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Survey says data leakage by insiders is a growing threat

Survey says data leakage by insiders is a growing threat

One in three organizations has experienced an insider cyber attack in the last year, and 74 percent of security professionals say they feel vulnerable to insider threats. Fifty-six percent think insider leaks have become more frequent over the past year. Those are among the findings of a new report by cloud and mobile application security vendor Bitglass Inc., based upon a survey of more than 500 IT professionals on LinkedIn. Careless or malicious user behavior was cited as the top source of data leakage, up slightly from a year ago. Cybersecurity professionals said they’re concerned with inadvertent leaks that result from unsanctioned... more »
Mexican bitcoin exchange Bitso has raised $2.5m in round led by Monex Group

Mexican bitcoin exchange Bitso has raised $2.5m in round led by Monex Group

Mexican bitcoin exchange Bitso SAPI de CV (Bitso) has raised $2.5 million Series A in a round led by Monex Group that included Variv Capital, Xochi Ventures, Digital Currency Group, FundersClub, Bitcoin Capital and Blockchain Tech Limited. Founded in 2014, Bitso is Mexico’s First Bitcoin Exchange and offers a platform for trading bitcoin for Mexican Pesos, along with a traditional currency exchange with a central limit order book that utilizes the Ripple network to make transfers. The company says it prioritizes security, transparency and best practice operations while breaking new ground with innovative product development. According to Coindesk, Bitso currently has 20,000 customers... more »
Cryptocurrency Onecoin under police investigation, accused of being a Ponzi scheme

Cryptocurrency Onecoin under police investigation, accused of being a Ponzi scheme

A dubious cryptocurrency is under investigation by police in the United Kingdom following allegations that it is nothing more than a Ponzi scheme. Called Onecoin, the cryptocurrency first appeared in around 2015 and is being promoted as the next bitcoin. The coin was promoted through a series of seminars and websites, which bizarrely offered to sell not the coins themselves but tokens that could be used to mine coins from Onecoin's alleged blockchain. Those tokens could only be sold by Independent Affiliates (IA), that is other people who had already signed up to the program, with each IA gaining a 10 percent... more »
Dell, HPE reveal systems for Microsoft's forthcoming Azure Stack software

Dell, HPE reveal systems for Microsoft's forthcoming Azure Stack software

Dell Technologies Inc. and Hewlett-Packard Enterprise Co. (HPE) yesterday unveiled a bunch of new integrated systems and services for Microsoft’s upcoming Azure Stack software, in moves aimed at boosting each company' hybrid cloud efforts. Azure Stack is a piece of software that will, when it’s finally released, allow organizations to replicate Microsoft’s Azure cloud in their own on-premises data centers. It’s believed to be a central part of Microsoft’s hybrid cloud strategy going forwards, which envisions a future wherein most enterprises will choose to host some of their applications and workloads in public clouds, while keeping more sensitive ones secured in... more »
Skype for iOS 10 updated with Siri integration, new features coming soon for business users

Skype for iOS 10 updated with Siri integration, new features coming soon for business users

Microsoft Corp. has updated the iOS Skype app to now include Siri integration and CallKit features that are available with Apple’s latest operating system for iPhone and iPad: iOS 10. In addition to these new features, there are also new updates coming for business users on Skype, including better messaging and VOIP features, a version of Skype for Business for Mac users, as well as real-time translation. Skype for iOS 10 features You can download the latest version of Skype from the App Store. Make Skype calls with Siri Thanks to SiriKit, which Apple introduced at WWDC in June, making Skype calls... more »
End of an era as Blackberry to stop developing and making its own phones

End of an era as Blackberry to stop developing and making its own phones

Marking an end of an era, Blackberry Ltd. has announced that it will stop developing and making its own phones. The once famous phone maker's decision to abandon the phone business follows a strategic move by the company to shift its business model towards software and security development, a strategy that had already started to deliver results for it in 2015. Blackberry as a name on phones though is not going to disappear completely, with the company instead allowing partners to design, build and sell branded devices to save on capital, although at this stage only one partner has signed on, Indonesia's... more »
Dell-EMC sitting pretty atop growing converged systems market

Dell-EMC sitting pretty atop growing converged systems market

The global converged systems market saw revenues grow by 12.1 percent year-over-year to just over $2.9 billion in the second quarter of this year, according to International Data Corp. (IDC). IDC said in its latest Worldwide Quarterly Converged Systems Tracker that Q2 saw 1,693 petabytes of new storage capacity shipments, up 31.8 percent from a year ago. “More and more, we are seeing end users looking beyond the hardware specs and performance metrics; end users in this market are looking for vendors that are adept at building and maintaining deep customer relationships,” stated Kevin Permenter, IDC’s senior research analyst for computing platforms.... more »
Report: Spotify in advanced talks to acquire Soundcloud

Report: Spotify in advanced talks to acquire Soundcloud

Music streaming service Spotify AB is in advanced talks to acquire audio distribution platform provider Soundcloud Ltd., according to a report published Wednesday. The Financial Times notes that their sources are unclear on how much Spotify would pay for Soundcloud, and that the discussions could still collapse. Soundcloud raised $100 million Series E in June on a valuation of $700 million, meaning that the company, along with its investors, would be looking for a premium on top of that valuation, perhaps as high as $1 billion. The acquisition of Soundcloud would add around 175 million unique visitors on top of the over 100... more »
New Apache project Spot taps machine learning to sniff out cyber threats

