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MY TAKE: Why companies and consumers must collaborate to stop the plundering of IoT systems

The Last Watchdog

The Internet of Things (IoT) has come a long, long way since precocious students at Carnegie Melon University installed micro-switches inside of a Coca-Cola vending machine so they could remotely check on the temperature and availability of their favorite beverages. Related: Companies sustain damage from IoT attacks That was back in 1982.

IoT 279
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‘Satori’ IoT Botnet Operator Pleads Guilty

Krebs on Security

has pleaded guilty to federal hacking charges tied to his role in operating the “ Satori ” botnet, a crime machine powered by hacked Internet of Things (IoT) devices that was built to conduct massive denial-of-service attacks targeting Internet service providers, online gaming platforms and Web hosting companies.

IoT 217
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Sierra Wireless halted production at its manufacturing sites due to ransomware attack

Security Affairs

This week, IoT company Sierra Wireless disclosed a ransomware attack that hit its internal IT systems on March 20 and disrupted its production. Sierra Wireless is a Canadian multinational wireless communications equipment designer and manufacturer headquartered in Richmond, British Columbia, Canada. Pierluigi Paganini.

Wireless 142
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EU to Force IoT, Wireless Device Makers to Improve Security

eSecurity Planet

The European Union is poised to place more demands on manufacturers to design greater security into their wireless and Internet of Things (IoT) devices. The goal of the amendment – called a “delegated act” – is to ensure that all wireless devices are safe before they are sold in the EU. IoT market growth.

Wireless 109
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Ransomware Attack Foils IoT Giant Sierra Wireless

Threatpost

The ransomware attack has impacted the IoT manufacturer's production lines across multiple sites, and other internal operations.

IoT 124
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IoT Device Takeovers Surge 100 Percent in 2020

Threatpost

The COVID-19 pandemic, coupled with an explosion in the number of connected devices, have led to a swelling in IoT infections observed on wireless networks.

IoT 132
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Experts warn of China-linked APT’s Raptor Train IoT Botnet

Security Affairs

Researchers warn of a new IoT botnet called Raptor Train that already compromised over 200,000 devices worldwide. Cybersecurity researchers from Lumen’s Black Lotus Labs discovered a new botnet, named Raptor Train, composed of small office/home office (SOHO) and IoT devices. “This botnet has targeted entities in the U.S.

IoT 138