The probe into Russia's role in influencing the 2016 election is delaying further discussions about cybersecurity and needs to be resolved before moving forward, says Sen. Claire McCaskill. The Senate's slow advancement of President Donald Trump's Cabinet nominees also is creating a delay in establishing cybersecurity policy.
Toshiba reportedly wants a minimum of $8.8 billion for a majority equity stake in its profitable semiconductor business, which makes NAND flash memories and other devices. The company, which had to take a $6.3 billion write-down on its nuclear business, is said to contemplate completing the chip-unit transaction during the next fiscal year, which begins April 1.
Verizon and Yahoo have agreed to reduce the amount of their merger deal by $350 million following news of a massive data breach at Yahoo. The two companies have also agreed to each pay half of any liabilities related to select government regulations and breach-related lawsuits brought by third parties.
Companies face the risk of increased and more sophisticated cyberattacks and should consider investing in a "platform of the future" that uses integration and automation, said executives at the 2017 RSA Conference. The security platform should focus on visibility, analysis and enforcement, said Palo Alto Networks' Mark McLaughlin, while Cisco's David Ulevitch emphasized using the cloud to shorten response times.
Health data breaches are most vulnerable to human error and the vulnerability of employees, says former hacker turned security consultant Kevin Mitnick. A CHIME report suggests that just 16% of health care providers have adequate security procedures in place.
Hewlett Packard Enterprise has joined a growing list of companies with a problem clock component, with the Intel Atom C2000 chip suspected by some to be the cause. Cisco and Juniper products have also been affected by the problem, with Cisco creating a $125 million reserve fund to replace faulty networking gear.
Dell EMC will offer Enterprise Hybrid Cloud in conjunction with the company's VxRail Appliances hyper-converged infrastructure system at the end of March. Dell EMC unveiled VxRail Appliances a year ago and has seen fast adoption, with more than 8,000 nodes serving 1,000 customers in 78 countries.
The US education system needs to take steps to address the shortage of cybersecurity and other technology workers, writes Kyle Martin. More STEM programs need to be offered in grade schools, while universities should create more courses that train cybersecurity professionals, and organizations must target millennials to increase awareness of the need for tech employees, he writes.
Aon has recently launched the 2016 Business Continuity Management Trending Index in partnership with BC Management Inc. This market-leading survey tool is designed to enable risk and business continuity leaders to self-assess the effectiveness and maturity of their organization's business continuity management (BCM) approach. This complimentary survey takes approximately 25 minutes to complete and participants have the opportunity to engage with Aon consultants for a 30-minute debrief to review their results. We encourage all risk professionals who are actively involved in their organization's BCM and emergency response initiatives to participate here.
IBM's new internet of things headquarters in Munich, Germany, has opened as part of the company's planned $3 billion, four-year IoT investment. The company is also promoting a flurry of new business agreements, including partnerships with Visa, Ricoh, Indiegogo, Bosch and the French railway SNCF.
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