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The quiet threat inside ‘internet of things’ devices
As Americans increasingly buy and install smart devices in their homes, all those cheap interconnected devices create new security problems for individuals and society as a whole. The problem is compounded by businesses radically expanding the number of sensors and remote monitors it uses to manage overhead lights in corporate offices and detailed manufacturing processes in factories. Governments, too, are getting into the act – cities, especially, want to use new technologies to improve energy efficiency, reduce traffic congestion and improve water quality. The number of these “internet of things” devices is climbing into the tens of billions. They’re creating an interconnected world with the potential to make people’s lives more enjoyable, productive, secure and efficient. But those very same devices, many of which have no real security protections, are also becoming part of what are called “botnets,” vast networks of tiny computers vulnerable to hijacking by hackers.
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How Russia hacked U.S. power grid
In an aptly titled investigative report — “America’s Electric Grid Has a Vulnerable Back Door—and Russia Walked Through It” — the Wall Street Journal has used “documents, computer records and interviews” to reconstruct exactly how Russian hackers accessed the U.S. electric grid in the spring of 2016, an attack that continued through 2017 and possibly 2018.
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Evidence mounts suggesting “Country A” is Russia
Alston & Bird, a law firm with experience representing Russian interests, is involved in the mystery grand jury subpoena case assumed to be related to Special Counsel Robert Mueller’s investigation. The case involves a foreign-owned corporation — a financial institution — which is refusing to turn over documents and incurring a daily $50,000 fine.
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2018 fourth costliest year in insured losses
2018 was the fourth-costliest year since 1980 in terms of insured losses. This was due to an accumulation of severe and costly events in the second half of the year. A comparison with the last 30 years shows that 2018 was above the inflation-adjusted overall loss average of $140bn. The figure for insured losses – $80bn – was significantly higher than the 30-year average of $41bn. 2018 therefore ranks among the ten costliest disaster years in terms of overall losses, and was the fourth-costliest year since 1980 for the insurance industry.
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It’s the prices, stupid: Americans spend a lot on health care, but get less care
Americans on average continue to spend much more for health care—while getting less care—than people in other developed countries. The researchers determined that the higher overall health care spending in the U.S. was due mainly to higher prices—including higher drug prices, higher salaries for doctors and nurses, higher hospital administration costs and higher prices for many medical services.
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Cybercrime is on the rise, and Norway is worried
As society becomes ever more technology-driven and digitized, electronic crime is rising along with it. In Norway, cybercrime results in an annual loss of 0.64 percent of Norway’s GDP — this amounts to NOK 19 billion ($2.2 billion) a year, money that does not benefit society.
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A personality trait puts you at risk for cybercrime
Impulse online shopping, downloading music and compulsive email use are all signs of a certain personality trait that make you a target for malware attacks. New research examines the behaviors – both obvious and subtle – that lead someone to fall victim to cybercrime involving Trojans, viruses and malware.
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DHS S&T awards $1.14 million for improving cyber data privacy
DHS S&T has awarded a total of $1,149,900 across two organizations to develop new research and development (R&D) capabilities to enhance the management of privacy threats and vulnerabilities.
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New Australian law would compel tech firms to hand over encrypted data
Australia’s parliament earlier today (Thursday) passed a controversial measure which will force tech firms to give police access to the encrypted communications of suspected terrorists and criminals. The law, fiercely opposed by big tech firms, has engendered heated debate over national security and privacy at a time law enforcement agencies are struggling with how to access encrypted information to monitor illegal activities. The passage of the law may have global implications for encrypted communications. Critics say the law may unleash unintended consequences.
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Israeli device that extracts water from the air helps California firefighters quench thirst
An emergency response vehicle (ERV) carrying an innovative Israeli machine that pulls drinking water out of ambient air is on its way to California to provide hydration to police and firefighters dealing with the aftermath of two massive wildfires that have taken at least eighty-seven lives.
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Border wall came at high cost and low benefit to U.S. workers: Economists
Researchers find the Secure Fence Act of 2006, which built a partial wall across the U.S.-Mexico border, had a negative economic impact on U.S. citizens. From 2007 to 2010, the United States built an additional 548 miles of fencing across the U.S.-Mexico border. The fence came at a high cost to American taxpayers and only minimally reduced unauthorized Mexican migration, according to the new research.
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$2.5 million to support collaborative cybersecurity R&D
DHS S&T and its counterparts in the Netherlands jointly announced a total of $2.5 million in collaborative cybersecurity research and development (R&D) across five U.S-Dutch research teams. The five research teams will collaborate to develop solutions for Distributed Denial of Defense Security (DDoSD) and Industrial Controls Systems Security.
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He got mugged, then revamped 911 for the next generation
Israeli company Carbyne has re-engineered the infrastructure for 911 services from the ground up, to take advantage of all the innovations that have come along in the 20 to 30 years since most emergency systems were built. Those innovations include the ability to see the location of a caller on a map, to chat by text if a voice call is not possible, to use VoIP (Voice over IP) services like WhatsApp and Skype, and to stream video so the 911 operator can see what’s happening in real time.
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Next-gen cybersecurity solutions for Internet of Things
Industry experts forecast that more than 20 billion wireless devices of all types—from smart TVs, phones and home appliances to health care monitors and manufacturing process controls—will be connected worldwide via the emerging Internet of Things (IoT) by 2020. Malicious cyber activity, which cost the U.S. economy $57 to $109 billion in 2016 alone, is expected to rise by 22 percent each year, disrupting both consumer and business use of these devices and putting the economy at risk.
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Fracking-related water storage tied to earthquake risk
In addition to producing oil and gas, the energy industry produces a lot of water, about 10 barrels of water per barrel of oil on average. New research has found that where the produced water is stored underground influences the risk of induced earthquakes.
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More headlines
The long view
If Trump Wants More Deportations, He’ll Need to Target the Construction Industry
As President Donald Trump sends mixed messages about immigration enforcement, ordering new raids on farms and hotels just days after saying he wouldn’t target those industries, he has hardly mentioned the industry that employs the most immigrant laborers: construction. Almost a quarter of all immigrants without a college degree work in construction.
Federal R&D Funding Boosts Productivity for the Whole Economy − Making Big Cuts to Such Government Spending Unwise
Large cuts to government-funded research and development can endanger American innovation – and the vital productivity gains it supports. If the government were to abandon its long-standing practice of investing in R&D, it would significantly slow the pace of U.S. innovation and economic growth.
Smaller Nuclear Reactors Spark Renewed Interest in a Once-Shunned Energy Source
In the past two years, half the states have taken action to promote nuclear power, from creating nuclear task forces to integrating nuclear into long-term energy plans.