The Internet of Things is increasingly an industry unto itself, with the conferences to prove it. And “no,” I’m not just talking about The Security of Things Forum – Security Ledger’s own IoT and security show. (Videos from our first annual show are now available, by the way. Register to view them here.) No: there are forums and symposiums focused on all different aspects of IoT: smart cities, design, wearables, and so on. There’s O’Reilly’s Solid, GigaOm Structure and any number of smaller, regional events. I’m at one of the more prominent IoT shows this week: The Internet of Things World Forum (IoTWF), which is sponsored by Cisco Systems. I’m moderating a really interesting panel that addresses a critical issue: the ways in with information technology (IT), operations technology (OT) and consumer technology (CT) converge in the IoT. These are three areas that, until recently, were separate. But a variety of developments […]
Tag: Government
White House Cyber Chief: JP Morgan Underscores Critical Infrastructure Risk
The White House’s cyber security czar, Michael Daniel, said the Obama Administration is deeply concerned about the reported hack of systems belonging to banking giant JP Morgan Chase & Co. but sees the incident as part of a larger trend of attacks against U.S. critical infrastructure. Asked about the targeted attack against JP Morgan and other banks and financial institutions, Daniel said that the White House was concerned, but not surprised by the incident. “We have watched for several years the trend of malicious actors in cyber try to figure out how to target critical infrastructure,” he said. “Financial services is critical infrastructure.” The White House was concerned that a major U.S. bank would fall victim to hackers, but sees it in the context of a “broad trend,” rather than an isolated incident, he said. Speaking with Michael Farrell, the Cybersecurity Editor at Christian Science Monitor, Daniel hit on many of the now-common talking […]
Europol Warns of Internet of Things Risk
In a newly released report, Europol’s European Cybercrime Center (EC3) warns that the growth of the Internet of Things (IoT) threatens to strengthen the hand of organized cyber criminal groups and make life much more difficult for police and governments that wish to pursue them. EC3’s latest Internet Organized Crime Threat Assessment (iOCTA) says the “Internet of Everything” will greatly complicate the work of law enforcement creating “new opportunities for everything from cyber criminals to state actors to child abusers. The growing numbers of connected devices will greatly expand the “attack surface” available for cyber criminal activity, the EC3 warns. Cyber criminals may co-opt connected devices for use in common criminal activity (like denial of service attacks and spam campaigns). However, advancements like connected (“smart”) vehicles and infrastructure create openings for large scale and disruptive attacks. The report, which was published late last months, is a high level position paper and pulls data mostly […]
Report: Hacked Password Behind Compromise of 75m JPMorgan Accounts
The top news this week is about Wall Street giant JP Morgan Chase, which disclosed on Thursday that a previously disclosed breach was much larger than initially believed, affecting more than 75 million account holders. And once again, reports suggest that a compromised employee account may be at the root of the incident. Bloomberg, which first broke the news of the cyber attack on JPMorgan Chase in August, said on Friday that hackers exploited an employee’s access to a development server as part of an attack on a JPMorgan Chase & Co. server that led to one of the largest cyber-attacks ever and the theft of data on 76 million households and 7 million small businesses. According to the Bloomberg report, which cited “people familiar with the bank’s review,” the breach started in June when an employee’s user name and password for what’s described as “a web-development server” were compromised. From that […]
DARPA Tech Identifies Counterfeit Microelectronics
The U.S. Defense Advanced Research Projects Administration (DARPA) announced on Wednesday that advanced software and equipment it developed to spot counterfeit microelectronics in U.S. weapons and cyber security systems has been handed over to military contractors to continue development. DARPA said the product of its Integrity and Reliability of Integrated Circuits (IRIS) program: the Advanced Scanning Optical Microscope (ASOM) technology was transferred to the Naval Surface Warfare Center (NSWC) in Crane, Indiana, where it will be used to inspect microelectronics for signs of tampering or compromise. The technology was developed with the help of SRI International, an IRIS contractor. Read more Security Ledger coverage of supply chain risks. “The ASOM technology housed at NSWC Crane will help engineers provide forensic analysis of microelectronics, including integrated circuits (IC) confiscated by law enforcement officials,” DARPA said in a statement. The DoD is a major buyer of integrated circuit chips, which are mainly manufactured outside the U.S. […]