Study: Attack on KrebsOnSecurity Cost IoT Device Owners $323K

Credit to Author: BrianKrebs| Date: Mon, 07 May 2018 16:47:20 +0000

A monster distributed denial-of-service attack (DDoS) against KrebsOnSecurity.com in 2016 knocked this site offline for nearly four days. The attack was executed through a network of hacked “Internet of Things” (IoT) devices such as Internet routers, security cameras and digital video recorders. A new study that tries to measure the direct cost of that one attack for IoT device users whose machines were swept up in the assault found that it may have cost device owners a total of $323,973.75 in excess power and added bandwidth consumption. My bad.

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This Week in Security News: Zippy’s and Flynn

Credit to Author: Jon Clay (Global Threat Communications)| Date: Fri, 04 May 2018 13:00:12 +0000

Welcome to our weekly roundup, where we share what you need to know about the cybersecurity news and events that happened over the past few days. This week, Hawaii-based restaurant Zippy’s suffered a POS data breach. In addition, Uber executive John Flynn argued that user expectations on data protection are rising, but consumers still aren’t…

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Securing the Connected Industrial World with Trend Micro

Credit to Author: Eva Chen| Date: Thu, 03 May 2018 16:24:23 +0000

At Trend Micro we’ve made it our business over the past 30 years to anticipate where technology is taking the world. That’s why our message has evolved over that time from Peace of Mind Computing to Your Internet Firewall and most recently Securing Your Journey to the Cloud. Well, we know that things are evolving…

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3 Market Observations from Innovation Summit Paris: Edge Data Centers, Colocation Growth and Automation

Credit to Author: Dave Johnson| Date: Fri, 27 Apr 2018 18:49:27 +0000

Spending time with customers at this month’s Schneider Electric Innovation Summit in Paris made three things clear: Edge data centers are a big priority for enterprise and colocation providers, the… Read more »

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This Week in Security News: Fines and Funding

Credit to Author: Jon Clay (Global Threat Communications)| Date: Fri, 27 Apr 2018 13:40:22 +0000

Welcome to our weekly roundup, where we share what you need to know about the cybersecurity news and events that happened over the past few days. This week, the SEC paid $35 million in fines following the 2014 breach, in which Russian hackers obtained the information of 500 million users. In addition, IoT research revealed…

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The Internet of Everything and digital privacy: what you need to know

Credit to Author: Malwarebytes Labs| Date: Thu, 26 Apr 2018 15:36:00 +0000

Statistics indicate within the next couple of years, there will be three IoT devices for every adult and child on the planet—IoT will truly be the Internet of Everything. So, should people be concerned about privacy and data security if these gadgets are always on and ready to transmit information? Let’s take a look.

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Optimize operations – Integrate automation and power distribution systems

Credit to Author: Frederic Abbal| Date: Fri, 20 Apr 2018 11:24:00 +0000

Power distribution systems and automation systems are evolving and converging to drive better efficiency across industries. Integrating these systems allows industrial companies, especially energy intensive ones, to save money across… Read more »

The post Optimize operations – Integrate automation and power distribution systems appeared first on Schneider Electric Blog.

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