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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.

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Financial Services Data – More at risk than you’d believe

Thales Cloud Protection & Licensing

One of the top findings from the 2018 Thales Data Threat Report, Financial Services Edition was that data breaches in U.S. financial services organizations are increasing at an alarming rate. The post Financial Services Data – More at risk than you’d believe appeared first on Data Security Blog | Thales eSecurity.

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Cloudflare: Mirai Botnet Launched Record-Breaking DDoS Attack

eSecurity Planet

Cloudflare last month fought off a massive distributed denial-of-service (DDoS) attack by a botnet that was bombarding 17.2 million requests per second (rps) at one of the internet infrastructure company’s customers in the financial services space. Growing IoT Will Fuel More Attacks. Mirai Still on the Loose.

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The Economy of Things: the next value lever for telcos

IBM Big Data Hub

Over the years, the Internet of Things (IoT) has evolved into something much greater: the Economy of Things (EoT). The number of IoT connected devices are growing in practically every industry, and is even predicted to reach 29 billion worldwide by 2030. These IoT connected devices form a critical backbone of data for industry.

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Unlocking value: Top digital transformation trends

IBM Big Data Hub

The Internet of Things (IoT) enables technologies to connect and communicate with each other. For instance, manufacturers can use IoT in their factories to know when their machines need repairing, known as preventive maintenance.

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State Attackers Moving from Stealing Data to Social Meddling

Ascent Innovations

Healthcare IoT. The healthcare IoT is problematic due to the increase in networked medical devices. They look to steal credit card numbers from financial services & insurance companies or install malware on the critical systems used by healthcare companies. Email phishing remains the top malware delivery mechanism.

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erwin’s Predictions for 2021: Data Relevance Shines at the End of the Tunnel

erwin

In highly regulated environments, such as financial services, healthcare and pharma, attestations, audit trails and compliance reporting are required regardless of circumstances and will be difficult with a manual, laborious approach. However, that definition is too narrow in terms of AI’s relation to data governance.