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Global study reveals IoT adoption is at 69% despite security concerns

By Zenobia Hegde

Cradlepoint announced the release of a new Cradlepoint Business Intelligence Report, “The State of IoT 2017-2018”, which reveals the current IT practices, perceptions and future plans surrounding global Internet of Things (IoT) deployments. The findings of the underlying study revealed that even though over 69% of organisations have adopted, or plan to adopt, IoT solutions within the next year, 40% of companies have serious concerns around cybersecurity.

Conducted by Spiceworks, the study surveyed 400 IT professionals in the U.S., Canada and the UK at companies with at least 500 employees across 22 industries. Respondents are all involved with IoT strategies and decisions at their organisations.

While cybersecurity remains the top concern (40%), it is a desire for increased physical security that is the top driver for IoT adoption (32%), followed by improved operational processes (23%), reduced operational costs (21%) and simplified management (20%). Approximately 71% of respondents who already use IoT technologies say they’re using it for building security, often through security cameras.

Recent botnet attacks have infected millions of IoT devices. However, despite the growing security threat associated with IoT, the research shows that about half of the organisations surveyed are deploying IoT solutions on their existing enterprise network and 57% prefer to manage their own IoT device security.

“Following the spread of IoT botnets like Reaper and Mirai, which infected millions of internet-connected security cameras, routers, and digital video recorders, it’s evident that insecure IoT devices, even connected security devices, are putting organisations more at risk,” said Peter Tsai, senior technology analyst at Spiceworks.

“Before deploying network-connected devices that create more entry points for hackers to exploit, organisations should vet the security of all IoT devices they plan to introduce and ensure their company can adequately protect these devices from potential threats.”

“Our new ‘State of IoT’ report highlights a looming issue within commercial IoT deployments – cross-contamination. Companies that deploy IoT devices on their existing enterprise networks are significantly expanding their attack surface and creating new vulnerabilities to IoT-specific threats that traditional security tools are not equipped to handle,” said Ken Hosac, vice president of IoT business development at Cradlepoint.

“The good news, however, is that companies can leverage software-defined perimeter technology to spin-up virtual overlay networks, without trained specialists, that isolate IoT devices from existing networks—and other IoT devices, control access and shield them from being Internet-addressable.”

Additional resources can be found here.

Comment on this article below or via Twitter: @IoTNow_OR @jcIoTnow

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Global study reveals IoT adoption is at 69% despite security concerns

By News Aggregator

By Zenobia Hegde

Cradlepoint announced the release of a new Cradlepoint Business Intelligence Report, “The State of IoT 2017-2018”, which reveals the current IT practices, perceptions and future plans surrounding global Internet of Things (IoT) deployments. The findings of the underlying study revealed that even though over 69% of organisations have adopted, or plan to adopt, IoT solutions within the next year, 40% of companies have serious concerns around cybersecurity.

Conducted by Spiceworks, the study surveyed 400 IT professionals in the U.S., Canada and the UK at companies with at least 500 employees across 22 industries. Respondents are all involved with IoT strategies and decisions at their organisations.

While cybersecurity remains the top concern (40%), it is a desire for increased physical security that is the top driver for IoT adoption (32%), followed by improved operational processes (23%), reduced operational costs (21%) and simplified management (20%). Approximately 71% of respondents who already use IoT technologies say they’re using it for building security, often through security cameras.

Recent botnet attacks have infected millions of IoT devices. However, despite the growing security threat associated with IoT, the research shows that about half of the organisations surveyed are deploying IoT solutions on their existing enterprise network and 57% prefer to manage their own IoT device security.

“Following the spread of IoT botnets like Reaper and Mirai, which infected millions of internet-connected security cameras, routers, and digital video recorders, it’s evident that insecure IoT devices, even connected security devices, are putting organisations more at risk,” said Peter Tsai, senior technology analyst at Spiceworks.

“Before deploying network-connected devices that create more entry points for hackers to exploit, organisations should vet the security of all IoT devices they plan to introduce and ensure their company can adequately protect these devices from potential threats.”

“Our new ‘State of IoT’ report highlights a looming issue within commercial IoT deployments – cross-contamination. Companies that deploy IoT devices on their existing enterprise networks are significantly expanding their attack surface and creating new vulnerabilities to IoT-specific threats that traditional security tools are not equipped to handle,” said Ken Hosac, vice president of IoT business development at Cradlepoint.

