Amid the very public debate about the civil liberties implications of Edward Snowden’s revelations about NSA spying at home and abroad, the potential business fallout from the leak of classified information has been a footnote. But as the disclosures wear on, business leaders in the U.S. and elsewhere are beginning to discern the impact of the Snowden leaks. One place they’re voicing their concerns is The State Department, where technology vendors have been complaining of blowback from international customers, according to a senior State Department official who spoke with The Security Ledger. “We’re talking to cloud providers, including some very large cloud providers, about the challenges they face abroad,” the official said. The State Department has heard anecdotal reports of US firms losing business due to concerns about government surveillance, but companies have been reluctant to advertise lost accounts. At the same time, the State Department has heard of foreign competitors drumming […]
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Parsing Google’s Internet of Things Acquisitions
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 […]
Wolfram Floats Common Language For Internet Of Things
Amid all the “connected device” hoopla coming out of the Consumer Electronics Show (CES) this week, one of the most interesting announcements came from an unexpected corner: Wolfram Research, a maker of high-end software that is used in scientific research. On Monday, the company’s CEO, Stephen Wolfram, announced The Wolfram Connected Devices Project – an initiative that will comprise both a common catalog of connected devices and a common language to connect them. “Connected devices are central to our long-term strategy of injecting sophisticated computation and knowledge into everything,” Wolfram said. “With the Wolfram Language we now have a way to describe and compute about things in the world. Connected devices are what we need to measure and interface with those things.” Wolfram’s short-term goal is to begin cataloging IoT devices and making those devices ‘searchable’ via its Wolfram Alpha web portal – what the company describes as a ‘computational […]
Welcoming A New Sponsor: Duo Security
Those of you who pay close attention to The Security Ledger may have noticed some new artwork gracing our home page in recent days. It is with great pleasure that I note the addition of our newest sponsor: Duo Security Inc., a maker of two-factor authentication technology. I followed Duo from its earliest days, but my interactions with the company picked up after last year’s RSA Conference in San Francisco, when I had the chance to get briefed by CEO Dug Song about the company’s technology and how Duo was leveraging consumer-driven trends like BYOD (bring your own device) to solve vexing enterprise identity and authentication problems. Duo, which is based in Ann Arbor, Michigan, sells a hosted two-factor authentication service that leverages the cloud and mobile devices to provide a secure login experience using something you know (a password) and something you hold (a mobile phone). The Duo platform […]
Famed Hacker Barnaby Jack Died Of Accidental Overdose
Barnaby Jack, the world-renowned hacker who was found dead in his San Francisco apartment in July died of an accidental overdose of cocaine, heroin and prescription drugs, according to a report released by the San Francisco Medical Examiner’s office. The news was first reported by the website theverge.com. Jack, a 36-year-old New Zealand resident was found unresponsive in bed, surrounded by bottles of pills, empty bottles of beer and champagne and evidence of “illicit drug use,” the Medical Examiner’s report states. Jack had traces of cocaine, heroin, Xanax, and Benadryl in his system at the time of death. Jack was one of the most gifted security researchers of his generation. The head of embedded device security at the firm IOActive, Jack electrified audiences with his demonstrations of vulnerabilities in devices such as ATMs and implantable insulin pumps. In a now-famous “Jackpotting” demonstration, he demonstrated a remotely exploitable hole affecting bank automated teller machines […]
