Senior executives and their support staff are among the top targets of hackers. Reducing the likelihood that they will become entry points for cyberbreaches requires steps such as making them aware of risks, securing email, offering protection during business travel and bolstering IT infrastructure security.
A hacker on Saturday hijacked BlackWallet's server, stealing $400,000 in Stellar Lumen cryptocurrency from user accounts. The creator of BlackWallet has advised users to move their currencies to a new wallet while the incident is investigated.
Insurers need to take the threat of a cyberattack as seriously as they do the threat of a natural disaster, Lloyd's of London CEO Inga Beale warned attendees at the Asian Financial Forum. Many companies aren't ready to defend against such attacks, she warns, and many insurers are ill-prepared in terms of applicable policies.
The Meltdown and Spectre vulnerabilities are proof that individual computers can be just as untrustworthy as networks, writes Bluzelle Chief Technology Officer Neeraj Murarka. Decentralization is a stopgap solution until processors can be redesigned, Murarka writes.
Rep. Mike Conaway, R-Texas, has introduced a bill to ban the use of Huawei and ZTE devices in government agencies. "Chinese commercial technology is a vehicle for the Chinese government to spy on United States federal agencies, posing a severe national security threat," Conaway said.
Several tech firms showed off digital health devices at CES, including InteraXon, a Canadian startup creating a neurofeedback headband, and Looxid Labs, a Korean company developing a headset for reading brain waves. Also, virtual reality is being considered as a health tool, and Brennan Spiegel, research director at the Cedars-Sinai medical center in Los Angeles, believes that its uses in pain management could help ease issues with opioid dependence.
Russian hacking group Fancy Bear has for months been planning a cyberattack on the US Senate and is looking for information in emails that can be leaked, a Trend Micro report states. Websites set up to look similar to the Senate's internal email system have been linked to digital fingerprints used by the group, the report states.
About 39 million people in the US own smart speakers, breaking down roughly to one smart speaker for every six people, per industry data. The popularity of these speakers has exploded recently, increasing by 128% since January 2017, states a report from NPR and Edison Research.
SoftBank revealed that it may list its Japanese wireless unit for an initial public offering in the hopes of raising $18 billion to give the company more autonomy and more investment opportunities. "It is a way of obtaining capital without adding debt or diluting SoftBank's equity interests in the growth companies," said Erik Gordon, a professor at the University of Michigan's Ross School of Business.
FireEye has signed a deal to acquire X15 Software for $15 million in equity and $5 million in cash. FireEye Chief Technology Officer Grady Summers says the company hopes the acquisition will expand its big data capabilities, especially with its Helix security platform.
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