Venture capitalists sank a record $5.3B into funding cybersecurity companies last year, but experts say much of the money was spent not on tech to go up against cyberattacks but on marketing. Also troubling is that most cybersecurity startups are creating similar technology, says Ilia Kolochenko, CEO of web security company High Tech Bridge.
Ride-hailing, bike-sharing and other "new mobility" services are already changing how people get around in cities around the world -- but not always for the better, especially for lower-income people. Governments can incentivize these services through policy to reduce congestion, improve safety and improve quality of life for all citizens, not just the wealthy, Aniruddha Dasgupta and Guangzhe Chen write.
To address the gap in the number of male and female members of the cyberskills workforce -- almost 90% are male -- the UK is launching free all-female CyberFirst Defender courses through the National Cyber Security Centre. There will be 600 spaces at several sites for the four-day courses.
The massive data breach that compromised the information of almost 400 million customers was traced to one of Marriott's loyalty programs, so the company has unveiled Marriott BonVoy, a new loyalty program that will take the place of the previous three offered by the company. Marriott Rewards, The Ritz-Carlton Rewards, and Starwood Preferred Guest -- which was determined to be the source of the breach -- will be replaced by Marriott BonVoy on Feb. 13.
A phishing attack targeting the Democratic National Committee hit several days after the 2018 midterm elections, the organization revealed in court documents Thursday. Dozens of DNC emails were targeted in the attack, which the DNC blames on Russian intelligence.
IBM has agreed to a $325 million deal with Juniper Networks to help the company build its cloud-based strategy with infrastructure, applications and IT services. IBM will manage Juniper's support systems with its IBM Services Platform with Watson during the deal which spans seven years.
Avaya is adding partners to its A.I.Connect network and focusing on incorporating artificial intelligence capabilities with its unified-communications offerings. Knowmail and over.ai join Avaya's partner group as Avaya tries to help its customers' employees become more effective through individual and work-based communications.
Cisco CEO Chuck Robbins warned US officials Wednesday about increasing tariffs on Chinese goods, saying companies will cut research and development funding to absorb the cost of the higher tariffs. Bloomberg Chief Economist Tom Orlik says the increased tariffs will lead to less collaboration on research between companies.
City Brain, an AI-powered smart traffic system that analyzes roads in real time to coordinate signals, has dramatically reduced congestion in Hangzhou, China, according to Alibaba, which created the system. More cities in China and elsewhere are experimenting with City Brain and other smart traffic systems to lessen commute times and optimize emergency services.
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