Tag: reports

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.

Continue Reading

Bad Actor: With Update, LG Says No Monitoring, No Smart TV!

Customers of consumer electronics giant LG are raising alarm about a recent software update that asks owners to agree to have their viewing behavior tracked and monitored, or see their ‘smart’ TVs made dumb: with access to features like YouTube and Netflix disabled. Owners of some models of LG brand SmartTVs who have applied a recent firmware have taken to blogs to complain about a firmware update for their TVs that prompt them to agree to lengthy new Terms of Service and Privacy Agreements. The revised documents grant LG permission to monitor and record their viewing habits and their interactions with the device, including voice commands. Users who do not agree to the new terms find many of their smart TV features disabled, according to customer testimony and an analysis by one independent IT researcher. The prompt to read and accept a new “Legal Notice,” “Terms of Use” and “Privacy Policy” appears when SmartTV users first […]

Continue Reading

Akamai: New DoS Tool Leads To Resurgence of SNMP Attacks

The security firm Akamai issued an advisory to customers on Thursday warning that a new software tool for managing distributed denial of service (DDoS) attacks was leading to a resurgence in large-scale attacks that use Simple Network Management Protocol (SNMP) traffic to overwhelm web sites.   The Threat Advisory (reg wall) was issued by Akamai’s Prolexic Security Engineering and Response Team (or PLXsert). According to the advisory, Akamai began noticing a resurgence in DDoS attacks using SNMP on April 11. The company said that firms in industry verticals including consumer goods, gaming, online hosting and Software-as-a-Service and non-profits had all been targeted.   [Read more Security Ledger coverage of DDoS attacks here.] The company has identified new- and updated tools in the cyber underground, including one dubbed SNMP Reflector – that are enabling the attacks. Simple Network Management Protocol (SNMP) is a protocol that is used for managing devices on a network including […]

Continue Reading

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 […]

Continue Reading

FireEye Report: Iranian Hacker Group Becoming More Sophisticated

A report from the security firm FireEye claims that hacking crews based in Iran have become more sophisticated in recent years. They are now linked to malicious software campaigns targeting western corporations and domestic actors who attempt to circumvent Internet filters put in place by the ruling regime.   The report, dubbed “Operation Saffron Rose,”(PDF)  was released on Tuesday. In a blog post accompanying the research, FireEye researchers say that it has identified a group of hackers it is calling the “Ajax Security Team” that appears to have emerged out of Iranian hacker forums such as Ashiyane and Shabgard. Once limited to website defacements, the Ajax team has graduated to malware-based espionage and other techniques associated with “advanced persistent threat” (APT) style actors, FireEye said. The researchers claim that the group has been observed using social engineering techniques to implant custom malware on victims’ computers. The group’s objectives seem to align with those […]

Continue Reading
1 … 106 107 108 109 110 … 124