Symantec: Antivirus is ‘DEAD’ – no longer ‘a moneymaker’

Oh, and it’s still 40 per cent of our business Symantec, a company that has made huge amounts of cash as the largest antivirus software vendor for the last quarter of a century, looks to be getting out of that business and into fixing hacking problems rather than stopping them. “We don’t think of antivirus as a moneymaker in any way,” Brian Dye, Symantec’s senior vice president for information security, told The Wall Street Journal, adding that antivirus was “dead.” Dye said that modern antivirus software only stops around 45 per cent…

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Cyber-Attackers Have Advantages, but Enterprises Must Fight Back

Most security pros believe attackers are able to dodge defenses. Companies can better protect themselves by sharing threat intel within their industries. Over the past three years, the IT security community has gradually come to the consensus that every company should assume that their systems have been breached. While the lack of faith in their technology, tools and people may, on some level, be practical, it should not be a reason to give up, security experts stress. The latest report from the Ponemon Institute released this week shows, for example,…

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11 sure signs you’ve been hacked

Sure sign of system compromise No. 10: Your bank account is missing money I mean lots of money. Online bad guys don’t usually steal a little money. They like to transfer everything or nearly everything, often to a foreign exchange or bank. Usually it begins by your computer being compromised or from you responding to a fake phish from your bank. In any case, the bad guys log on to your bank, change your contact information, and transfer large sums of money to themselves. What to do: In most cases…

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EMC’s Elastic Cloud Storage Targets Amazon, Google

Data storage company EMC on Monday took the covers off its ECS (Elastic Cloud Storage) Appliance at EMC World 2014 in Las Vegas. Formerly known as Project Nile, the company is positioning its latest product as a breakthrough in hyper-scalecloud storage infrastructure that spans customers of any size in every industry — and aiming squarely at Google and Amazon. EMC is answering what it sees as an industry need: The so-called “third platform of IT” — social, mobile, cloud and bigdata — is creating new opportunities and competitive threats for large enterprises and small…

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Cash is a Dirty Habit

Two thirds of Europeans believe cash is dirty – but struggle to break the bad habit with only one in five washing their hands after holding it  Waterloo, May 6, 2014 –  Research released today by MasterCard has shown that despite believing handling cash, bank notes or coins to be unhygienic and dirty, only one in five wash their hands after holding it. The European wide study of over 9,000 consumers from 12 countries highlighted how despite being ranked as more unhygienic than hand rails on public transport or communal food, such as nuts in…

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The Changing Face of the Financial Services Industry

In an information age, data becomes the new source of value. The information revolution isn’t just changing consumers’ preferences and behaviors. It’s also changing industries by enabling new information-driven solutions that match consumer needs better than traditional offerings do. In short, the old way is not working anymore because consumers expect more. This new reality is impacting all industries, but particularly financial services, which is not known for its revolutionary thinking. According to the Oliver Wyman report “A Money and Information Business: The State of the Financial Services Industry 2013,”…

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Big Data knows you’re broke

Big Data knows when you’ve fallen on hard times. Whether you’re deep in debt or a senior on a fixed income, data brokers can track and sell your information to payday lenders, debt consolidation firms and other marketers. The problem is the information can be used by businesses or scammers that prey on the poor and the elderly, lawmakers say. For example, lists of frequent payday loan borrowers could be targeted for other high cost loans — ones that could sink them even further into debt. And lists of elderly…

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11 sure signs you’ve been hacked: part five

Sure sign of system compromise No. 8: Your mouse moves between programs and makes correct selections If your mouse pointer moves itself while making selections that work, you’ve definitely been hacked. Mouse pointers often move randomly, usually due to hardware problems. But if the movements involve making the correct choices to run particular programs, malicious humans are somewhere involved. Not as common as some of the other attacks, many hackers will break into a computer, wait for it to be idle for a long time (like after midnight), then try…

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Wearable technology could boost workplace productivity

Study reveals that devices would have a positive effect on staff and organisations. Wearable technology, such as smart watches and fitness monitors, could significantly increase the productivity of workers, according to a recently published study. Researchers from Goldsmiths, University of London, looked into how wearable devices affected employee wellbeing, productivity and job satisfaction over a one-month period. The results were published in the Human Cloud at Work (HCAW) report. It showed during that period employee productivity was boosted by 8.5 per cent, while job satisfaction improved by 3.5 per cent. Workers were given…

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Danube IT 2014: Internet of All Things

The Danube IT 2014 Conference and Matchmaking Event in Novi Sad, Serbia, May 29/30 will explore a variety of topics related to IoT. Conference participants will learn from a stellar lineup of speakers, be able to share their own experiences, and will have the opportunity to network with speakers and participants during individual presentations, panel discussions, the unconference session, B2B matchmaking, and many informal social settings. Danube IT 2014 is an ideal venue for anyone interested in information technologies and high-tech innovation: founders and potential founders of high tech startups,…

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