“The good news, however, is that companies can leverage software-defined perimeter technology to spin-up virtual overlay networks, without trained specialists, that isolate IoT devices from existing networks—and other IoT devices, control access and shield them from being Internet-addressable.”

Additional resources can be found here.

Comment on this article below or via Twitter: @IoTNow_OR @jcIoTnow

The post Global study reveals IoT adoption is at 69% despite security concerns appeared first on IoT Now – How to run an IoT enabled business.

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Widespread mismanagement of privileged accounts and access revealed in One Identity global survey

By Zenobia Hedge

One Identity, a proven leader in helping organisations get identity and access management (IAM) right, released new global research that exposes widespread poor practices when it comes to managing privileged accounts.

Dimensional Research recently surveyed 913 IT security professionals on challenges, habits and trends related to managing access to corporate data. Among the most eye-opening research findings are that nine in 10 (88%) respondents admit to facing challenges when it comes to managing privileged passwords, and one in five (18%) still use a paper-based logbook to manage privileged accounts.

These findings are significant considering that privileged accounts grant virtually unlimited access to nearly every component of a company’s IT infrastructure, essentially handing over the keys to a company’s most critical and sensitive systems and data.

The survey also exposed three key areas where distressingly inferior practices for privileged account management occur, including:

Management platforms and tools: In addition to 18% of respondents admitting to using paper-based logs, a surprising 36% are using equally inadequate spreadsheets for tracking privileged accounts. The survey also found that two-thirds (67%) of companies are relying on two or more tools to manage these accounts — indicating widespread inconsistency in privileged access management (PAM).
Monitoring and visibility: The majority of IT security professionals (57%) admit to only monitoring some privileged accounts, or not monitoring privileged access at all. Even worse, 21% of respondents confessed they are unable to monitor or record activity performed with admin credentials, while 32% said they cannot consistently identify individuals who perform admin activities.
Password management and change: An overwhelming 86% of organisations are not consistently changing the password on their admin accounts after each use. Further, 40% of IT security professionals don’t take the basic best practice of changing a default admin password. By not adhering to these best practices, privileged accounts are vulnerable to open the door to data exfiltration or worse, if compromised.

John Milburn

“When an organisation doesn’t implement the very basic processes for security and management around privileged accounts, they are exposing themselves to significant risk. Over and over again, breaches from hacked privileged accounts have resulted in astronomical mitigation costs, as well as data theft and tarnished brands,” said John Milburn, president and general manager of One Identity.

“These survey results indicate that there are an alarmingly high percentage of companies that don’t have proper procedures in place. It is crucial for organisations to implement best practices regarding privileged access management without creating new roadblocks for work to get done.”

Avoiding primitive management

A recent Forrester Report states that eight out of 10 breaches that occur involve privileged credentials, highlighting just how much of a target privileged accounts are for hackers. Cybercriminals know that gaining access to privileged accounts is the easiest and fastest way to obtain a company’s critical data and systems, which is why organisations can no longer rely on old practices, such as paper records or Excel logbooks, to manage these priority accounts.

One Identity understands that when it comes to managing and monitoring these privileged accounts, continuously controlling access and governing credentials […]

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Widespread mismanagement of privileged accounts and access revealed in One Identity global survey

By News Aggregator

By Zenobia Hedge

One Identity, a proven leader in helping organisations get identity and access management (IAM) right, released new global research that exposes widespread poor practices when it comes to managing privileged accounts.

Dimensional Research recently surveyed 913 IT security professionals on challenges, habits and trends related to managing access to corporate data. Among the most eye-opening research findings are that nine in 10 (88%) respondents admit to facing challenges when it comes to managing privileged passwords, and one in five (18%) still use a paper-based logbook to manage privileged accounts.

These findings are significant considering that privileged accounts grant virtually unlimited access to nearly every component of a company’s IT infrastructure, essentially handing over the keys to a company’s most critical and sensitive systems and data.

