Libel Insurance Policies More Common in Social Media Era

Journalists routinely purchase libel insurance, but now insurance companies are selling such policies to ordinary citizens. The growth of social media has led to an increasing number of users regularly venting online, and sometimes there are consequences. Musician/actress Courtney Love, for example, spent six years in court accused of libeling her former attorney and later a designer, ultimately paying $780,000 in settlements. Libel insurance costs an average of $33 per month bundled with traditional home or car insurance policies. Continue reading Libel Insurance Policies More Common in Social Media Era

Augmented World Expo: ETC Presents the Dark Side of AR

The ETC@USC’s Phil Lelyveld gave a presentation on the dark side of AR at Augmented World Expo in Santa Clara on Friday. His goal was to raise awareness of some fundamental issues now, before there is resistance to change from established AR and VR business models. Phil began by describing how the AR and VR landscape is integrally linked to the Internet of Things (it feeds data to the AR/VR experience), artificial intelligence (it will shape the end-user experience and avatar behavior), and to a lesser degree, robotics (the relatable face of the AI). Continue reading Augmented World Expo: ETC Presents the Dark Side of AR

Google, IBM and Lyft Debut Istio to Streamline Microservices

Google, IBM and Lyft have come together for Istio, an open-source project to consolidate microservice management and security. Microservices are a nascent sector whereby large application software is discrete and independent modular services can be combined to form more complex applications. Red Hat, Pivotal, Weaveworks and Tigera are early supporters. So-called “service orientation” actually has a history, with BEA, IBM, Oracle, Microsoft and TIBCO promoting a service orientation for applications. Continue reading Google, IBM and Lyft Debut Istio to Streamline Microservices

Verizon Intros LTE SmartHub to Manage Connected Devices

Verizon announced the release of its $200 integrated smart home control interface and Wi-Fi hot spot called SmartHub. Designed for managing your connected devices, SmartHub features its own dedicated LTE line, which enables connectivity to a variety of devices, including phones and laptops. SmartHub also supports an HD Voice feature for making calls over the Verizon network, and “has its own battery, which means it maintains your home phone and Internet connection in the event of a power outage,” explains Android Police. “It’s not clear if there will be special data plans for the SmartHub,” and a full list of the devices that work with SmartHub has yet to be unveiled, although Verizon did reference Nest and Kwikset. Continue reading Verizon Intros LTE SmartHub to Manage Connected Devices

Foreign Firms Concerned by China’s New Cybersecurity Law

On June 1, China will begin to implement its new Cybersecurity Law, and foreign companies are worried. China already restricts technology, and the new law will boost tighter control over data and enforce a broader definition of the services and products impacted. Firms are particularly concerned about one regulation that would require them to store information on mainland China, forcing them to rely on cloud providers such as Alibaba and Tencent, which have more local services, as opposed to offerings from Amazon or Microsoft. Continue reading Foreign Firms Concerned by China’s New Cybersecurity Law

Bitcoin Market Trending Upwards, But Ethereum On the Rise

The Bitcoin market, almost a decade old, is now skyrocketing in value. Behind Bitcoin’s rising price are investments by Japanese investors and a heightened perception of global perils. Over the weekend, according to the website CoinDesk, the price of Bitcoin reacted to a sudden spell of speculative investment, trading above $2,200 on Monday, which represents more than 15 percent from the closing price of $1,913 on Friday. Bitcoin is up 397 percent from a year ago and 130 percent this year. Continue reading Bitcoin Market Trending Upwards, But Ethereum On the Rise

Advice on Keeping Smaller Businesses Safe From Cybercrime

The threat of ransomware and malware are growing. The “WannaCry” attack impacted at least 200,000 computers in 150 countries before peaking last week. Adylkuzz is another piece of malware currently threatening computers around the world. As computers become increasingly connected, so opportunities for cybercrime expand, say the experts. Part of the problem is that the Internet wasn’t designed with cybersecurity protections, and criminals are attracted to cybercrimes for the relatively easy profits they can make. Continue reading Advice on Keeping Smaller Businesses Safe From Cybercrime

Extortion Hacking On the Rise, But Does Not Always Pay Off

Cyberattacks are on the rise, with major corporations, media companies, the healthcare industry and even the federal government becoming targets of hacking. Recent incidents involved media content as hackers threatened early releases of movies and streaming series if the property owners failed to pay ransoms. Hackers called the Shadow Brokers told the NSA they would release secret espionage tools unless the agency pays up. Security experts suggest that this type of extortion has had mixed results thus far. Continue reading Extortion Hacking On the Rise, But Does Not Always Pay Off

