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Cyber Security

Symantec Hacking Scandal: Hype Prevails Over Science

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Symantec’s Norton Internet Security Software.

You can see their big-bucks commercials on your TV almost any night of the week. And find their full page ads in popular magazines everywhere. They’re all over the radio, Internet and trade show circuit. Making big claims, and even bigger promises.

No question about it. For years, Norton has spent millions on its marketing. Hyping the superiority of its Internet Security products loudly, lavishly and relentlessly.

All while failing to develop — it is now clear — the kind of cutting edge technology their ads claimed they had!

This is a cautionary tale about what happens when Hype prevails over Science.

On Tuesday, January 17, 2012, Symantec, the parent company of Norton, reluctantly announced that hackers had succeeded in stealing the software source code – or blueprint – for Norton Internet Security, Norton antivirus Corporate Edition, Norton GoBack, Norton Utilities and pcAnywhere.

This earthquake of an announcement bears repeating: The biggest name and world’s most aggressively promoted Internet Security products admitted that its own computers were infiltrated by the very hackers they’ve told us all their top-notch technology stops cold!

And when did this theft occur? In 2006. Six years ago!

By Tuesday afternoon, Reuters Science and Technology Editor Jim Finkle had reported that, “Companies typically heavily guard their source code, which is considered the crown jewel of most software makers. The reason for all the secrecy is that companies fear rivals could use the code to figure out the secret sauce behind their technology, and that hackers could use it to plan attacks.”

Let’s consider the ramifications.

FIRST: If you are one of the millions of PC users who bought into the superiority of the Norton brand, you now know that your computer has actually been a poacher’s paradise for hackers for up to six years!

SECOND: If it took six years for Symantec and Norton to discover this breach, that reflects very badly on the quality of their Internet Security products. Yet, if Symantec and Norton have known about the breach for months, a year, or all six years, it reflects very badly on the integrity of those companies, their product claims, and their products’ quality.

Either way, consumers have every right to be appalled!

But THIRD, and most important of all: If hackers know how to infiltrate computers that use Norton Internet Security software, they will CONTINUE to know how to reign down havoc on your PC, your identity, your credit cards, your bank accounts and your life. UNTIL Norton announces the technological advances necessary to save their customers from on-going devastation!

We’re waiting.

In fact, we’ll do better than that. Give us a call Norton, and we’ll be glad to help!

Comodo. Science Not Hype.

– Glenn Scheuer

TEST YOUR EMAIL SECURITY GET YOUR INSTANT SECURITY SCORECARD FOR FREE Source: https://blog.comodo.com/it-security/what-happens-when-hype-prevails-over-science-the-norton-scandal/

Cyber Security

Technological Innovations at the Tokyo Olympics

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Olympics

The Olympics are held in what could be considered a microcosm of the world. The village is a city within a city, and it offers a glimpse of what the world can expect in future years. The upcoming Tokyo Olympics stand to be the most technologically advanced to date, and there will undoubtedly be new technologies on full display. Take a look at some of the following technological innovations that are expected at the Tokyo Olympics.

Table of Contents

Autonomous Vehicles

One exciting technology is the use of autonomous vehicles. They expect as many as 100 autonomous vehicles or self driving cars from companies such as Nissan and Toyota to drive spectators from Haneda Airport, Olympic Village and other routes around the Olympics. In addition, in downtown Tokyo, Toyota will have an additional fleet that includes SAE Level-4 automated vehicles.

Robots

They plan to use Human Support Robots to help people find their seats and bring them items. Delivery Support Robots can deliver food items, and Field Support Robots can deliver and retrieve items from the fields while sports are being played. Toyota plans to have T-HR3 Humanoid robots that will help people who are in remote locations control a robot and interact with events. They will also be able to project images so that the remote spectators feel like they are a part of the game they are watching.

Artificial Meteor Shower

A company called Astro Live Experiences specializes in space entertainment, and they plan to create an artificial meteor shower during the opening ceremonies. On December 6, 2019, they launched ALE-2 into space, and this micro-satellite is expected to drop chemical pallets into space, which will create a meteor show while they are burning in space.

