Tag Archives: cloud

10Fold- Security Never Sleeps- 191

Hack on Italy’s largest bank affects 400,000 customers

“400,000 customers put at risk”

Two security breaches have put hundreds of thousands of sensitive consumer data in jeopardy. Unicredit has stated that personal data and account numbers may have been leaked, also adding that passwords were not leaked, indicating that no unauthorized transactions took place.

Using AI to spot malware patterns

“Protecting organizations has never been more difficult and necessary”

The number of entry points and connected endpoints has only increased, showing that the bad guys are only getting smarter. A new security startup, Cylance, is using artifical intelligence to change the game and counter these criminals.

Majority of Consumers Believe IoT Needs Security Built In

“Global survey say IoT is a ‘shared responsibility'”

Many respondents to a global survey believe that consumers and manufacturers share responsibility to secure networks. Irdeto’s report shows that 90% of respondents think that security should be built in to IoT devices, but are more divided on who is responsible for implementing the systems.

Cloud-Based Email Security Systems From Microsoft And Symantec Miss Thousands Of Unsafe Emails

“Risk assessment on more than 45 million emails”

Email and data security company Mimecast has run an extensive experiment on corporate email vulnerabilities over more than a year. About 24% of the emails were marked as unsafe, with most being spam while some contained dangerous malware. That may seem like a relatively small amount, but given that all of the emails were originally classified as ‘safe’ we see a bigger problem emerge.

Shoddy data-stripping exposes firms to hack attacks

“Research suggests much vulnerability”

Many large firms have made themselves open to attacks because of inadequate data stripping on their websites. Researchers have found that as employees create documents, images, and other files, the data is uploaded to the companies website and not properly maintained.

Enjoy your read? Check out our other content here.

 

Industry News: The Cloud Roundup

Forbes Announces their 2017 list of 100 Hottest Cloud Companies

“The companies of the Cloud 100 have worked with the world’s largest corporations and solved small business headaches alike, fixed people’s grammar online and traced government sponsored hacking attacks”

Last week, Forbes announced the Cloud 100 of 2017, recognizing the best and brightest private companies in cloud computing for the year. The 2017 list marks the second year in a row Forbes has compiled the list, and at the rate of which cloud computing is growing, it doesn’t seem to be a piece that will end soon. Stripe, a Silicon Valley company started by Patrick and John Collison came in first. Stripe is well known for providing the software which handles the sales and transactions of websites such as Facebook, Lyft, and Target. Other notable companies that made the list were Dropbox(2) and Slack(3).

Catastrophic Cloud Attack Costs Would Rival that of Hurricane Damages

“If you were to take all the direct losses sustained by customers of AWS, Azure, and any other cloud service whose hypervisors were also attacked in the onslaught, then the losses could dramatically scale”

According to a new report released by cyber risk analytics firm Cyence and insurer Lloyd’s of London, if hackers were to launch a global system wide attack on cloud-based companies, losses could reach 53 billion in a worst-case scenario. The report released shortly after the WannaCry ransomware attacks infected devices across 150 countries, stresses that the likelihood of attacks creating this much in losses is unlikely. That being said, Cycence CTO and co-founder George Ng still advises higher-ups to track and monitor all possible insider threats, and train all staff on cybersecurity.

Cloud computing’s Open Container Initiative hits the 1.0 release milestone

“The fact that all the major cloud players are involved in the effort — which can’t be said for the Cloud Native Computing Foundation — means that building applications around OCI 1.0 is a pretty safe bet”

The Open Container Initiative (OCI), which is a collection of companies pushing to build cloud container standards, recently released the 1.0 version of their software. The goal of the OCI is to develop common, minimal and open standards around container technology without the fear of lock in.

