In-brief: The U.S. Government spends the lion’s share of its IT budget maintaining legacy technology, some of it 30 and 40 years old. That trend is getting worse and depressing investment in newer technology, a report by the Government Accountability Office warns.
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Cisco Study: Disruptive Tech Could Drive Retail Bank Die Off
In-brief: A study by Cisco Systems found that innovation will drive a major shakeup in the retail banking sector, with concerns about cyber security a major roadblock to innovation.
On Data Breaches: Is Our Employees Learning?
In-brief: companies are doing a poor job of educating employees to prevent inadvertent data breaches and spot malicious insider activity, despite the stakes.
With $20m in Funding, IoT Startup Afero Talks Up Security
In-brief: Afero, a startup offering a platform for Internet of Things devices, scored a $20.3 million Series A financing round, in part by promising a scalable Internet of Things platform that doesn’t skimp on security.
IBM Tweaking Watson AI For Cyber Security Analysis
In-brief: IBM said that a new, cloud-based version of its Watson cognitive technology is being trained to help detect cyber attacks and cyber crimes.