CybersecurityUpdate

Cybersecurity Firm Firedome Raises $10 Million to Secure IoT Devices

VentureBeat is reporting that Tel Aviv and New York-based cybersecurity firm Firedome has raised an additional $10 million in funding, bringing their total to $14.5 million. The new round of investment will help the company continue development of its cybersecurity suite aimed at protecting Internet of Things (IoT) devices from hackers, malware, ransomware, denial of …

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Germany Won’t Exclude Huawei 5G Equipment

Germany has completed its ‘security catalog,’ a set of rules telecommunications companies must comply with as they deploy 5G networks. Reuters is reporting that, despite pressure from the U.S., German officials have not excluded Huawei from participation. The U.S. and Huawei have been at odds over allegations the equipment vendor has backdoors in its 5G …

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DataWallet Puts You In Charge of Your Data, Says CEO

“DataWallet is basically a digital wallet that holds all of your personal data,” says DataWallet CEO Serafin Lion Engel. “If Twitter was to give you a DataWallet you would see exactly all of the data that you create on Twitter. At the end of the day what DataWallet does is put you in control of …

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Amazon Looks to Preempt Facial Recognition Legislation

Few technologies are more controversial and divisive as facial recognition. Customers have come to rely on it to log into their phones and tablets, police and government agencies are increasingly using it to identify suspects and privacy advocates decry it as an unconstitutional invasion of people’s rights. Amazon has established itself as a leader in …

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Five Eyes Sign Intelligence Agreement to Target China

The Five Eyes gained worldwide attention and notoriety in the wake of the Snowden revelations. The Five Eyes is an intelligence alliance comprised of the United States, United Kingdom, Canada, Australia and New Zealand. The agencies of the five countries share intelligence and cooperate in the global War on Terror. Now, according to a joint …

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Google Scores Win In “Right to Be Forgotten” Case

Google received a welcome victory in the European Union’s highest court in relation to the EU’s “right to be forgotten” rules. For the past five years, EU citizens have enjoyed the right to have search engines remove embarrassing or outdated information from their indexes. At the heart of the case was whether the right to …

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Akamai Acquires KryptCo, Makers of Authentication Technology

Akamai Technologies, one of the world’s premier content delivery networks (CDN), just announced its acquisition of KryptCo. KryptCo is the creator of a mobile, multi-factor authentication mechanism that, unlike many competing solutions, doesn’t require a pin number for authorization. As a result, KryptCo’s technology is resistant to phishing attempts. Akamai has a long-standing reputation as …

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We Have a Bigger Plan For Security

“Fundamentally, we have a bigger plan for security,” says VMware COO Sanjay Poonen. “We felt it was the perfect time for us to come up with a disruptive play that was based on big data, was AI, and was cloud-based. There were only two companies doing it, CrowdStrike and Carbon Black. We felt Carbon Black …

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Customers Accelerating Their Digital Transformation, Says HPE CEO

“Customers continue to affirm the need to accelerate the digital transformation and take advantage of the explosion of data we see around us,” says HPE CEO Antonio Neri. “This ultimately is the core aspect of how they derive an improved business outcome. We have a very complete portfolio from the edge to the cloud. Digital …

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Bitcoin is Bad, Blockchain Is Revolutionizing, Says VMware CEO

“Bitcoin as its implemented and implementation of blockchain and distributed ledger I assert is bad,” says VMware CEO Pat Gelsinger. “Its purpose is almost all illicit and it’s an environmental crisis. This is a terrible implementation of blockchain. I’m not saying that blockchain is bad. I think it is revolutionizing. This is breakthrough innovative technology …

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5G Poses New Security Risks, Says Avast CEO

“5G brings a couple of things,” says Avast CEO Ondrej Vlcek. “One is the density of the network which is enabling things like IoT, the Internet of Things. That’s an exciting thing but also poses some new security risks. Second is speed of connectivity which we all want and which we all sort of are …

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Zuckerberg Connecting Whatsapp, Instagram, and Facebook. What Could Go Wrong?

“Typically, you separate great brands to create enterprise value,” says Scott Galloway, a Professor of Marketing at NYU Stern School of Business. “Mark Zuckerberg is trying to encrypt the backbone between WhatsApp, Instagram, and the core platform Facebook, such that he has one communications network across 2.7 billion people or the population of the southern …

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