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

January 7, 2016February 11, 2016 Staff Writer

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.”…

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

December 4, 2015February 11, 2016 Staff Writer

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…

Guarding your online brand against cybersquatters

November 13, 2015February 11, 2016 Staff Writer

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…

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…

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…

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…

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…

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…