Multi-cloud application network and cybersecurity solutions provider F5 (NASDAQ: FFIV) stock has fallen (-35%) for the year. F5 enables organizations and data centers to defend its networks and applications from hackers and bots. The Company has largely pursued a growth by acquisition strategy to enter into and expand footprints in its operating segments. The Company is benefiting from the robust cloud and internet security tailwinds that are also driving growth for its competitors like Palo Alto Networks (NASDAQ: PANW) and Crowdstrike (NASDAQ: CRWD). The pandemic created the global supply chain disruption causing F5 networks to concentrate on its software business to mitigate the backlog in its hardware business. It bolstered its portfolio with Volterra and Threat Shack acquisitions in 2021 to double its total addressable market (TAM) in the cloud and application security segment. Supply chain disruptions have forced the Company to pivot more towards software and away from hardware. This has enabled its software segment to bring in 40% of its total revenues, up from under 24% pre-pandemic in 2019. Its also enabled the Company is generate 72% of its revenues from recurring sources. While the supply volume havent improved, there hasnt been any further deterioration since June 2022. This could set-up for a second half improvements as its suppliers expect to grow additional capacity by the end of 2022.

F5 originally sold application network controllers (ADCs) to data centers, internet service providers, and governments. ADCs allow application management of internet traffic between network devices and servers. Two catalysts forced the Company to transition towards growing its software business through a subscription model. First, the migration to cloud based applications has hurt the demand for on premise ADCs. Secondly, the global supply chain disruption has limited the ability to ship systems despite strong demand. The Company saw 38% growth in software sales that drove 4% revenue growth.

On July 25, 2022, F5 released its fiscal third-quarter earnings report for the quarter ending June 2022. The Company saw earnings-per-share (EPS) of $2.57, excluding non-recurring items, versus consensus analyst estimates of $2.23, beating by $0.34. Revenues rose 3.5% year-over-year (YoY) to $674.49 million beating analyst estimates for $667.81 million. The Company announced an additional $1 billion stock buyback program added to the remaining 272 million buyback program. F5 Networks CEO Francois Locoh-Donou commented, Customers depend on F5 to secure and deliver extraordinary digital experiences that drive their businesses and fuel their brands. Demand for security across all customer verticals fueled sales in our third quarter resulting in 4% total revenue growth despite ongoing semiconductor shortages.

F5 raised its guidance for Q4 2023 EPS of $2.45 to $2.57 verse $2.28 consensus analyst estimates. The Company estimates revenues of $680 million to $700 million versus $690.89 million consensus analyst estimates. Security concerns continue to drive most of its customer engagements fueling demand in both software and hardware as customers add and scale applications.

F5 continues to get wins and gain market share. A major global retailer choose F5 over an existing bot defense provider after a head-to-head three month proof of concept against its existing solution. Its distributed cloud bot solutions proved to be more efficient and convinced the client to deploy F5 for the protection of their apps and customers. F5 enables enterprises to simplify and secure their operations using both traditional and modern architectures. The launch of its new software-as-a-service (SaaS) platform offering in February of its distributed cloud services that enable the delivery of security, multi-cloud networking, and edge computing solutions is gaining traction. The Company is also seeing service providers scale and secure 4G cores and are beginning to move 5G cores into production. F5 is set to grow from software growth drivers and its distributed cloud services SaaS offerings.

Lets analyze FFIV on the daily and weekly time frames through the rifle charts. The weekly rifle chart uptrend has a rising 5-period moving average (MA) at $168.82 followed by the 15-period MA support at $160.89. The weekly 200-period support sits at $166.40. The weekly stochastic is rising towards the 70-band. This would normally be a bullish looking chart if not for the aggressive rug pull that caused shares to collapse straight through the weekly 5-period, 15-period, and 200-period MAs in a single candle to attempt to make a bottom near the $159.93 Fibonacci (fib) level. Bulls will need to protect the market structure low (MSL) buy trigger at the $157.43. The indicators especially the weekly stochastic will update as time goes on. The daily rifle chart is in the downtrend thats testing the 50-period MA support at $160.34. The daily 5-period MA resistance is falling at $164.86 followed by the 15-period MA at $169.16. The daily lower Bollinger Bands (BBs) are testing at $159.87. The daily stochastic has made a full oscillation down through the oversold 20-band. Attractive pullback levels are at the $157.43 weekly MSL trigger, $151.66, $147.54 fib, $142.43, $139.82 fib, $133.04 fib, and the $130.42 fib level.

