Yahoo has revealed more details about the large hacks against its users’ accounts, saying hackers may have been able to user a maneuver to break into accounts without stealing passwords. Last year Yahoo announced that an estimated one billion of its users had their accounts breached, which, according to Yahoo, involved forging of ‘cookies’ or files used to authenticate users when they log into their accounts. The investigation into the hacks is in the final stage, AFP reported. Yahoo is…
Alibaba Cloud, the cloud computing arm of Alibaba Group, announced that it has expanded its data center in Hong Kong by more than doubling the capacity to address the increasing demand for secure and scalable computing services in Asia Pacific. As part of Alibaba Cloud's strategy to expand its global network coverage, the expanded Hong Kong data center will meet enterprises' demand for high availability and disaster recovery, along with greater access to diversified service offerings such as data storage…
Most large enterprises can save a minimum of 25 percent on their IT costs over five years by moving to a private cloud from a legacy IT environment, according to a financial analysis conducted by Nokia. The analysis, known as the 'Nokia Enterprise Private Cloud TCO Model' - the first of its kind in the industry - also demonstrates that enterprises can expect to break even on their private cloud investment in less than three years. Advocates of enterprises moving…
According to the Pew Research Center, almost two-thirds of Americans have experienced some sort of data theft or fraud, which has left many people mistrustful of organizations in charge of safeguarding their information. The research found that 41 percent of Americans have encountered fraudulent charges on their credit cards, and 35 percent said they had sensitive information compromised. A smaller percentage of the individuals surveyed for the research said they had their email or social media accounts compromised or that…
China is reportedly working towards developing a prototype exascale computer, which refers to computing systems capable of at least one exaFLOPS, or a billion, billion calculations per second. Such capacity represents a thousandfold increase over the first petascale computer that came into operation in 2008. If China is successful, it would secure the nation’s status as a leading power in supercomputing. In June last year China made waves when it announced the completion of the world’s current fastest computer, the…
Startups in Jordan and the Palestinian Territories will be vital in driving the Levant’s Digital Economy and job creation for technology talents, SAP announced at the Start-up Focus Event in Amman, hosted by startup enabler and technology company SAP and supported by Zain Innovation Campus (ZINC) and USAID West Bank and Gaza through its Compete Project. Technology is a cornerstone of diversified economic growth for both countries, with their national development plans calling on leveraging technology to drive job creation…
BlackBerry Limited and TCL Communication Technology Holdings Limited (TCL Communication) announced that they have entered into a long-term licensing agreement, providing acceleration to BlackBerry’s transition into a security software and services company. Under the terms of the agreement, BlackBerry will license its security software and service suite, as well as related brand assets to TCL Communication who will design, manufacture, sell and provide customer support for BlackBerry-branded mobile devices. BlackBerry will continue to control and develop its security and software…

Half of the internet is vulnerable to malware, says report

Written on Thursday, 15 December 2016 13:04
Menlo Security, a pioneer of malware isolation, recently announced its ‘State of The Web 2016’ report. The results reveal that nearly half (46%) of the internet’s top 1 million web sites, as ranked by Alexa, are risky. This is largely due to vulnerable software running on web servers and on underlying ad network domains. The results are significant because risky sites have never been easier to exploit, and traditional security products fail to provide adequate protection. Attackers have their veritable…
A recent report by Check Point Software Technologies claims that more than a million Android smartphones have been breached by malicious software, dubbed Gooligan, which targets devices running Android 4.0 and 5.0, representing almost 74 percent of mobile devices using Google’s operating system. The attacks can steal sensitive user data such as emails, photos, and documents. “This theft of over a million Google account details is very alarming and represents the next stage of cyber-attacks," said Michael Shaulov, Check Point's…

Rampant ransomware costing APAC SMBs big time

Written on Sunday, 04 December 2016 07:22
A survey of managed survey providers in Asia Pacific designed to assess the impact of ransomware on their small business customers suggests 85 percent of businesses in the region have been hit, a quarter of them multiple times in a single day, paying out an average of almost $12,000 ($US8900) to remediate a successful attack. Forty-five percent of survey respondents reported that a ransomware attack had led to business-threatening downtime. However this average was weighted by the five percent of…
Intel Security released its McAfee Labs 2017 Threats Predictions Report on Tuesday, November 29, which identifies 14 threat trends to watch in 2017, the most critical developments to watch for in cloud security and the Internet of Things (IoT) security, and the six most difficult-to-solve challenges facing the cybersecurity industry. The report reflects the informed opinions of 31 Intel Security thought leaders. It examines current trends in cybercrime and makes predictions about what the future may hold for organizations working…

IDC tips Apac IT spend by manufacturers to top $U36b by 2020

Written on Wednesday, 23 November 2016 05:52
IDC is tipping IT spending in the manufacturing sector in the Asia/Pacific excluding Japan (APeJ) region to exceed $US36 billion by 2020, representing a compounded annual growth rate (CAGR) of 5.34 percent from 2016 to 2020. IDC says manufacturing related initiatives in China, India and the ASEAN countries will account for nearly 80 percent of this figure. The Research Manager of IDC Manufacturing Insights, Sampath Kumar Venkataswamy, says high levels of industrial automation and the push for increased operational efficiencies…
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