Required reading for Monday: TechCrunch has a nice little explainer article by @ArtyomAstafurov (of DeviceHive) that talks about the evolution of machine-to-machine (M2M) technologies into the Internet of Things and how the two technology trends are now indistinguishable- and are poised to cause large-scale disruption. To quote Astafurov: “IoT separates itself from M2M not only in the simplicity and quantity of devices involved, but also by how the devices communicate with each other…Whereas M2M tends to rely on point-to-point exchanges between individual devices, IoT communications involve dispersed devices sharing data through a central server, resulting in exponentially more data based on the relationships and patterns that emerge.” And the IoT will drive massive investment in products and technologies that can capture, aggregate and analyze consumer data. This will be akin to the kind of investment corporations put into ERP (enterprise resource planning) tools a decade ago, he says. Though the focus of IoT right […]
Tag: reports
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 […]
McKinsey: Consumers Want Connected Cars – And Fear Them, Too
The consulting firm McKinsey & Co. has released an interesting report on the future of connected vehicles. But it has some sobering data for car makers: concerns about privacy and the possibility that connected cars could be hacked are major concerns for consumers that could dampen enthusiasm for smart vehicles. The report, “What’s Driving the Connected Car?” finds that connectivity features will be a major driver of car sales in the coming years, with car buyers increasingly accustomed to vehicles that sport sophisticated interactive and networking features. That said: security concerns may hamper the “rapid and broad adoption” of connected vehicle technology. For its report, McKinsey interviewed 2,000 new car buyers in four countries: Brazil, China, Germany and the U.S. The survey found that a quarter of respondents considered connectivity a more important feature than engine power or even fuel efficiency. The firm estimates that connectivity features will become increasingly important selling features […]
Supply Chain Risk: Raspberry Pi Device Used for War Shipping
An interesting post on supply chain security over at Security Affairs. The post looks at a new approach to supply chain surveillance (and, presumably, attacks): ‘war shipping.’ War shipping is, of course, a play on the ‘war driving’ scene from the early days of consumer wifi, in which cars outfitted with antennae would canvas whole cities, documenting open wi-fi hotspots that could be used to grab some free Internet. In this case, Security Affairs notes a shippable board-sized package designed by security expert Larry Pesce of Paul’s Security Weekly (fka Pauldotcom). The device can be contained in a standard UPS shipping box and delivered to a target network to passively surveil or even attack it. The kit is built on a Raspberry Pi b_ with an AWUS051NH wireless card, a cheap battery charger, kismet and custom software. Pesce demonstrated the device at Derbycon, a Louisville, Kentucky based event last month. The device includes both […]
New York City Phone Booths Add Beacons, Stoke Controversy
The web site Buzzfeed has a scoop today about a stealthy deployment of beacon technology in Manhattan that has some privacy experts concerned. According to the exclusive report, by Buzzfeed’s Joseph Bernstein and Jeremy Singer-Vine, Titan a media company that sells ad space in more than 5,000 phone kiosk panels in New York City’s five boroughs, has installed about 500 beacons on its ad panels. The company went forward with the deployment with the blessing of New York City’s Department of Information Technology and Telecommunications (DoITT), but without any public input, Buzzfeed reported. Beacons are wireless devices that interact with mobile phones and other portable electronics. They’re used to provide location-specific data and interactions, such as advertisements linked to nearby businesses or to track the movements of an individual within a defined space (such as a show floor). In the case of the phone booth beacons, Titan and Sbordone, the company that provides the display […]