The Looming Enterprise IoT Security Threat

Distributed denial-of-service (DDoS) botnets are not the only threat organizations need to worry about when it comes to the internet of things (IoT). The Mirai attacks of 2016 engendered a pretty broad understanding of how botnets assembled from ordinary consumer IoT devices can be used to launch crippling DDoS attacks on enterprises. But organizations that..
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Hardware Security Is Best for Securing Healthcare, Finance IoT

Over the past year, we’ve seen a wave of high-profile cyberattacks, and all companies should be concerned. These attacks haven’t been limited to any one industry, but range from credit scores (Equifax) to health care (WannaCry ransomware attack). WannaCry, in particular, points to a growing threat: cyberattacks on infrastructure. As CNN explained, “The ransomware, called..
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Expert: IoT Botnets the Work of a ‘Vast Minority’

In December 2017, the U.S. Department of Justice announced indictments and guilty pleas by three men in the United States responsible for creating and using Mirai, a malware strain that enslaves poorly-secured "Internet of Things" or IoT devices like security cameras and digital video recorders for use in large-scale cyberattacks. The FBI and the DOJ had help in their investigation from many security experts, but this post focuses on one expert whose research into the Dark Web and its various malefactors was especially useful in that case. Allison Nixon is director of security research at Flashpoint, a cyber intelligence firm based in New York City. Nixon spoke with KrebsOnSecurity at length about her perspectives on IoT security and the vital role of law enforcement in this fight.
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WPA3 will secure Wi-Fi connections in four significant ways in 2018

At CES this week, the Wi-Fi Alliance announced WPA3, the newest security protocol for Wi-Fi devices. WPA3 includes four new security capabilities and is the most significant upgrade to Wi-Fi security since 2004. Categories: Conferences Security world Tags: CESIoT securityWi-Fiwifi allianceWPA3 (Read more...) The post WPA3 will secure Wi-Fi connections in four significant ways in 2018 appeared first on Malwarebytes Labs.
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Be aware: Connected toy security and privacy risks have arrived this holiday

Internet-connected toys are popular – and your children may have received some over the holidays, but are you aware of the security risks? We know that IoT devices are notoriously insecure. Too often they are difficult to update when security vulnerabilities are uncovered — if users are notified of updates at all. The problem with
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Internet of Things (IoT) security: what is and what should never be

Internet of Things technology may soon multiply in the billions. But security for these devices is practically non-existent. What needs to be done to secure IoT users now and in the future? Categories: 101 Hacking How-tos Tags: Internet of ThingsIoTIoT securitypassword manager (Read more...) The post Internet of Things (IoT) security: what is and what should never be appeared first on Malwarebytes Labs.
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Medigate takes a surgical approach to protecting medical devices from cyberattacks

A Savage Security Market ReportGraphic courtesy MedigateOne of the primary challenges with IoT Security is how specific the threats are. While classes of devices have common vulnerabilities and attack surface, most are completely different. It’s unlikely we’ll ever see a single product designed to protect both cars and hospitals, for example. For that reason, Medigate has chosen to focus primarily on addressing hospitals and medical device security.This isn’t just an issue with IoT or specific verticals either. All enterprises, businesses and networks are different and, as such, each product purchased to secure them must be customized to some extent. Studies on shelfware by Osterman Research and 451 Research suggest that the time and effort necessary to implement and manage a solution are linked to the likelihood it will fail and become shelfware. By focusing specifically on medical devices and hospital networks, Medigate aims to streamline the customization process.CompanyMedigate comes out of stealth today, with an impressive $5.35m in seed funding, lead by YL Ventures with additional funding from Blumberg Capital (not to be confused with Bloomberg Beta). Medigate is based in Tel Aviv and is led by co-founders Jonathan Langer (CEO), Itay Kirshenbaum (VP R&D) and Pini Pinhasov (VP...
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