internet of Things Attacks! Parsing The IoT Botnet Story
I spent most of last week at a conference in Florida going deep on the security of critical infrastructure – you know: the software that runs power plants and manufacturing lines. (More to come on that!) While there, the security firm Proofpoint released a statement saying that it had evidence that a spam botnet was using “Internet of Things” devices. The company said on January 16 that a spam campaign totaling 750,000 malicious emails originated with a botnet made up of “more than 100,000 everyday consumer gadgets” including home networking routers, multi media centers, televisions and at least one refrigerator.” Proofpoint claims it is the “first time the industry has reported actual proof of such a cyber attack involving common appliances.” [Read: “Missing in action at Black Hat: the PC.”] Heady stuff – but is it true? It’s hard to know for sure. As with all these reports, it’s important […]
