Lifeboat Foundation

A report published by the Internet Crime Complaint Centre, which is a partnership between the United States of America’s Federal Bureau of Investigation (FBI) and the National White Collar Crime Centre, in 2010, revealed that Nigeria ranks third among the list of top 10 sources of cybercrime in the world.

This translates to 8 per cent, behind the United States’ 65 per cent and United Kingdom’s 9.9 per cent.

The publication also ranks Nigeria as the first in the African region as the target and origin of malicious cyber activities.

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The new Einstein and female to boot.

A 22-year-old Ph.D. candidate wants to understand the way quantum gravity works. And Jeff Bezos wants to hire her.

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Doctors are using virtual reality to treat hospital patients.

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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” »

82% of Energy Industry (power grids, nuclear, solar, gas, etc.) say that a Cyber Attack Could Cause Physical Damage — and they didn’t highlight those on some sort of life support or machine to help patients, etc. to live.

According to the results of a recent Tripwire survey of more than 150 IT professionals in the energy, utilities, and oil and gas industries, 82 percent of respondents said a cyber attack on operational technology (OT) in their organization could cause physical damage.

The survey, conducted in November 2015 by Dimensional Research, also found that almost 60 percent of respondents said they aren’t able to track all the threats targeting their OT networks, either because they don’t have the visibility necessary to track all threats (16.2 percent), because they only track threats that directly target their department (8.1 percent) or because there are just too many threats (35.4 percent).

Continue reading “82 Percent of Energy Sector IT Pros Say a Cyber Attack Could Cause Physical Damage” »

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 remember seeing this two weeks ago about the Mattel’s View-master returns with VR capabilities. However, they keep adding more bells and whistles to it.

What’s unique, however, is the level of interactivity, plus there’s an augmented reality (AR) twist-when you lay out the compatible cards on a table and put the viewer on, related objects appear on top of them to let you know what kind of experience awaits. However, Mattel is now ready to tackle the market with a new product dubbed the View-Master Viewer DLX.

The View-Master Viewer DLX has a headphone connector and a focal adjustment to make the virtual reality experience more realistic and the visuals better. The latter feature is found on the Gear VR and will be useful for those who have less than flawless vision.

Continue reading “Mattel’s latest VR View-Master has focus controls and headphones” »

Interesting read mostly about the SV income divide. Bottom line, is that we need technology in many ways to save humanity. I know many are questioning that remark. However, since technology has been existence, many have gained through medical treatments, research, and accessibilities to connect with people like we never did in the past. The future of tech holds great promise as a tool to help researchers and medical teams to eliminate cancer, neurological diseases and disorders, enabling the blind to see and the paralyzed to walk. The good does outweigh the bad.

Editor’s note: Income equality — a hot-button political issue — is not going to improve; technology is about to make things much worse. It will, over the next decade, begin to disrupt almost every industry, wipe out millions of jobs, and make the rich even richer. Even though everyone will be able to live better and healthier lives and benefit from the technology advances, the widening gap will cause greater resentment and create a larger cauldron of dissent. This is something we need to be prepared for, writes former Triangle tech entrepreneur-turned-academic Vivek Wadhwa.

SAN FRANCISCO - There are very few issues that Donald Trump, Bernie Sanders, Ted Cruz, and Hillary Clinton all agree on. One of them is the growing problem of inequality in income and wealth. From the extreme left to the extreme right, everyone is angry about the one percent who have the majority of the wealth. There has always been an income and wealth gap, but the divide between average worker and the very wealthy has not been so great since the Roaring Twenties. This is fueling the rise of both the Tea Party and the socialists.

Continue reading “Vivek Wadhwa: Tech industry must lead smart, civil conversation on inequality” »