Tag: Mobile

Survey: Consumers Growing Wary of Information Sharing

A survey by the business information service Lexis Nexis finds that consumers have grown more wary of programs that ask them to share data in exchange for improved services or other offerings. Editor’s note: LexisNexis has clarified that its survey was released in August, 2013, not October, 2013. The story has been corrected to reflect that information. – Paul 6/4/2014 The survey of  2,072 consumers, aged 21 to 74, was conducted in October 2013 by LexisNexis Risk Solutions. It found consumers were more wary of sharing information online, including at social networking and online banking sites than they were three years earlier. “Consumers are less comfortable with information sharing than three years ago,” the survey concluded. The survey was released in concert with Telematics Detroit 2014, a conference focused on information systems used in vehicles. It was designed to measure consumers’ awareness of- and interest in so-called “use based insurance” (or UBI) – sometimes referred […]

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Big GOV Shift To Secure Cloud?

For those of us covering the cyber security beat, there haven’t been many feel-good stories coming out of the federal government in – well – forever. Even before the advent of nation state sponsored hacking, the news was mostly of the federal government’s bloated and unwieldy IT infrastructure, byzantine procurement systems and the difficulty of attracting top talent away from private sector employers who could offer more pay, more autonomy and a better working environment.   Then came the gut wrenching display of offensive prowess by the U.S.’s main enemies – nations like China, Russia and Iran. Those stories started, in earnest, with news about operations like Titan Rain (in 2003) and continue to the present day. The problem has gotten so bad that the military’s preferred euphemism for Chinese hackers – “advanced persistent threat,” or “APT” has become part of the nomenclature of the IT security world far beyond […]

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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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iPhone and iPad Hijacking: What You Need To Know

The past 24 hours has seen a spate of stories warning about a spate of ‘ransomware’ attacks on iPhones and iPads – especially in the the UK and Australia. According to the reports, compromised devices are locked and owners are instructed to email a ransom (variously: $100, $50, €100) to one “Oleg Pliss” to have their devices unlocked. These attacks aren’t really news. In fact, the Oleg Pliss scam appears to have been circulating for close to six months. However, it’s worthwhile reviewing what we do (and don’t) know about these latest attacks on mobile devices. Accordingly, Security Ledger has put together a short FAQ that tells you what you need to know about the latest mobile scam, and to dispel some of the rumors floating around in the Internet ether. What’s Going On? According to news reports and complaints on Apple Support forums, owners of iPhones and iPads are having their devices locked. […]

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Report: Samsung Investing In IoT Security

South Korean electronics giant Samsung Electronics Co. said on Tuesday that it will invest heavily in security for the Internet of Things sector, citing security for IoT as a ‘key future technology’ alongside energy storage and harvesting.   The report on Tuesday, from South Korea’s Yonhap News Service said Samsung, currently the world’s top maker of mobile phones, said Samsung is soliciting proposals on IoT security algorithms and protocols through the end of June. Possible applications include “biometrics, smart structures and advanced traffic networks,” according to Yonhap. The announcement comes by way of Samsung’s Future Technology Fostering Center, a research group that the company established last year to help keep it on the cutting edge in technology. According to published reports, Samsung has pledged 1.5 trillion won ($1.34 billion) over 10 years to fund the Center. Approximately 750 billion won ($670 million) will be allocated to research projects through 2017.

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