Cyber Crime and Espionage Top Challenges for IT Professionals in Navigating Digital Transformation

Investment in productivity, operational costs, and improving digital presence will drive new growth opportunities, finds Frost & Sullivan’s Digital Transformation team

London, 16 November 2017 — In Frost & Sullivan’s recent survey covering end-user perspectives on navigating digital transformation, 54 per cent of IT professionals cited cyber crime and espionage as their top challenges, followed by systems integration. Other noteworthy findings include significant IT investment in productivity,  improving digital presence, as well as communications/collaboration tool integration with other business software (Microsoft Office, Google-G-suite, CRM, ERP) and vertical applications.

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Forever 21 Reports Hacking of Payment Card Information

It has been reported that fashion retailer, Forever 21, has announced that there had been unauthorised access to data from payment cards used at some of its stores. The California based company said the breach was focused on transactions made at its stores between March and October this year. Forever 21 said only certain point of sale devices in certain stores were affected when the encryption on those devices was not operating.

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Cash Converter hit by Data breach

News has just surfaced that Cash Converters has been hit by a data breach. The company reported that it had:
“Received an email threat from a third party claiming to have gained unauthorised access to customer data within a Cash Converters’ United Kingdom website (‘Webshop’). The unidentified third party’s threat included the widespread release of the data unless it receives a financial payment.”

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2018 is the year for open source software for the Pentagon

The US Pentagon is set to make a major investment in open source software, if section 886 of theNational Defense Authorization Act for Fiscal Year 2018 is passed. The section acknowledges the use of open source software, the release of source code into public repositories, and a competition to inspire work with open source that supports the mission of the Department of Defense.

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National critical ifastructure breaches expected during the next two years

News broke today of a Black Hat research report which details major concerns among the Infosec community including critical infrastructure security, nation state attacks, enterprise security risks, and the implications of the NIS Directive and GDPR requirements. Almost half of the respondents cite a foreign power (terrorist organization, rogue nation or large nation-state) as the primary threat to Europe’s critical infrastructure, whilst nearly 40 percent believe that a lack of required skills is the primary reason why security strategies fail, and the shortage is only being exacerbated by GDPR requirements at many organizations.

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ESET Research news: Google Play hosts more multi-stage malware

Another set of malicious apps has made it into the official Android app store. Detected by ESET security systems as Android/TrojanDropper.Agent.BKY, these apps form a new family of multi-stage Android malware, legitimate-looking and with delayed onset of malicious activity. Eight apps of this malware type were discovered on Google Play, including a ‘Cleaner for Android’ and ‘World News’ apps.

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US Department of Defense to pursue open source software

It has been revealed that the Pentagon is looking to make a big push towards open source software in 2018. “Open source” is the industry term for using publicly accessible code, published for all to see and read. It’s contrasted with “closed source” or “proprietary” code, which a company guards closely as a trade secret. Open-source software is also more secure than closed-source software, by its very nature: the code is perpetually scrutinized by countless users across the planet, and any weaknesses are shared immediately.

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The Pentagon looking to move to open source software in 2018

News has surfaced that the Pentagon is looking to make a big push towards open source software in 2018. Open source, by its nature, is a shared tool, much more like creative commons than copyright. One big advantage is that, often, the agreements to run open-source software are much more relaxed than those behind proprietary code, and come without licensing fees.

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TOYOTA’S HYDROGEN-ELECTRIC MIRAI MARKS 50,000 CLEAN AND RELIABLE MILES WITH GREEN TOMATO CARS

Britain’s hardest-working Toyota Mirai has just clocked up 50,000 miles of fault-free service on London’s streets with private hire company Green Tomato Cars. In two years on the road, the revolutionary hydrogen fuel cell saloon has proved utterly reliable and has produced no polluting emissions.

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