Cities will need between $71 trillion and $78 trillion over the next 10 years for infrastructure to support urban growth, Bank of America Merrill Lynch analysts said. Challenges including poor governance, inequality and crime face global cities, highlighting the need for smart technology and infrastructure, the analysts said.
Former government cybersecurity specialists from George W. Bush's and Barack Obama's administrations have backed a proposal that would restructure the Department of Homeland Security to enhance cybersecurity. The proposed legislation would break a rebranded National Protection and Programs Directorate into four divisions that would focus on different aspects of federal cybersecurity.
Illinois Gov. Bruce Rauner has announced a cybersecurity plan that will be included in the $900 million the administration has requested for the information technology budget. The plan would provide protection for state executive branch agency information systems.
Cisco has completed a $3.7 billion purchase of enterprise-software firm AppDynamics. "Combining AppDynamics' unparalleled analytics with Cisco's incredible global reach will enable us to accelerate AppDynamics' success and broaden Cisco's software offerings, a key area of investment and growth for us," according to a blog post from Cisco's Hilton Romanski.
There is a disconnect between what managers believe motivates employees and what actually motivates them, writes Susan Fowler. Managers will often ascribe their motivations and beliefs to others, she notes, and oftentimes organizational constructs prevent managers from directly affecting pay, title or bonuses.
Baidu was recently targeted by a group of hackers who attempted to access the company's driverless car technology. The company has a cybersecurity team testing new security solutions, and it has also partnered with Tencent and Alibaba in the fight against potential threats.
Companies must do more to adopt aggressive corporate cybersecurity standards to protect customer privacy and maintain their reputations, writes Scott Shackelford. "With ongoing, systemic cybersecurity risk management, companies can stay ahead of the curve, protecting their customers and society in the process," Shackelford writes.
Sens. Ed Markey, D-Mass., and Richard Blumenthal, D-Conn., have reintroduced legislation that focuses on improved cybersecurity for cars and airplanes. The proposal would direct the National Highway Traffic Safety Administration and the Federal Trade Commission to create cybersecurity and privacy standards for cars; it also calls for a rating system for vehicles.
The struggles of companies trying to attract cybersecurity talent creates an opening for security firms to fill the gap. "For the channel, this could be an ideal opportunity to offer managed services that can step in with outsourced cybersecurity services," said Mike Herman of Palo Alto Networks.