The Security Ledger with Paul F. Roberts

Recent Posts

Will Big Data Transform Fraud Detection? | SmartData Collective

September 22, 2014 Paul Roberts

The folks over at Smart Data Collective have an interesting story today on Big Data and its (expected) impact on a variety of industries and business practices. Fraud (and fraud detection), it turns out, may be one area that is transformed by better data analytics. According to the article, by Monte Zweben, fraud analytics are posed to be transformed not just by “Big Data,” but by better and faster analytics. The article looks at a variety of industries, including consumer marketing and logistics that stand to benefit from the growth in data and data analytics. Fraud detection is one of them. Zweben cites statistics on the growth of fraud as a global problem. Kroll’s most recent Global Fraud Report found the number of companies falling victim to fraud has increased to 70 per cent. Credit card companies were among the first to embrace “Big Dat” analytics to spot irregularities in patterns of charges […]

With Cars Connected to the Internet, What about Privacy? | Computerworld

September 19, 2014 Paul Roberts

Lucas Mearian has a long and quite thorough article over at Computerworld weighing the possible security and privacy risks posed by connected vehicles. Among other things, Mearian weighs the recent past and likely future of connected vehicles, noting that, “once mobile devices are connected to car infotainment systems and cars are connected to the Internet, vehicles will become a rich source of data for manufacturers, marketers, insurance providers and the government.” They’ll also be a target for hackers. The problem is that, unlike mobile phones, cars have useful lives that are measured in decades, not years – or even months. That makes it difficult for manufacturers, who want to make their vehicles state of the art, but also must deal with the reality of much longer development cycles and complex interactions between non-critical and critical on board systems. [Read more Security Ledger coverage of connected vehicles here.] A couple issues worth noting: […]

The Key to Security in the Internet of Things – IEEE Spectrum

September 19, 2014 Paul Roberts

IEEE Spectrum has an article that provides a nice overview of security and privacy issues on the Internet of Things. The article by Mark Anderson highlights a number of the issues that have cropped up on these pages as well, namely: the rush to market in the consumer IoT space (much of it driven by crowd funding sites like IndieGoGo and Kickstarter) the lack of a strong business case for (consumer) manufacturers to build security into IoT products the tendency of large manufacturers to pursue siloed security standards that thwart efforts to build devices interconnect with other IoT infrastructure (other devices, routers, etc.) So far efforts to coordinate IoT development around a single platform or set of standards have been reduced to predictable turf battles: Google’s Thread versus multi-vendor efforts like TheAllSeen Alliance, The Open Interconnect Consortium, The Industrial Internet Consortium versus Apple HomeKit and HealthKit and others. In the […]

Senate Report Warns of Attacks on Military Transport Contractors

September 18, 2014 Paul Roberts

A Senate Armed Services Committee investigation has found evidence that hackers associated with the Chinese government compromised the computer systems of U.S. Transportation Command contractors at least 20 times in a single year. The attacks pose a serious risk to the system that moves military troops and equipment. The Committee released the report on Wednesday. (PDF copy here.) It presented the results of a year-long investigation of U.S. Transportation Command, or “TRANSCOM,” found a serious gap in awareness and reporting requirements. TRANSCOM was only aware of two of the 20 intrusions, while U.S. Transportation Command remained mostly unaware of the computer compromises of contractors during and after the attacks. “These peacetime intrusions into the networks of key defense contractors are more evidence of China’s aggressive actions in cyberspace,” said Sen. Carl Levin, D-Mich., the committee’s chairman in a published statement. “Our findings are a warning that we must do much more to protect strategically significant […]

With $42m Invested, vArmour uncloaks with Software Defined Security

September 17, 2014 Paul Roberts

In the old days, startups would pull together funding from a small group of early “angel” investors and rush to get a product – any product- to market as soon as possible. The idea was to prove viability in the hopes of attracting larger investments that would let you actually develop the product you really want to sell. But that doesn’t work well for companies that want to solve really hard problem. Such projects, justifiably, need a longer runway that isn’t suited to vaporware or rapid product iteration. vArmour Networks, a Mountain View-based startup that emerged from “stealth” mode yesterday, is a good example of that latter kind of start-up. The company has already raised $42 million in three rounds, dating back to January, 2013. It is offering technology to tackle a vexing product: how to secure the information flowing within and between the growing ranks of virtual data centers. With […]