Target will shell out $18.5 million to states to close investigations into its 2013 data breach. The company will also provide credit monitoring for those affected by the breach and will take steps to boost its cybersecurity, including designing a better security program, updating software and storing cardholder information in a separate area.
Cyberattacks have continued to grow in recent years, despite increasing amounts spent on cybersecurity, because businesses are putting more data online, are not being creative with passwords and have a lack of regulations governing security, Grant Elliott writes. However, companies need to categorize data by sensitivity and know which employees have access to what information and what level of protection business data requires.
Sony CEO Kazuo Hirai has cut costs, ended costly product lines, and focused on research and development in his five years at Sony's helm, and he expects that his efforts will pay off this year. Sony could report its highest annual operating profit in nearly two decades.
Nearly everything Alphabet has to offer is currently barred in China, but Google is trying to change that at a conference this week bringing together company experts and Chinese officials. The public event will feature a face-off between DeepMind's undefeated AlphaGo system and Ke Jie, champion of the 2,500-year-old Chinese strategy board game Go.
Major consumer electronics retailers saw an overall gain of 1.5% in revenue from the tech market in 2016, per the annual Top 100 CE Retailers Report from Twice. Best Buy remained the top consumer electronics retailer in the US, with Amazon taking second place, the report noted.
Cybersecurity experts at last week's Interop ITX conference talked about the changing security landscape and the biggest and newest threats to watch out for. Internet of things threats should be on everyone's radar, machine learning and artificial intelligence may be used in attacks as they become more popular, and nation-state attacks continue to evolve.
All health care organizations can be targets for cyberattacks, so it's important for organizations to remain vigilant to prevent being victimized. Anita Sathe offers six best practices for the industry, including training users, purchasing cyberinsurance, protecting connected biomedical devices and using the cloud to replicate and store data.
A new Amazon app for iOS and Android allows Echo Look owners to view live photo previews from the Look's camera. The apps are designed specifically for the $200 Look, which takes full-length photos and records brief videos of users with a depth-sensing camera using its own LED lighting and background blur.
The Environmental Protection Agency may update brightness control standards for 4K Ultra HDTVs by making automatic brightness controls a requirement for the devices. Comments on the measure will be accepted until Wednesday, at which point work will begin on the final draft of the measure.
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