Read more from the original source:
How the Pandemic Forced F5 to Flex its Software Side - Entrepreneur

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WISeKey is Implementing PostQuantum Algorithms in its Root of Trust Services and Semiconductors for IoT Security

Geneva August 31, 2022 WISeKey International Holding Ltd (WISeKey ) (SIX: WIHN, NASDAQ: WKEY), a leading global cybersecurity, Blockchain and IoT company, today announced advances in its Post-Quantum strategy designed to support a new grade of future-proof PKI services.

WISeKey is developing a new range of Trust Services, that will take advantage of the latest developments in post-quantum encryption (PQE) to be applied in real-world applications of digital signatures and encryption using PKI and digital certificates, such as secure communication channels (TLS), enhanced Key Exchanges and email security (S/MIME). These services are currently based in standards that can be improved to be resilient to quantum attacks and offer backwards compatibility with existing counterparts. WISeKey implementation of PQE is done around the concept of hybrid signatures which combine in a single X.509 certificate a conventional signature with a second signature using a PQE algorithm. This approach ensures backwards compatibility and opens a new horizon of cybersecurity services.

Later this year, WISeKey plans to offer a first Root of Trust based in PQE algorithms promoted currently by the NIST as valid candidates, which will be the foundation of a new portfolio of Trust Services and secure several IoT projects on which WISeKey is already working.

Previously WISeKey provided updates on its progress in developing post-quantum resistant algorithms by establishing strategic R&D partnerships with MINES Saint-Etienne Research Institute. WISeKeys R&D group has been working with several NISTs candidates for the MS600X Common Criteria products, such as Crystals-Kyber and Crystals-Dilithium, aiming to develop a complete post-quantum cryptography toolbox to be combined with new PKI-related Trust Services delivered by WISeKey.

These post-quantum cryptography initiatives will play a key role in controlling vulnerability and other risks related to quantum computers technologies which when used by hackers can give them the ability to crack cryptography algorithms, corrupt cybersecurity and compromise global economy by undermining the security foundations of the current financial and governmental services. These initiatives have received tremendous support by many government entities around the world through the sponsoring of public/private R&D projects. In particular, WISeKey is active in key initiatives promoted by French Agency for Cybersecurity (ANSSI), and by the National Cybersecurity Center of Excellence of the US NIST.

WISeKey is, once more, demonstrating a clear focus on playing an active role shaping the future of the internet security. We have a solid approach in developing new products to implement post-quantum encryption technologies, and for this we will be dedicating all the necessary R&D resources, said Carlos Moreira, Founder and CEO of WISeKey.

WISeKeysstrategy to further expand its U.S. operations will also benefit from its recent collaboration with NIST for the NCCoE Trusted IoT Device Network-Layer Onboarding and Lifecycle Management Consortium project. Additional information on this consortium can be found at:http://www.nccoe.nist.gov/projects/trusted-iot-device-network-layer-onboarding-and-lifecycle-management. For this project, WISeKey is working with NIST to define recommended practices for performing trusted network-layer onboarding, which will aid in the implementation and use of trusted onboarding solutions for IoT devices at scale. The WISeKey contributions to the project will be Trust Services for credentials and secure semiconductors to keep the credentials secure. Specifically, WISeKey will offer INeS Certificate Management Service (CMS) for issuing credentials and VaultIC secure semiconductors to provide tamperproof key storage and cryptographic acceleration.

About WISeKeyWISeKey (NASDAQ: WKEY; SIX Swiss Exchange: WIHN) is a leading global cybersecurity company currently deploying large-scale digital identity ecosystems for people and objects using Blockchain, AI, and IoT respecting the Human as the Fulcrum of the Internet. WISeKey microprocessors secure the pervasive computing shaping todays Internet of Everything. WISeKey IoT has an installed base of over 1.6 billion microchips in virtually all IoT sectors (connected cars, smart cities, drones, agricultural sensors, anti-counterfeiting, smart lighting, servers, computers, mobile phones, crypto tokens, etc.). WISeKey is uniquely positioned to be at the leading edge of IoT as our semiconductors produce a huge amount of Big Data that, when analyzed with Artificial Intelligence (AI), can help industrial applications predict the failure of their equipment before it happens.

Our technology is Trusted by the OISTE/WISeKeys Swiss-based cryptographic Root of Trust (RoT) provides secure authentication and identification, in both physical and virtual environments, for the Internet of Things, Blockchain, and Artificial Intelligence. The WISeKey RoT serves as a common trust anchor to ensure the integrity of online transactions among objects and between objects and people. For more information, visitwww.wisekey.com.