Report affirms continued cloud spend for US businesses in 2017

“Cloud is the new normal”

A new report, which polled 283 IT professionals working in United States, found that more than two-thirds of businesses plan to increase their cloud computing spending in 2017. Almost half of those polled believe that increased cost is the biggest challenge of implementing cloud computing in their business. Roughly half of the respondents also believed that security and efficiency were two of the biggest benefits of using the cloud. Kevin Rubin, COO of Stratosphere Network said that customizing your cloud experience allows businesses to leverage different toolsets that are truly drilled down to their department, and individuals.

Enjoy your read? Check out our other content here.

 

By Nathan Zaragosa

10Fold – Security Never Sleeps – 67

Your daily digest of “All Things Security” gathered, collected and researched by your very own 10Fold Security Practice team.

Big items to consider:  Trump luxury hotels have suffered a potential mass data breach. Details from the Panama Papers investigation revealed that all of the stolen data is now being hosted in the Amazon cloud. The White House, US department of Homeland Security and industry experts created a certification program for IoT devices. Osterman Research consultants revealed that 18% of companies have suffered malware infections because of social networks.

Some Trump hotels hit by data breach: Report– Publication: CNBC – Reporter name: Jacob Pramuk

A line of luxury hotels linked to businessman and Republican presidential contender Donald Trump is investigating a possible credit card breach, Krebs on Security reported Monday, citing sources. The cyber security news site said financial industry sources noticed a string of fraud on customer credit cards used at the Trump Hotel Collection. The activity appeared on cards used in the past two to three months at properties including the Trump International Hotel New York, Trump Hotel Waikiki in Honolulu and the Trump International Hotel & Tower in Toronto, sources told the outlet.


From Encrypted Drives To Amazon’s Cloud — The Amazing Flight Of The Panama Papers – Publication: Forbes – Reporter name: Thomas Fox-Brewster

It was an epic haul. Whoever caused the Panama Papers breach at tax avoidance and offshore company specialist Mossack Fonseca leaked an astonishing 11 million documents and 2.6 terabytes of data, the largest of all time. Where’s all of that data stored now? In an Amazon cloud data center, accessible to anyone who knows the URL and has a password. The journey of those files, from the leaks to the revelations, is an astonishing example of developers working with journalists to keep whistleblowers and the information they supply safe and, just as crucially, usable. With the extra kicker: it was largely done using free, open source technology.


‘CyberUL’ Launched For IoT, Critical Infrastructure Device Security – Publication: Dark Reading – Reporter name: Kelly Jackson Higgins

Internet of Things (IoT) devices and industrial systems used in critical infrastructure networks now have an official UL (United Laboratories) certification program – for cybersecurity. UL today rolled out its anticipated—and voluntary–Cybersecurity Assurance Program (UL CAP), which uses a newly created set of standards for IoT and critical infrastructure vendors to use for assessing security vulnerably and weaknesses in their products. The UL CAP was created in conjunction with the White House, the US Department of Homeland Security, industry, and academia, and falls under President Obama’s recently unveiled Cybersecurity National Action Plan (CNAP) as a way of testing and certifying networked devices in IoT and critical infrastructure.


One out of five businesses are infected by Malware through Social Media – Publication: Panda Security – Reporter name: STAFF

What at first seems an unimportant habit, can have serious repercussions.  Yes, an employee risks the chance of being caught in the act, but what about the company? Osterman Research consultants have confirmed in their latest report that 18% of companies have suffered malware infections because of social networks.  Employees aren’t the only ones using these platforms, though.  Companies often have business profiles which make it more difficult to detect the source of the problem. According to this document, 73% use Facebook for work purposes, 64% use LinkedIn and 56% use Twitter.  Companies are also showing interest in collaborative platforms designed for them such as Microsoft SharePoint, different Cisco products, the Salesforce Chatter software solution and Connections, a platform developed by IBM.

10Fold – Big Data Business Insights – 39

Your daily digest of “All Things Big Data” gathered, collected and researched by your very own 10Fold Big Data Practice team.

