When discussing the problem of Internet of Things security, some are quick to place the blame on the users.Consumers, they say, don't know enough about the connected devices they're installing in their homes and workplaces; they don't understand that these need updating like computers and smartphones, and forget that the kettle or fridge is online and needs to receive patches and updates just like any other gadget.And it is true, governments around the world are attempting to tackle this challenge of consumer awareness when it comes to IoT security, increasingly directing campaigns and advice towards end users. But the buck certainly doesn't stop with everyday IoT device users: device manufacturers, retailers and industry all have significant roles to play in securing the IoT -- and if they don't take responsibility, it could result in the internet becoming much more dangerous as attackers look to take advantage of insecure devices to commit cyber crimes ranging from DDoS attacks to … [Read more...] about IoT security: Where do we go from here?
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Visit The Boston Globe Share on Twitter Share on Facebook Comment on this Scroll to top of page Hiawatha Bray Globe Staff July 30, 2018 A few weeks ago, the director of national intelligence warned that US computer systems are so vulnerable that the nation may be facing a “cyber 9/11.” Then the US Department of Homeland Security revealed that Russian hackers could get inside the nation’s utilities and turn off the lights in much of the United States.What next? How about some payback, targeting the attackers who target us?Some cyber security experts and lawmakers argue that tougher passwords and thicker firewalls alone won’t protect America’s digital assets, because any defense can be breached. Instead, they want the US government, and even private companies and individuals, to go on the offensiveby using the hackers’ own methods against them. Advertisement “You try to go about hacking the hackers,” said … [Read more...] about As cyber-attacks on the US rise, is the answer to hack back?
LONDON (Reuters) - Senior British security officials say they can give only limited assurances that Chinese firm Huawei’s UK operations pose no threat to national security, downgrading their previous position, two people with knowledge of the matter told Reuters. FILE PHOTO: A man walks past a sign board of Huawei at CES (Consumer Electronics Show) Asia 2018 in Shanghai, China June 14, 2018. REUTERS/Aly Song/File Photo The assessment, in a soon to be published annual report signed off by Britain’s GCHQ spy agency, will intensify the espionage debate around Huawei Technologies. The firm has come under increasing fire in the United States and Australia over concerns it could facilitate Chinese government spying. Huawei, the world’s biggest producer of telecoms equipment, said on Thursday that it welcomed the thrust of the report by the Huawei Cyber Security Evaluation Centre (HCSEC) oversight board, which it said showed supervision by British authorities was … [Read more...] about Exclusive: Britain pulls back on security endorsement of China’s…
The world's second-most popular cryptocurrency isn't an investment vehicle, at least according to the Securities and Exchange commission. William Hinman, the agency's director of the division of corporate finance, said Thursday that ether—the currency that powers the Ethereum network—shouldn't be regulated in the same way as stocks and bonds. His statements follow similar ones made in April by SEC chair Jay Clayton about bitcoin. Taken together, the two sets of remarks provide the clearest understanding of how the regulatory agency views the cryptocurrency market. In essence, when a cryptocurrency becomes sufficiently decentralized, as the widely popular bitcoin and ether have, the agency no longer views it as a security. In contrast, smaller initial coin offerings, or ICOs, are almost always securities in the SEC's eyes. That distinction matters, because securities are subject to the same regulations as normal stocks. “Based on my understanding of the present state … [Read more...] about Rest Easy, Cryptocurrency Fans: Ether and Bitcoin Aren’t Securities
Cyber security software company Avast has announced it is planning to float on the London Stock Exchange (LSE) next month. The company’s initial public offering (IPO) could see the firm valued at $4bn (£2.8 bn), making it London’s largest ever listing for a technology company. The company, which boasts some 435m users worldwide, is headquartered in the Czech Republic and had a turnover of $780m last year. It’s public listing, which is expected in early May, will see at least 25 per cent of Avast’s share capital floated, with the aim of raising about $200m. Read more: Cyber threat to UK businesses is now bigger than ever, says NCSC Vincent Steckler, Avast’s CEO, said that the company’s rapid growth had occurred “because of the dramatic increase in the number and types of threats around the world which are a growing concern to people, and Avast’s ability to stay ahead of the bad guys with new and evolving technologies and … [Read more...] about Cyber security firm Avast set for London’s largest tech listing at £2.8bn