Emerging Technology

  • 68% of European homeworkers don't prioritise security in top three purchase factors
  • 75% of all European businesses take no steps to secure home internet connection or provide software protection for home devices, and over a quarter offer no protection at all, creating gaps for attackers
  • With sales of smart domestic devices booming, unsecured home workers create lucrative entry points for exploitation by cybercriminals

BlackBerry Limited (NYSE: BB; TSX: BB) today published new European research exposing the cybersecurity risk created by cost-conscious homeworkers who prioritise security behind price, usability and ease of set up in their purchase of domestic smart devices. Less than a third (32%) of European home workers who own a smart device i surveyed said security was a top three factor when choosing a smart device, compared to 50% who prioritised price (figure 1). Over a quarter of businesses (28%) aren't putting adequate security provisions in place to extend cyber protection as far as homes (figure 2). This heightens the risk of cyberattacks for businesses and their employees, as hybrid and home working become the norm.

Price more important than security for smart devices say European homeworkers, putting home and business cyber-safety at risk [Infographic, BlackBerry]

The survey of 4,000 home workers in the UK, France , Germany , and the Netherlands revealed that over a quarter (28%) of people say that their employer has not done or communicated anything about protecting their home network or smart devices, or they don't know if they are protected. Furthermore, 75% of Europeans say their employers have taken no steps to secure home internet connection or provide software protection for home devices. This failure to extend network security to home devices increases risk of the vulnerabilities created by hybrid and home working being successfully exploited. Particularly sobering findings for small and mid-sized businesses who face upwards of eleven cyberattacks per device, per day , according to BlackBerry research.

"An increase in unsecured smart devices in Europe is equally ideal for cyber attackers," said Hans-Peter Bauer , Senior Vice President EMEA, BlackBerry Cybersecurity. "When consumers drop their guard to focus on price, and businesses don't extend their security cover to compensate, cybercriminals will take advantage of any unsecured access point that could lead to lucrative personal and corporate data."

Through even the most innocent of devices, bad actors can access home networks with connections to company devices – or company data on consumer devices – and seize the opportunity to steal data and intellectual property worth millions. It's likely businesses will bear the brunt of cyberattacks caused by unsecured home devices, with knock-on effects to employees themselves. With device security far down the list for fraught buyers trying to cut costs, and employer protection of smart home devices being afforded to few, a huge opening is left for cybercriminals looking to take advantage of the boom in smart devices in the home.

"A global hike in the cost of living, potential recession looming, escalating conflict and rising cyber-insurance premiums are creating perfect conditions for cyberattacks. Cybercrime increased during both the financial crisis of 2008-9 and the COVID-19 pandemic, and we expect to see a similar spike over the coming months," continued Bauer. "These conditions compound the challenge of implementing effective hybrid and home working practices in homes that are getting smarter, but not necessarily more cybersecure. So, it is crucial that organisations remember the devices beyond their immediate reach when they are considering their cybersecurity protection and preparing for challenging economic times ahead."

For more information on how BlackBerry's comprehensive, prevention-first, AI-driven cybersecurity solutions can help your business prepare for, prevent, detect and respond to cyber threats, please visit BlackBerry.com/Cyber .

Notes to editor: Research conducted in June 2022 by Opinion Matters on behalf of BlackBerry (NYSE: BB; TSX: BB), into 4,000 Europeans (in the UK, Germany , France , and the Netherlands ) who have worked from home in the last 12 months and have a smart device in their home.

Price

49 %

Usability

39 %

Ease of set-up

34 %

Device security

32 %

Figure 1: Table showing the proportion of respondents who chose each factor in their top three considerations when purchasing a smart device for their home

Mandated use of a corporate Virtual Private Network (VPN)

33 %

Established a cybersecurity policy with advice for smart devices/home working

26 %

Secured your home internet connection

25 %

Installed cybersecurity protection software on home devices

25 %

My employer has not done/communicated anything about protecting my home network or smart devices

23 %

Don't know

5 %

Figure 2: Table showing the proportion of respondents who said their employer has introduced each measure to protect their home network or smart devices while working from home


