Over 6 billion IoT devices on the planet, Big potential for cybercriminals

According to Gartner, there are currently over 6 billion IoT devices on the planet. Such a huge number of potentially vulnerable gadgets could not possibly go unnoticed by cybercriminals. As of May 2017, Kaspersky Lab’s collections included several thousand different malware samples for IoT devices, about half of which were detected in 2017. The number …

Trump Administration to revise driverless car guidelines

The Trump administration is said to be revising the existing guidelines for driverless vehicles. Updated guidance on the emerging technology is expected to be released in the next few months, Transportation Secretary Elaine Chao said, according to multiple reports. “The pressure is mounting for the federal government to do something,” Chao said during a conference …

Report Urges Security providers to consider offering DDoS protection as a service

A new report by Corero Network Security suggests that offering DDoS protection as a service is a viable business idea. Out of its respondents, 82 percent see a “clear business opportunity” in providing DDoS protection as a service to its customers. Also, 93 percent see providing DDoS mitigation in relation to other types of security …

Apple eyes 5G Roll out to enhance iPhone internet speed

“Apple Inc. seeks to assess cellular link performance in direct path and multi-path environments between base station transmitters and receivers using this spectrum,” reads the application, according to BI. “These assessments will provide engineering data relevant to the operation of devices on wireless carriers’ future 5G networks.” A report from Business Insider states that Apple …

Microsoft to set up data center in Africa

Microsoft software giant has announced it will deliver its cloud service to users in Africa from data-centers in Johannesburg and Cape Town beginning next year. We plan to deliver the Microsoft Cloud — including Microsoft Azure, Office 365 and Dynamics 365 — from datacenters located in Johannesburg and Cape Town, with initial availability in 2018. …

Cyber Breaches on the Financial sector skyrocketed in 2016

More than 200 million financial services records were breached in 2016, representing a 937% percent increase over the previous year, according to data from IBM. The monetary gains associated with corporate and customer data available throughout the financial sector proved appetising to cybercriminals in a year which saw hackers switch their focus away from the …