By
Paula ParisiMarch 10, 2022
Alphabet has agreed to purchase cybersecurity firm Mandiant in a deal valued at nearly $5.4 billion. Mandiant — which services global enterprises, governments and law enforcement agencies — brings expertise that will fortify Alphabet’s Google Cloud with increased security at a time when businesses worldwide are focused on preventing cyberattacks. The deal, which is subject to regulatory approval, is expected to close later this year. The fact that Mandiant complements, rather than expands, Google’s sphere of influence should prove beneficial as Alphabet faces antitrust lawsuits from the Justice Department and U.S. states. Continue reading Google to Spend $5.4 Billion for Cybersecurity Firm Mandiant
By
Paula ParisiMarch 9, 2022
Cryptography experts from Stanford University are brewing up Espresso, a new Layer-1 system that aims to crack the so-called ‘blockchain trilemma’ of balancing decentralization, security and scalability. Described as a privacy-focused blockchain geared to those who find the public-facing aspect of most platforms unsuitable for their sensitive data, Espresso Systems is building “solutions that will unlock new possibilities for Web3 applications and usher in the next generation of users.” The company stepped out of the lab this week to introduce itself with $32 million in funding, led by Electric Capital and Greylock Partners. Continue reading Espresso Raises $32M in Its Bid to Advance Blockchain Tech
By
Paula ParisiFebruary 24, 2022
The global smart home device market is pegged at $41.2 billion in 2022, and is expected to hit $73.1 billion by 2026, according to Global Industry Analysts. That’s one reason companies like Apple, Google, Samsung and Amazon have established smart home platforms that enable mobile phones or Alexa to change thermostat settings or turn on the lights using apps that don’t require much fuss. But when it comes to interoperating among various devices and appliances, that’s where an industry standard comes in handy, and Matter, which debuts this year, expects to fill that niche. Continue reading Big and Small Players Support Matter Smart Home Standard
By
Paula ParisiFebruary 18, 2022
Clearview AI is positioning itself for a major expansion that is already generating major controversy. At a December financial presentation, the New York-based firm reportedly predicted it will have 100 billion facial images in its database by the end of 2022 — or about 14 photos for each of the earth’s 7 billion people. And there is said to have been talk of surveilling gig economy workers, identifying people based on how they walk and remotely scanning fingerprints. While the company’s 34-year-old founder and chief exec Hoan Ton-That is careful to present the firm as a crime-fighting tool, its broader implications are chilling. Continue reading Clearview AI Courts Investors While Facing Privacy Pushback
By
Paula ParisiFebruary 4, 2022
The Commerce Department is taking steps to shore-up federal rules against potential security risks from foreign-owned social platforms like ByteDance’s TikTok, expanding federal oversight to include apps that might be used by “foreign adversaries to steal or otherwise obtain data,” a recent filing in the Federal Register stipulates. The proposed rule allows the commerce secretary to designate certain foreign apps as security risks and force software connected to the Internet to submit to third-party auditing. Such audits could include monitoring logs that show user data as well as the parsing of source code. Continue reading Biden Administration Intends to Contain TikTok Security Risk
By
Paula ParisiJanuary 13, 2022
Matter was a big player at CES 2022. Built around the premise that smart homes need a single, unifying interface standard that makes devices “secure, reliable and seamless to use,” the Matter alliance now has more than 220 member companies, including Apple, Comcast, LG and Samsung. Amazon announced developers can add Frustration-Free Setup on Matter-certified devices using the Matter SDK, and Google declared its Fast Pair simple setup is supporting Matter. As companies build new smart products, Matter believes that users should merely plug them in to make them operational on the home network. Continue reading CES: Support for Matter Helps Drive Smart Home Momentum
CES 2022 featured a compelling session that focused on “Artificial Intelligence: Expectations, Rules and Achievement,” which began with introductory remarks by Congresswoman Mariannette Miller-Meeks (R-Iowa) who questioned whether the federal government had AI experts who understood the innovations. “These are disruptive technologies,” she said. “What will it do to our healthcare system? With autonomous vehicles, do we have the relevant policies in place for government and insurance companies?” She also worried about competition in the space. This jump-started a panel discussion on the numerous opinions involving AI. Continue reading CES: Panel Reveals Surprising Statistics on Perceptions of AI
By
Debra KaufmanJanuary 10, 2022
