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WISeKey’s Identity Blockchain Technology Secures Commercial and Recreational Drones and Improves Safety Swiss Stock Exchange:WIHN
WISeKey’s Identity Blockchain Technology Secures Commercial and Recreational Drones and Improves Safety
FAA lays out its remote ID ‘license plate for drones’ requirements
ZUG, Switzerland – December 29, 2020 – WISeKey International Holding (“WISeKey”, SIX: WIHN, NASDAQ: WKEY), a leading cybersecurity IoT company, today announced that its identity blockchain technology integrates advanced digital security solutions into drones. Commercial drones are being used across various industries to help companies save money, improve safety, and enhance the efficiency of their operations.
New regulations by the Federal Aviation Administration (FAA) in the U.S., for the first time allow commercial drones used for deliveries and services to fly overpopulated areas. These rules include strict requirements for tracking these drones to address safety and FAA security concerns.
As per these new safety rules, all but the smallest drones will have to broadcast a radio signal with a digital license plate and a flight location. Additionally, starting in 2022, the FAA’s Remote ID requirement will necessitate every drone sold in the U.S. that weighs more than 0.55 pounds to come with a way to broadcasts its location and identification to local authorities. One way to think of the technology is as a digital license plate for drones.
This technology already in use in Parrot drones (https://dronelife.com/2020/07/16/parrot-boosts-drone-security-with-wisekey-tech/), is now available and suitable for all commercial drones allowing WISekey to work directly with other drone manufacturers. The integration of WISeKey’s digital security technologies from inflight control systems down to infrastructure is designed to help drone manufactures further guarantee the security of their drone flights and recorded data for professional users.
Public safety, security, defense, and inspection professionals comprise a growing market share of drone users who demand the highest levels of privacy, encryption and security for their flights. Drones have many useful applications but can also be used to intentionally cause harm. Additionally, drones themselves can be subject to unlawful interference.
Tech companies, firms like Microsoft and McAfee institute the ‘Ransomware Task Force’, Technology News
19 security firms, tech companies, and non-profit organisation have come together to create the “Ransomware Task Force” (RTF). Companies including Microsoft and McAfee have come together to fight ransomware.
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The RTF will assess technical solutions that are already in place, along with providing protections during an attack.
Besides monitoring the state of mechanisms in place, the RTF will commission research on the topic, engage with key players across industries, and find problems in the existing mechanism, while finding solutions to these problems.
Also read: GoDaddy apologises to employees after Christmas bonus email turned out to be security test
In addition, the RTF will also navigate across all potential solutions to carve out a roadmap to address serious issues.
The goal is to come up with a standardised framework to deal with ransomware attacks across industries. To achieve this, the RTF intends to consult industry players, instead of individual advice usually given out by contractors.
And 19 founding members of the RTF include big shots like Microsoft, McAfee along with many groups include Team Cymru, Aspen Digital, Citrix, The Cyber Threat Alliance, Cybereason, The Cybersecurity Coalition among many.
Also read: Dozens sue Amazon’s Ring smart cameras over ‘horrific’ invasions of privacy
Ransomware is a type of malware which threatens to publish the data of its victim unless a ransom is paid. In addition, access to that data may be perpetually blocked until the ransom is paid.
Ransomware is not the most common form of malware, but still remains a major threat, with the threat of ransoms growing from quarter to quarter.
Even then, the Federal Bureau of Investigation has revealed that BEC scams continue to cause the largest financial losses to companies every year.