Welcome!

News Feed Item

IID Finds Murder by Internet, NFC Exploits Emerge as Genuine Cybersecurity Threats in 2013

Company's Predictions for 2014 Coming True a Year Early; IID Projects Housefires and Burglaries Caused by Hackers for 2015

TACOMA, WA -- (Marketwired) -- 12/16/13 -- IID, securing the Internet with shared cyber intelligence, today issued a midterm report on its cybersecurity predictions for 2014, revealing we are on our way to seeing many of these prognostications become a reality. The company also released its cybersecurity predictions two years out for 2015, which includes housefires and burglaries caused by hackers, and the demise of Bitcoin and Tor. The below findings are expanded upon at internetidentity.com/news/?id=427.

2014 Predictions Scorecard
Last year at this time, IID boldly envisioned that by the end of 2014:

  • We will witness the first ever public case of murder via hacked Internet-connected device.

    There has yet to be a proven case of murder via Internet however precautions by the U.S. Food and Drug Administration and former Vice President Dick Cheney were put in place to prevent this. Conspiracy theories have also swirled around the death of controversial journalist Michael Hastings.

  • Almost all of the applications written to interface with Near Field Communication (NFC) technology will be riddled with security holes, and massive losses will ensue.

    Many proven examples of the significant security holes in NFC have surfaced but there have been no documented massive losses.

  • There will be a strong response to cyberthreats in the form of an intelligence-sharing network through which companies and government institutions can collaborate on attacks. Also, Congress will enact new cybersecurity legislation that provides safe harbor protections, enabling collaborators to share intelligence more freely.

    This has come true both through directives from President Barack Obama and from congressional action.

  • There will be a large increase of government-sanctioned malware targeting other government institutions around the globe with nation states openly engaging in acts of cyber-espionage and sabotage.

    This has come true with China emerging as a serious cyber espionage threat in 2013, and North Korea reportedly launching cyberattacks.

  • There will be at least one successful penetration of a major infrastructure component like a power grid that results in billions of dollars in damage.

  • There will be an exploit of a significant military assault system like drones that result in real-world consequences.

    Fortunately, neither of these final two predictions has proven accurate that IID is aware of.

"Remember, however, that these prognostications were made for the end-of-year 2014, which means we've got another year to go," said Paul Ferguson, vice president of threat intelligence at IID. "Of course, while IID doesn't normally like being wrong, we would be more than relieved if these potential catastrophes never come to fruition."

New IID Predictions for 2015
IID isn't interested in making easily foreseeable, short-term predictions. Consequently, these latest prognostications are intended for two years from now.

IID predicts the following by the end of 2015:

  • Due to the "Internet of Things," where virtually everything electronic is conveniently connected to the Internet, malicious hackers will take advantage by burning houses down remotely and/or remotely turning off security systems to allow burglars inside.
  • Users will shun Bitcoin, the untraceable digital currency exchange and Tor, the anonymous Web browser, due to the high amount of criminal activity on both. This will lead to their collapse.
  • Cybercriminals will leverage new generic top-level domains (i.e. .aero, .biz, .museum, etc.) to cause mass confusion and disruptions to enterprises and consumers.

For more details about how IID came to its findings, go to internetidentity.com/news/?id=427.

About IID
IID empowers threat intelligence sharing for enterprises and governments in a trusted environment that reaches beyond limited trust groups. The company aggregates and analyzes widely sourced threat data, and delivers actionable intelligence to facilitate the protection of assets, brands and users. Top financial firms, the largest government agencies, and leading e-commerce companies, social networks and ISPs leverage IID to detect and mitigate threats. For more information about IID, go to www.internetidentity.com.