Apple Expected to Debut Laptop Upgrades at June Conference

With a plan to unveil upgrades to three laptops at its annual WWDC conference in June, Apple hopes to boost sagging iPad sales and push back against rival Microsoft. Among the upgrades, the MacBook Pro will get a faster Intel Kaby Lake processor; the 12-inch MacBook will get a faster Intel chip; and the aging 13-inch MacBook Air, which still enjoys robust sales, may get a new processor. The Mac laptops are responsible for 11 percent of Apple’s $216 billion in annual sales, whereas the iPhone accounts for two-thirds of sales. Continue reading Apple Expected to Debut Laptop Upgrades at June Conference

Enterprise Security Provider CrowdStrike Raises $100 Million

Digital security provider CrowdStrike, which recently helped the Democratic National Committee respond to its hacking, has raised $100 million in new capital, bringing its total fundraising to $256 million and value close to $1 billion. The Irvine, California-based tech company, founded by two former McAfee execs in 2011, provides SaaS endpoint protection, threat intelligence and incident response through its cloud-based Falcon platform. CrowdStrike now has more than 650 employees worldwide. The company’s subscriptions have grown 476 percent in the last year as cybersecurity becomes a growing concern. Continue reading Enterprise Security Provider CrowdStrike Raises $100 Million

Major Cyberattack Hits 150 Countries, Could Keep Spreading

A cyberattack impacted computer systems in more than 150 countries over the weekend. The weapon used to initiate the attack is believed to be based on recently published vulnerabilities stolen from the National Security Agency. The attack, one of the largest ever, took over computers, encrypted their files and demanded payment in Bitcoin of $300 or more. Among the major institutions and government agencies impacted were FedEx in the U.S., the Russian Interior Ministry and Britain’s National Health Service. The attack also hit smaller venues, such as a car manufacturing factory in Romania owned by Renault. Continue reading Major Cyberattack Hits 150 Countries, Could Keep Spreading

Amazon Debuts Touchscreen Echo Show, Adds Video Calls

Amazon will ship a touchscreen version of its Echo speaker, the Echo Show, on June 28. Now available for pre-order at $229.99 or two for $360, Echo Show has the same capabilities as the first Echo, with the Alexa voice assistant, but adds a built-in display that shows information generated by Alexa queries. Users who have the Alexa app can make or receive a video call through Show; a new “Drop In” feature lets friends and family make a call at any time, and the call receiver has 10 seconds to reject it or switch it to audio-only. Continue reading Amazon Debuts Touchscreen Echo Show, Adds Video Calls

Microsoft Encourages Testing of New IoT Security Paradigm

Security is a top concern for the Internet of Things, in particular when large numbers of IoT devices are deployed in an organization. There’s been a rise in attacks on such devices, via botnets, and a search engine, Shodan, is dedicated to finding unsecured IoT hardware endpoints. In that context, Microsoft, which is updating its Azure IoT toolset, is also testing a new approach to securing and managing such devices. Dubbed Project Sopris, Microsoft Research hopes to mix secure hardware and a secure communications channel. Continue reading Microsoft Encourages Testing of New IoT Security Paradigm

Google Docs Users Targeted in Widespread Phishing Attack

A major phishing attack mimicking cloud-based Google Docs software spread across news organizations and other companies yesterday. Gmail users have been reporting massive numbers of fraudulent emails that masquerade as a message from Google Docs. The emails appear as an invitation to join a Google Doc and often claim to be sent by an individual in the user’s address book. However, clicking on the embedded link directs recipients to grant access to a Google Docs app that is actually a program that sends spam to addresses in the recipient’s email. Continue reading Google Docs Users Targeted in Widespread Phishing Attack

Microsoft Targets Education Market with New Surface Laptop

Microsoft debuted its new $999 Surface Laptop, targeted to compete with Apple’s MacBook Air in the classroom. The new Surface, available in four colors, is 2.76-pounds, a bit lighter and thinner than Air and offers a 14.5-hour battery life, slightly longer than the Air’s. On the less expensive end, Microsoft partners Acer, Lenovo and HP unveiled laptops, also running Windows 10 S, for the education market starting at $189. Windows 10 S, touted as more secure, can run apps from Microsoft’s Windows Store. Continue reading Microsoft Targets Education Market with New Surface Laptop