Tag Archive for: Advantech

Global Internet of Things (IoT) Security Market by Market Share, Vendors, Growth Rate, Analysis, Product Type, Revenue| Trend Micro, Advantech, IBM Corporation, Symantec Corporation, Infineon Technologies

/in


Molded Fiber Container Market

(Post-pandemic Era)- Global Internet of Things (IoT) Security Market 2021: Inclusive Insight

Los Angeles, United States, January 2021: The report titled Global Internet of Things (IoT) Security Market is one of the most comprehensive and important additions to Alexareports archive of market research studies. It offers detailed research and analysis of key aspects of the global Internet of Things (IoT) Security market. The market analysts authoring this report have provided in-depth information on leading growth drivers, restraints, challenges, trends, and opportunities to offer a complete analysis of the global Internet of Things (IoT) Security market. Market participants can use the analysis on market dynamics to plan effective growth strategies and prepare for future challenges beforehand. Each trend of the global Internet of Things (IoT) Security market is carefully analyzed and researched about by the market analysts.

Get PDF Sample Copy of the Report to understand the structure of the complete report:(Including Full TOC, List of Tables & Figures, Chart) : https://www.alexareports.com/report-sample/1992555

List of Top Manufacturers/Key-players of Global Internet of Things (IoT) Security market growth report (2021- 2026): – Trend Micro, Advantech, IBM Corporation, Symantec Corporation, Infineon Technologies, Gemalto NV

Internet of Things (IoT) Security Market Segment by Type covers: Network Security, Endpoint Security, Application Security

Internet of Things (IoT) Security Market Segment by Application covers: Smart Manufacturing, Smart Energy and Utilities, Connected Logistics

About “Internet of Things (IoT) Security Market” Growth: 

In this report, the global Internet of Things (IoT) Security market is valued at USD XX million in 2020 and is projected to reach USD XX million by the end of 2024, growing at a CAGR of XX% during the period 2020 to 2024.


Reason to purchase this Internet of Things (IoT) Security Market Report: –

1) To gain insightful analyses of the market and have comprehensive understanding of the global market and its commercial landscape.
2) Assess the production processes, major issues, and solutions to mitigate the development risk.
3)…

Source…

IoT chip maker Advantech confirms ransomware attack, data theft

/in


IIoT chip maker Advantech hit by ransomware, $12.5 million ransom

11/30/20 Update below. This post was originally published on November 28th, 2020. It has been updated to reflect Advantech’s confirmation of the attack.

Industrial automation and Industrial IoT (IIoT) chip maker Advantech confirmed a ransomware attack that hit its network and led to the theft of confidential, albeit low-value, company documents.

BleepingComputer was also able to confirm that the Conti ransomware gang was the one that hit the systems of Advantech and is now demanding a $14 million ransom to decrypt affected systems and to stop leaking stolen company data.

Advantech is a global leading manufacturer of IT products and solutions, including embedded PCs, network devices, IoT, servers, and healthcare solutions, with a workforce of over 8,000 people in 92 major cities around the world.

The company was the world industrial computing leader with a 34% WW Market Share in 2018 and it reported a yearly sales revenue of over $1.7 billion in 2019.

Ransom set at 750 Bitcoins

The Conti operators behind the attack on Advantech’s network have set a ransom of 750 BTC (roughly $12,600,000 at today’s exchange rate) for full data decryption and for removing stolen data from their servers according to a chat log seen by BleepingComputer.

Conti also said that they are willing to decrypt two of the encrypted files before the ransom is paid as proof that their decryptor works.

The ransomware operators added on November 21, 2020, that they will leak part of the stolen data if there was no reply from the company within the next day.

Conti Advantech chat log

On November 26, the group began publishing Advantech’s data on their ransomware data leak site as a 3.03GB archive with 2% of the stolen data and a text document with a list of files included in the ZIP archive.

The ransomware gang also stated that if the ransom is paid they will immediately remove any backdoors deployed on the company’s network and will provide security tips on how to secure the network to block future breaches.

They also said that any stolen data would be deleted once the payment goes through. Despite their promises, research by ransomware negotiation firm Coveware has shown that some ransomware operations don’t actually remove deleted…

Source…

Advantech industrial serial-to-Internet gateways wide open to unauthorized access

/in

Internet-connected industrial devices could be accessible to anyone, with no password, thanks to a coding error by a gateway manufacturer.

Taiwanese firm Advantech patched the firmware in some of its serial-to-IP gateway devices in October to remove a hard-coded SSH (Secure Shell) key that would have allowed unauthorized access by remote attackers.

But it overlooked an even bigger problem: Any password will unlock the gateways, which are used to connect legacy serial devices to TCP/IP and cellular networks in industrial environments around the world.

Researchers from security firm Rapid7 discovered the vulnerability in the revised firmware, version 1.98, released for the Advantech EKI-1322 Internet protocol (IP) gateway which can connect serial and Ethernet devices to a cellular network.

To read this article in full or to leave a comment, please click here

Network World Security