Virtual Reality

At the Olympics, Intel will have True VR at several events. It will be present in the opening ceremonies, the closing ceremonies, and even events such as beach volleyball, gymnastics, and boxing.

Facial Recognition

Neoface is a facial recognition software that will be launched by NEC Corp. They will be using it to identify as many as 300,000 people at the Olympics. This will benefit the athletes by allowing them to enter more quickly, and it will be available to media, volunteers, and staff members as well.

3DAT or 3D Athlete Tracking

This technology will help to connect fans and athletes with the use of normal cameras. In addition, cameras will be able to analyze the biometrics of athletes, which helps fans understand the sports and can help athletes with their training.

What Risks Come with This New Technology?

New technology always has pros and cons. New tech was used at the 2018 Winter Olympics, with the Olympic Destroyer attack that was launched during the opening ceremonies. In 2018, malware disrupted spectators, the broadcast of the opening ceremonies, the Wi-Fi in the stadium, and it created problems between feuding nations.

When a problem or a failure with new technology occurs, there can be major complications. The attack in 2018 in PyeongChang Olympic Stadium was 100 miles from a major city (Seoul). If it had occurred in a large or major city, it would have had a larger impact. Moving forward, new advancements and technology can lead to much larger problems in the future. It is important to safeguard this technology and prevent malware attacks and malfunctions.

Technological Advances

It is exciting to see the technological advances as they appear. Technology can enhance the Olympic experience for the spectators, the athletes, and the staff at the Olympics. These advancements can simplify many aspects of the logistics and help to improve the experience for everyone involved. Technology is exciting, but it is important to make sure that it is safe and that it doesn’t create more problems than it solves.

Final Words

The Tokyo and Euro 2021 Olympics will be the most watched events next year, both by sports lovers and bettors, who will be able to bet on favorites at Unibet – one of the most popular NJ Sports Betting operators. Not only will people tune in to enjoy the competitions, but they will surely enjoy the opening and closing ceremonies, including the artificial meteor shower. The virtual reality technology will allow fans to interact in ways that are new and unique, including advanced biometric analyses of athlete data. People all over the world will be watching and enjoying the Games when they occur in 2021.

Source: https://cybersguards.com/technological-innovations-at-the-tokyo-olympics/

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Big Data

Accendo Banco chooses global fintech infrastructure platform Nium to provide international money transfer capability

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Accendo Banco chooses global fintech infrastructure platform Nium to provide international money transfer capability

Accendo Banco (“Accendo”), Mexico’s leading ‘digital-first’ challenger bank focused on providing innovative digital banking solutions, today announced that it has expanded its capabilities in international payments and remittances, through partnership with Global fintech infrastructure platform Nium.

The partnership further expands Accendo’s overseas money transfer capabilities, allowing its customers to send money to more markets overseas and in real-time[2].  The move supports Nium’s continued plans to utilise fintech tools to improve business efficiency and customer experience in LatAm, and follows several partnership announcements by Nium in Brazil, Costa Rica and El Salvador.

Accendo’s customers will be able to send, through an app, funds overseas to major corridors in Europe and Asia easily, and at a lower FX rate than other banks.  “International transactions services from Mexico were slow and expensive.  The partnership with Nium, together with our unique digital platform, makes us the first bank in Mexico to offer this type of operations to users easily and in real time,” said Javier Reyes de la Campa, CEO and President of the Board of Accendo Banco.

“This partnership also reinforces our positioning as the leading digital-first challenger bank in Mexico, where we are the first bank to offer BaaS (Banking-as-a-service) through our cloud-based open-banking platform to allow Fintechs to offer financial services to all the population, and especially the unbanked”, Javier concluded.

“We are thrilled to be the trusted provider for international money transfer services for Accendo Banco and its customers. In today’s competitive payments environment, cutting-edge technology improves customer experience and sets providers apart,” said Rohit Bammi, Global Head of Institutional Business, Nium.

