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Badly Configured Networks Main Cause of Network Breaches |
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News -
Security
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Written by Rich Wermske
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Misconfigured networks account for more than three quarters of breaches. A survey found that a badly configured network is the main cause of network breaches because IT professionals "don’t know what to look for." The survey, conducted by Tufin, also revealed that 18 percent of security experts believe misconfigured networks are the result of insufficient time or money for audits, while 14 percent felt that compliance audits that do not always capture security best practices are a factor. The CTO and co-founder of Tufin said: "The really big question coming out of the survey is how to manage the risk that organizations run dealing with the complexity that is part and parcel of any medium-to-large sized company’s security operations. |
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Buying Opportunity - Tech |
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News -
Business
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Written by Rich Wermske
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Chet Bozdog must be feeling pretty good. For the global head of technology banking at Bank of America Merrill Lynch, the past 18 months have been exciting, to put it mildly. "There is greater confidence among CEOs, companies have lots of cash, and there's financing readily available," he says in his Palo Alto, Calif., offices. "The next 12 to 24 months should be an active time for tech M&A." That's good news after a long, painful recovery from the disastrous final few months of 2008. Tech bankers like Bozdog, corporate dealmakers and private equity investors agree that the stage is set for a return to some sort of normalcy, whatever that means. Nothing that harkens back to the highs of 2007 is likely, but the hunt for growth, bulging cash coffers (the 10 largest tech companies have a collective $250 billion), a backlog of ready-to-sell companies in VC and private equity firms' portfolios and looming tax changes have engendered confidence that the rest of the year will be an active period for big-ticket M&A. |
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Iran - Prime Target of SCADA Worm |
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News -
Security
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Written by Rich Wermske
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Computers in Iran have been hardest hit by a dangerous computer worm that tries to steal information from industrial control systems. According to data compiled by Symantec, nearly 60 percent of all systems infected by the worm are located in Iran. Indonesia and India have also been hard-hit by the malicious software, known as Stuxnet. Looking at the dates on digital signatures generated by the worm, the malicious software may have been in circulation since as long ago as January, said a senior technical director with Symantec Security Response. |
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Just the Speadsheets, Please |
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News -
Business
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Written by Rich Wermske
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Managers in every state in the U.S. and around the world are evaluated on their results. Here's the key question: Which results move the needle on managers' raises, bonuses, and promotion opportunities? In most organizations, it's the "business" results that matter. I've put "business" in quotation marks because in the twisted, people-aren't-part-of-it view of the world, "business" results are financial results, whereas people results are a totally separate, much less important category. If people care about work, respect the boss, learn on the job, are recognized for their efforts, and trust one another, that's awesome, but it's awesome gravy. It's nice to have, but not essential, in the spreadsheet-first-people-last view of the world. |
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Kraken - GSM-cracking Software is Released |
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News -
Security
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Written by Rich Wermske
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This is a key step toward eavesdropping on mobile phone conversations over GSM (Global System for Mobile Communications) networks. On July 16, an open-source group released software that cracks the A5/1 encryption algorithm used by some GSM networks. Called Kraken, the software uses new, efficient encryption-cracking tables that allow it to break A5/1 encryption much faster than before. Since GSM networks are the backbone of 3G, they also provide attackers with an avenue into the new generation of handsets. |
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