Organizations could face up to $19 billion in losses if a cloud provider is hacked

Data cloud lock

If a hacker were to gain control of a cloud provider for over three days, businesses could face losses up to a whopping $19 billion, with SMBs carrying the largest economic and insurance losses, according to a new report.

In partnership with the American Institutes for Research (AIR), insurance market Lloyd's of London is unveiling a new report detailing the financial impact of a cyberattack on a US cloud provider.

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Businesses need a risk-based approach to tackle vulnerabilities like Meltdown

risk jigsaw piece

The recent Spectre and Meltdown vulnerabilities have been well documented, but for businesses it can be difficult to know which fixes to prioritize.

Software management and security specialist Flexera is announcing a set of recommendations to provide a standardized, risk-based approach to managing this type of vulnerability.

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Firefox Quantum 58 builds on performance gains, improves screenshots tool

Mozilla is rolling out Firefox Quantum 58.0 for desktop, along with Firefox for Android 58.0. It arrives over two months after the landmark release of Firefox Quantum 57.0.

The latest build focuses on performance and security, while an update to Firefox’s user profile feature means it’s no longer backwards compatible with previous versions. Android users also gain the ability to pin favorite websites to their home screen for use like native apps.

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New solution delivers optimized remote monitoring and management

remote access

Remote offices and decentralization, plus outsourcing, often mean it isn't feasible to have a technician always on site to solve IT problems.

This means many organizations turn to remote management and monitoring of systems and a leader in this field Kaseya is launching its second generation solution aimed at managed service providers and mid-sized companies.

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Android 8.1 Oreo shows the speed of public Wi-Fi before you connect

Mobile internet connection speed

When out and about, you may well find that you use free public Wi-Fi connections. The chances are that you use more than one as you battle to find one that offers a decent speed. With Android 8.1 Oreo, Google has a new feature that will help to make your life easier.

As the company has been talking about for a little while, Oreo now lets you see the speed of a Wi-Fi connection before you decide if you want to connect or not.

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HyperStore platform lets businesses unify cloud and in-house storage

cloud network

The rise of the cloud has made for greater complexity in business IT environments, with data accumulating on different platforms and in different locations.

To address this problem, object storage company Cloudian is launching a new version of its HyperStore platform which integrates data management capabilities to bridge traditional and cloud native environments, as well as object and file storage types.

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Rupert Murdoch suggests Facebook should pay 'trusted' publishers for news content

Facebook has been fighting something of a losing battle against the problem of fake news, but media mogul Rupert Murdoch thinks he has come up with a solution. He says that the social network should pay "trusted" publishers for the provision of news content.

Facebook recently said that it wants to promote content created by outlets deemed trustworthy by users, but Murdoch -- who controls Fox News -- is not impressed. He says that what Facebook has proposed so far is simply not enough, and he believes that the only solution is to start paying.

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Intel tells customers to stop installing Meltdown/Spectre patches due to 'unpredictable' reboot issues

Intel logo

The fallout from the Meltdown and Spectre bugs continues to plague Intel. The company has been hit with lawsuits, users complained about performance drops, and some users found that their computers were rendered unbootable. For people with Broadwell and Haswell chips, there was a problem with random reboots, and as a result of this -- some two weeks down the line -- Intel is now advising people to stop installing its patches.

Executive vice president Navin Shenoy says that the company is close to determining the root cause of the problem, apologized for reboots and "unpredictable system behaviour," and warns that customers should stop deploying the current version of the patches until an update is produced.

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Acer unveils Chromebook 11 C732, Chromebook Spin 11, and Chromebox CXI3

When it comes to Chromebooks, Acer is one of the premier manufacturers. From the early days of Google's desktop OS, Acer has produced quality computers running the Linux-based Chrome OS. Best of all, Acer's Chromebooks and Chromeboxes are often quite affordable. This makes sense, since the company is largely a value-focused manufacturer. Quite frankly, Acer and Chrome OS are a match made in heaven.