Big Data

10 FOLD ICON 15x15 With the Star Wars craze of the last year, TechCrunch has taken a completely different approach to fan theories surrounding the series, wondering, “How much data do they need to manage in the Death Star?” It is estimated that 1.7 million military personnel (stormtroopers and their commanders, trash compactor operators, etc.) and 400,000 droids were on board the Death Star. This is close to the population of Philadelphia — if you don’t count the droids. The amount of data created each year by all the people here on earth is growing exponentially, and is expected to double each year. In 2012 alone, 2.8 zettabytes of data were collected. By 2020, that number isexpected to have increased to 40 zetabytes. That’s 5,200 GB of data for every person on earth. Using that estimate, TechCrunch figures that the 1.7 million personnel on the Death Star would generate 8.84 exabytes of data per year. If you prefer to express data in factors of 1024 bytes, the number is 8.63 exabytes (or “exbibytes”). Of course, that’s assuming residents of the Death Star generate as much data as a human living in the year 2020, but it’s likely the galaxy far, far away may be far more advanced than that.

10 FOLD ICON 15x15  Forbes reported on Forrester’s TechRadar methodology, which evaluates the potential success of 10 Big Data techniques, which, the research firm believes, are projected to have “significant success.” In addition, each technology is placed in a specific maturity phase—from creation to decline—based on the level of development of its technology ecosystem. The first 8 technologies above are considered to be in the Growth stage and the last 2 in the Survival stage. Forrester also estimates the time it will take the technology to get to the next stage and predictive analytics is the only one with a “>10 years” designation, expected to “deliver high business value in late Growth through Equilibrium phase for a long time.” Technologies #2 to #8 above are all expected to reach the next phase in 3 to 5 years and the last 2 technologies are expected to move from the Survival to the Growth phase in 1-3 years.

10 FOLD ICON 15x15  UK and EU policy-makers have urged governments to raise their data capture and analytics game to the level demanded by the digital economy. Charlie Bean, a former deputy governor of the Bank of England, announced the findings of his report into the state of UK economic statistics, under the auspices of the Cabinet Office and the Treasury, on March 11. Meanwhile, the European Parliament debated and passed a resolution on March 10 that urged the European Commission to boost a “data-driven economy” in the European Union. Bean’s report – Independent review of UK economic statistics – commissioned in 2015 by the chancellor George Osborne and the minister for the Cabinet Office Matt Hancock, found that British government statistics need to be recast to capture the economic data characteristics of a digital economy.

Big Data and the Death Star – TechCrunch

Top 10 Hot Big Data Technologies – Forbes

UK government and EU Parliament step up big data analytics policy push – ComputerWeekly

Hadoop

10 FOLD ICON 15x15 Market Research Store has released a new market research report “Global Hadoop-as-a-Service (HaaS) Market Size, Share, Trends, Demand, Analysis, Research, Report, Segmentation and Forecast, 2013 – 2020” to add to its collection of research reports. The report comprises of data storage in the cloud and its analysis through Hadoop without the need to install any infrastructure in the premises. HaaS market has witnessed a tremendous growth in 2013 and has doubled from the market size in 2012. However, it is expected to witness a tremendous growth in the next 7 years, expanding its horizon into the end user industries of conventional Hadoop.

Learn details of the global hadoop-as-a-service (haas) market 2016 analysis and growth to 2020—WhaTech

IoT

10 FOLD ICON 15x15 Forbes examines how the use of key performance indicators, in conjunction with the real-time IoT data, creates opportunities for companies to provide new or improved services that are transforming their industries. A few examples include opportunities in risk reduction, especially when trading commodities like energy precious metals, livestock, and in the mining and oil industries, new pricing models such as tiered services from basic to premium, which is beneficial to both consumers and providers, and flexible pricing.

