Category: Venture Capital

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Reputation Cyber Security of IoT.

Ah, the Internet of Things.

Just the sound of it sends thrills, chills and huge question marks through both technologists and regular people alike.

Just think, you can already do the following:

  • Track your health.
  • Track your kids.
  • Track your home.
  • Talk to your fridge.
  • Talk to your car.
  • Have your fridge, oven, and tv connected to your smartphone, not to mention the video doorbell.

I could go on with this list. But why bother?

The Internet of Things, or IOT as it is called in the media, by analysts and techies alike is an amorphous concept and does not easily translate into everyday speak for the average person.

There are cybersecurity concerns with the overlapping inter-connectedness that are growing exponentially by the month; as more and more devices come on line, get connected to the Internet. Many if not most have little to zero security protocols built in.

There is no current “IOT cybersecurity standard” or anything close. As a result, the apps and tools that seemingly make your life so easy, are in most probability leaking, if not pouring personal information about you or your family onto the internet in ways you may or may not be aware of.

There are reputation control and reputation management issues arising from both the above mentioned inter-connectedness as well as from some basic common sense things that come from having devices connected to the Internet and talking to “home” or each other in ways that also reveal identity, location and other personal information. Some of these IOT apps and tools even tweet or post other social updates for you as reminders, alerts and other pushed out information into public or semi public arenas.

So ask yourself 5 Major IOT for Reputation Questions:

  1. Does everything have to be connected to everything and what happens with a point of failure or with multiple points?
  2. Even if you want to track your whole life, does it need tracking?
  3. Does the good of the device in your life outweigh the bad of the cybersecurity or reputation risks?
  4. Do your kids’ need this tracking on them and beyond knowing where they are, do you want your kids’ information in companies with weak or zero cybersecurity protections?
  5. Do you want your kids’ information broadcast out to the Internet because of auto update or bot tweeting something?
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Global Cybersecurity + Venture Capital

We live in a hyper-connected world that brings the globe to you; and you and your family to the globe at equally fast speeds. While on one hand, any one of us can access the internet, through any number of tools, platforms, technology and software and almost any combination too. But on the other hand the internet can and does access us, and all of our information, every minute of every day. Probably more than you and your family access the internet.

One thing that is growing in need and in reality is the international and cross cultural aspects of Cybersecurity. For example, businesses and governments alike in the US and in Israel face similar challenges within similar robust telecom and economic environments. 15 years ago the idea of US and Israeli Cybersecurity companies working together seemed remote or exotic. Speak to anyone in Cybersecurity, and it won’t take long for the Israeli Cybersecurity community to come up. True for Venture Capital in Israel too.

Dr. Orit Mossinson, a Venture Capitalist + founder of Dalai VC – A VC firm that specializes in Cybersecurity – had this to say: “Bringing Israeli Cybersecurity companies through capitalization to becoming the leading edge of how to combat cyberwar efforts, is just beginning. Over the next few years there is going to be massive growth in this unique space.”

My company Digijaks is constantly working with businesses and governments on Cybersecurity. What applies to big business or governments applies to people and families mostly too. That is true in the USA, Israel, UK, Canada, Japan, Singapore, etc,  or any nation considered 1st world with full internet access.

Within as long as it takes to blink an eye, you or your family can get caught up in a Cybersecurity breach leading to a Reputation and search breach. It does not take much, and is not the sole domain of big companies being targeted. Ask yourself, do you have wifi? Is it secure? Do you have devices? Run a business? Pay taxes? Do Online Banking? Any of the above could be the entry into your life by a hacker.

This might sound hard to believe in the era of downloadable feature films in a few seconds and the huge amounts of data coming “down” the “pipes” to our devices. But for every bit of data coming in; we are pouring it right back through apps, games, web browsing, file uploading, liking, tweeting, sharing, and videos and not to mention the IoT — as in your tweeting fridge and internet sharing toaster. Don’t even get started on the lack of cybersecurity for IoT globally. Because there is none. Or very little of note.