New Apache project Spot taps machine learning to sniff out cyber threats

The Apache Software Foundation is now incubating a project backed by Cloudera Inc. and Intel Corp. that aims to bolster cyber security with Big Data analytics and machine learning. Previously known as the Open Network Insights (ONI) initiative, the project is now called Apache Spot, since it uses machine learning to sniff out bad traffic amongst good data. It can also study network traffic to characterize its unique behavior using the open source distributed storage and processing software Hadoop, which helps it to discover if any anomalies are present. Intel launched the project back in February on Cloudera’s cloud computing platform. The project is also... more »
Tech giants form partnership to promote ethical AI development

Tech giants form partnership to promote ethical AI development

Some of the world’s largest tech companies are coming together to form a partnership aimed at educating the public about the advancements of artificial intelligence and ensure they meet ethical standards. The group appears to be the one revealed in a New York Times story in early September. Interestingly, two big names are missing from the group, those of Apple Inc. and the SpaceX-man of the hour, Elon Musk. The group will be headed by Microsoft’s research chief, Eric Horvitz, and DeepMind cofounder Mustafa Suleyman. When asked about Apple’s absence, Horvitz responded, “We’ve been in discussions with Apple, I know they’re enthusiastic about this... more »
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Premium Research

- David Floyer

Industrial IoT, the largest segment of the Internet of things (IoT) with the highest potential value, will require a deep integration between modern IT (Information Technology) and OT (Operations Technology). Modern IT technologies, to be truly extensible to OT, will need a hybrid cloud approach, with by far the majority of data and processing residing at the so-called "Edge". Architectures and software written by industrialists for industrialists, such as GE Predix, are showing how that can work.

- George Gilbert

The big data arena is at a crossroads. Use cases and tools are proliferating faster than most big data teams are gaining experience. In establishing the big data business capabilities required to cut through the complexity, CIO’s must balance the accessibility of integration of traditional SQL DBMS’s versus speed of innovation in the mix and match open source big data ecosystem.

- Peter Burris

In the big data domain, businesses are trying to solve complex problems with complex and novel technology -- and often failing. Simplifying the packaging of big data technologies will streamline big data pilots and accelerate big data time-to-value. CIOs looking to establish differentiating big data capabilities need to consider Single Managed Entities to help solve the complexity problem.

- David Floyer

Oracle M7 technology is meeting or exceeding the announcement performance claims against previous generation. Even taking very conservative assumptions, the business case for migration from T5 to T7 servers is good. Wikibon concludes that for Oracle software and the servers they run on, the adoption of M7 technology (and T7 server technology) is best practice for these high value compute areas.

- David Floyer

The premise tested in this research is that high value applications and software should be run on more capable converged performance-optimized infrastructure, even when they constitute a small proportion of the total workload. In contrast, cost-optimized infrastructure will save on short-term hardware costs, but will incur much higher overall costs long-term. The conclusion strongly recommends IT executives adopt a default of performance-optimized converged infrastructure for all mixed workloads when even a small proportion includes high-cost software and/or high-value applications.

- George Gilbert

Big data pros need to identify which data feedback loops in their machine learning applications can deliver sustainable differentiation through network effects. Starting early is critical because getting to scale is likely to create the "winner takes most" competitive dynamics that have become so common in tech industries. The biggest sin is to wait for the tooling to become automated enough for all competitors to jump in.

- Ralph Finos

The public cloud competitive environment remains turbulent, but sectors show signs of crystallizing a longer-term market structure.. SaaS remains turbulent with SaaS vendors successfully gaining share vs. incumbent licensed software providers who must migrate their core products to cloud-friendly offerings and/or acquire native SaaS applications to shore up their applications leadership positions. Public cloud IaaS segment leadership is crystallizing to a handful of viable providers as a function of scale requirements. PaaS is just formulating and finding its way, but is likely to gravitate towards a wide variety of development models suited for different application types and public cloud platforms.

- David Floyer

For enterprise executives trying to achieve aggressive RPO and RTO SLAs , Wikibon believes that batch backup appliances (PBBAs) will give way to real-time, continuous data protection systems that aggressively support very large memory application memory. Practitioners requiring close to RPO zero and aggressive RTO SLAs should plan for an integrated data protection approach that effectively eliminates the concept of storage-led backup and shifts thinking to a application-led virtual point-in-time recovery model. The database and file system vendors will be the predominant suppliers of this technology, and understanding their roadmaps and commitment to support application-led recovery strategies is crucial to both database and data protection technology selection.

- George Gilbert

Mainstream enterprises are beginning to deploy machine learning applications that add differentiation to traditional products and services. But the complexity of their big data infrastructure is becoming a problem. Big data pros need to deploy a digital business platform (DBP) to support modern applications and then extend the DBP to machine learning applications.

- Peter Burris

IT shops that want to achieve modern IT status will have to address the "IT iron triangle" constraining transformation.