Mark Anderson

Mark Anderson

1618217481

Security Token Exchange manage all your transactions in an escrow system

The integrated wallet platform at the STO Exchange manages all the tokens and transactions in an automated way. The platform users can either control fiat currency automatically or manually with unique processing features and an interface with banks.

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Security Token Exchange manage all your transactions in an escrow system
Origin Scale

Origin Scale

1616572311

Originscale Order Management System

Originscale order management software helps to manage all your orders across channels in a single place. Originscale collects orders across multiple channels in real-time - online, offline, D2C, B2B, and more. View all your orders in one single window and process them with a simple click.

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Mark Anderson

Mark Anderson

1617951201

Security Token Platform crowdfund your business growth easily

Security Token Offerings can be created on efficient blockchain networks like Ethereum, Hyperledger, and Stellar. We are experts in developing a Security Token Platform.

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Wilford  Pagac

Wilford Pagac

1596789120

Best Custom Web & Mobile App Development Company

Everything around us has become smart, like smart infrastructures, smart cities, autonomous vehicles, to name a few. The innovation of smart devices makes it possible to achieve these heights in science and technology. But, data is vulnerable, there is a risk of attack by cybercriminals. To get started, let’s know about IoT devices.

What are IoT devices?

The Internet Of Things(IoT) is a system that interrelates computer devices like sensors, software, and actuators, digital machines, etc. They are linked together with particular objects that work through the internet and transfer data over devices without humans interference.

Famous examples are Amazon Alexa, Apple SIRI, Interconnected baby monitors, video doorbells, and smart thermostats.

How could your IoT devices be vulnerable?

When technologies grow and evolve, risks are also on the high stakes. Ransomware attacks are on the continuous increase; securing data has become the top priority.

When you think your smart home won’t fudge a thing against cybercriminals, you should also know that they are vulnerable. When cybercriminals access our smart voice speakers like Amazon Alexa or Apple Siri, it becomes easy for them to steal your data.

Cybersecurity report 2020 says popular hacking forums expose 770 million email addresses and 21 million unique passwords, 620 million accounts have been compromised from 16 hacked websites.

The attacks are likely to increase every year. To help you secure your data of IoT devices, here are some best tips you can implement.

Tips to secure your IoT devices

1. Change Default Router Name

Your router has the default name of make and model. When we stick with the manufacturer name, attackers can quickly identify our make and model. So give the router name different from your addresses, without giving away personal information.

2. Know your connected network and connected devices

If your devices are connected to the internet, these connections are vulnerable to cyber attacks when your devices don’t have the proper security. Almost every web interface is equipped with multiple devices, so it’s hard to track the device. But, it’s crucial to stay aware of them.

3. Change default usernames and passwords

When we use the default usernames and passwords, it is attackable. Because the cybercriminals possibly know the default passwords come with IoT devices. So use strong passwords to access our IoT devices.

4. Manage strong, Unique passwords for your IoT devices and accounts

Use strong or unique passwords that are easily assumed, such as ‘123456’ or ‘password1234’ to protect your accounts. Give strong and complex passwords formed by combinations of alphabets, numeric, and not easily bypassed symbols.

Also, change passwords for multiple accounts and change them regularly to avoid attacks. We can also set several attempts to wrong passwords to set locking the account to safeguard from the hackers.

5. Do not use Public WI-FI Networks

Are you try to keep an eye on your IoT devices through your mobile devices in different locations. I recommend you not to use the public WI-FI network to access them. Because they are easily accessible through for everyone, you are still in a hurry to access, use VPN that gives them protection against cyber-attacks, giving them privacy and security features, for example, using Express VPN.

6. Establish firewalls to discover the vulnerabilities

There are software and firewalls like intrusion detection system/intrusion prevention system in the market. This will be useful to screen and analyze the wire traffic of a network. You can identify the security weakness by the firewall scanners within the network structure. Use these firewalls to get rid of unwanted security issues and vulnerabilities.

7. Reconfigure your device settings

Every smart device comes with the insecure default settings, and sometimes we are not able to change these default settings configurations. These conditions need to be assessed and need to reconfigure the default settings.

8. Authenticate the IoT applications

Nowadays, every smart app offers authentication to secure the accounts. There are many types of authentication methods like single-factor authentication, two-step authentication, and multi-factor authentication. Use any one of these to send a one time password (OTP) to verify the user who logs in the smart device to keep our accounts from falling into the wrong hands.

9. Update the device software up to date

Every smart device manufacturer releases updates to fix bugs in their software. These security patches help us to improve our protection of the device. Also, update the software on the smartphone, which we are used to monitoring the IoT devices to avoid vulnerabilities.

10. Track the smartphones and keep them safe

When we connect the smart home to the smartphone and control them via smartphone, you need to keep them safe. If you miss the phone almost, every personal information is at risk to the cybercriminals. But sometimes it happens by accident, makes sure that you can clear all the data remotely.

