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How can Financial Institutions make IoT Technology payoff?

November 4, 2015February 11, 2016 Staff Writer

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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San Francisco Gets Its Own Cellular Network For The ‘Internet Of Things’

October 30, 2015February 15, 2016 Staff Writer

Internet Of Things: Sigfox’s answer is a wireless network that specializes in communicating with millions of low-power devices that don’t deal with large streams of data. The Toulouse, France-based company’s network is already covering almost all of France and Spain. Now Sigfox is pushing hard into the US. At an event on Tuesday, the company is announcing it has complete coverage of San Francisco, and is planning an Internet Of Things coverage for a total of 10 US cities by the first quarter of 2016: San Francisco, New York, Boston, Los…

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Huge U.K. TalkTalk telecom puts at risk 4 Million British Broadband Customers

October 23, 2015February 11, 2016 Staff Writer

British broadband provider TalkTalk has admitted that all of its 4 million customers’ names, addresses, dates of birth, email addresses, phone numbers and bank details may have stolen by hackers. The telecommunications company was attacked on Wednesday, and says all of its customers could have been affected by the breach. The police, who launched an investigation yesterday, have described the distributed denial of service (DDoS) attack as ‘significant and sustained’. TalkTalk, meanwhile, says its site is now secure again, and will contact each of its customers to explain the situation…

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25% internet users’ account hacked in 2015 says Kaspersky Lab Report

October 16, 2015February 11, 2016 Staff Writer

MUMBAI: If you are on the internet, chances are that your Gmail, Facebook or Twitter account was hacked in last few months. According to a latest research by Kaspersky Lab study one in four internet users had at least one of their online accounts hacked. In most cases unauthorised messages were sent out in the users’ name with a malicious link included and the loss or theft of personal data, the study said. According to another study by the lab just about 38% of the users create strong passwords and…

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Kaymu Survey shows that youth are driving e-commerce

September 17, 2015February 15, 2016 Staff Writer

People between 25 and 34 years shop the most from the local e-commerce sites, a recent study found. The 35-44 and 18-24 age brackets take up the second and third places, according to the study by Kaymu Bangladesh. “In Bangladesh, e-commerce is growing faster and we hope this market will find a strong position in world perspective also after USA, China and India,” said Quazi Zulquarnain, Kaymu Bangladesh’s deputy managing director. This segment of trade will grow faster once all parts of the country come under 3G coverage and the…

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Enter ABC.xyz: Google will now be part of Alphabet

August 11, 2015February 15, 2016 Staff Writer

Google announced a new holding company called Alphabet today, and it’s using the domain name ABC.xyz. This is a huge win for Daniel Negari’s .xyz, and new top level domains in general. Reports Domainamewire “For Sergey and me this is a very exciting new chapter in the life of Google — the birth of Alphabet,” Larry Page, the chief executive of Google, wrote in a blog post on Monday. “We liked the name Alphabet because it means a collection of letters that represent language, one of humanity’s most important innovations,…

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ICANN Hacked! Resets encrypted passwords after user profile database breach

August 6, 2015February 15, 2016 Staff Writer

The overseer of the Internet’s addressing system said Wednesday that someone obtained information related to user accounts for its public website, although no financial information was divulged. ICANN, short for the Internet Corporation for Assigned Names and Numbers, said user names, email addresses, encrypted passwords and other data, such as bios, interests and newsletter subscriptions, were contained in the accounts. Despite the breach, the accounts as well as internal ICANN systems do not appear to have been accessed, the organization said in a post on its website. Although an investigation…

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U.S. Senators introduce DHS Cybersecurity Bill to Protect ‘Dot-Gov’ Domain after breach

July 24, 2015February 15, 2016 Staff Writer

A bipartisan group of U.S. senators introduced legislation on Wednesday to give the Department of Homeland Security more authority to protect government Internet addresses in Cybersecurity bid. The goal is to prevent more cyberattacks like recent massive breaches at the government’s hiring office. Hacks targeting the Office of Personnel Management put the personal data of some 22 million Americans at risk and prompted the resignation of OPM chief Katherine Archuleta earlier this month. The cyberattacks prompted calls in Congress for huge improvements in monitoring and protection of government systems. Reports…

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