A new ransomware attack, which some are calling "NotPetya," has targeted thousands of PCs globally, including in banks, airports, government agencies and other businesses in the UK, Ukraine and Spain, and has caused many entities to shut down. The attack highlights the importance of good cybersecurity protection, the need to patch vulnerabilities and the shared responsibility to protect businesses, agencies and consumers.
The value of the international app market is expected to reach $6.3 trillion by 2021, an App Annie report states -- a 380% rise over last year. Mobile shopping is one of the largest drivers of app adoption, the report states.
Comcast and Charter are considering a possible agreement with Sprint to resell the wireless carrier's services. This mobile virtual-network operator arrangement is controversial, as it could limit competition, while from a retailer perspective, it could also cause the companies to lose their own customers in favor of these third-party services.
Facebook now has 2 billion users globally, up from a few hundred students in 2004 and its university origins at Harvard. The growth is attributed to a team of experts and a groundbreaking data- and product-driven strategy, one that may now begin yielding fewer easy gains with two-thirds of the world's internet population already signed on.
Former IBM Chairman and CEO Sam Palmisano and Illumio's Nathaniel Gleicher discussed recent trends and strategies for cybersecurity on the McKinsey Podcast. Palmisano talked about the benefits of private-public collaborations to provide governments with much-needed cybersecurity skills, while Gleicher highlighted the importance of quantification and segmentation.
Allegations that the federal government hacked Georgia's voting systems are unfounded, Department of Homeland Security Inspector General John Roth wrote in a letter. "[T]he evidence demonstrated normal and appropriate use of Georgia's public website," the letter states.
More than 600 companies have joined the Z-Wave Alliance, a group of companies attempting to make internet of things devices compatible across platforms. Globally, more than 70 million Z-Wave devices are in use, the alliance reported.
BlackBerry CEO John Chen plans to hire more sales specialists to keep up with the company's revamped software focus and jump-start the revenue growth process. Chen last week told analysts he'll hire more salespeople for QNX, BlackBerry's industrial software-maker, and for its internet of things business.
The Snapdragon 1200 computer chip is the first chip that uses a lower bandwidth portion of the network to preserve energy. The chip will be ideal for supporting child and elderly tracking devices due to the extended battery life and flexibility.
Comcast this week is opening mobile kiosks at six Xfinity retail stores in the Chicago area. The kiosks feature Apple iPhone and Samsung Galaxy smartphones available for use on Comcast's hybrid network, with plans available for Xfinity internet subscribers.
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