No matter how much money companies throw at the problem of improving cybersecurity outcomes, they will never close every possible path to their inner networks because hackers are extremely adept at exploiting human weaknesses. That's the view of Theresa Payton, a former White House chief information officer and the founder of Fortalice. She says that hackers are constantly changing tactics to match new technological barriers to intrusion and that the majority of cyberattacks against businesses involve trickery.
IBM is updating its Cloud Data Services portfolio with the release of four tools for developers and data scientists. The tools are a graph database service, a managed platform for Web-scale applications, a predictive analytics service for machine-learning and a self-service marketplace for analysis and application integration.
What could have become a crackdown on trans-Atlantic data transfers has been postponed until March or April. The EU's privacy regulators said they will use the time to study the last-minute data-transfer agreement worked out by EU and US negotiators.
Ontario-based cybersecurity startup eSentire is among a string of Canadian tech firms that have racked up investments recently as funding in the US slows. The company raised $14 million shortly after video-software startup Vidyard landed $35 million and e-commerce company Hubba announced it is on pace to complete a $45 million round of funding.
Gartner is forecasting an increase in virtual and augmented reality headset shipments over the next two years, to reach 1.4 million this year and topping 6.3 million next year. Gartner says 140,000 VR/AR shipments were recorded for 2015. Microsoft's HoloLens, Sony's PlayStation VR, and Oculus Rift are all expected to ship this year. Gartner also predicts 25% of businesses will begin using VR/AR tech for enterprise use in 2018.
Connectifier, a startup that uses artificial intelligence to link recruiters and job candidates, has been purchased by LinkedIn. In an earnings statement, LinkedIn said Connectifier "will further strengthen our core products and accelerate our product roadmap, leveraging powerful machine learning-based searching and matching technology to help recruiters and hiring managers find the perfect talent fit."
The software-defined-networking market is on track to rise 54% over the course of five years, reaching $12.5 billion by 2020, IDC says. "While the physical network ... will still account for the largest single segment of the SDN market in 2020, the fastest growth will be found in the two software categories -- the virtualization/control layer and SDN applications," the report said.
Hillary Clinton said recently that preventing cyberattacks on the US will be a critical function of the next president, and she pointed to state-sponsored hacking by countries such as Iran and China. During a campaign event in New Hampshire, the Democratic presidential candidate also alluded to the increasing role of cyberattacks in terrorism and called for a more unified response to hacking threats.
Cisco says it will spend $1.4 billion to purchase Jasper Technologies, which makes a cloud-based platform for managing Internet of Things devices. Jasper CEO Jahangir Mohammed will oversee Cisco's new Internet of Things Software Business.
Hackers in late December broke into customer accounts on retailer Neiman Marcus' e-commerce website. Security experts say the incident shows the need for stronger authentication methods.
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