Big data security required as 80% of devices ‘at risk’

Google
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Research by Irish company AdaptiveMobile found 80% of devices are at risk. This shows the need for ‘big security’ to be introduced to accommodate the huge projected growth in the internet-of-things, it says. Current security solutions won’t be strong enough to facilitate such an explosion in the number of devices, according to AdaptiveMobile’s chief technology officer Ciaran Bradley. “The concerning thing is when we look at the internet-of-things we’re talking about billions of sensors so if we were to take the current lax approach to security and transfer that across…

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Here the 10 biggest 2016 startup opportunities

Mobile Apps
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The year 2015 was all about drones, virtual reality, 3D printing, and the Internet of Things (IoT). This year, venture capitalists and industry observers say the tech world should expect more of the same. “Most hot startups in 2016 won’t be trying to lead revolutions or usher in whole new industries,” says Igor Shoifot, an investment partner with TMT Investments. “Instead, they’ll be enhancing existing technologies, products, services, or transactional ecosystems by saving users time, money, effort, and helping them make better choices more easily.” However, according to CIO, the…

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2016: The Internet Forecast to Quadruple in Size in Next Four Years

Google
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Global mobile Internet data traffic is forecast to increase 18 times from 2011 to 2016, to 10.8 exabytes per month (or 130 exabytes annually). Recently, Cisco issued results of the annual Cisco® Visual Networking Index (VNI) Forecast (2011-2016), the company’s ongoing initiative to forecast and analyze Internet protocol (IP) networking growth and trends worldwide. The VNI Internet Forecast update covers 2011-2016, and quantitatively projects the significant amount of IP traffic expected to travel public and private networks, including Internet, managed IP, and mobile data traffic generated by consumers and business…

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Time Warner Cable loses 320,000 customer passwords via phishing attacks

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If you’re a Time Warner Cable customer, now is a very good time to change your password. The company admitted late yesterday that it believes personal data belonging to as many as 320,000 customers may have been stolen. The news came to light after the FBI alerted Time Warner Cable to the fact that it believed that user data, including email addresses and passwords, “may have been compromised.” Reuters reports that it’s unclear how the data was collected, though “there were no indications that Time Warner Cable’s systems were breached.”…

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Apple suspends online TV service development efforts: Bloomberg

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Apple Inc has suspended plans to offer a live Internet-based television service and is instead focusing on being a platform for media companies to sell directly to customers through its App Store, Bloomberg reported on Tuesday. Apple’s plan to sell a package of about 14 channels for $30 to $40 a month has run into resistance from media companies that want more money for their programing, Bloomberg reported, citing a person with knowledge of the matter. Apple was in discussions with broadcasters such as CBS Corp and Twenty-First Century Fox…

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Zurich, Switzerland: Chairwoman of GEDA Group gives a Thought Leadership Keynote at the Quantum Global Symposium

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The Founder and Chairwoman of GEDA Group Sophia Bekele was invited to speak on a Thought Leadership Keynote Panel, held by Quantum Global Advisory Board Symposium on 19th November 2015, Zurich, Switzerland, convened at the Zürich Marriot Hotel. The Symposium was focused on the essential role and growing impact of female African entrepreneurs, business women and innovators on the Continents burgeoning growth trajectory and wider socio-economic development. Africa has the greatest potential and as such has experienced tremendous interest from the global frontier especially on information technology and more so…

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What’s next for Yahoo’s future of its core Internet Business

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WHAT’S NEXT? Yahoo is preparing to discuss the future of its core Internet business and its stake in Alibaba, the Chinese e-commerce giant. “Yahoo’s management has faltered in its efforts to turn around its core business and it faces investor pressure to take more dramatic moves, though the people familiar with the plans say no transaction is assured,” the Wall Street Journal reports. “If Yahoo decides to sell its core Internet business, it could put into motion a deal for the Alibaba stake as well as its 35% stake in…

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Guarding your online brand against cybersquatters

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If you had a business called Widgets R Us and somebody set up shop right next door with a business called Widgets R U, you’d probably be a bit miffed. Especially if the interloper then demanded money to move elsewhere. cybersquatters: But this sort of thing is happening all the time online. It’s called cybersquatting – buying up website addresses, or domain names, that sound very similar to existing well-known brand names. When Google recently launched its new parent company Alphabet, and the abc.xyz web address, there were more than…

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Study: Retailers Ignore Over 80% of Customers’ Requests via Social Media

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Sprout Social has found most that merchants fail to respond to consumer questions on Facebook and Twitter, a problem compounded during the holiday shopping season when the volume of requests increases. The stats from the Spout Social’s Q4 2015 Index are damning. Retailers failed to respond to more than 80 percent of consumer questions and requests on social media in the last year. And the cold shoulder from merchants was coldest when you’d think they could least afford it, during the holiday shopping season. During the fourth quarter of 2014,…

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How can Financial Institutions make IoT Technology payoff?

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Deloitte have produced a new fascinating report about the size of the market for the Internet of Things (IoT).  Here’s the management summary and you can download the whole report here . Can financial services, which deals mostly with the intangible, benefit from Internet of Things technology? Absolutely—and not only from more and better data about clients’ physical assets. IoT Technology applications aim to transform finance along with every other sector. IoT may be as broadly transformational to the financial services industry as the Internet itself, and leaders should make…

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