There just is not any in most of those devices or apps yet. Don’t kid yourself or mistakenly think you or your families are not being monitored and watched through the IoT. The more devices you have connected, the scale of magnitude of potential monitoring and watching is exponential.

Several years ago the digital exhaust of the average first world person with access to the internet was less than 1000 data points per person roughly. Now scale upwards and it is closer to 20,000 data points per person in their digital exhaust. How many companies are tracking these, and or reselling them to other groups? How many governments? How many hacking groups? Extortionists? Kidnappers? Digital Money Robbers?

When we get invited to address groups about Cybersecurity, they always want to know about their specific devices. Is this safe? Is that dangerous? Cybersecurity is one part hardened data, encrypted data and secure data transport. It is also one part human. Increasingly so, with socially engineered attacks such as phishing and drive by malware hosted on social media or in apps. The human element is about training employees, about families working with each other to be private and safe online and is about the fact that humans will and can get tricked by their own emotions and desires. This is what makes social engineered attacks so pernicious.

They are not about weak data points or lack of encryption. They are about our human frailty and how it gets exploited by digital tormenters.

Think about it. What if a Stuxnet-like custom designed cyber war tool; were to take out all the SCADA devices in a particular city? Or take out a particular industry like oil and gas or electrical generation; or at 50 hospitals at once? The problem is every unsecured SCADA device is also listed in multiple places to be publicly found on the internet, not even the dark web. 7 million + devices, terminals, industrial control centers, power plants, factories, utility grids and transportation and information networks are to be found just by searching.

Bring the best of the best together and create new environments in which they can work together to stop a global scourge of cybersecurity breaches and the resultant reputation and search breaches that follow every attack.  True in the USA and true in Israel. The world is looking at the very beginnings of a 3rd World War. This one is invisible mostly, harms people in real life sometimes, yet is being conducted by numerous countries, companies, and criminals all at once against each other. Now is the time to start combining the best of the best and the brightest.

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Reputation Control. Who Controls Your Cyber Reputation?

Every day we hear of more stories of people’s Reputation getting smashed instantly online. On a personal level it just plain sucks, and causes mounds of heartache, headache, paperwork, and costs. To a business or a brand, there are risk mitigation and compliance issues, trademark defense costs, and reputations getting taken down, despite having been built up over years or decades.

It could be any trigger. Even, a mistaken identity or you share the same name as someone who gets in trouble.

Or it could be malicious from criminals, or cyber hackers looking to steal your identity, or file false tax returns to claim fake refunds, or to make it appear you were the one who did something when in reality it was someone pretending to be you.

The problem is multifaceted in that it can come from almost any angle, and happen at any time relatively instantly thanks to the linkages that exist between content, social media and search. Digijaks’ CEO has written about this triangulation before as it relates to cyber security and how we all need to look at the this inter-relationship, and it’s effects on all of us.

It is extremely important to understand that your real life – offline, not digital experiences now can and will be instantly transmitted by others, with or without your knowledge and with or without your consent.The little every day things, from getting coffee to getting dressed, to private conversations between two people are suddenly potential fodder for instant intent smearing, reputation trashing and persistent online harassment. Just because someone else had a smartphone on.

This is without writing harsh or bad emails, or saying inappropriate things, or doing illegal or immoral things. The above is just for the regular people who now find themselves in the daily potential trap of someone else deciding to make an internet mockery of them. Just Because. But then, there are the people who are out there willingly doing things to disrupt their families, their businesses, and themselves. There is an entire group of people doing these things every day, hoping no one will post their baggage online and trash them. Some even think it can never happen to them. They are above recrimination or above being outed for whatever proclivities they engage in.

Digijaks offers boutique solutions for high impact individuals, brands and organizations to deal with the combination of cyber security, social media and reputation management and control. We see and hear all kinds of stories. Those from people who are completely innocent and just get caught up in something a bad person did. Those from people who admit to making mistakes and now are working to try to fix the damage or prevent it from happening. Then there are those who just think things will never catch up to them. But they do.

The reality is, the ability to trash reputations, for others to *control your reputation* is all too real. Whether you like it or not.

Reputation Control and Reputation Management
Cyber Security, Social Media, You.
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