The survey also exposed three key areas where distressingly inferior practices for privileged account management occur, including:

Management platforms and tools: In addition to 18% of respondents admitting to using paper-based logs, a surprising 36% are using equally inadequate spreadsheets for tracking privileged accounts. The survey also found that two-thirds (67%) of companies are relying on two or more tools to manage these accounts — indicating widespread inconsistency in privileged access management (PAM).
Monitoring and visibility: The majority of IT security professionals (57%) admit to only monitoring some privileged accounts, or not monitoring privileged access at all. Even worse, 21% of respondents confessed they are unable to monitor or record activity performed with admin credentials, while 32% said they cannot consistently identify individuals who perform admin activities.
Password management and change: An overwhelming 86% of organisations are not consistently changing the password on their admin accounts after each use. Further, 40% of IT security professionals don’t take the basic best practice of changing a default admin password. By not adhering to these best practices, privileged accounts are vulnerable to open the door to data exfiltration or worse, if compromised.

John Milburn

“When an organisation doesn’t implement the very basic processes for security and management around privileged accounts, they are exposing themselves to significant risk. Over and over again, breaches from hacked privileged accounts have resulted in astronomical mitigation costs, as well as data theft and tarnished brands,” said John Milburn, president and general manager of One Identity.

“These survey results indicate that there are an alarmingly high percentage of companies that don’t have proper procedures in place. It is crucial for organisations to implement best practices regarding privileged access management without creating new roadblocks for work to get done.”

Avoiding primitive management

A recent Forrester Report states that eight out of 10 breaches that occur involve privileged credentials, highlighting just how much of a target privileged accounts are for hackers. Cybercriminals know that gaining access to privileged accounts is the easiest and fastest way to obtain a company’s critical data and systems, which is why organisations can no longer rely on old practices, such as paper records or Excel logbooks, to manage these priority accounts.

One Identity understands that when it comes to managing and monitoring these privileged accounts, continuously controlling access and governing credentials […]

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Vodafone launches “V by Vodafone” bringing world-leading IoT expertise to consumers

By Zenobia Hedge

Vodafone entered the Internet of Things (IoT) consumer market with the launch of “V by Vodafone” enabling consumers to connect millions of home and leisure electronics products to the Group’s dedicated global IoT network – the largest of its kind in the world.

IoT technologies bring Internet-connected network intelligence to a wide range of devices at work, home and on the move. Analyst estimates suggest that by 2020 there will be more than 370 million consumer electronics and smart home devices capable of connection to mobile IoT networks in the countries in which Vodafone operates, up from around 50 million today.

“V by Vodafone” is a new, simple system for consumers to connect and manage IoT devices and a product range that includes a connected car dongle, a 4G security camera, a pet location and activity tracker and a bag location tracker.

Vodafone’s consumer IoT strategy will build upon the company’s extensive track record in developing and implementing enterprise IoT technologies. The Group is the mobile world leader in IoT, with

59 million IoT connections and an international network and services platform for a wide range of business-critical applications.

The new, simple way for consumers to connect IoT devices

“V by Vodafone” comprises:

the dedicated IoT “V-Sim by Vodafone”. The Sim card will be shipped as standard with IoT-enabled consumer electronics products sold by Vodafone from today. “V-Sim by Vodafone” will be also offered by third-party retailers next year;
the “V by Vodafone” smartphone app, providing customers with a single and intuitive overview of all IoT-enabled products registered to their account. Setting up each product is simple: customers scan a QR code on the product packaging to register it and add the monthly fee to their existing Vodafone mobile account;
automatic straight-out-of-the-box connection to the international Vodafone IoT network in any of 32 countries. Customers benefit from a straightforward means of managing all of their connected devices from a single interface wherever they are, and wherever they travel. Unlike Wi-Fi-enabled devices, “V by Vodafone” products are constantly connected wherever there is a mobile signal;
a single, affordable fixed monthly price plan for each product connected with a “V-Sim by Vodafone”, making it easy for consumers to use multiple IoT-enabled products; and
during 2018, Vodafone will launch a new online product marketplace open to IoT developers that will greatly extend the product choice for customers.

The “V by Vodafone” concept and product range were developed with insights from comprehensive research involving more than 15,000 consumers in Germany, Italy, Spain and the UK.

Launch products

Vodafone has focused on four product categories at launch. Other categories will follow in 2018.

The products will be available for purchase by current Vodafone mobile customers from today in selected Vodafone stores in Germany, Italy, Spain and the UK. They can also be purchased online at v.vodafone.com.

