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Exponential innovation is causing exponential disruption
Exponential innovation is causing exponential disruption
Exponential innovation is causing exponential disruption
“One of Sony Corp’s insurers has asked a court to declare that it does not have to pay to defend the media and electronics conglomerate from mounting legal claims related to a massive data breach earlier this year.” (Source: Sony insurer sues to deny data breach coverage | Reuters.)
“Today, as part of the EU-US Justice and Home Affairs Ministerial in Gödöllo (Hungary), Neelie Kroes, European Commission Vice President for the Digital Agenda, EU Home Affairs Commissioner Cecilia Malmström and Secretary of the US Department of Homeland Security Janet Napolitano reiterated their shared commitment to deepening cooperation to address the increasing threats to global…
“The FBI has sent out a fraud alert over recent trend of unauthorized wire transfers to China. Small- to medium-sized business in the U.S. are typical victims.” (Source: FBI uncovers string of large, unauthorized wire transfers to China.)
“The story of Stuxnet, a piece of malware that almost certainly targeted an Iranian nuclear facility, is complex and dense. Most of the interesting stuff is buried in the half megabyte of code that the worm is made of, and telling a good story about the details is nearly as difficult as figuring them out…
“Some of the federal government’s most critical agencies are falling down on database security with misconfigurations, vulnerabilities, and a lack of best practices, putting sensitive citizen and defense information at risk as a result, new government audits show. Just this week, the Office of the Inspector General (IG) found that the Department of Homeland Security…
“Hackers who have claimed responsibility for a spate of recent break-ins said on Friday that they had infiltrated the network of IRC Federal, an engineering contractor that works for federal agencies including the Federal Bureau of Investigation, and stole internal documents from its database and e-mail system.” (Source: AntiSec Hackers Hit F.B.I. Contractor – NYTimes.com.)
“The Obama administration is working to contain cybersecurity threats posed by software and hardware infrastructure built overseas, an official said Thursday.” (Source: U.S. infrastructure faces cyberthreats – UPI.com.)
“Hackers broke into the Washington Post Co’s jobs website in two incidents last month, affecting more than a million user IDs and emails, the company said on its website.” (Source: Hackers break into Washington Post jobs site | Reuters.)
” Targeted attacks are the trend in cyberspace. Six months ago, the world’s first cyber superweapon – Stuxnet – was discovered to be targeting Iran’s nuclear facilities. This week millions of e-mail addresses were reported stolen from Epsilon, a firm that supplies e-mail marketing to BestBuy, Disney, and many others. The two highlight a trend…
“The technical sophistication of cybercriminals is swamping the world’s ability to cope, a top U.S. official warned on Friday, demanding an accelerated cross-border campaign to combat the security threat. “ (Source: Cyber attacks outpace global response, U.S. warns | Reuters.)
Alan Cohen is a partner at DCVC, a highly regarded venture capital firm who pioneered the concept of investing in Deep Tech. He has helped lead and grow some of the most influential enterprise IT companies in the world. We talk tech with Alan, and he is the perfect guy to examine some of the…