Wealth and influence in the technology business have always been about gaining the upper hand in software or the machines that software ran on. As government regulators dig into this new era of data competition, they may find that standard antitrust arguments are not so easy to make. Using more and more data to improve a service for users and more accurately target ads for merchants is a clear benefit, for example. And higher prices for consumers are not present with free internet services. According to the New York Times,…
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Evolution of enterprise mobility will continue in 2017
With businesses more commonly embracing mobile-centric strategies throughout 2016, it’s easy to view the past year as a tipping point where companies became serious about mobility. However this doesn’t mean that innovation in enterprise mobility is going to slow down, and 2017 should see the industry accelerate faster than ever. In fact the move toward a mobile only workplace may be happening quicker than many businesses realize, with the recently released Gartner Predicts 2017 Mobile Apps and Their Development forecasting that that by 2022, 70 percent of all software interactions…
Read MoreHackers Breach Top Wall Street Law Firms, Including Cravath Swaine & Moore LLP, Weil Gotshal & Manges LLP
Reuters: Hackers broke into the computer networks of some big U.S. law firms, including Cravath Swaine & Moore LLP and Weil Gotshal & Manges LLP, the Wall Street Journal reported on Tuesday. Federal investigators are looking to see if confidential information was stolen for insider trading, as these law firms represented Wall Street banks and big companies, the Journal said, citing people familiar with the matter. Other law firms were also targeted, but the probe has not amounted to any clear information on what details have been stolen, the newspaper…
Read MoreTime Warner Cable loses 320,000 customer passwords via phishing attacks
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.”…
Read MoreLightning strikes, major power outage wipes out data in Google ‘s European Computer Engine datacentre
Google has told Cloud Engine customers to build in redundancy to their cloud apps after a major power outage hit its European datacentre. Google said the outage at its European Google Compute Engine (GCE) datacentre was caused by four consecutive lightning strikes that hit the grid powering it last Thursday. While the company has taken full responsibility for the outage, it has also told customers who suffered downtime they shouldn’t be relying on a single compute zone. The incident also caused the permanent loss of some data from ‘persistent disks’…
Read MoreObama Wants Firms to Notify of Data Breach Within 30 Days
The Proposal Complemented a Series of Data Privacy Related Rules Suggested by the White House Today. President Barack Obama wants companies to notify consumers within 30-days of a personal data breach. Despite a slew of pressing issues facing the administration and a potentially unsympathetic Republican-led congress, the White House today unveiled a handful of legislative proposals aimed at safeguarding consumer privacy, continuing along a path established by its privacy and big data report published in May. The administration’s Personal Data Notification and Protection Act is being pitched in part as…
Read MoreNew Multistakeholder Initiative: “My Data Belongs To Me”
A new initiative by the World Summit Award (WSA) initiative seeks to use its global multistakeholder network to push forward personal data ownership and big data issues at UN discussions. At an open discussion, the WSA invited participants to share views on issues with the current system of data use, the need for permission-based access, and steps for further action. The workshop on “Data citizen rights, my data belongs to me” was organised by the WSA on 9 June, parallel to the United Nations World Summit of the Information Society…
Read MoreBusinesses’ biggest barrier to implementing their big data strategy is identifying what data to collect
KPMG Report: Going beyond the data: achieving insights from data and analytics Long before the term big data first appeared in 1997, organizations were already struggling to make sense of all of the information piling up in their databases and warehouses. But over the past five years, the focus on big data has started to shift: today the issue is no longer about owning the most data but rather about how to gain the most insight from that data and – in turn – how to convert those insights into…
Read MoreBig data pitches the EU against US government and corporates
The benefits of big data are being squashed under a steamroller of short-term corporate interests and the privacy abuses of security infrastructure, argues Joe McNamee. Joe McNamee, is the executive director of European Digital Rights (EDRi), an NGO that campaigns for civil rights in the digital environment. “What legal framework should be implemented when companies and governments increasingly know more about individuals than they know about themselves? This is the stark – and vastly underestimated – question that is facing European policy-makers in the reform of the data protection framework.…
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