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Disclaimer:This communication expressly or implicitly contains certain forward-looking statements concerning WISeKey International Holding Ltd and its business. Such statements involve certain known and unknown risks, uncertainties and other factors, which could cause the actual results, financial condition, performance or achievements of WISeKey International Holding Ltd to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. WISeKey International Holding Ltd is providing this communication as of this date and does not undertake to update any forward-looking statements contained herein as a result of new information, future events or otherwise.

This press release does not constitute an offer to sell, or a solicitation of an offer to buy, any securities, and it does not constitute an offering prospectus within the meaning of article 652a or article 1156 of the Swiss Code of Obligations or a listing prospectus within the meaning of the listing rules of the SIX Swiss Exchange. Investors must rely on their own evaluation of WISeKey and its securities, including the merits and risks involved. Nothing contained herein is or shall be relied on as, a promise or representation as to the future performance of WISeKey.

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WISeKey is Implementing PostQuantum Algorithms in its Root of Trust Services and Semiconductors for IoT Security - StreetInsider.com

During a three-day workshop, regulatory and technological approaches to reduce the digital gap, mainly in rural areas, were shared.

The Embassy in partnership with the Ministry of Transportation and Communications (MTC) and the U.S. Trade Law Development Program organized a workshop to discuss regulatory approaches to bridge the digital gap and implement networks of resilient wireless communications for 5G technology.

Held from August 22 to 24, the workshop brought together government and private sector leaders from the United States, Peru, Australia, Bolivia, and Ecuador to discuss their efforts to advance broadband connectivity and bridge the digital gap. Interested parties also discussed the benefits of a diverse and competitive market in the transition to 5G and the importance of open and interoperable telecommunications networks.

The Deputy Minister of Communications of the Ministry of Transports and Communications, Vctor lvarez Herrera, mentioned that broadband Internet is the fundamental basis for the development of information and communication technologies, as well as the transformation towards a digital society and economy.

In that sense, he added that the governments approach is to promote greater coverage, especially rural, to close the digital gap, thus generating a positive socioeconomic impact in the country.

For his part, the Embassys Counselor for Economic Affairs, John Barrett, stated that connecting Peruvians and more people in the region who live in rural areas to the Internet will make a real difference in their lives: improving their health and education, providing greater opportunities for entrepreneurial and small business development, and ultimately unlocking the true potential of our economies.

Under the auspices of the Digital Connectivity and Cybersecurity Partnership (DCCP), the workshop advanced the conversation on the effective use of the universal service fund, best practices in broadband regulation, and expanding 5G provider security and the diversity of providers.

The Rural Broadband Connectivity Workshop boosted Perus efforts to reform legal frameworks to encourage the deployment of secure and interoperable 5G networks. The workshop also encouraged regional and global cooperation in a critical sector to drive economic growth in the region and beyond. This event also laid the groundwork for future collaboration between governments on network security and provider diversity, which are critical components for the universal deployment of broadband services.

Funding for this commitment was made possible by the DCCP, a multi-year approach by the U.S. government to foster an open and competitive internet, secure 5G networks, and promote safe and responsible business opportunities in countries around the world.

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PERU AND THE UNITED STATES ADVANCE CRITICAL INTERNET SECURITY AND CONNECTIVITY GOAL - US Embassy in Peru - USEmbassy.gov

Vedere Labs recently developed a proof-of-concept (PoC) ransomware for IoT (R4IoT) using as an example attack scenario a hospital network containing IoT devices such as IP cameras, IT workstations and OT in the form of building automation controllers. The goal of R4IoT was to:

This type of attack exploits an increased IoT attack surface and adds a new layer of extortion to common ransomware threats by targeting IoT and OT. We developed the concept based on threat intelligence we collected about the direction that ransomware actors could soon be moving to and the intent of helping organizations prepare for it. In the technical report accompanying the PoC, we describe in detail readily available detection and response actions for an R4IoT attack that serve as a playbook for organizations looking to defend against both current and future threats.

While novel, the R4IoT threat applies to almost every industry and organization nowadays. However, we chose a hospital for our attack scenario because of the diversity of IT, OT, IoT and Internet of Medical Things (IoMT) devices that healthcare delivery organization (HDO) bioengineers and SOC teams must manage. In this blog post, we explore why healthcare organizations would be a perfect target for an R4IoT-like attack, what that attack might look like and, most importantly, what you can do to avoid becoming a victim.