Hot on the heels of announcing its all-new Chromebook 11, the company today unveils three new Chrome OS computers -- Chromebook 11 C732, Chromebook Spin 11, and Chromebox CXI3. While the Chromebooks will likely get much of the attention, I am quite smitten with the Chromebox. This diminutive desktop is absolutely gorgeous, and it is chock-full of useful ports. The Chromebook 11 C732 is also quite intriguing, thanks to its optional LTE connectivity!

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VAVA Dash Cam offers great video quality in an usual-looking package [Review]

vava dash cam car mounted

When designing a dash cam it's easy for manufacturers to focus more on features rather than benefits. That's why we end up with so many devices that look bland, have pretty much the same features, but lack that special touch to set them apart from the crowd. With its new dash cam, VAVA decided to do things differently.

The VAVA Dash Cam is an intriguing proposition, featuring a cylindrical design and a magnetic mount connection, but no display or physical buttons. However, it's not lacking in features, as it packs lots of useful functionality. But how well does it work? I've tested it to find out.

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illy Y5 DRS Espresso and Coffee System has integrated Amazon Dash technology

Coffee... is life. For me, and countless other people, the drink is responsible for daily motivation. Without a cup or two (or five) of the caffeinated beverage, I’d probably be asleep at my desk all the time.

If you live alone or simply don’t want to deal with brewing entire pots of coffee, single-serve pods have proven to be a godsend (not so great for the environment, though). You can quickly make a cup without stress. A new coffee system is looking to make coffee pods even easier. The "illy Y5 DRS Espresso and Coffee System," as it is called, can connect to your smartphone via Bluetooth for more intuitive controls. Even cooler, it can leverage Amazon Dash technology for automatic coffee pod reordering. How clever!

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Corporate cultural issues hold back secure software development

Stop hand signal

As the digital economy expands and software becomes more critical, security worries grow. In a new survey, 74 percent of respondents agree that security threats due to software and code issues are a growing concern.

The study of over 1,200 IT leaders, conducted by analysts Freeform Dynamics for software company CA Technologies, finds 58 percent of respondents cite existing culture and lack of skills as hurdles to being able to embed security within processes.

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Amazon Go, the AI-powered, checkout-free store, is now open in Seattle

Today sees the opening of the first Amazon Go store. The online retailer is looking to change the face of real-world shopping with its AI-powered brick and mortar stores that are free from checkouts and time-consuming lines.

Anyone shopping in the new Seattle store will find that they are constantly monitored by cameras as they shop, with the camera monitoring which items they place in their baskets. Customers are automatically billed when they leave the store.

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Three game-changers in the Automotive industry in 2018

New data-driven services, strong light-weight materials and a rapidly built out infrastructure for EVs (Electric Vehicles) are trends impacting the automotive industry throughout 2018.

Stefan Issing, the Global Industry Director for Automotive at IFS, presents his industry predictions for the year ahead.

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Prediction #3 -- 2018 foreign profit repatriation is a $591.8 BILLION taxpayer ripoff

When I started this series of 2018 predictions I said the recently passed U.S. tax law was going to have a profound impact on upcoming events. Having had a chance to look closer at the issue I am even more convinced that this seismic financial event is, as I wrote above, a $591.8 billion taxpayer ripoff. This is not to say there aren’t some possible public benefits from the repatriation, but it’s fairly clear that the public loses more than it will ever gain.

In case you don’t follow these things, multinational U.S. companies have, since 2005, squirreled away about $2.5 TRILLION in profits overseas because U.S. tax law allowed those profits to go untaxed until they are returned to the USA. Understand that this $2.5 trillion is more than just the profit made on overseas business: many companies changed their ways of doing business to divert what would have been U.S. domestic profits, sending them overseas for parking to await a business-friendly U.S. Administration that would cut them a sweetheart deal to bring back all that moolah. The amount of U.S. corporate income tax that went unpaid during this 12 year period was 35 percent of $2.5 trillion or about $875 BILLION. That’s taxes of $73 billion annually for 12 years that went unpaid -- about five percent of the federal budget for those 12 years.

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