V-Auto by Vodafone uses the same IoT technologies developed by Vodafone for some of the world’s most advanced connected cars. The “plug and drive” dongle can be added to most vehicles on European roads manufactured since 2002. The “V-Auto by Vodafone” dongle is fitted to […]

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Vodafone launches “V by Vodafone” bringing world-leading IoT expertise to consumers

By News Aggregator

By Zenobia Hedge

Vodafone entered the Internet of Things (IoT) consumer market with the launch of “V by Vodafone” enabling consumers to connect millions of home and leisure electronics products to the Group’s dedicated global IoT network – the largest of its kind in the world.

IoT technologies bring Internet-connected network intelligence to a wide range of devices at work, home and on the move. Analyst estimates suggest that by 2020 there will be more than 370 million consumer electronics and smart home devices capable of connection to mobile IoT networks in the countries in which Vodafone operates, up from around 50 million today.

“V by Vodafone” is a new, simple system for consumers to connect and manage IoT devices and a product range that includes a connected car dongle, a 4G security camera, a pet location and activity tracker and a bag location tracker.

Vodafone’s consumer IoT strategy will build upon the company’s extensive track record in developing and implementing enterprise IoT technologies. The Group is the mobile world leader in IoT, with

59 million IoT connections and an international network and services platform for a wide range of business-critical applications.

The new, simple way for consumers to connect IoT devices

“V by Vodafone” comprises:

the dedicated IoT “V-Sim by Vodafone”. The Sim card will be shipped as standard with IoT-enabled consumer electronics products sold by Vodafone from today. “V-Sim by Vodafone” will be also offered by third-party retailers next year;
the “V by Vodafone” smartphone app, providing customers with a single and intuitive overview of all IoT-enabled products registered to their account. Setting up each product is simple: customers scan a QR code on the product packaging to register it and add the monthly fee to their existing Vodafone mobile account;
automatic straight-out-of-the-box connection to the international Vodafone IoT network in any of 32 countries. Customers benefit from a straightforward means of managing all of their connected devices from a single interface wherever they are, and wherever they travel. Unlike Wi-Fi-enabled devices, “V by Vodafone” products are constantly connected wherever there is a mobile signal;
a single, affordable fixed monthly price plan for each product connected with a “V-Sim by Vodafone”, making it easy for consumers to use multiple IoT-enabled products; and
during 2018, Vodafone will launch a new online product marketplace open to IoT developers that will greatly extend the product choice for customers.

The “V by Vodafone” concept and product range were developed with insights from comprehensive research involving more than 15,000 consumers in Germany, Italy, Spain and the UK.

Launch products

Vodafone has focused on four product categories at launch. Other categories will follow in 2018.

The products will be available for purchase by current Vodafone mobile customers from today in selected Vodafone stores in Germany, Italy, Spain and the UK. They can also be purchased online at v.vodafone.com.

V-Auto by Vodafone uses the same IoT technologies developed by Vodafone for some of the world’s most advanced connected cars. The “plug and drive” dongle can be added to most vehicles on European roads manufactured since 2002. The “V-Auto by Vodafone” dongle is fitted to […]

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The post Vodafone launches “V by Vodafone” bringing world-leading IoT expertise to consumers appeared on IPv6.net.

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Nine in ten UK businesses would consider switching to wireless broadband

By Zenobia Hedge

Cambridge Broadband Networks (CBNL), the provider of licensed point-to-multipoint (PMP) microwave and millimetre wave, has today announced the results of its ‘UK Enterprise Broadband Index’. The survey of 200 businesses, conducted by market research firm Mobilesquared, highlights the gap between enterprise connectivity demands and the services they receive. Almost unanimously, 89% of UK businesses said they would consider switching to wireless broadband. This is coupled with the fact all respondents admitted poor broadband has negatively impacted their performance over the last two years, but more than half (56%) have not changed provider.

These striking statistics highlight the challenges UK businesses face in sourcing and switching providers, along with the significant market opportunity that exists for disruptive wireless carriers.

“It’s clear that a growing number of businesses find their connectivity requirements are growing faster than many broadband services can keep up with,” said Lionel Chmilewsky, CEO, CBNL. “To promote economic growth, it is essential that businesses have access to a greater range of agile broadband solutions which can scale more effectively with demand. This trend is likely to see operators drive more innovation into networks over the coming years, leverage emerging technology and develop 5G fixed wireless services.”

