Cisco To Acquire IoT Company Jasper For $1.4 Billion (thestack.com) 25
An anonymous reader writes: Cisco has announced its intention to spend $1.4 billion purchasing startup Jasper Technologies, Inc. which specialises in IoT connectivity. It's the most significant acquisition the tech multinational has made since its purchase of Wi-Fi manufacturer Meraki in 2012. In 2015 Cisco also acquired OpenDNS for $635 million, and with the Jasper acquisition seems committed to securing a major foothold in IoT infrastructure over the next five years.
Awesome ... (Score:3)
This should guarantee the IoT continues to have no security for the foreseeable future ... cloud-based IoT management should provide me hours of entertainment to laugh at the idiots buying this shit and getting pwned.
All those suckers, waiting to be fleeced. The mind reels.
Re: (Score:1)
You're either a shill or naive. Either way, You're worng
Re: (Score:3)
You keep telling yourself that, and I'll keep expecting the security of IoT to continue to be shit.
Until there are legal penalties, nothing is really going to change.
This is just more monetization and leveraging of synergies. That shit doesn't magically create security.
Re: (Score:2)
The security of a cloud platform right now depends on whether the creators of the cloud platform care for security, and whether they know what they are doing. Google for example does both, their security is one of the best in the industry. And for IOT devices, usually one of the two criteria is wrong.
My major issue with IoT is about giving up control over my things to different entities. That's unfortunately what the term "IoT" stands for, even though "internet" is in theory a neutral medium without central
Re: (Score:2)
No, the major issue with IoT is it's pointless marketing hype designed to sell products, and security (if any) is tacked on as an afterthought.
The security of the cloud will continue to be irrelevant if the security of the damned products is non-existent.
And for the next several years (at least) you should assume the security of IoT products was written by incompetent morons under the guidance of indifferent management ... because that's pretty much what we have now.
If you can access your home from a cell p
Re: (Score:2)
At least parts of it have been woefully embarrassingly bad at security. Note also that a great deal of presumed secure infrastructure/enterprise stuff has some of the most laughable actual security practices. This is not just Cisco mind you.
Re: (Score:2)
Yeah, because as we all know back doors don't exist in Cisco routers... oh wait [tripwire.com]
Well, at least their Linksys products have never been exploited... oh darn [bing.com]
Hmm, I am sure that their Call Manager has never been... damn it! [cisco.com]
Re: (Score:2)
What about capacitance?
Jay (Score:1)
mandatory maintenance contracts for each of my 300 IoT devices, and mandatory support via a CIsco certified business partner with Cisco certified engineers, just to be able to download the security updates.
The future is bright.
More Likely (Score:1)
The more likely outcome;
A new Linksys cloudy home automation portal for $5 per month.
No updates to buggy IoT firmware, ever.
And the whole thing gets abandoned in two years.
Fun/Sad Facts (Score:3, Interesting)
Did you know that, as well as openDNS, Cisco has acquired and virtually abandoned:
SpamCop.net [spamcop.net] - 2007
Snort [snort.org] - 2013
ClamAV [clamav.net] - 2013
All great projects when Cisco bought them and now circling the drain.
No one wants to put their refrigerator on the net (Score:3)
Can we just shut up about IOT already? And if it was a thing we'd already talking about IOT 2.0: the semantic things.