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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

million in seed funding from True Ventures with the goal of helping IoT manufacturers reliably and securely deliver software updates to their devices. Thistle lands on the security scene at a time when IoT needs it most. Mirai had ensnared thousands of IoT devices into its network at the time of the attack.

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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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Simple IoT Alert Notification Using AWS IoT Rule and SNS

Cloud That

Creation of IoT Rule. Whenever some parameters threshold exceeds, we must notify the end users, in this blog we will look at how to include IoT alert notifications using an AWS IoT Rule and SNS. You can use the AWS IoT Rules Engine to describe how data sent to AWS IoT Core interact with AWS services. Conclusion.

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Primer: What DDoS attacks could mean for IoT

The Parallax

In 2016, he says, security company Sucuri found that hackers used a DDoS attack to take down the site of a small jewelry store after hacking its Internet-connected security cameras. IoT-initiated attacks like this one, he says, are smaller in scale and less potent than traditional DDoS attacks.

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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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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. million in 2015 to 638 million in 2016.

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