 “Nium’s mission is to create a global fintech infrastructure that can enable banks, financial institutions and other fintech companies to launch and scale innovative digital financial services without the complexity, time and cost previously required to do so.  This partnership with Accendo Banco is a testament to that effort,” Rohit continued.

Source: https://www.fintechnews.org/accendo-banco-chooses-global-fintech-infrastructure-platform-nium-to-provide-international-money-transfer-capability/

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Cyber Security

Different ways tech plays a key role in securing igaming platforms

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Cache-Poisoned DoS

The tremendous growth witnessed by the gaming and online casino industry is well evident in the revenue figures reported by them in the world’s prominent economies. United States, United Kingdom and some other European countries are leading the pack today.

There’s no denying the fact that it’s the technological innovations which have led to this sudden explosion of the iGaming sector over the past few years. Today, gamers can indulge in the best of online casino games from anywhere they like, at any time of the day/night. There are top rated platforms like JackpotCity online casino and others which are making things possible and are successfully ushering in the next era of online gambling.

Other than further increasing the popularity of casino games like slots roulette etc., new-age technologies have also improved the quality and safety of the gaming experience, offering players highly secure environments wherein they can share their bank details and other crucial information in a worry-free manner. Let’s tell you about 3 such ways in which tech is playing a key role in securing online gambling platforms today.

SSL Encryption

SSL is the acronym for Secure Sockets Layer, a technology used by online casinos for protecting confidential user data against phishing attempts. Players share a lot of sensitive information, such as their credit card details, addresses, phone numbers, bank details etc., while registering at these online casinos. It’s the SSL encryption technology which keeps all this information safe.

These online casinos are also required to employ such high security protocols as per law, in order to legally continue their operations. However, some operators opt for TLS (Transport Layer Security) instead of SSL encryption, something that’s not as good as the latter, but is nevertheless better than an unencrypted network.

With SSL, the player data is locked in the form of different pieces of codes which can’t be broken into easily. Hence, the information stays 100% safe whenever it’s passed on to/from the servers over the Internet. Here’s more on why an SSL certificate is important for any business website today.

Financial security

All modern-day online casinos accept digital payments through debit cards, credit cards, wire transfers, e-wallets and even cryptocurrencies nowadays. Regardless of the payment method used, the servers make sure that the pertinent details stay secure from any type of unauthorised access.

Strictest security and verification protocols are employed by the financial institutions to prevent any fraud. Authentication emails and one-time passwords are good examples of few such measures. On the other hand, cryptocurrencies provide truly anonymous and safe transactions.

RNGs

Random Number Generators are basically computer programs that make sure that the outcome of a casino game is completely fair, transparent and random for every player. These have the seed number algorithm at their core, which is basically a predefined mathematical formula for calculation of results based on odds. Several online casinos get their RNGs authenticated by third-party services, proving the transparency and fairness of their games.

Regardless of the measures taken by the casino platform, the onus is on the gamer to sign up with only platforms that can be trusted in every aspect.

Source: https://cybersguards.com/different-ways-tech-plays-a-key-role-in-securing-igaming-platforms/

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How cloud computing can empower e-commerce

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How cloud computing can empower e-commerce

Instead of keeping your data in one single machine, cloud hosting, in particular, involves storing your data in several different devices whereby each machine has different server and are in different locations, but all are connected and work as one.

In this article, I will be giving an overview of the benefits of cloud hosting. The data can be accessed and managed in all the servers across the cloud using virtual machines.

The hosting server isn’t a single physical device but only occurs in a virtual environment made up of a server cluster, therefore the name cloud.

Besides the fact that cloud hosting makes use of the computing power of any amount of machines means that you not only have the vast potential compared to traditional hosting but also it permits you to access other services that are provided by other devices.

E-commerce hosting, on the other hand, is simply a service that allows you to host a website with a pre-installed online store platform to ease the creation of your very own online store.

Consequently, an e-commerce website tends to be different from other websites. The site needs some additional functionalities and features to develop a maintainable set-up for making sales.