Congresswoman Nanette Diaz Barragán (D-California), who serves on the House Committee on Homeland Security and the House Committee on Energy and Commerce, is concerned about the potential harm of cyberattacks in her 44th district, which includes of the Port of Los Angeles. Congressman Jay Obernolte (R-California), among his other assignments, is a member of the Committee of Science, Space and Technology and two caucuses, one on 5G and another on AI. What they both have in common are concerns about cybersecurity, topics that were addressed during a panel at CES 2022. Continue reading CES: Members of Congress Discuss Cybersecurity Concerns
By
Debra KaufmanJanuary 10, 2022
The smart home sector has been evolving for at least a decade but when COVID-19 created the necessity for remote working, millions of people had a personal and very eye-opening experience in their homes. CTA senior director of member programs Melissa Matalon led a discussion with Michael D. Ham, president and co-founder of global wellness company RePure, and Ian Bryant, senior director of strategic partnerships at CEDIA, the trade group for the home technology industry. “A decade ago, health and wellness wasn’t relevant to smart homes,” noted Ham. “Now that people are spending so much more time at home, wellness is on everyone’s minds,” said Matalon. Continue reading CES: Remote Work Advances Adoption of Smart Home Tech
By
Debra KaufmanJanuary 7, 2022
During a panel at CES 2022, CTA specialist in government affairs Quentin Scholtz queried panelists from government and technology on their priorities and plans for stepping up effective enforcement against cyberattacks, especially those originating from nation states. Jamie Susskind, tech policy advisor for Senator Marsha Blackburn (R-Tennessee); former U.S. representative Will Hurd (R-Texas); and Samsung Electronics senior manager and counsel of public policy Eric Tamarkin offered complementary priorities on how to act in 2022 and going forward. Continue reading CES: Government, Tech Firms Partner to Curtail Cyberattacks
By
Paula ParisiDecember 15, 2021
The Log4j code vulnerability has the media declaring the Internet in a state of crisis. Log4j is a Java-based logging framework developers use to track user activity within applications on the popular Apache web server. Security experts are rushing to patch the bug, which is being exploited to remotely assume control of vulnerable systems, stealing credentials, installing malware and launching other attacks that permeate consumer devices. Last week, the U.S. Cybersecurity and Infrastructure Security Agency issued a Log4j alert, as did Australia’s CERT emergency response team. Continue reading Major Security Vulnerability Triggers Worldwide Internet Crisis
By
Paula ParisiDecember 13, 2021
Meta Platforms last week threw open the doors to its “Horizon Worlds” virtual reality, online video platform. The collaborative environment has been in private beta since 2019 and had required an invitation to join. Now adults in the U.S. and Canada can download the free “Horizon Worlds” app and experience CEO Mark Zuckerberg’s vision of the metaverse, as long as they have a Meta Quest 2 and a Facebook account. The playground lets users build things and virtually hang out with as many as 20 people in an environment that feels like being dropped into the OASIS of “Ready Player One.” Continue reading Meta Bumps ‘Horizon Worlds’ Out of Beta in U.S. and Canada
By
Paula ParisiDecember 8, 2021
The Microsoft Digital Crimes Unit has seized 42 websites from China-based hacking group Nickel, in attempt to thwart the group’s intelligence-gathering operations. A Virginia federal court granted Microsoft’s request to take over the U.S.-based websites run by Nickel, also known as APT15. Microsoft had since 2016 been tracking the group’s activities, determining them “highly sophisticated,” with attacks designed to install malware that facilitated surveillance and data theft attacks. Nickel was used to attack organizations in the United States and 28 other countries around the world, DCU says. Continue reading Court Lets Microsoft DCU Seize 42 Chinese Hacker Websites
By
Bella ChenDecember 7, 2021
The U.S. government has announced its plans to work with other nations to put restrictions on the export of surveillance tools to authoritarian countries such as China. The Biden administration says it would gather allies and start an initiative to regulate the export of surveillance tools. The initiative is planned to be discussed during a virtual gathering, Summit for Democracy, on December 9-10. Representatives from more than 100 democratic nations will be participating. The primary objective of the summit is to crack down on authoritarian governments from using cyber tools to violate fundamental human rights. Continue reading U.S. to Limit Exporting Surveillance Tech to Certain Countries
By
Paula ParisiDecember 3, 2021
The European Parliament and EU Member States have reached an agreement on the Data Governance Act, clearing the way for final approval on legislation. The Data Governance Act is a framework designed to encourage sharing under the General Data Protection Regulation (GDPR), consumer protection laws and competition rules. The goal is to develop common European data spaces in areas such as manufacturing, cultural heritage and health. The Data Governance Act is the first of two steps. The EU’s Data Act — which promotes data sharing among EU member states, businesses and government — will soon be formally proposed. Continue reading EU’s Data Governance Act Targets Growth of Digital Economy