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In what it is calling the “most significant tech acquisition of 2018,” IBM announced today that it will acquire Red Hat, a global provider of open source cloud software. The two companies have finalized an agreement subject to Red Hat shareholder and regulatory approvals, which is expected to close in late 2019. According to IBM,
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Ransomware remains a serious threat and this new white paper explains what enterprises need to know, and do, to reduce risk Throughout 2018 criminals have continued to target large organizations with ransomware. Today we introduce a new white paper that explains why ransomware is still a serious threat to your organization – regardless of size
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A little good press goes a long way for a company like Amazon. The company routinely gets knocked for things like warehouse conditions, tax breaks and impact on smaller retail outlets. AmazonSmile’s helped to counteract that a bit, raising money for legitimately good causes, skimmed off purchases from the site. The online retail giant announced
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John Vrionis Contributor It’s time to bring the conversation about where Silicon Valley gets its money from out into the open. Following recent revelations into Saudi Arabia’s extensive reach and influence in the US technology sector, the willful ignorance that has defined the relationship between venture capital firms and the limited partnerships (LPs) that fund
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Having a lack of influence in the boardroom is one reason why 84% of CISOs in North America believe there is no way to avoid a cybersecurity breach, according to a new report from Kaspersky Lab. Results from the report What It Takes to Be a CISO: Success and Leadership in Corporate IT Security, an annual survey
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The McAfee Mobile Research team recently found an active phishing campaign using text messages (SMS) that tricks users into downloading and installing a fake voice-message app which allows cybercriminals to use infected devices as network proxies without users’ knowledge. If the fake application is installed, a background service starts a Socks proxy that redirects all
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A security researcher with Twitter alias SandboxEscaper—who two months ago publicly dropped a zero-day exploit for Microsoft Windows Task Scheduler—has yesterday released another proof-of-concept exploit for a new Windows zero-day vulnerability. SandboxEscaper posted a link to a Github page hosting a proof-of-concept (PoC) exploit for the vulnerability that appears to be a privilege escalation flaw
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Chinese startups rule the roost when it comes to total reported venture dollars raised so far in 2018. That is, mostly. In one key category at least — software-as-a-service, better known as SaaS — they do not. Ant Financial raised the largest-ever VC round in June, a mind-boggling $14 billion in Series C funding. And nearly a dozen
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There’s some turmoil brewing over at Miami-based facial recognition startup Kairos. Late last month, New World Angels President and Kairos board chairperson Steve O’Hara sent a letter to Kairos founder Brian Brackeen notifying him of his termination from the role of chief executive officer. The termination letter cited willful misconduct as the cause for Brackeen’s
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As concern over medical device cybersecurity grows, the U.S. Food and Drug Administration has taken additional steps to help hospitals get in front of the issue, an action commended by one medical device company CEO. The FDA recently announced efforts to strengthen the agency’s medical device cybersecurity program to help device manufacturers identify security vulnerabilities
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As the 2018 midterm elections near, many remain concerned about the security of election infrastructure at the national level, though Steve Grobman, CTO at McAfee, said the realistic security risk lies in an attacker tampering with information and targeting individual counties and states. “A realistic attack wouldn’t require mass voting manipulation or the hacking of
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by Lisa Vaas You know what takes 17 minutes? Building a piece of Ikea’s 5-minute furniture. Walking one mile if you’re in decent shape. Making £500k (USD $569,000) if you’re Facebook. The Register crunched the numbers because that sliver of Facebook revenue – £500k (about $640k) – is how much the social media giant has
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This year’s MPOWER Americas was packed with innovative keynote speakers, the MPOWER Partner Summit, tons of sessions, technical deep dives, demos, an Innovation Fair, and much more. Take a look at some of the highlights from this year’s event! [embedded content] “Together is Power” in Action at Partner Summit On Tuesday, we hosted Partner Summit,
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Following reports that Chinese spies infiltrated the supply chain of servers assembled by Supermicro Computers Inc., the New York–based CYBERGYM has launched a new infrastructure-security combat training program. Driven by the belief that threats posed by these types of supply chain and infrastructure hacks are significant, CYBERGYM said it developed the training to help organizations