A bipartisan group of senators has introduced a bill to bar agencies from using federal funding to purchase transit cars built by companies owned or subsidized by the Chinese government. The senators raised national security concerns with the purchases, with the potential for surveillance a key fear.
Power outages are a common culprit in unplanned data-center downtime, although network and information technology system failures have become the bigger problem, according to a study by the Uptime Institute.
More than half of reported breaches are caused by vendors and other third parties with inadequate security. Vendor risk management has become an integral part of risk management, not only for cybersecurity issues, but also for possible bankruptcies, reputational risk and process ownership.
The White House's proposed fiscal 2020 budget would allocate $17.4 billion -- 4.7% more than the 2019 budget allocated -- to cybersecurity, with the State Department and the Pentagon getting the biggest boosts. The White House pointed out that private-sector spending on cybersecurity was $124 billion last fiscal year, far outpacing federal government spending.
Facebook is reportedly developing its own blockchain cryptocurrency for payments that could produce billions of dollars in revenue and help eliminate fake news and bots. "Like many other companies Facebook is exploring ways to leverage the power of blockchain technology," Facebook said in response to inquiries.
Vonage unveiled CX Cloud Express, its first integrated Vonage Business Cloud and NewVoiceMedia platform. CX Cloud Express is a customer relationship management service to assist businesses in delivering improved customer, agent and employee experiences.
Dell EMC has rolled out its updated VxBlock storage and data systems and Ready Stack, a converged infrastructure product line. VxBlock is designed to deliver cloud operations more efficiently, while Ready Stack allows companies to select and configure specific components for storage tasks.
The US Supreme Court dismissed a 9th US Circuit Court of Appeals ruling that upheld a $8.5 million settlement Google made with users in a class action lawsuit. The lawsuit accused Google of violating privacy by sharing users' search queries with other websites.
Global aluminum manufacturer Norsk Hydro ASA is beginning to pick up the pieces after a ransomware attack forced the company to revert to manual operations when its system was locked. The company is expected to have many functions restored today, but the problems caused by the attack are far-reaching, as only a handful of firms in the aluminum industry are capable of the technical finesse Norsk Hydro provides.
In the wake of laying off 4,400 staff, business software company SAP has signaled that it will shift its focus from legacy software to cloud operations. SAP aims to produce $40 billion in revenue by 2023 as it competes with the likes of Oracle and Salesforce.com.
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