A recent Square survey cited by Business Insider found that 45% of millennial respondents (18-34) have made an NFC payment. According to Business Insider, the poll is a “good indicator” of where mobile payment adoption is headed, with the publication forecasting a compound annual growth rate (CAGR) of 80% through 2020 to reach $503 billion.
Security
Security is “often overlooked” for the IoT
The Online Trust Alliance (OTA) has determined that the overwhelming majority of publicly reported Internet of Things (IoT) vulnerabilities publicly disclosed over the last year could have been easily avoided.
Online purchases via Apple Pay & Android Pay to hit $8 billion by 2018
Analysts at Juniper Research say the value of digital and physical goods purchased via mobile ‘OS-Pay’ platforms will increase by fifteen times in the next two years.
More specifically, a combination of in-app purchases and website retail payments is projected to drive annual spend via Apple Pay and Android Pay to $8 billion in 2018, up from $540 million this year (2016). In addition, more than 85% of remote goods payments are forecast to be made using mobile devices in 2021.
Why did DishTV India choose an embedded root-of-trust?
Earlier this summer, DishTV India selected Rambus’ CryptoMedia Security Platform for use in its Pay TV satellite system. Essentially,CryptoMedia ensures secure distribution of premium content for cable and satellite operators with a hardware root-of-trust embedded in the set-top-box (STB) chipset that is resistant to side-channel attacks.
With 14.9 million subscribers and a growing user base, DishTV India required a simple, yet effective method of protecting premium content from unauthorized access. Ultimately, DishTV India chose Rambus’ CryptoMedia technology over competing solutions to facilitate the design of a secure, cardless set-top box.
Securing next-gen drones
John Edwards of Semiconductor Engineering recently penned an article that explores the security risks associated with drones. The biggest drone threat of all, says Edwards, may turn out to be attacks made against the vehicles themselves.
“Drones, also known as UAVs (unmanned aerial vehicles) and UASs (unmanned aerial systems), need a variety of internal components to work effectively. The list includes MEMS (such as accelerometers, gyroscopes, magnetometers and pressure sensors), GPS modules, processors and digital radios,” he explained.
Going cardless for CAS with a hardware root-of-trust
The majority of set-top boxes (STBs) on the market in the 1990s were secured by Conditional Access System (CAS) smart cards that stored STB identities along with their respective service rights. While these early smart cards offered operators basic levels of content protection against unauthorized viewers, they were ultimately incapable of guarding against increasingly sophisticated methods of attack by criminal hackers and pirate collectives.
