A year ago, Michael Dell spent $25 billion to buy the PC company he founded back from shareholders and turn it into what he called “the world’s largest start-up.” How’s that going for him? If the CEOs’ talk at last week’s DellWorld 2014 is any indication: great. As this piece notes, Dell argues that going private has accomplished much more than getting Carl Icahn off his back. It has allowed the tech giant to draw its attention away from profit margins into R&D. No longer burdened by the need to meet Wall Street’s numbers each and every quarter, Dell can experiment and take chances. Experiment how and on what? Dell said that Internet of Things and security are two areas the company is investing in in a big way. “As we look at our business we can now ask what are the opportunities and the unmet challenges. These are in infrastructure, […]
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Retailers Demanding Federal Action on Data Breach
Add retailers to the chorus of voices calling for federal legislation on cyber security and data protection. In an unusual move, retail groups from across the U.S. sent a letter to Congressional leaders that urged them to pass federal data protection legislation that sets clear rules for businesses serving consumers. The letter, dated November 6, was addressed to the majority and minority party leaders of the U.S. Senate and the House of Representatives and signed by 44 state and national organizations representing retailers, including the National Retail Federation, the National Grocers Association, the National Restaurant Association and the National Association of Chain Drug Stores, among others. “The recent spate of news stories about data security incidents raises concerns for all American consumers and for the businesses with which they frequently interact,” the letter reads. “A single federal law applying to all breached entities would ensure clear, concise and consistent notices to all […]
Bad News About File Sharing Apps
Sensitive enterprise data may be leaving the safety of our corporate networks at a much faster clip than we believed – with web based file sharing services a major contributor to data flight. That’s the conclusion of a survey by the firm Elastica, which analyzed 100 million files shared on leading public cloud applications. According to the research, employees each stored an average of 2,037 files in the cloud. More concerning: fully 20 percent of the files that were “broadly shared” via file sharing services contained regulated data of one sort or another. The company put together a nice little infographic that highlights some of the larger findings. You can view it here. Read more via The Bad News About File Sharing Apps | Digital Guardian.
Dusting For Malware’s Bloody Prints
Malicious software is nothing new. Computer viruses and worms have been around for decades, as have most other families of malware like remote access tools (RATs) and key loggers. But all our experience with malware hasn’t made the job of knowing when our organization has been hit by it any easier. In fact, recent news stories about breaches at Home Depot, Target, Staples and other organizations makes it clear that even sophisticated and wealthy corporations can easily overlook both the initial compromise and endemic malware infections – and at great cost. That may be why phrases like “dwell time” or “time to discovery” seem to pop up again and again in discussions of breach response. There’s no longer any shame in getting “popped.” The shame is in not knowing that it happened. Greg Hoglund says he has a fix for that latter problem. His new company, Outlier Security, isn’t “next generation […]
Is IoT Innovation Outpacing Our Ability To Keep It Safe?
GigaOm has an interesting, high-level piece that looks at the issue of law, liability and the Internet of Things. The article takes off from a discussion at the Download event in New York City earlier this month, wondering whether adoption of Internet of Things technologies like wearables is starting to run far ahead of society’s ability to manage them. Specifically: is the pace of technology innovation outstripping the ability of our legal system to reign in excess and protect public safety and civil liberties? On the list of ‘what-if’s’ are some familiar questions: How to assign liability. (“If one of Google’s automated cars crashes, is it the fault of the driver or Google?”) Read more Security Ledger coverage of Internet of Things here. What responsibility to users have to take advantage of safety features in connected products? (Does a parent’s failure to password-protect a baby monitor change the manufacturer’s liability when and […]