Tag: critical infrastructure

Podcast: Is Defense-In-Depth The Only Real Heartbleed Fix?

Like everyone else, we wrote extensively in the last month about the serious security vulnerability in OpenSSL dubbed “Heartbleed,” which affected many of the world’s leading web sites and services, including Facebook and Google. The large-type headlines about Heartbleed have passed. But that doesn’t mean that the danger has. As we have noted,  we are entering a phase that might be considered Heartbleed’s ‘long tail.’ Most of the well-trafficked websites that were vulnerable to Heartbleed have gotten around to fixing the vulnerability. But public-facing web servers are only the beginning of the story for OpenSSL. Chasing down the vulnerability’s long tail in third-party applications and on internal web sites and applications is a much larger task. As I’ve noted: open source components make their way into all manner of applications and bespoke products these days, often without any effort to assess the security of the borrowed code. For companies that need to protect critical IT […]

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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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China Hacking Indictments Day 2: Now For The Blowback

The big news yesterday was about the U.S. Justice Department announcing the first-ever criminal charges against a foreign country for cyberspying. The news today may well be about China (and other countries) taking retaliatory actions, including similar legal steps against individuals in this country, working on behalf of the NSA, CIA or other government agencies. The Justice Department on Monday announced that a grand jury in the Western District of Pennsylvania indicted five Chinese citizens (PDF) for charges that include computer hacking and economic espionage directed at six American companies in the nuclear power, metals and solar products industries. The indictment alleges that the five defendants conspired to hack into American companies on behalf of competitors in China, including state-owned enterprises.  The stolen information included intellectual property that would allow the Chinese firms to better compete with their American competitors. The hackers also stole confidential information regarding business negotiations and other deals that would aid the Chinese […]

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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 […]

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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 […]

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