Add to Digg Bookmark with del.icio.us Add to Newsvine

Contact:
Andrew Goss
VOXUS Inc. (for IID)
253.444.5446
Email Contact

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
SYS-CON Events announced today that Bsquare has been named “Silver Sponsor” of SYS-CON's @ThingsExpo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. For more than two decades, Bsquare has helped its customers extract business value from a broad array of physical assets by making them intelligent, connecting them, and using the data they generate to optimize business processes.
I'm a lonely sensor. I spend all day telling the world how I'm feeling, but none of the other sensors seem to care. I want to be connected. I want to build relationships with other sensors to be more useful for my human. I want my human to understand that when my friends next door are too hot for a while, I'll soon be flaming. And when all my friends go outside without me, I may be left behind. Don't just log my data; use the relationship graph. In his session at @ThingsExpo, Ryan Boyd, Engi...
SYS-CON Events announced today that Pulzze Systems will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Pulzze Systems, Inc. provides infrastructure products for the Internet of Things to enable any connected device and system to carry out matched operations without programming. For more information, visit http://www.pulzzesystems.com.
SYS-CON Events announced today that Commvault, a global leader in enterprise data protection and information management, has been named “Bronze Sponsor” of SYS-CON's 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Commvault is a leading provider of data protection and information management solutions, helping companies worldwide activate their data to drive more value and business insight and to transform moder...
Fact is, enterprises have significant legacy voice infrastructure that’s costly to replace with pure IP solutions. How can we bring this analog infrastructure into our shiny new cloud applications? There are proven methods to bind both legacy voice applications and traditional PSTN audio into cloud-based applications and services at a carrier scale. Some of the most successful implementations leverage WebRTC, WebSockets, SIP and other open source technologies. In his session at @ThingsExpo, Da...
SYS-CON Events announced today that Secure Channels will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. The bedrock of Secure Channels Technology is a uniquely modified and enhanced process based on superencipherment. Superencipherment is the process of encrypting an already encrypted message one or more times, either using the same or a different algorithm.
Traditional on-premises data centers have long been the domain of modern data platforms like Apache Hadoop, meaning companies who build their business on public cloud were challenged to run Big Data processing and analytics at scale. But recent advancements in Hadoop performance, security, and most importantly cloud-native integrations, are giving organizations the ability to truly gain value from all their data. In his session at 19th Cloud Expo, David Tishgart, Director of Product Marketing ...
DevOps at Cloud Expo – being held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA – announces that its Call for Papers is open. Born out of proven success in agile development, cloud computing, and process automation, DevOps is a macro trend you cannot afford to miss. From showcase success stories from early adopters and web-scale businesses, DevOps is expanding to organizations of all sizes, including the world's largest enterprises – and delivering real results. Am...
Almost two-thirds of companies either have or soon will have IoT as the backbone of their business in 2016. However, IoT is far more complex than most firms expected. How can you not get trapped in the pitfalls? In his session at @ThingsExpo, Tony Shan, a renowned visionary and thought leader, will introduce a holistic method of IoTification, which is the process of IoTifying the existing technology and business models to adopt and leverage IoT. He will drill down to the components in this fra...
The vision of a connected smart home is becoming reality with the application of integrated wireless technologies in devices and appliances. The use of standardized and TCP/IP networked wireless technologies in line-powered and battery operated sensors and controls has led to the adoption of radios in the 2.4GHz band, including Wi-Fi, BT/BLE and 802.15.4 applied ZigBee and Thread. This is driving the need for robust wireless coexistence for multiple radios to ensure throughput performance and th...
SYS-CON Events announced today the Kubernetes and Google Container Engine Workshop, being held November 3, 2016, in conjunction with @DevOpsSummit at 19th Cloud Expo at the Santa Clara Convention Center in Santa Clara, CA. This workshop led by Sebastian Scheele introduces participants to Kubernetes and Google Container Engine (GKE). Through a combination of instructor-led presentations, demonstrations, and hands-on labs, students learn the key concepts and practices for deploying and maintainin...
Enterprise IT has been in the era of Hybrid Cloud for some time now. But it seems most conversations about Hybrid are focused on integrating AWS, Microsoft Azure, or Google ECM into existing on-premises systems. Where is all the Private Cloud? What do technology providers need to do to make their offerings more compelling? How should enterprise IT executives and buyers define their focus, needs, and roadmap, and communicate that clearly to the providers?
SYS-CON Events announced today that SoftLayer, an IBM Company, has been named “Gold Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2016, at the Javits Center in New York, New York. SoftLayer, an IBM Company, provides cloud infrastructure as a service from a growing number of data centers and network points of presence around the world. SoftLayer’s customers range from Web startups to global enterprises.
There is little doubt that Big Data solutions will have an increasing role in the Enterprise IT mainstream over time. Big Data at Cloud Expo - to be held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA - has announced its Call for Papers is open. Cloud computing is being adopted in one form or another by 94% of enterprises today. Tens of billions of new devices are being connected to The Internet of Things. And Big Data is driving this bus. An exponential increase is...
Digital innovation is the next big wave of business transformation based on digital technologies of which IoT and Big Data are key components, For example: Business boundary innovation is a challenge to excavate third-party business value using IoT and BigData, like Nest Business structure innovation may propose re-building business structure from scratch, as Uber does in the taxicab industry The social model innovation is also a big challenge to the new social architecture with the design fr...