UK

France

The Netherlands

Germany

Price

58 %

50 %

41 %

47 %

Usability

37 %

45 %

34 %

37 %

Ease of set up

40 %

35 %

30 %

31 %

Device security

31 %

37 %

30 %

30 %

Figure 3: Table showing the proportion of respondents who included these factors among their top three most important when purchasing a smart device, by country

About BlackBerry
BlackBerry (NYSE: BB; TSX: BB) provides intelligent security software and services to enterprises and governments around the world.  The company secures more than 500M endpoints including over 215M vehicles.  Based in Waterloo, Ontario , the company leverages AI and machine learning to deliver innovative solutions in the areas of cybersecurity, safety and data privacy solutions, and is a leader in the areas of endpoint management, endpoint security, encryption, and embedded systems.  BlackBerry's vision is clear - to secure a connected future you can trust.

BlackBerry. Intelligent Security. Everywhere.

For more information, visit BlackBerry.com and follow @BlackBerry.

Trademarks, including but not limited to BLACKBERRY and EMBLEM Design are the trademarks or registered trademarks of BlackBerry Limited, and the exclusive rights to such trademarks are expressly reserved.  All other trademarks are the property of their respective owners.  BlackBerry is not responsible for any third-party products or services.

i Hereby referred to as 'home workers'

Media Contact:
BlackBerry Media Relations
+1 (519) 597-7273
mediarelations@BlackBerry.com

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SOURCE BlackBerry Limited

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Sierra Wireless Securityholders Approve Acquisition by Semtech Corporation

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MotorTrend and BlackBerry Announce Inaugural Software-Defined Vehicle Innovator Awards

  • Electronics and Software Predicted to Account for 50% of Total Car Costs by 2030
  • New Awards Program will Recognize Automotive Industry Trailblazers Driving Once-in-a-Century Transformation

MotorTrend the leading global automotive media company, announced today that it is joining leading software company, BlackBerry Limited (NYSE: BB) (TSX: BB) to launch the Software-Defined Vehicle Innovator Awards. The new awards program looks to celebrate the innovators and pioneers who are leading the automotive industry's once-in-a-century transformation from hardware to software which will redefine how cars are designed, built, driven and experienced.

MotorTrend and BlackBerry Announce Inaugural Software-Defined Vehicle Innovator Awards. New Awards Program will Recognize Automotive Industry Trailblazers Driving Once-in-a-Century Transformation

SDV Awards Press Kit: Documentary, Trailer Videos, Fact Sheet, Sound Bites, Photos

For more than a century the bulk of a car's value was in its mechanical, hardware, and other physical components. However, as personal technology has evolved, software and connected services will soon become the most important drivers of value, and a key differentiator, for automobile manufacturers. With the average new car containing more than 100 million lines of code and thousands of different computer chips already in use, independent research predicts that by 2030, electronics and software will account for 50% of car costs, up from about 30% today. This represents a fundamental shift in the automotive industry, as the software opportunity in autonomous cars will grow from less than one billion dollars today to $25 billion . According to recent forecasts, revenue from software-driven vehicles could account for as much as 50% of the automotive industry's future earnings. *

As the creator of the most prestigious automotive awards – Car, Truck and SUV of the Year and its annual Power List – MotorTrend is joining forces with BlackBerry, whose BlackBerry® QNX® technology is embedded in over 215 million vehicles worldwide, to encourage OEMs and automotive suppliers to nominate outstanding pioneers, leaders and domain experts in recognition of their extraordinary work using software to push industry boundaries and improve the driving experience for consumers.

"Speaking with automakers and Tier 1s around the world, nothing is more important to them than software and electronics as both allow them to deliver compelling in-car experiences and differentiate against the competition," said Mark Wilson , Chief Marketing Officer, BlackBerry. "To that end, we're thrilled to be teaming up with MotorTrend to recognize and elevate the unsung heroes who have been systematically laying the stakes for the auto industry's exciting next chapter. I firmly believe that we'll see more change in the next ten years than we've seen in the previous hundred and, given that it's the software heads that will determine what that future looks like, we felt it was particularly important to create the Software-Defined Vehicle Innovator Awards to recognize and celebrate individuals who are leading the way."