CBNL’s survey highlights that almost half of UK businesses (47%) are not receiving the broadband speeds advertised by their provider. Additionally, one in three businesses (35%) said that they have been negatively impacted by slow broadband speeds, while 34% experienced significant periods of network downtime. This new data clearly shows businesses are looking for faster and more reliable broadband options, yet half (56%) choose to remain with their current providers.

When asked why they opt to stay, one in three (32%) wanted to avoid disruption, 23% were tied into lengthy contracts, while 16% were restricted to services provided as part of a building lease. Moreover, one in ten (10%) suggested they would change at the earliest opportunity, demonstrating an appetite for viable alternatives.

The research highlights the significant market opportunity for disruptive carriers, with 89% of companies stating they would consider moving to wireless services if the speed and reliability was comparable to, or greater than, their existing broadband. With pre-5G fixed wireless commercially available, carriers have an immediate opportunity to leverage more agile and cost effective solutions that can quickly address this demand.

The need for more efficient infrastructure is illustrated by the fact that over half (56%) of businesses spend less than 30% of their IT budget on connectivity. More importantly, less than half of all respondents plan to increase expenditure over the next 12 months. This divergence between enterprises’ connectivity expectations and their connectivity expenditure highlights the importance to operators of innovation, in order to sustain and improve long-term network profitability.

Lionel Chmilewsky

CBNL CEO Lionel Chmilewsky concluded, “This data shows the vital role high capacity wireless can play, providing a more attractive business case to connect under-served businesses and quickly scale existing networks to multi-gigabit speeds.

“More specifically, the data shows the benefits that 26GHz can bring to the UK enterprise market and the value of Ofcom’s decision to […]

The post Nine in ten UK businesses would consider switching to wireless broadband appeared first on IoT Now – How to run an IoT enabled business.

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Nine in ten UK businesses would consider switching to wireless broadband

By News Aggregator

By Zenobia Hedge

Cambridge Broadband Networks (CBNL), the provider of licensed point-to-multipoint (PMP) microwave and millimetre wave, has today announced the results of its ‘UK Enterprise Broadband Index’. The survey of 200 businesses, conducted by market research firm Mobilesquared, highlights the gap between enterprise connectivity demands and the services they receive. Almost unanimously, 89% of UK businesses said they would consider switching to wireless broadband. This is coupled with the fact all respondents admitted poor broadband has negatively impacted their performance over the last two years, but more than half (56%) have not changed provider.

These striking statistics highlight the challenges UK businesses face in sourcing and switching providers, along with the significant market opportunity that exists for disruptive wireless carriers.

“It’s clear that a growing number of businesses find their connectivity requirements are growing faster than many broadband services can keep up with,” said Lionel Chmilewsky, CEO, CBNL. “To promote economic growth, it is essential that businesses have access to a greater range of agile broadband solutions which can scale more effectively with demand. This trend is likely to see operators drive more innovation into networks over the coming years, leverage emerging technology and develop 5G fixed wireless services.”

CBNL’s survey highlights that almost half of UK businesses (47%) are not receiving the broadband speeds advertised by their provider. Additionally, one in three businesses (35%) said that they have been negatively impacted by slow broadband speeds, while 34% experienced significant periods of network downtime. This new data clearly shows businesses are looking for faster and more reliable broadband options, yet half (56%) choose to remain with their current providers.

When asked why they opt to stay, one in three (32%) wanted to avoid disruption, 23% were tied into lengthy contracts, while 16% were restricted to services provided as part of a building lease. Moreover, one in ten (10%) suggested they would change at the earliest opportunity, demonstrating an appetite for viable alternatives.

The research highlights the significant market opportunity for disruptive carriers, with 89% of companies stating they would consider moving to wireless services if the speed and reliability was comparable to, or greater than, their existing broadband. With pre-5G fixed wireless commercially available, carriers have an immediate opportunity to leverage more agile and cost effective solutions that can quickly address this demand.

The need for more efficient infrastructure is illustrated by the fact that over half (56%) of businesses spend less than 30% of their IT budget on connectivity. More importantly, less than half of all respondents plan to increase expenditure over the next 12 months. This divergence between enterprises’ connectivity expectations and their connectivity expenditure highlights the importance to operators of innovation, in order to sustain and improve long-term network profitability.

