Tech Guide | July 18, 2020
Abrupt and unexpected are two of the adjectives most commonly used when describing the shift to working remotely that the global workforce has faced in response to the COVID-19 pandemic. No sector has been spared, including government operations, private businesses, and institutions of education.This seismic shift not only impacted the millions of people who found themselves working from home for the first time in Australia and around the globe, but it also stressed the complex technology infrastructures that were unexpectedly required to support massive amounts of traffic.Businesses and leaders in technology have met the challenges posed by the recent work at home reality head on. Unfortunately, intertwined with the positive work being done to make working from home possible, there are hackers and bad actors who have seen this sudden change as an opportunity to exploit potential weaknesses in the technological infrastructure backing the newly decentralized workforce.In their haste to get employees back to work and provide their products and services to customers, some enterprises have been blinded to the increasing security risks that having employees work from home present.
ABI Research | July 06, 2020
By 2026, IoT connections will exceed 23 billion across all major IoT markets. Almost all those connections will be faced with incessant and constantly evolving cyber-threats, forcing implementers and IoT vendors to embrace new digital security options to protect managed fleets and connected assets. Secure device authentication currently stands among the top-tier investment priorities for key IoT markets. Global tech market advisory firm, ABI Research, expects that hardware focused IoT authentication services will reach US$8.4 billion in revenues by 2026."There are several key technologies revolving around authentication security that currently transform the IoT device value chain. Chief elements among them revolve around IoT identity issuance, provisioning, authentication, encryption key lifecycle management, access management and attestation," explains Dimitrios Pavlakis, Industry Analyst at ABI Research. These are the prime focus of IoT vendors who capitalize on the emerging threat horizon to better position their services and explore new IoT monetization models."As it currently stands, the IoT is not a secure place for future deployments and both IoT players and digital security vendors are aware of that," comments Pavlakis. "The good news is that the recent change in thinking has caused a noticeable mentality shift and investment surge for secure authentication technologies across the IoT ecosystem; the bad news is that this also gives rise to many IoT management offerings with questionable levels of security and intelligence."IoT authentication services need to consider a plethora of variables, sharing both operational and connectivity as well as security characteristics. "Just because cybersecurity investments need to enter deeper into the IoT deployment equation does not mean that operational variables will be left unaccounted," explains Pavlakis. "Bandwidth capacity, connectivity requirements, operational specifications and device heterogeneity, digital footprint and processing power, edge-cloud dependencies, telemetry and intelligence are all key factors that need to be addressed to obtain a sustainable growth for the IoT going forward."Many IoT security vendors are taking advantage of the recent IoT investment surge to increase their market footprint and deliver security-first authentication and management services for the IoT supported by a multitude of flexible pricing models. Market leaders and innovative companies offering IoT security services operating in different areas of the IoT value chain include Intel, Microsoft Azure, Amazon Web Services, Entrust Datacard, Rambus, Data I/O, and Globalsign.
theguardian | August 26, 2020
New Zealand’s stock market has been interrupted by an apparent overseas cyber attack for the second day running. The Wellington-based NZX exchange went offline at 11.24am on Wednesday and although some connectivity was restored for investors, some trading was halted. The NZX said it had experienced “network connectivity issues” and that the NZX main board, NZX debt market and Fonterra shareholders market were placed on halt. However it then announced that those areas would resume trading with the rest of the market at 3pm on Wednesday.