The additional features involve adding a shopping cart, payment processing services, database support, and security initiative. E-commerce hosting is simply cloud hosting that can support all requirements, like paying processing service and other specialized.

Cloud e-commerce solutions

Cloud e-commerce means the process where the centralized remote computer is hosted on the internet fully utilizes the exertion service and storing information process.

It gives a range of advantages over the traditional method of on-premise storage.

The best cloud solution should offer fast, more reliable, and dedicated solutions and services for both ease of use and power. You should opt for no less than 99.9% server uptime.

Another reason why I would recommend this service provider is that they allow for growth. You can start small and advance with them as you grow your business, which is also a great advantage for small scale businesses.

Within the last decade, the cloud has gained popularity because it’s cheap to maintain and reduced complexity. To this day, the cloud has become an optimal solution model on the arcade.

Scalability and demand

A workload forms in the e-commerce hosting because of the traffic variabilities with its seasonal spikes. The hardware that is required should be able to handle the seasonal traffic peaks (Black Friday, Holiday Sales, etc.)

Business growth is the other side of scalability. It includes increasing the popularity of your store by integrating new services and further store evolution that enhances the business’s growth.

The e-commerce solution should be a flexible platform and a scalable environment that offers quick responses to business encounters and prospects.

When using cloud hosting there is no need to buy extra equipment and hiring new staff for maintenance services. With cloud hosting, your business can acquire all the required ceremonies and resources on demand.

Reliable protection

The advantage of pro protection is that it saves your time on assessing your risks and data defense, and this gives you ample time to focus on your business. Hosting your business on the cloud, the cloud vendors are the ones who take all the risks.

As a business owner, you don’t have to be troubled by your network security and protection, personal and customer files safety, or data encryption. The cloud hosting providers usually finish third-party certification, and security is their priority.

Apart from accessing your website with regular backup, you should ensure that your e-commerce store is readily available, and there is no data loss in case there is an emergency.

Cost-effective

The cloud is a perfect suit for e-commerce because you only pay for the resource when you only need them.

With cloud solutions, a company can reduce its overall expenditure by up to 70% on building static environments, scaled for traffic peaks. For instance, the hardware used for several days in a year for the cloud you pay when you use a resource.

Accessible from any place

If your business operates internationally, then a cloud solution provides a vivid advantage taking into account the speed required to control and e-commerce application.

With cloud e-commerce, you have an isolated network of servers that quickly respond to your desired demands to take content fast without considering the customer’s location.

Infrastructure as a service (IaaS)

It is a type of cloud service that mainly focuses on issuing virtual servers and on-demand data storage on disk. Customers can purchase the remote datacenter infrastructure service, which is better than buying their hardware.

Benefits of cloud computing for e-commerce

There are several fabulous benefits you get to enjoy using cloud hosting which includes:

Stability

Traffic spikes happen when you have a product launch or a discount day on your e-commerce site. Still, online businesses get to enjoy a healthy balance by cloud hosting. It prepares for the congestion spikes by hosting the set-up in high-tech cores for the concord of awareness.

Speed

If your business uses cloud platforms, you could be enjoying one of the advantages of speed that no on-site infrastructure could provide. A well reliable e-commerce site would insinuate and rising curve in your selling graph.

Savings

For those who want to build an online presence and reputation, cloud hosting provides a considerable saving for a business basing on the fact that you only have to pay for what you pay. The profits in conservation can go into expanding other parts of the company.

Security

Trust is very fundamental in the e-commerce world. The customers trust that the product you have described is correct, and it is the same that will be delivered. They also provide confidential payment details. The customers believe that their credentials are secure.

With cloud computing, you get PCI-DSS certified hosting. Besides, cloud computing can assure superior security measures that protect the DDoS attack, leading to customers losing confidence if the website is reliable.

Conclusion

Cloud hosting is a powerful solution that is especially useful for e-commerce and online store maintenance. You get power, stability, and improved security – which is all essential for improving conversions. I hope this article helps you make an informed choice for your business. Good luck.

Source: https://www.fintechnews.org/how-cloud-computing-can-empower-e-commerce/

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