Why F-Secure’s Mikko Hypponen boycotted RSA 2014
March 6, 2014
By Byron Acohido, Last Watchdog
LW caught up with F-Secure CTO and rock-star researcher Mikko Hypponen for a cup of coffee just after Hypponen gave his keynote address at the upstart TrustyCon counter-conference a few blocks from San Francisco’s Moscone Convention Center last week.
Hypponen’s headlining appearance at the one-day, sold-out TrustyCon event closed the circle on his boycott of the RSA Conference in protest of RSA reportedly taking $10 million from the NSA to essentially give government snoops the keys for encryption technology that the company was selling for commercial use.
Hypponen said he contacted Reuters projects reporter Joe Menn, who broke the story last December, and Menn persuaded him that his sources were reliable and the information rock solid. Hypponen says he then wrote a letter to the event organizers respectfully declining to honor his contract to appear on stage at RSA.
Why we are ‘in the dark’ as RSA 2014 gets under way
February 25, 2014
By Byron V. Acohido
SAN FRANCISCO — Complexity.
That’s the theme saturating the keynote speeches, workshops, panel discussions and product exhibits at the gaint RSA cybersecurity conference unfolding all week here at the Moscone Convention Center.
Tech security vendors flock to this massive conference to drive home why enterprises and SMBs were wise to spend north of $64 billion on cyber security protections in 2013, a spend rate expected to rise 8.7% annually through 2017. That estimate comes from Gartner analyst Lawrence Pingree.
The IT buyers come to Moscone Center prepared to swim through an ocean of tech jargon and marketing hype. They must assess risk, triangulate exposure and — crucially — decide how much to invest in cutting-edge cybersecurity technolgies that can detect and repel intruders.
As a backdrop, hacking for criminal profit, nation-state spying and the making of ideological points, aka hacktivism, continues to steadily escalate. By one estimate, cyber crime is a $500 billion global industry.
Why Olympics visitors should go on a digital fast
February 9, 2014
By Byron Acohido, Last Watchdog
PUNTA CANA, Dominican Republic – Last Watchdog is en route to this warm Caribbean locale, having left a Seattle blizzard. I will be reporting from the Kaspersky Security Analyst Summit through Thursday. Meanwhile, officials at US-CERT have issued a warning for those attending the Winter Olympics in Sochi.
Visitors and stay-at-home fans, alike, should be wary of the usual scams and …More
Cybercrime’s bottom line: $500 billion
November 8, 2013
(Editor’s note: In this guest essay, Deloitte consultants Eric Openshaw and Irfan Saif assemble the best available estimates for the economic clout of the cybercrime industry.)
No one knows the true cost of cybercrime. Annual loss estimates for U.S. corporations range from $70-140 billion in a recent report from the Center for Strategic and International Studies (CSIS) to $400 billion quoted by U.S. House …More
Security-minded investors scoop up Barracuda’s IPO
November 6, 2013
SEATTLE – Firewall and data storage company Barracuda Networks made its public debut this morning on the New York Stock Exchange, raising $74 million, at an opening price of $18 per share.
Investors immediately pushed the stock — trading under the ticker symbol CUDA — to more than $23 per share, though the price settled to $21.55 as the market closed.
The 10-year-old company’s IPO follows network security company FireEye’s sizzling IPO in late September. It’s the latest affirmation of Wall …More
Eric Schmidt declares Android more secure than iOS
October 8, 2013
Google’s executive chairman Eric Schmidt on Monday drew a bit of derisive laughter from a tech-savvy audience when he pronounced the Android platform more secure than Apple iOS at the Gartner Symposium/ITxpo in Orlando, Fla.
Schmidt sought to disabuse the notion — widely espoused by some in the tech security community — that Google Android is not secure at a time when it has come under …More
How the Adobe hack could fuel next wave of cyberattacks
October 4, 2013
SEATTLE – Adobe has taken several steps to calm concerns among its corporate users about the loss of customer account data and critical source code to hackers.
The company has begun advising enterprise customers that Adobe product users will be required to change their account password at their next login attempt.
The breach does not affect users of Adobe Creative Cloud or Digital Publishing Suite — …Morekeep looking »