Episode 357: Too many companies are paying ransomware

Episode 357: Too many companies are paying ransomware

Author: Stacey Higginbotham, tech journalist February 3, 2022 Duration: 58:35
The Internet of Things Podcast - Stacey On IoT
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This week we kick off the show with an explainer on Sigfox’s receivership before delving into grim news from Claroty, a cybersecurity firm.  Claroty surveyed 1,100 IT and OT (operational technology) pros and discovered that three out of five of them worked at companies that paid up after a ransomware attack. I can’t believe it, but the research offers compelling reasons why. We then move over to some Matter news, starting with an update from Assa Abloy on backward compatibility for its Yale locks, and concluding with an update from Nanoleaf, which is delaying some of its products thanks to Matter being delayed. We then cover Walmart teaming up with Angi to install some smart home products for consumers as part of the rush to invest in smart devices that we discussed last week with Angi’s CEO. In quick news, we talk about a new IoT satellite service, an acquisition by connected health company Withings, and Peloton’s new $90 smart heart rate monitor. We conclude the show with a good idea from one of our listeners who set up a sort of call system using Wyze outlets and smart bulbs.

Withings purchased a subscription workout app to add to its wellness hardware. Image courtesy of Withings.

Our guest this week is Simon van der Jagt, CEO of Nowi. Nowi makes an energy harvesting chip that is easier to use in a variety of sensors. We talk about why, before moving to a discussion of plug and forget devices, and what those will entail. The idea is that companies can build energy-harvesting sensors that could last for the life of a road or container or other product, and thus we can forget about them. We also talk about trends in designing chips for the IoT such as sales challenges and the growing demand for highly specific chips that can consume the least amount of power while getting the work done. Enjoy the show.

Hosts: Stacey Higginbotham and Kevin Tofel
Guest: Simon van der Jagt, CEO of Nowi
Sponsors: Rightpoint and Hologram

  • What led to Sigfox’s “bankruptcy”
  • You’ll never believe the size of these ransoms
  • Is Matter causing product delays?
  • What kind of chips does the IoT need?
  • Let’s design plug and forget devices

The post Episode 357: Too many companies are paying ransomware appeared first on IoT Podcast - Internet of Things.


For anyone trying to make sense of a world where everything from your thermostat to a factory floor is getting smarter, The Internet of Things Podcast-Stacey On IoT offers essential context. Veteran tech journalist Stacey Higginbotham, who brings her experience from Fortune, and co-host Kevin Tofel break down the weekly flood of news, separating genuine innovation from mere hype. Their analysis spans the entire connected ecosystem, diving into the gadgets in our homes, the sensors transforming industrial workspaces, and the complex enterprise systems tying it all together. This isn't just theoretical; it's a practical guide to the business and technology decisions shaping our networked future. You'll hear from a range of voices that have built and critiqued this landscape, including pioneers like Vint Cerf, insightful commentators like Om Malik, and practitioners from companies such as Amazon, AT&T, and IBM Watson. Listening to this podcast provides a crucial framework for understanding the real-world implications of connectivity, whether you're an industry professional, a curious developer, or simply someone wondering how all these "smart" things actually work-and what they mean for privacy, security, and daily life. It's the clear-eyed conversation you need to navigate the ever-expanding Internet of Things.
Author: Language: en-us Episodes: 100

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The Internet of Things Podcast - Stacey On IoT
Podcast Episodes
Episode 356: Smart home improvement is now a thing [not-audio_url] [/not-audio_url]

Duration: 1:00:34
This week’s show starts with a healthy portion of chips, with the main course being Nvidia’s reported acceptance that its deal to acquire ARM isn’t likely to happen. We then turn to the U.S. Commerce Department’s plans t…
Episode 354: Google’s Soli pivot and Amazon’s Sidewalk news [not-audio_url] [/not-audio_url]

Duration: 1:05:01
This week Google reminded us that we don’t actually own our connected products when it removed functionality from grouped Nest speakers after losing a patent case filed by Sonos. Amazon’s Sidewalk network is getting a bo…
Episode 353: Virtual CES extravaganza [not-audio_url] [/not-audio_url]

Duration: 1:00:00
It’s CES week, and neither Kevin nor I are physically there for the second year running. That makes it really tough to get a macro sense of cool tech and upcoming trends outside of press releases and product launches. No…
Episode 352: As Alexa goes, so does the smart home? [not-audio_url] [/not-audio_url]

Duration: 1:08:05
We’re back after a one-week break in the Internet of Things Podcast, and we didn’t miss too much. The biggest stories of this show are the slow collapse of CES 2022 and a Bloomberg article that uses internal Amazon docum…
Episode 351: Smart homes in the metaverse [not-audio_url] [/not-audio_url]

Duration: 58:40
What happens when the smart home meets the metaverse? We talk about the potential for better user interfaces and home mapping if we build digital twins of the home in a metaverse, while also discussing the potential of U…
Episode 349: AWS overload and Libelium embraces the cloud [not-audio_url] [/not-audio_url]

Duration: 56:12
This week’s show kicks off with a bunch of IoT-related news from Amazon’s re:Invent conference happening this week in Las Vegas. We cover the launch of a fleet management service, a digital twin service, an easy way to s…
Episode 348: We’re thankful for smart cows [not-audio_url] [/not-audio_url]

Duration: 54:07
Heading into the holiday weekend, Kevin and I share what we’re thankful for (mostly y’all, our sponsors, each other, and Thread), while also talking about the sad sale of Tile to Life360. We also discuss Clevr, Qeexo, an…
Episode 347: McKinsey reevaluates IoT’s impact [not-audio_url] [/not-audio_url]

Duration: 1:02:42
This week’s show has a lot of big numbers starting with $12.6 trillion, which is at the upper end of what McKinsey believes the economic impact from IoT will be by 2030. We cover the latest report, which is a reassessmen…

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