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Inside IoT (Sep 13th, 2017)

The BlueBorne bug could put billions of connected devices at risk of a cyberattack, according to new research from Armis Labs. The vulnerability could threaten IoT devices running on Android, iOS, Windows, or Linux. Hackers can use BlueBorne to attack Bluetooth-connected devices over the air, without the device even being paired to the attacker's device. Once successfully penetrated, the attacker gains full control over the victim's device. Researchers said the virus is "highly infectious," and could be spread from device to device. "Unfortunately, this set of capabilities is extremely desirable to a hacker," the Armis post said. "BlueBorne can serve any malicious objective, such as cyber espionage, data theft, ransomware, and even creating large botnets out of IoT devices like the Mirai Botnet or mobile devices as with the recent WireX Botnet." Google, Apple and Microsoft have released patches for the vulnerability. – TECH REPUBLIC

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Samsung is looking to create a smart flip phone with a flexible touch screen, and launch it as early as 2018. Koh Dong-jin, president of mobile business at Samsung Electronics, said the company must first overcome several hardware hurdles. "As the head of the business, I can say our current goal is next year," he said. Samsung has been developing the product since 2013. – BLOOMBERG

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Adobe Systems plans to help companies advertise to people in connected cars. Adobe said it would “deliver unique consumer experiences," using analytics from its new artificial intelligence feature, Sensei, to help automate audio ads. U.S. consumers spend about 55 minutes each day in their cars, according to Adobe. The technology would allow companies to collect information — including music selections, navigation data or infotainment voice commands while people are driving. The system will then personalize ads, targeting them to users. – BIZ JOURNALS

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When Internet of Things security efforts are greater than you think . . .

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U.S. Senators are deciding whether to include trucks in an effort to speed up the production of self-driving vehicles. Trucking is an industry that is expected to be transformed by automated vehicles, but industry advocates worry that the emerging technology could threaten millions of trucking jobs around the country. Manufacturers said that drivers will still have a role to play in self-drive trucking, such as navigating cityscapes and facilitating pick-ups and deliveries. – THE HILL

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Barclays says that investors should consider investing in smart homes. The rise of voice control has renewed interest in the industry, and the connected home "could represent one of the most significant investment opportunities over the next several years," according to Barclays. The connected home industry could be worth more than $300 billion by 2020 and Barclays says hardware could contribute $130 billion to that estimate while software and advertising would provide the rest. – CNBC

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The Internet of Things makes people's lives easier, even criminals. IoT is reshaping how criminal networks operate. Organized gangs in Latin American and the Caribbean are exploiting the technology to further black market crime, said Amado Philip de Andrés, the representative of the United Nations Office on Drugs and Crime in Central America and the Caribbean. Criminals can purchase ready-made digital tools or services that help them carry out sophisticated criminal activities, de Andrés said. Crime as a service in Latin America and the Caribbean has expanded fivefold in the last three and a half years, he said. – INSIGHT CRIME

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