Click here to close now.

SYS-CON MEDIA Authors: Elizabeth White, Liz McMillan, AppDynamics Blog, Ed Featherston, Pat Romanski

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
All major researchers estimate there will be tens of billions devices - computers, smartphones, tablets, and sensors - connected to the Internet by 2020. This number will continue to grow at a rapid pace for the next several decades. With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo, June 9-11, 2015, at the Javits Center in New York City. Learn what is going on, contribute to the discussions, and ensure that your enter...
The security devil is always in the details of the attack: the ones you've endured, the ones you prepare yourself to fend off, and the ones that, you fear, will catch you completely unaware and defenseless. The Internet of Things (IoT) is nothing if not an endless proliferation of details. It's the vision of a world in which continuous Internet connectivity and addressability is embedded into a growing range of human artifacts, into the natural world, and even into our smartphones, appliances, a...
In a recent research, analyst firm IDC found that the average cost of a critical application failure is $500,000 to $1 million per hour and the average total cost of unplanned application downtime is $1.25 billion to $2.5 billion per year for Fortune 1000 companies. In addition to the findings on the cost of the downtime, the research also highlighted best practices for development, testing, application support, infrastructure, and operations teams.
There is no doubt that Big Data is here and getting bigger every day. Building a Big Data infrastructure today is no easy task. There are an enormous number of choices for database engines and technologies. To make things even more challenging, requirements are getting more sophisticated, and the standard paradigm of supporting historical analytics queries is often just one facet of what is needed. As Big Data growth continues, organizations are demanding real-time access to data, allowing immed...
T-Mobile has been transforming the wireless industry with its “Uncarrier” initiatives. Today as T-Mobile’s IT organization works to transform itself in a like manner, technical foundations built over the last couple of years are now key to their drive for more Agile delivery practices. In his session at DevOps Summit, Martin Krienke, Sr Development Manager at T-Mobile, will discuss where they started their Continuous Delivery journey, where they are today, and where they are going in an effort ...
Enterprises are fast realizing the importance of integrating SaaS/Cloud applications, API and on-premises data and processes, to unleash hidden value. This webinar explores how managers can use a Microservice-centric approach to aggressively tackle the unexpected new integration challenges posed by proliferation of cloud, mobile, social and big data projects. Industry analyst and SOA expert Jason Bloomberg will strip away the hype from microservices, and clearly identify their advantages and d...
Container frameworks, such as Docker, provide a variety of benefits, including density of deployment across infrastructure, convenience for application developers to push updates with low operational hand-holding, and a fairly well-defined deployment workflow that can be orchestrated. Container frameworks also enable a DevOps approach to application development by cleanly separating concerns between operations and development teams. But running multi-container, multi-server apps with containers ...
Software Development Solution category in The 2015 American Business Awards, and will ultimately be a Gold, Silver, or Bronze Stevie® Award winner in the program. More than 3,300 nominations from organizations of all sizes and in virtually every industry were submitted this year for consideration. "We are honored to be recognized as a leader in the software development industry by the Stevie Awards judges," said Steve Brodie, CEO of Electric Cloud. "We introduced ElectricFlow and our Deploy app...
What do a firewall and a fortress have in common? They are no longer strong enough to protect the valuables housed inside. Like the walls of an old fortress, the cracks in the firewall are allowing the bad guys to slip in - unannounced and unnoticed. By the time these thieves get in, the damage is already done and the network is already compromised. Intellectual property is easily slipped out the back door leaving no trace of forced entry. If we want to reign in on these cybercriminals, it's hig...
SYS-CON Events announced today that DragonGlass, an enterprise search platform, will exhibit at SYS-CON's 16th International Cloud Expo®, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. After eleven years of designing and building custom applications, OpenCrowd has launched DragonGlass, a cloud-based platform that enables the development of search-based applications. These are a new breed of applications that utilize a search index as their backbone for data...
Mobile commerce traffic is surpassing desktop, yet less than 20% of sales in the U.S. are mobile commerce sales. In his session at 15th Cloud Expo, Dan Franklin, Segment Manager, Commerce, at Verizon Digital Media Services, defined mobile devices and discussed how next generation means simplification. It means taking your digital content and turning it into instantly gratifying experiences.
Discussions about cloud computing are evolving into discussions about enterprise IT in general. As enterprises increasingly migrate toward their own unique clouds, new issues such as the use of containers and microservices emerge to keep things interesting. In this Power Panel at 16th Cloud Expo, moderated by Conference Chair Roger Strukhoff, panelists will address the state of cloud computing today, and what enterprise IT professionals need to know about how the latest topics and trends affec...
SYS-CON Events announced today that EnterpriseDB (EDB), the leading worldwide provider of enterprise-class Postgres products and database compatibility solutions, will exhibit at SYS-CON's 16th International Cloud Expo®, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. EDB is the largest provider of Postgres software and services that provides enterprise-class performance and scalability and the open source freedom to divert budget from more costly traditiona...
Fundamentally, SDN is still mostly about network plumbing. While plumbing may be useful to tinker with, what you can do with your plumbing is far more intriguing. A rigid interpretation of SDN confines it to Layers 2 and 3, and that's reasonable. But SDN opens opportunities for novel constructions in Layers 4 to 7 that solve real operational problems in data centers. "Data center," in fact, might become anachronistic - data is everywhere, constantly on the move, seemingly always overflowing. Net...
Gartner predicts that the bulk of new IT spending by 2016 will be for cloud platforms and applications and that nearly half of large enterprises will have cloud deployments by the end of 2017. The benefits of the cloud may be clear for applications that can tolerate brief periods of downtime, but for critical applications like SQL Server, Oracle and SAP, companies need a strategy for HA and DR protection. While traditional SAN-based clusters are not possible in these environments, SANless cluste...