Addressing a variety of major cybersecurity breaches at US companies, a House-approved bill would allow companies to work more easily with the Department of Homeland Security to combat future threats. The bill will now move to the Senate for approval.
AIG has launched a computerized analysis system that gauges companies' security risks based on current threats, plus safeguards that are in place. AIG's system provides reports that show how a business could be affected by attacks and what costs could be incurred.
EBay last weekend experienced a privacy leak: Customer names, search dates and purchases were exposed on Google Shopping's site. Customer information was posted in product reviews, but once that was discovered, the reviews were disabled on the site.
Google plans to open an artificial intelligence research lab in Beijing and will allow the research team to collaborate with AI teams in cities such as London, New York and Zurich, despite the fact that Google's search engine is currently banned in China. The research center will be the first of its kind in Asia, and the company is hoping to tap into the talented tech employees in the country, notes Fei-Fei Li, chief scientist at Google Cloud.
Apple is expected to release the iMac Pro desktop computer Thursday, offering users a maximum of an 18-core Xeon processor, 128GB of memory and 4TB of storage. The desktop has been touted as the company's best device to use for editing 4K video and 3D graphics.
Nintendo has reported that in the first nine months of the release of its Switch hybrid console, the company has sold 10 million units across the world. The console can be connected to a television or undocked and used as a mobile gaming device.
New ransomware known as the "Spider Virus" was discovered Sunday by Netskope researchers. The campaign includes emails with Microsoft Office attachments that demand bitcoin payment within 96 hours, warning that if payment is not received within that time, files will be deleted permanently.
President Donald Trump has signed into law the Fiscal Year 2018 National Defense Authorization Act, which bans the use of Kaspersky products on federal computers and networks. Sen. Jeanne Shaheen, D-N.H., voiced her support for the measure and said she will would continue to fight for improved federal cybersecurity.
Corning will purchase 3M's communications market business, which includes optical fiber, for $900 million in cash with the hope of improving Corning's product offerings. Corning has already made a deal to provide fiber optic cable for Verizon and recently purchased small cell specialist SpiderCloud.
Apple will invest $390 million in Finisar to bolster chip production related to iPhone X features such as Animojis, Face ID and portrait-mode photos. Finisar said the investment will go toward the reopening of a production facility that will focus on vertical-cavity surface-emitting lasers.