Lifeboat Foundation

This is very true; everyone knows in order for AI to truly be embraced by both consumers and industry; that Cyber Security on multiple fronts will need to be invested in to ensure better adoption of all the great technology on the horizon.

Though the cyber security industry has lost its momentum in the past several months, partially due to the weakness in the broad technology sector, it is poised for exponential growth in the coming years in the face of increasing cybercrime and the need to protect against these threats. According to Gartner, global security spending will increase 4.7% year over year to $75.4 billion in 2015 with some analysts projecting the global market to grow from $77 billion in 2015 to $170 billion by 2020.

The Q4 earnings reports of several industry players reflect this trend as most of them have beaten our earnings and revenue estimates with an encouraging outlook. Yet, they failed to drive the space and its ETFs higher that might suggest attractive entry point at the current level (read: 16 Bold ETF Predictions for 2016 ).

Continue reading “Time to Buy Cyber Security ETFs on Decent Q4 Results?” »

See even Space gets it — the importance of great Cyber Security is needed now.

The disruption of capabilities that space assets provide would have immediate, far-reaching and devastating economic, political, and geostrategic consequences. Over the past two decades, space vulnerabilities have grown dramatically in a manner commensurate with terrestrial dependency on space-based capabilities and enablers. This is true for both civilian and military activities. Purposeful interference with space systems could rather easily trigger a retaliatory spiral of actions that could compromise a safe and secure operating environment in space. Accordingly, having available a range of measures to prevent or preempt an incident, or even full-up conflict, is of rapidly growing importance to an increasing number of countries.

The interruption of space services through a cyber attack could involve large, and possibly very complex, knock-on effects. As the space and cyberspace domains are linked operationally—space cannot exist without cyber and cyber, in some cases, without space—and they permeate all other warfighting domains (i.e. land, air, and sea), cyber-related vulnerabilities of space assets are a major concern. Global effects would be virtually instantaneous.

Continue reading “Governance challenges at the intersection of space and cyber security” »

Are you feeling confident about those robots and other AI machines and apps connected to the cloud environments self managing themselves?

The latest round of embarrassing federal data breaches struck the very agencies charged with protecting Americans, evidence one leading member of Congress believes is proof that throwing money at a problem doesn’t solve much unless there’s accountability to go with it.

Last week, the personal data of some 20,000 FBI employees and more than 9,000 Department of Homeland Security workers was released.

Continue reading “$100 Billion Later, Feds Fumble on Cybersecurity” »

I believe that AI holds a lot of promise and many great things; however, we have to correct some very critical issues 1st before compound a huge issue that we have today. And, that is Cyber Security and re-establish trust with our consumers and customers. Without these 2 being fully addressed; you will compound these two challenges with AI plus run the risk of having an IoT that most people will not wish to use due to hackers, bad data, etc. Not to mention lawsuits for Wi-Fi connected robotics that were hacked and injured or worse some innocent person.

I believe need to ensure priorities are in order before we make things worse.

Unexpected convergent consequences…this is what happens when eight different exponential technologies all explode onto the scene at once.

Continue reading “Where Artificial Intelligence Is Now and What’s Just Around the Corner” »

Watch out for new patch from Magento — hackers are at it again.

Attackers are still trying to find Magento installations that haven’t patched a particularly bad vulnerability, this time trying to trick people into downloading a fake patch.

The bogus patch purports to fix a flaw known as the Shoplift Bug, or SUPEE-5344, wrote Denis Sinegubko, a senior malware researcher with Sucuri.

Continue reading “Attackers try to compromise Magento with a fake patch” »

Nice article; something that I agree very much with is the perspective that both Cyber Security is intertwined with technology innovation and adoption. Tech and other companies creating products or even services that leverages the net, can easily see their revenue potentials impacted due to poor Cyber Security. Example, Hello (Wi-Fi) Barbie by Mattel; when it was announced that the doll was indeed hackable; many buying consumers buying for their children left her on the shelf.

Hackers use innovative thinking when breaching systems, why can’t government?

by Larry Karisny

Continue reading “Bringing Innovation into Cyberdefense Technologies” »

I believe it is wonderful to think about cognitive computing. However, as a fellow CIO & CTO, I would suggest a key priority has to be focused on Cyber Security until it is resolved; or in a better position to proactively blocker would be intruders. Without a solid Cyber Security plan and model in place and operational; your cognitive computing capabilities will be worth nothing in the end once hackers are helping themselves to your IP and other information as well as your AI machines.

The news comes from the recent IBM Institute for Business Value study, “Redefining Competition: Insights from the Global C-suite Study — The CEO perspective.” Researchers interviewed more than 5,000 C-level executives worldwide about their perspectives on a variety of technology issues, including the importance of mobile solutions, cloud computing, and the Internet of Things.

Torchbearers and Market Followers.

Continue reading “Top CEOs Focusing on Cognitive Computing” »

China’s public report on their own Cyber Security Strategy — don’t get too excited; it is a “public” version of their plan (mean nothing in depth).

New cyber warfare unit

While China was assessed to have cyber warfare capabilities for quite some time, the declaration by its Central Military Council of the formation of a new military branch focussed on digital battleground technically called Strategic Support Force on 1st Jan. 2016 confirmed this. This new force is mainly aimed at providing resources capable of protecting China’s cyber and space security. On this occasion Xi pointed out that this force is central to achieving the “Chinese Dream” suggesting its importance.

Continue reading “Chinese cyber strategy-building deterrence” »

Very good read; and hints at something that I have been highlighting for a while around AI, NextGen transformation and adoption, etc. One very large brick wall that I highlighted in my latest posts around 5 areas that need to be address for AI to be adopted more broadly is Cyber Security.

If we do not get Cyber Security address soon around hackers, cloud, etc. AI (including robotics), brain interfaces, etc. will be either rejected or very limited in its adoption. It is just that simple.

What are CISO’s (Chief Information Security Officers) worrying about in 2016?

Continue reading “Clueless In Cyber-Security Land” »