Lionel Chmilewsky

CBNL CEO Lionel Chmilewsky concluded, “This data shows the vital role high capacity wireless can play, providing a more attractive business case to connect under-served businesses and quickly scale existing networks to multi-gigabit speeds.

“More specifically, the data shows the benefits that 26GHz can bring to the UK enterprise market and the value of Ofcom’s decision to […]

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e-peas gets $4.2M to commercialize energy harvesting ICs for IoT devices

e-peas, a startup that has developed energy-harvesting and low power consumption ICs and microcontrollers raised $4.2M venture funding led by Partech Ventures. Other investors that participated in the funding round include Airbus Ventures, JCDecaux Holding, Semtech, SRIW and Vives.

E-peas energy harvesting solution

The Belgian Co-founders Geoffroy Gosset and Julien De Vos run the startup as CEO and CTO respectively.

The startup promises to extend battery lifetime of wireless devices by harvesting photovoltaic, thermal, vibration or RF energy via its ICs called power Management Integrated Circuits (PMIC). For instance, its photovoltaic ICs harvest energy from various light sources such as sun, bulbs, and natural indoor lighting. Similarly, the thermal IC can harvest energy using human heat, motor heat, and waste heat present in an environment.

The other product line of e-peas is a general purpose microcontroller based on a 32-bit ARM architecture. It contains internal communication peripherals, embedded memory, communication modules, and timers. The controller consumes less energy in active and standby mode compared to traditional microcontrollers used in sensor systems.

The startup plans to market the product line to companies developing wireless sensors, wearables, industrial nodes and other IoT systems.

One example of application they work with.

The key industry verticals it plans to sell its product to include retail, security, smart agriculture, and e-Health.

The idea of getting rid of batteries by sucking needed energy from ambient environment is not new, however, few startups are successful at delivering a product at a commercial scale. In March this year Tryst Energy launched its crowdfunding campaign on Kickstarter. It promised to launch energy harvesting hardware intended for IoT devices, though the project never materialized and was canceled.

e-peas launched in 2014 by securing local government grants and private seed investment funding. It used the capital to bring AEM10940 energy harvesting chip to market. The startup plans to use the latest funding proceeds to hire engineers and expand globally via partnerships.

Read more here:: feeds.feedburner.com/iot

e-peas gets $4.2M to commercialize energy harvesting ICs for IoT devices

By News Aggregator

e-peas, a startup that has developed energy-harvesting and low power consumption ICs and microcontrollers raised $4.2M venture funding led by Partech Ventures. Other investors that participated in the funding round include Airbus Ventures, JCDecaux Holding, Semtech, SRIW and Vives.

E-peas energy harvesting solution

The Belgian Co-founders Geoffroy Gosset and Julien De Vos run the startup as CEO and CTO respectively.

The startup promises to extend battery lifetime of wireless devices by harvesting photovoltaic, thermal, vibration or RF energy via its ICs called power Management Integrated Circuits (PMIC). For instance, its photovoltaic ICs harvest energy from various light sources such as sun, bulbs, and natural indoor lighting. Similarly, the thermal IC can harvest energy using human heat, motor heat, and waste heat present in an environment.

The other product line of e-peas is a general purpose microcontroller based on a 32-bit ARM architecture. It contains internal communication peripherals, embedded memory, communication modules, and timers. The controller consumes less energy in active and standby mode compared to traditional microcontrollers used in sensor systems.

The startup plans to market the product line to companies developing wireless sensors, wearables, industrial nodes and other IoT systems.

One example of application they work with.

The key industry verticals it plans to sell its product to include retail, security, smart agriculture, and e-Health.

The idea of getting rid of batteries by sucking needed energy from ambient environment is not new, however, few startups are successful at delivering a product at a commercial scale. In March this year Tryst Energy launched its crowdfunding campaign on Kickstarter. It promised to launch energy harvesting hardware intended for IoT devices, though the project never materialized and was canceled.

e-peas launched in 2014 by securing local government grants and private seed investment funding. It used the capital to bring AEM10940 energy harvesting chip to market. The startup plans to use the latest funding proceeds to hire engineers and expand globally via partnerships.

Read more here:: feeds.feedburner.com/iot

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