"There is a massive technological shift going on in the auto industry and it's not just defined by software, it's driven by people: engineers, software developers, computer scientists," said Ed Loh , Head of Editorial, MotorTrend Group. "These men and women are on the leading edge of imagining and executing the future of mobility. We're putting our decades-long experience to work to help provide insight and perspective on these people and transformative work they are doing. With BlackBerry's help, we want to highlight the pioneers, leaders and experts who are doing the most important work in the space, and effectively shaping our automotive future."

Nominations are now open for the following three Software-Defined Vehicle Innovator Awards (SDVI) categories:

  • Pioneer: This outstanding individual has demonstrably broken new ground within the SDV space through research, development, and application of new automotive software.
  • Leader: This exceptional principal is in a senior management position and leads a team that is transforming the automotive industry through the broad adoption and application of software solutions.
  • Domain Expert: This critical team member is a subject matter expert within a specific SDV discipline (e.g. advanced driver assistance systems, digital cockpit, over-the-air updates, autonomous, recruiting etc.)

Automakers and automotive suppliers can nominate their employees by visiting https://www.motortrend.com/sdv-form/ . Each nomination is subject to a diligent screening process involving representatives exclusively from MotorTrend's editorial team, who will review the submissions and establish a short list of finalists.

The nomination process closes at 11:59 pm PT on Monday , October 31 and the short list of finalists will be announced in the Fall of 2022. MotorTrend and BlackBerry will announce the first annual SDVI Awards winners during a ceremony on Thursday, January 5 in Las Vegas , in conjunction with CES 2023. For more information and rules please visit: https://www.motortrend.com/sdvawards .

To underscore the importance of the emerging software-defined vehicle age and the need to recognize the industry disruption coming at the hands of these innovators and pioneers, MotorTrend has produced a 22-minute documentary, 'Coding the Car ', and a book by the same title, which are being released as companion pieces with the SDV Innovator Awards announcement. For more information and assets related to the documentary and SDV Innovator Awards please visit motortrendpresskit.com .

*Source: Lux Research

About MotorTrend Group

MotorTrend Group , a Warner Bros. Discovery company, is the largest automotive media company in the world, bringing together Warner Bros. Discovery's MotorTrend TV and a vast automotive digital, direct-to-consumer, social, and live event portfolio, including MOTOR TREND, HOT ROD, ROADKILL, AUTOMOBILE and more than 20 other industry-leading brands. With a monthly audience of 26 million across web, TV and print, and 110 million social followers, culminating in 1.3 billion monthly impressions across all platforms, MotorTrend Group encompasses television's #1 network for automotive fans, a leading automotive YouTube Channel and MotorTrend+, the only subscription streaming service dedicated entirely to the motoring world. MotorTrend Group serves to embrace, entertain and empower the motoring world.

About BlackBerry

BlackBerry (NYSE: BB; TSX: BB) provides intelligent security software and services to enterprises and governments around the world. The company secures more than 500M endpoints including over 215M vehicles.  Based in Waterloo, Ontario , the company leverages AI and machine learning to deliver innovative solutions in the areas of cybersecurity, safety and data privacy solutions, and is a leader in the areas of endpoint security, endpoint management, encryption, and embedded systems. BlackBerry's vision is clear - to secure a connected future you can trust.

BlackBerry. Intelligent Security. Everywhere.

For more information, visit BlackBerry.com and follow @BlackBerry.

Trademarks, including but not limited to BLACKBERRY and EMBLEM Design are the trademarks or registered trademarks of BlackBerry Limited, and the exclusive rights to such trademarks are expressly reserved.  All other trademarks are the property of their respective owners. BlackBerry is not responsible for any third-party products or services.

Media Contact:

BlackBerry

BlackBerry Media Relations
+1 (519) 597-7273
mediarelations@BlackBerry.com

MotorTrend Group

Rob Quigley
Senior PR and Social Media Manager
MotorTrend Group
Robert_Quigley@motortrend.com
213-248-8922

Scott Shaffstall
Head of Corporate Communications
MotorTrend Group
Scott_Shaffstall@motortrend.com
949-285-6315

BlackBerry Logo Black (PRNewsfoto/Blackberry Limited)

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SOURCE BlackBerry Limited

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