Healthcare was either the most or second-most affected vertical in Vedere Labs recent vulnerability research. That is true whether we look at vulnerabilities we found and disclosed on TCP/IP stacks (Project Memoria), IoT remote management platforms (Access:7) or OT equipment (OT:ICEFALL).

As mentioned above, that distinction is mainly due to the diversity of devices in HDOs. These complex institutions host a broad range of devices that are increasingly interconnected, frequently run legacy software and are often poorly segmented. IT devices process and exchange sensitive data, such as patient health records and financial information. OT and IoT devices are used for diverse functions such as building automation and patient entertainment. Unique to healthcare is the Internet of Medical Things (IoMT) connected medical devices essential to clinical care that can generate and exchange patient data with other devices.

These new connected technologies improve efficiency and quality of care. They also introduce new security risks. Especially since the COVID-19 pandemic, there has been an increase in the number and sophistication of cyberattacks on hospitals. So far, these attacks have been mainly ransomware targeting IT systems. But the increased connectivity and associated vulnerabilities are not restricted to IT devices.

Ransomware attacks on HDOs increased 94% from 2021 to 2022, with 41% of these attacks targeting U.S. institutions. More important than the increase of attacks is their growing sophistication. Three points stand out from recent activity:

Although these characteristics are similar to trends we have observed in other industries and organizations, they point to a changing ransomware landscape where attackers are constantly looking for new ways to gain access to and impact their targets.

The original R4IoT attack, shown in Figure 1, leverages internet-exposed IoT devices (such as IP cameras) for initial access and their connection to corporate assets (such as network video recording and other workstations) for lateral movement. Once the attacker reaches a machine that can communicate with a building automation controller, that device is taken offline by exploiting DoS vulnerabilities.

Figure 1 The original R4IoT scenario

Building automation devices are used in hospitals to control functions such as physical access control, fire alarm systems, lighting and HVAC (heating, ventilation and air conditioning). These functions are not directly connected to patients, but they are critical to delivering patient care.

HVAC systems, for instance, maintain temperature, humidity and air quality throughout a hospital per regulations. Changing some of these parameters can have disastrous consequences: reduced ventilation can increase the spread of airborne diseases such as influenza and COVID-19, and drastic changes in temperature can render operating rooms unusable or spoil biological samples.

So clearly, by taking building automation systems offline, the original R4IoT attack could impact HDOs well beyond data encryption. However, that original scenario stopped short of what singles out healthcare as a target: the clinical network hosting connected medical devices or IoMT, which all too often lacks appropriate segmentation and hosts vulnerable devices. Examples include:

Figure 2 shows a scenario like the original R4IoT, but instead of leveraging a workstation to attack building automation devices, the attacker leverages a doctors workstation to take offline connected medical devices on the clinical network. This obviously has an even greater effect on patient care, since some of these devices are critical to monitor a patients condition, sustain life support, or in some cases enable surgeries and other urgent procedures.

Figure 2 An R4IoT scenario targeting infusion pumps, imaging devices and patient monitors

Several variations of R4IoT attacks are possible in HDOs. Another example would be the attacker gaining access via vulnerable internet-connected patient telemetry devices, moving laterally to an unpatched nurses workstation connected to that telemetry device, then moving to a server hosting patient records, where communication with command-and-control servers is established, and finally attacking either the building automation system or other connected medical devices as in previous scenarios.

There are multiple ways to mitigate the impact of ransomware for IoT and minimize the risk of this threat. Here are three mitigation steps based on the NIST Cybersecurity Framework that could be applied to ransomware attacks:

Implementing the right mitigation requires extensive visibility and enhanced control of all assets in a network. Forescout Continuum Platform helps to achieve that via:

Figure 3 shows several possible mitigation actions enabled by Forescout against R4IoT, such as visibility of vulnerable assets, detection and stopping of malicious communications.Figure 3 Possible mitigations against R4IoT

As a concrete example, Figure 4 shows eyeInspect raising an alert for an RDP brute forcing attack from the IP camera to the NVR workstation, which is the first malicious action the attacker takes after gaining a foothold, to be able to move laterally to the corporate network. Figure 5 then shows an eyeSight policy to block the IP camera on the network switch once the malicious RDP brute forcing is detected. This effectively severs the attackers connection to the network, thus preventing the rest of the attack from ever taking place.

