A cybersecurity firm highlights IT, and financial, risks for 2014.
Congress is considering cracking down on patent abuse, both by holders of business method patents and by so-called patent trolls. But what effect that will have on innovation is anyone's guess.
Overused as it may be, the expression "cash is king" captures the zeitgeist of the corporate finance world, judging from Protiviti's 2014 Finance Priorities Survey released Monday.
The value of the patents that Google acquired from Motorola in their $12.5 billion deal in 2011 may be worth much less than what the search giant has claimed, judging from a recent court decision. And the time is coming when Google may have to recognize that fact.
Fingerprint authentication hit the mainstream in a big way as part of the latest iPhone launch, but already some are pronouncing it dead as an enterprise tool. The Chaos Computer Club wasted no time in compromising the system, even issuing a press release that touted it "successfully bypassed the biometric security of Apple's TouchID using easy everyday means. A fingerprint of the phone user, photographed from a glass surface, was enough to create a fake finger that could unlock an iPhone 5s secured with TouchID. This demonstrates – again – that fingerprint biometrics is unsuitable as access control method and should be avoided."
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There are plenty of options. You might argue that cloud computing represents the biggest challenge; same goes for BYOD and mobile issues. How about network security or advance persistent threats?
We've suggested that the frenzy to embrace a variety of mobile technologies has run ahead of the compliance effort. These programs were often rolled out so fast, to the applause of employees, that in more than a few cases they let compliance and security go lacking.
Without having to shoot a gun or answer for predatory activities, countries are making their real-world allegiances very clear. Russia for example has long been seen as a safe haven for cyber criminals. But as the stakes have risen in the international free-for-all pitting cyber criminals against governments, Russia's official hand has been forced. It has recently issued some "advice for its cyber criminal class, and any other citizens who might be wanted by U.S. law enforcement: Don't leave home," as noted by Wired.
When it comes to cyber breaches, it took a while for companies to truly understand the risks involved, despite constant reminders in the headlines.