Manufacturers are buying cyber insurance to protect their networks as “factories are increasingly computerized, automated and digitally integrated with other parts of a company,” the Journal reported.
IBM partners with Visa on IoT payments solutions. The deal will provide customers of IBM’s Watson IoT (Internet of Things) platform with access to Visa’s payments services, “potentially turning billions of cars, fridges, sneakers and other connected devices into points of sale.” Edited with BlogPad Pro
“It sets a dangerous precedent for the federal government to go after a good company and put American jobs at risk without a single instance of actual or likely consumer harm,” said Cause of Action Institute Assistant Vice President Patrick Massari, who is representing D-Link against the FTC. “If the FTC can bring a lawsuit…
Mirai already has enough fodder to sustain it for years—and more susceptible products roll off of assembly lines every day. As the report adds, Mirai “has inspired a renaissance” in IoT vulnerability exploitation. In the meantime, expect more mayhem. Source: The Mirai Botnet Isn’t Easy to Defeat | WIRED
Columnist Christopher Mims says the recent cyberattack that rendered more than 1,200 websites unreachable was a warning. Experts say a similar, or larger, attack could be launched tomorrow, and we’d be powerless to prevent it. Source: America Isn’t Ready for a Cyberattack – WSJ
Deutsche Lufthansa AG is undergoing rapid digital transformation, in part to better leverage an influx of passenger data from smartphones and other devices via the Internet of Things, according to the airline’s chief information officer, Roland Schütz. Source: Q&A: Lufthansa CIO Roland Schütz on Digital Transformation in the Skies – CIO Journal. – WSJ
Unprecedented DDoS attacks are powered by IoT machines like connected CCTV cameras. And at least one journalist has been censored as a result. Source: How Hacked Cameras Are Helping Launch The Biggest Attacks The Internet Has Ever Seen
“Free speech in the age of the Internet is not really free,” journalist warns. Source: Why the silencing of KrebsOnSecurity opens a troubling chapter for the ‘Net | Ars Technica
Reading about a hack from the hacker’s perspective is pretty interesting. The hacker who leaked 400GB of internal files and emails from Italian surveillance software maker Hacking Team published a full account of how he infiltrated the company’s network. Source: Hacker: This is how I broke into Hacking Team | ITworld
Insurance giant Allstate has raised eyebrows after being granted patents for a proposed high-tech surveillance system that could track a driver’s every move. The company won patents for technology that, Source: How much privacy are drivers willing to give up for better car insurance rates?