Figure 4 An eyeInspect alert for the RDP bruteforcing attack from the IP camera to the NVR workstation

Figure 5 An eyeSight policy to block the IP camera on the network switch once the malicious RDP brute forcing is detected

Sophisticated ransomware attacks can take healthcare organizations out of action for weeks or even months, as we saw beginning in 2020 with a series of high-profile Ryuk attacks on hospitals. Take this deep dive into defenses based on Ryuk that you can implement now.

The post What to Do When Ransomware Meets the Internet of Medical Things appeared first on Forescout.

*** This is a Security Bloggers Network syndicated blog from Forescout authored by Vedere Labs. Read the original post at: https://www.forescout.com/blog/what-to-do-when-ransomware-meets-the-internet-of-medical-things/

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What to Do When Ransomware Meets the Internet of Medical Things - Security Boulevard

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The Internet of Things (IoT) holds enormous promise.

First, theres the promise to have an even greater impact than the launch of the internet, providing universal connectivity and ongoing innovation from real-time data. Were already seeing this in action.

Second, is the promise of even greater security than traditional IT environments, where humans and manual processes are typically the weakest link. We still have progress to make on this front.

Weve now learned that breaches within machine-controlled networks are exponentially more disruptive, opening the door for device misuse, data compromise, and a host of other destructive actions.

But the promise of greater security is still viable. It requires us to learn from past experiences and build a solid foundation across the IoT ecosystem that prioritizes security from the very beginning. Heres a look at whats at stake.

The stakes for getting IoT security right have never been higher. The introduction of the Industrial IoT (IIoT) brings incredible potential to sectors like automotive, healthcare, energy, and aerospace, but the cost of a breach in these domains is irrevocably high.

Consider the case of healthcare: A typical healthcare delivery organization has 20,000 connected medical devices. Any systems that store personal information and medical records are high targets for identity thieves. Even more alarmingly, the wrong party gaining control over medical equipment could have fatal consequences. In 2017, the FDA recalled 465,000 pacemakers after discovering security flaws that could allow hackers to drain device batteries or send malicious instructions to modify a patients heartbeat.

Meanwhile, connected vehicles are another increasingly popular IIoT use case that carries equally significant risks. Since 2015, weve seen numerous attacks in which third parties accessed a vehicle remotely and took action like turning off the transmission while driving or adjusting the speed of the car. Attacks like these could seriously harm not only those in the vehicle, but those around them as well.

Too often, IoT devices use static passwords or shared keys, which create serious risk because a compromise to one device can affect all devices. Instead, each device needs its own unique digital certificate.

Using unique credentials on each device not only minimizes the impact should one device become compromised, but it also allows for more secure ongoing communications. It enables organizations to validate each device on its own, send secure messages and updates to a single device, and authenticate any data that comes in from a particular device.

The Internet of Things (IoT) holds enormous promise.

First, theres the promise to have an even greater impact than the launch of the internet, providing universal connectivity and ongoing innovation from real-time data. Were already seeing this in action.

Second, is the promise of even greater security than traditional IT environments, where humans and manual processes are typically the weakest link. We still have progress to make on this front.

Weve now learned that breaches within machine-controlled networks are exponentially more disruptive, opening the door for device misuse, data compromise, and a host of other destructive actions.

But the promise of greater security is still viable. It requires us to learn from past experiences and build a solid foundation across the IoT ecosystem that prioritizes security from the very beginning. Heres a look at whats at stake.

The stakes for getting IoT security right have never been higher. The introduction of the Industrial IoT (IIoT) brings incredible potential to sectors like automotive, healthcare, energy, and aerospace, but the cost of a breach in these domains is irrevocably high.

Consider the case of healthcare: A typical healthcare delivery organization has 20,000 connected medical devices. Any systems that store personal information and medical records are high targets for identity thieves. Even more alarmingly, the wrong party gaining control over medical equipment could have fatal consequences. In 2017, the FDA recalled 465,000 pacemakers after discovering security flaws that could allow hackers to drain device batteries or send malicious instructions to modify a patients heartbeat.

Meanwhile, connected vehicles are another increasingly popular IIoT use case that carries equally significant risks. Since 2015, weve seen numerous attacks in which third parties accessed a vehicle remotely and took action like turning off the transmission while driving or adjusting the speed of the car. Attacks like these could seriously harm not only those in the vehicle, but those around them as well.

Too often, IoT devices use static passwords or shared keys, which create serious risk because a compromise to one device can affect all devices. Instead, each device needs its own unique digital certificate.

