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With the rising concern over IoT security, it comes as no surprise that a new report released this month by Scrutinise Research and Analysis finds immediate action is needed to avert potential catastrophic fallout from IoT security breaches

Security Update

Security concerns continue to occupy consumers and businesses alike. Flash Networks announced a new network-based security solution that it claims seamlessly integrates into mobile operators' network policy to answer the need of MNOs to provide subscriber protection. Flash Networks xtraArmor, is a client-less mobile threat detection and prevention solution that integrates seamlessly into mobile operators' network policy, expressly answering the needs of mobile operators.

DNS security and services solutions provider Nominum launched its new DNS-based Security-as-a-Service solution sold through ISPs and telecom operators to protect public and private Wi-Fi networks from ransomware, phishing, and other cyberthreats. The new cloud-based DNS security solution is being offered as a network-based service by internet service providers to protect their enterprise and small-and-mid-sized business (SMB) customers against the damage caused by cyberthreats. The carrier-class solution also secures retail locations, stadiums, transit centers and other venues where public Wi-Fi networks enable guests and their devices to stay connected.

Consumer cyber security company Bullguard announced the launch of its new consumer cyber-security solution that the company claims delivers enterprise-grade comprehensive smart home security against cyber-attacks. The product was developed to address growing consumer use of the Internet of Things and increasing cyber-security concerns for the billions of connected Internet of Things devices on the market today – from smart alarms, thermostats, and baby monitors to smart appliances, lighting, locks and more.

Verizon Enterprise Solutions launched a new Software-Defined Perimeter (SDP) service that enables enterprise customers to proactively identify and block cyber-attacks by creating a virtual boundary around their network. The scalable Software-as-a-Service (SaaS) solution provides pre-authenticated, context-aware, secure access to enterprise applicationsThe service works by isolating communications between enterprise applications and end-user devices, enabling rapid identification and prevention of network-based cyber-attacks such as denial of service, connection hijacking, and credential theft.

With the rising concern over IoT security, it comes as no surprise that a new report released this month by Scrutinise Research and Analysis finds immediate action is needed to avert potential catastrophic fallout from IoT security breaches. The new “Securing the Internet of Things” report, published jointly with technology content marketing agency Ilex Content Strategies, highlights the security risks present in the Internet of Things and recommends a four-pronged approach to prevent security breaches, including built-in product security, consumer education, international IoT standards and best practices, and improved government regulations and penalties for non-compliance.

Rep. Marsha Blackburn (R-Tenn.), Chair of the House Subcommittee on Communications and Technology, this month introduced the BROWSER Act (H.R. 2520) to address privacy policies in the wake of the Privacy Congressional Review Act that was signed by President Trump on April 3. The bill requires companies that are providing broadband internet access service (BIAS) and edge services to give users notice of their privacy policies, obtain opt-in consent for sensitive data, and opt-out consent for non-sensitive data. Sensitive information includes financial, health, info pertaining to children under age 13, SSN, geo-location info, content of communications and web browsing history.

A new FICO survey released this month reveals that fraud managers at major banks in the Asia Pacific region regard telecommunications companies as the second largest target for cyber data breaches and threaten to stop doing business with telcos if they fail cyber-security audits. The survey indicated that large retailers were viewed as the greatest data breach risk (84%) in 2017, with telecommunications companies ranking second (70%). Half of all respondents reported their cyber-security budget increased at least 10 to 25 percent over the last twelve months in response to growing data security threats.

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