Games Are Targets for Ransomware and Credential Stuffing

Cybersecurity firm Cyren recently discovered Syrk, a free tool that allows players to cheat at video game “Fortnite.” It also learned that Syrk can disable anti-malware software and encrypt batches of user files for ransom. Akamai has reported a significant rise in so-called credential-stuffing attacks, by which criminals use stolen identities in automated attacks to break into accounts. Akamai found 55 billion credential stuffing attacks from November 2017 to the end of March 2019. Gaming sites had 12 billion of these attacks. Continue reading Games Are Targets for Ransomware and Credential Stuffing

Survey Analyzes Benefits of Mixed Reality in the Workplace

The business uses of virtual reality (VR), augmented reality (AR) and mixed reality (MR) have so far been impressive. Now, a survey conducted by Microsoft with Harvard Business Review Analytic Services, found that 68 percent of 394 executives said MR is important to achieving their companies’ goals in the next 18 months. Those surveyed worked in companies employing over 250 people, in a wide range of industries including engineering, construction, manufacturing, retail, defense and education. Continue reading Survey Analyzes Benefits of Mixed Reality in the Workplace

Artificial Intelligence at CES 2018: Expect More of the Same

If measured in press impressions, 2017 has most definitely been the “Year of AI,” But looking past the hype, a few things are clear: 1) progress in actual machine intelligence capability has been slow and fragmented; 2) applied AI is still the domain of less than 20 companies; and 3) still, machine learning (not AI) is being deployed across enterprise domains of numerous business sectors and creating big value. Similarly, and since it will take another year or two for current advances in machine learning to trickle down to the consumer sector, we’re not really expecting much breakthrough in AI or even machine learning at CES 2018. Continue reading Artificial Intelligence at CES 2018: Expect More of the Same

Symantec Agrees to Purchase LifeLock for $2.3 Billion in Cash

Computer security company Symantec Corp. will acquire LifeLock Inc. for $2.3 billion in a deal that will broaden Symantic’s offerings beyond its antivirus software. LifeLock, which sells identity-theft protection services, currently has more than 4.4 million subscribers. “Symantec hopes to integrate LifeLock with its Norton antivirus businesses into a single product line after the acquisition closes, expected early next year,” reports The Wall Street Journal. In June, Symantec acquired Blue Coat Systems for $4.65 billion to add cyberdefense technologies to its portfolio. Earlier this year, the company “sold its Veritas data-storage unit to Carlyle Group for $7.4 billion.” Continue reading Symantec Agrees to Purchase LifeLock for $2.3 Billion in Cash

Improbable Worlds Raises $20 Million for Simulation Platform

Improbable Worlds has created a distributed computing platform that allows developers to build large-scale, 3D, real-time models, and now the London-based startup has $20 million to bring this tech to gaming, urban planning, biology, and numerous other industries. The modeling system is unique because it draws upon the computing power of its users and redistributes the computing, while enabling collaboration. Prominent venture capital firm Andreessen Horowitz is the investor. Continue reading Improbable Worlds Raises $20 Million for Simulation Platform

DARPA’s Newest Tech Projects that Could Change the World

The Defense Advanced Research Projects Agency (DARPA), responsible for bankrolling the early Internet, is busy developing new technologies that could have a similar impact on the world. The agency’s $3 billion budget is funding research on atomic GPS technology that does not require a satellite to achieve geo-location awareness, terahertz frequency electronics that could lead to significant health-related applications, a virus shield for the Internet of Things, and Rapid Threat Assessment to aid drug discovery. Continue reading DARPA’s Newest Tech Projects that Could Change the World

DARPA Converts Army Surveillance Drones into Mobile Hotspots

DARPA’s Mobile Hotspots program is converting retired RQ-7 Army drones into wireless hotspots to provide Wi-Fi to soldiers in remote areas. The drones will be able to transfer data at one gigabyte per second — about the same connectivity of a 4G smartphone — to give troops the same communication capabilities, including access to tactical operation centers and mission data, that others in more central conflict zones have. DARPA is retrofitting the drones with small Wi-Fi antennas. Continue reading DARPA Converts Army Surveillance Drones into Mobile Hotspots

U.S. Financial Institutions Become Targets of Cyberattacks

American Express confirmed that its website had come under attack last week. The assault, which took the site offline for two hours, marks the latest in a string of powerful digital attacks on American financial institutions that began this past September. JPMorgan Chase and others experienced a similar attack this month. The assaults collectively resulted in the loss of millions of dollars. Continue reading U.S. Financial Institutions Become Targets of Cyberattacks

Google Acquires More Patents from IBM in Shopping Spree to Defend Android

  • Google has purchased another 1,023 patents from IBM as part of what Digital Trends describes as Google’s Android defense strategy against smartphone lawsuits from Apple and other companies.
  • The article indicates that the transfers were recorded by the U.S. Patent and Trademark Office last week, and reminds us that Google also acquired 1,030 IBM patents in July and picked up 17,000 additional patents in its recent acquisition of Motorola.
  • “Indicative of how the patents are being put to use,” reports Digital Trends, “Google recently sold a batch of newly acquired patents to HTC — including some formerly owned by Motorola — in order to allow HTC to sue Apple.”
  • “Google is building an arsenal of patents that the company has said is largely designed to counter a ‘hostile, organized campaign’ by companies including Apple Inc. and Microsoft Corp. against the Android operating system for mobile devices,” adds Bloomberg.