Using unique credentials on each device not only minimizes the impact should one device become compromised, but it also allows for more secure ongoing communications. It enables organizations to validate each device on its own, send secure messages and updates to a single device, and authenticate any data that comes in from a particular device.

The Internet of Things (IoT) holds enormous promise.

First, theres the promise to have an even greater impact than the launch of the internet, providing universal connectivity and ongoing innovation from real-time data. Were already seeing this in action.

Second, is the promise of even greater security than traditional IT environments, where humans and manual processes are typically the weakest link. We still have progress to make on this front.

Weve now learned that breaches within machine-controlled networks are exponentially more disruptive, opening the door for device misuse, data compromise, and a host of other destructive actions.

But the promise of greater security is still viable. It requires us to learn from past experiences and build a solid foundation across the IoT ecosystem that prioritizes security from the very beginning. Heres a look at whats at stake.

The stakes for getting IoT security right have never been higher. The introduction of the Industrial IoT (IIoT) brings incredible potential to sectors like automotive, healthcare, energy, and aerospace, but the cost of a breach in these domains is irrevocably high.

Consider the case of healthcare: A typical healthcare delivery organization has 20,000 connected medical devices. Any systems that store personal information and medical records are high targets for identity thieves. Even more alarmingly, the wrong party gaining control over medical equipment could have fatal consequences. In 2017, the FDA recalled 465,000 pacemakers after discovering security flaws that could allow hackers to drain device batteries or send malicious instructions to modify a patients heartbeat.

Meanwhile, connected vehicles are another increasingly popular IIoT use case that carries equally significant risks. Since 2015, weve seen numerous attacks in which third parties accessed a vehicle remotely and took action like turning off the transmission while driving or adjusting the speed of the car. Attacks like these could seriously harm not only those in the vehicle, but those around them as well.

Too often, IoT devices use static passwords or shared keys, which create serious risk because a compromise to one device can affect all devices. Instead, each device needs its own unique digital certificate.

Using unique credentials on each device not only minimizes the impact should one device become compromised, but it also allows for more secure ongoing communications. It enables organizations to validate each device on its own, send secure messages and updates to a single device, and authenticate any data that comes in from a particular device.

The Internet of Things (IoT) holds enormous promise.

First, theres the promise to have an even greater impact than the launch of the internet, providing universal connectivity and ongoing innovation from real-time data. Were already seeing this in action.

Second, is the promise of even greater security than traditional IT environments, where humans and manual processes are typically the weakest link. We still have progress to make on this front.

Weve now learned that breaches within machine-controlled networks are exponentially more disruptive, opening the door for device misuse, data compromise, and a host of other destructive actions.

But the promise of greater security is still viable. It requires us to learn from past experiences and build a solid foundation across the IoT ecosystem that prioritizes security from the very beginning. Heres a look at whats at stake.

The stakes for getting IoT security right have never been higher. The introduction of the Industrial IoT (IIoT) brings incredible potential to sectors like automotive, healthcare, energy, and aerospace, but the cost of a breach in these domains is irrevocably high.

Consider the case of healthcare: A typical healthcare delivery organization has 20,000 connected medical devices. Any systems that store personal information and medical records are high targets for identity thieves. Even more alarmingly, the wrong party gaining control over medical equipment could have fatal consequences. In 2017, the FDA recalled 465,000 pacemakers after discovering security flaws that could allow hackers to drain device batteries or send malicious instructions to modify a patients heartbeat.

Meanwhile, connected vehicles are another increasingly popular IIoT use case that carries equally significant risks. Since 2015, weve seen numerous attacks in which third parties accessed a vehicle remotely and took action like turning off the transmission while driving or adjusting the speed of the car. Attacks like these could seriously harm not only those in the vehicle, but those around them as well.

Too often, IoT devices use static passwords or shared keys, which create serious risk because a compromise to one device can affect all devices. Instead, each device needs its own unique digital certificate.

Using unique credentials on each device not only minimizes the impact should one device become compromised, but it also allows for more secure ongoing communications. It enables organizations to validate each device on its own, send secure messages and updates to a single device, and authenticate any data that comes in from a particular device.

Get actionable insights from 1,200+ IT and security professionals on the next frontier for IAM strategy machine identities.

Read the Report

Get actionable insights from 1,200+ IT and security professionals on the next frontier for IAM strategy machine identities.

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Making a Secure Internet of Things a Reality: 5 Steps to Get Started - Security Boulevard