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South Korean proptech startup Zigbang acquires Samsung SDS’ smart home IoT business

TechCrunch

Zigbang , a South Korean proptech startup that provides real estate transactions service, announced on Thursday that it will acquire Samsung SDS’ home internet of things (IoT) unit to make a foray into the smart home industry. . Its main products include digital door locks and wall pads that connect to users’ smartphones.

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Window Snyder’s new startup Thistle Technologies raises $2.5M seed to secure IoT devices

TechCrunch

The Internet of Things has a security problem. The past decade has seen wave after wave of new internet-connected devices, from sensors through to webcams and smart home tech, often manufactured in bulk but with little — if any — consideration to security. Thistle lands on the security scene at a time when IoT needs it most.

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2016 Internet of Things (IoT) Predictions

CTOvision

Gartner predicts that number of IoT devices in use worldwide will grow from an estimated 5 billion in 2015 to some 25 billion connected devices by 2020. The best business strategies will perfectly balance the ever-growing IoT market opportunities versus a rapidly evolving threat environment. Hacks will increase in scope and complexity.

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Primer: What DDoS attacks could mean for IoT

The Parallax

And although organizations can do certain things to mitigate the impact of an attack, our seemingly ever-increasing usage of Internet-connected devices is likely only inviting more DDoS trouble. DDoS attacks have been around since the Stone Age of the Internet: The first recorded denial-of-service attack dates back to 1974.

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Ransomware Exponentially Increasing as IoT Provides Physical Targeting Opportunities

CTOvision

Ransomware is increasingly targeting multiple industries with downtime and lost productivity as its attack surface expands beyond the virtual realm to the physical via the Internet of Things (IoT), however, organizations can posture against this threat with a comprehensive approach to risk management.

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SecuriThings snares $14M Series A to keep edge devices under control

TechCrunch

Managing IoT devices in a large organization can be a messy proposition, especially when many of them aren’t even managed directly by IT and often involve integrating with a number of third-party systems. Armis nabs $65M Series C as IoT security biz grows in leaps and bounds.

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WIT Connect: The Internet of Things – New Opportunities, New Risks

CTOvision

Women In Technology Presents: WIT Connect: The Internet of Things - New Opportunities, New Risks. Thursday, October 20, 2016. The Internet of Things (IoT) is creating unprecedented opportunities for business innovation and personal convenience. Register here: Internet of Things WiT.Connect Registration.

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