MANY OF US have little more than a weak, reused password standing between our financial assets and a remote attacker—one armed with powerful tools and a database of passwords from security breaches. This is a losing battle. It’s the most likely way for weak computer security to put our finances at risk.
Think this can’t happen to you? I’ll bet you have at least one password taken in a big security breach. A quick way to find out is entering your email address at Troy Hunt’s HaveIBeenPwned site.
For the senior manager of a large corporation in Hong Kong, it was instant cold sweat.
He had heard about this type of computer virus and how dangerous it could be. But he never thought that he would be tricked into clicking on a wrong link. Now, as he read the ransom note, he panicked. This could cost him his job.
Ransomware is a particularly nasty type of computer virus.
Instead of stealing data or money from victims, the virus takes control of computers and scrambles every single document, picture, video and email.
Then the ransom demand is issued. Sometimes it’s written inside a note left on a desktop, sometimes it just pops up on a screen without warning.
Most mornings after Grace Lee wakes up, she spends two hours thinking up ideas for her YouTube channel, What’s So Great About That?, a series focused around popular films and TV programmes. Lee, a 24-year-old from Peterborough, England, researches ideas, then writes scripts that help explain the concepts to her 29,000 viewers.
After that, she moves onto her work for another channel, The Financial Diet, a financial advice organisation with 630,000 subscribers. There, she researches and edits a series of animated explainer and life-hack videos.
“I’ve been on YouTube since the year it started, but I didn’t know about professional help for YouTubers until I was in my second year at university,” Lee explains. “I still forget, with the people I watch, that they have a team – even though I’m part of a team.”
Microsoft Corp. unveiled two new cloud security services to help customers find and stop threats and manage their cyberdefenses by tapping experts from the software giant.
Azure Sentinel, available for customer preview Thursday, is what’s called a Security Information and Event management tool. Microsoft said it’s the first of its type based in the cloud. The product uses artificial intelligence to comb through data to find threats and lets customers rent computing power from the company rather than buy more of their own servers to crunch information.
When Hurricane Maria hit Puerto Rico in 2017, many residents lost power for months — and some neighborhoods arestill struggling to get electricity back up and running.
Puerto Rico had solar panel fields generating power before the hurricane, but much of it was inaccessible when the grid (or the network that delivers electricity to people) went down.
That’s one of the biggest challenges with solar energy, which provides an alternative way to power homes and businesses.The technology is still limited, not only because sunlight collection can be inconsistent on cloudy days and unavailable at night, but also because rural or remote areas often lack proper infrastructure.
Some companies areworking on solutions to make solar energy technology more resilient and efficient.
“it’s hard to see how – given Huawei’s role in providing equipment and key ICT services to the AU building and specifically to the AU’s data centre – the company could have remained completely unaware of the apparent theft of large amounts of data, every day, for five years.”
1) “Huawei was given the status of a Chinese “national champion”. In practice, this meant the government closed the market to foreign competition.” The Chinese government says that Huawei is independent of it. How likely is this?
2) Why does it matter to western companies and governments that Huawei is likely part of the Chinese government?
Amazon recently won patents for wristbands that could be used as part of an inventory system, communicating with equipment in warehouses and nudging employees via vibrations if, for example, they were about to place items in the wrong bins. But in a world where the legal limits on gathering and using people’s data remain largely undefined, use of such devices could quickly turn nefarious, some experts say.
In a May study of 553 IT decision makers, 78% said they thought it was at least somewhat likely that their businesses would suffer data loss or theft enabled by IoT devices. Some 72% said the speed at which IoT is advancing makes it harder to keep up with evolving security requirements.
The top two digital advertisers in the United States — Google and Facebook — are expected to maintain their dominant hold on ad dollars, as the tech giants’ combined ad revenue will command about 59 per cent of the market, according to forecasts by eMarketer.
The increase in digital ad dollars will come, in part, from sharp declines in key print ad formats including directories such as the Yellow Pages, whose ad spending will fall by 19 per cent, and the print versions of newspapers and magazines where ad spending is expected to decrease by about 18 per cent, eMarketer said. Ad spending on TV will decline 2.2 per cent this year, to about $71 billion, eMarketer said.