10 FOLD ICON 15x15 ZDNet examines the new trend of services arising aimed at helping hardware developers connect with experts and suppliers, including HWTRek, which bills itself as a one stop shop for IoT hardware innovators working to manage their product development, connect with manufacturing and supply chain industry experts, and bring their connected device projects to market. The IoT market is expected to reach $1.7 trillion in 2020, up from $655.8 billion in 2014 according to IDC. Meanwhile, the electronics manufacturing services (EMS) industry, including electronics original design services (ODM), should expect revenues of $505 billion in 2019. The source of innovation is shifting to small and medium-sized businesses in these industries due to the obstacles of collaboration in the traditional supply chain model.

How IoT Changes Pricing Models – Forbes

Collaboration Tools for IoT devs – ZDNet

IIoT

10 FOLD ICON 15x15 Amid the peak of SXSW, Austin, TX has been pinned as a “laboratory for [IIoT 5G] innovation.” RCR Wireless has partnered with leading technologists and industrial Internet of Things and 5G leaders to create a 10-episode, immersive documentary series on the “technologies, vertical markets, policies and investments driving what Goldman Sachs and others have termed the next mega trend, a 4th Industrial Revolution that will make the steam-driven transformation of 1800s look like a blip on the economic radar screen.” In the series, Austin is highlighted for its long history of tech innocation and its established ecosystem required for IIoT 5G innovation, as evidenced by AT&T’s recent selection of the city for its 5G trials and Spectrum Lab, in addition to the University of Texas-Austin and its world-renowned Wireless Networking and Communications group as well as Google’s ongoing deployment of its Google Fiber service and tests of its self-driving vehicles.

Austin, Texas: Where IIoT 5G technology sparks fly – RCR Wireless

Cognitive Computing

10 FOLD ICON 15x15 According to a new study by IBM and Forbes Insights, cognitive computing will help companies that have experienced the effects of a natural disaster to get back up and running much faster than they were previously able to. IBM provides three ways that cognitive computing can help keep businesses afloat in the event of a natural disaster: predicting/avoiding damages from disasters, analyzing best practices of other  companies previously affected by damage, and integrating the cognitive agent into technical support to help businesses get systems back online when there are technical issues.

How Cognitive Computing can get businesses up and running faster after disasters – Forbes

Self Service and Enterprise

10 FOLD ICON 15x15 Datawatch Corporation announced today that it has teamed with IBM to deliver better and faster data access and self-service data preparation to IBM Watson Analytics and IBM Cognos Analytics users. As part of this agreement, IBM will resell Datawatch Monarch, Datawatch’s market-leading self-service data preparation solution, which enables business analysts to rapidly access, manipulate and blend data from the widest variety of sources.

Datawatch Brings Powerful Self-Service Data Preparation Capabilities to IBM Watson Analytics and IBM Cognos Analytics Users—EconoTimes

Software Defined Networks

10 FOLD ICON 15x15 With the growing certainty that cybersecurity vulnerabilities will increase over the next couple of years,  Alternative Global Networks (AGNs) is creating a new, more secure internet that will dramatically improve cyber resilience, and at the same time, reduce expenditures on cybersecurity. AGN benefits can include all that software-defined networking (SDN) aim to introduce, such as cost reduction, software-defined packet forwarding, central management, but on a global scale. One of the most important benefits will be simplified virtual management. Virtualization in networking will be similar to that of virtualization in computing, as it will completely revolutionize the paradigm of the existing coupling between hardware and software. This will also simplify implementing security tools.

Building a Brand New Internet – TechCrunch

Network Function Virtualization

10 FOLD ICON 15x15 Ericsson and NEC both came out as vendor partners for NTT DoCoMo’s network functions virtualization plans, including the telecom giant’s recently announced multi-vendor NFV platform. Ericsson said its platform is based on the Open Platform for NFV network architecture and was used for NTT’s commercial service launch. “To maximize benefit of NFV, DoCoMo expects to virtualize many other key components of its mobile network, aiming to eventually establish a fully virtualized network,” explained Seizo Onoe, EVP and CTO at NTT. “I’m convinced that our multi-vendor NFV is the first step toward our goal.”

Ericsson and NEC tout their support for NTT DoCoMo’s multivendor NFV deployment – RCR Wireless