Provided is a weekly snapshot of the recent data security, mobile technology and battery related news that HOBI’s blog reported on during the week 5/20-5/24.
Last week, Intel and independent security researchers announced that Intel chips have another flaw that could potentially let hackers pull sensitive information from microprocessors. The researchers say that the flaw is vulnerable to four new attacks, each of which can capture information like encryption keys and passwords — the quintessential building blocks of security for nearly all computing devices. The research was reported by Wire, which said the flaw affects millions of PCs.
Despite some setbacks, Samsung is still committed to the imminent relaunch of the Galaxy Fold device. Due to a series of high-profile reviewers and tech outlets having reported various issues they found with the foldable device, the South Korean tech giant was forced to send the foldable back to the drawing table. However, new reports indicate Samsung has addressed the reported issues of the foldable model and is in the works of laying out a plan to start releasing the device.
The Internet of Things (IoT) Cybersecurity Improvement Act of 2019 was introduced to Congress back in March and if adopted, the new bill would require the development of detailed policy guidance that would significantly boost cybersecurity enhancements for the IoT. Introduced by a group of bipartisan lawmakers, the bill seeks “to leverage federal government procurement power to encourage increased cybersecurity for IoT devices.” The bill comes after two previous legislation attempts and years of the Defense Department’s repeated emphasis on the need to bolster cybersecurity standards and policies for IoT systems.
According to analysts at Data Bridge Market Research, the global battery recycling sector was worth 2.17 billion last year. And over the course of the next seven years, this figure is projected to increase by nearly 420 million, representing a compound annual growth rate of 20.95 percent. The biggest reason behind the rapid rise in the market is due to the increasing amount of used lithium-ion batteries available for recycle. In fact, the production of lithium-ion batteries was worth over 39 billion last year. Analysts say that if this trend continues, there could be well over 109 billion lithium-ion batteries in the production sector by 2026. But the real question is, will the recycling industry be able to catch up with the booming battery sector?