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Internet of Things (IoT) in Banking: Examples of IoT Solutions In Finance

CTOvision

Read Abhishek Pareek explain the best examples of the Internet of Things solutions in the finance sector on Customer Think : In financial services, the Internet of Things (IoT) is considered the next big thing. IoT is a network of devices connected through the internet which obtain and transmit data.

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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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Regulation remains the strongest multiplier to cybersecurity growth

CIO

The Internet of Things (IoT) vulnerabilities have also been increasing. According to Statista, the number of IoT devices exceeded 15 billion in 2023. Ransomware attacks have also increased in 2023 probably due to their perceived profitability.

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IoT satellite network startup Hiber secures €26M in funding round led by EU’s innovation agency

TechCrunch

European satellite and communications startup, Hiber BV has secured €26 million in EU and private investment to expand its IoT satellite network. It is a key step in realizing our aim of making the Internet of Things really simple and available for everyone in remote and developing regions of the world.”.

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New botnet Torii showcases next stage of IoT abuse, researchers say

The Parallax

Security researchers have caught hackers lashing together Internet-connected devices in a botnet they’re calling Torii, which uses techniques not seen in an IoT botnet before—including intercepting and stealing data, and using the Tor Project network to hide its network traffic. READ MORE ON BOTNETS AND THE INTERNET OF THINGS.

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Infogrid raises $15.5M from Northzone to retrofit buildings with ‘smart’ IoT

TechCrunch

Infogrid , an IoT startup which can retrofit an existing building to make it “smart”, has raised $15.5 Infogrid also has an “impact-style” mission to enable businesses to reduce the environmental and social cost of their buildings while simultaneously benefitting their bottom line and asset values.

IoT 206
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IoT Device Security: How to protect your IoT devices from attack?

Trigent

The Internet of Things or IoT is now practically part of our lives, home or work. But the security of IoT deployments is now a perennial concern for organizations while offering secure ecosystems for all. Interestingly, improving security was a key spending driver for most businesses when it came to adopting IoT.

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