However, securing smart devices is essential in the world of data. There are still cybercriminals bypassing the securities. So make sure to do the safety measures to avoid our accounts falling out into the wrong hands. I hope these steps will help you all to secure your IoT devices.

If you have any, feel free to share them in the comments! I’d love to know them.

Are you looking for more? Subscribe to weekly newsletters that can help your stay updated IoT application developments.

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Hollie  Ratke

Hollie Ratke

1604257200

Lax Security Exposes Smart-Irrigation Systems to Attack Across the Globe

More than 100 smart-irrigation systems deployed across the globe were installed without changing the factory’s default, passwordless setting, leaving them vulnerable to malicious attacks, according to recent findings from Israeli security research firm Security Joes.

The researchers immediately alerted CERT Israel, the affected companies and the irrigation system vendor, Mottech Water Management, which did not immediately respond to a request for comment from Threatpost.

Mottech’s system allows for real-time control and monitoring of irrigation for both agricultural and turf/landscaping installations, via desktop and mobile phone. Sensor networks allow for the flexible and real-time allocation of water and fertilizer to different valves in the system. Access to the network could result in an attacker being able to flood fields or over-deliver fertilizer, for instance.

Security Joes regularly scans for Israeli open devices on the internet to check for vulnerabilities, the firm’s co-founder Ido Naor told Threatpost. Recently, its researchers discovered that 55 irrigation systems within Israel were visible on the open internet without password protections. After expanding their search, they found 50 others scattered around the world in countries including France, South Korea, Switzerland and the U.S.

“We’re talking about full-fledged irrigation systems, they could be entire cities,” Naor said. “We don’t look closely at what’s behind the address, because we don’t want to cause any trouble.”

Naor said that at last check, only about 20 percent of the identified vulnerable irrigation devices have had mitigation efforts taken to protect them so far.

Israel’s Water Systems Under Attack

There’s good reason for alarm about water systems not being secured, particularly in Israel. Just last April, a cyberattack on Israeli water systems, reportedly launched by Iran, attempted to increase the mix of chlorine in the water to poison the civilian population and ultimately interrupt the population’s water supply, The Times of Israel reported.

Yigal Unna, the head of the country’s National Cyber Directorate addressed the CybertechLive Asia conference in late May with the ominous warning that the direct cyberattack on people represented a new chapter in cyberwarfare, according to The Times of Israel.

“Cyber-winter is coming and coming even faster than I suspected,” he told the conference, according to the report. “We are just seeing the beginning.”

Unna was correct. Just weeks later in July, the Israeli Water Authority said that it was able to stop an attack on agricultural water pumps in Galilee, and another on water-supply infrastructure in the “center of the country,” reports.

The irrigation systems which were discovered without password protection aren’t related to the previous attacks, Naor said.

Locking Down Utilities Beyond Israel

These types of vulnerabilities certainly aren’t limited to Israel.

Last month, six critical flaws in CodeMeter, software used to power industrial systems in the U.S., including water and electric utilities, were discovered which could be exploited to launch attacks or even allow third-party takeovers of systems.

Over the summer, researchers found that VPNs used for remote access to operational technology (OT) networks in industrial environments left field devices open to attacks, which could cause shutdowns or even physical damage.

Governments are making attempts to keep up with the proliferation of internet-of-things (IoT) devices throughout critical-infrastructure systems. In the U.S., the House of Representatives passed legislation in September establishing minimum requirements for IoT devices within the federal government.

“Most experts expect tens of billions of devices operating on our networks within the next several years as the [IoT] landscape continues to expand,” the legislation’s so-sponsor Senator Cory Gardner (R-Co.) said in a press release. “We need to make sure these devices are secure from malicious cyberattacks as they continue to transform our society and add countless new entry points into our networks, particularly when they are integrated into the federal government’s networks.”

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James Donald

James Donald

1618488735

Points To Remember When Security Token Launch Service

An STO is an optimized way for startups and entrepreneurs to raise funds for their businesses. By pledging tangible assets against digital tokens, STOs protect the interests of the investors. Moreover, STOs are also recognized by the US SEC, which makes them a promising investment avenue.

Today, by using the services of a security token offerings provider, one can launch their project with relative ease. However, a businessperson should keep the following things in mind when going about the STO process:

Every Idea Matters: Make sure your business project creatively addresses the target problem. This will give you leverage over your competitors.
Start Marketing Early On: Experts believe that the success of blockchain-based crowdfunding lies in marketing. Hence, it is highly recommended to begin marketing your product or service from the word go!
Choosing The Right Service Provider: Every STO development firm offers a wide range of solutions that come with their own set of pros and cons. Therefore, do your research before selecting your service provider.
Assembling Your Team: The success of an STO also depends on the people behind it. Take your time to select and hire individuals who will make your stellar team!

If you are on the lookout for an STO development service, your search ends with Infinite Block Tech. They have extensive experience in the domain and offer 100% whitelabel solutions. They help you with every stage of your STO project such as publishing your whitepaper, creating your issuance platform, and even marketing your token.

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