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December 7, 2012
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The Game Changer 
  • Experts go on offense in fight against cybercrime
    Tired of a cybersecurity strategy that relies only on defensive posturing, a small but growing band of experts is pioneering a new approach that takes on hackers where they live by using their own tactics against them. At the forefront of the movement, CrowdStrike -- a private "cyber intelligence agency" that employs former FBI agents -- uses bait to identify hackers and build detailed dossiers on them. "The traditional way of trying to defend your network is just not going to cut it. You have to do something different," said Irving Lachow of the Center for a New American Security. (12/6) LinkedInFacebookTwitterGoogle+Email this Story
Emerging Tools 
  • HP rolls out its public-cloud service
    Hewlett-Packard is touting its OpenStack-based public cloud and related services, offering greater hypervisor support and a platform-as-a-service option. "It has been clear as HP has engaged with enterprise customers that one thing they want is to be able to develop and deploy apps in the cloud," HP's Dan Baignet says. The Register (U.K.) (12/5), Network World (12/5) LinkedInFacebookTwitterGoogle+Email this Story
Security Update 
  • Ransomware emerging as latest cyberscourge
    Cybercriminals are raking in as much as $5 million annually by taking over victims' computers and making them pay to regain access, according to security experts. So-called ransomware begins with the delivery of a virus that locks down a user's PC, followed by a message demanding payment from people representing themselves as law enforcement officials or members of hacker groups. Experts say victim computers are rarely unlocked once the ransom is paid and that removing the virus often means sacrificing files and data. The New York Times (tiered subscription model) (12/5) LinkedInFacebookTwitterGoogle+Email this Story
Tech Business 
  • Tech sector steadies for fallout from sequestration
    If Congress fails to reach a deal on tax and spending issues by the end of the year, it will take the information technology sector with it, according to industry representatives who say sweeping cuts known as "sequestration" that automatically kick in will take an ax to government IT spending and have a ripple effect throughout the industry. "If you have a company that's solely involved in government contracting and therefore their business is cut off, they're going to try to branch out into other forms of business, at least in the near term, which will squeeze out other companies," said Lamar Whitman, director of public advocacy for the group CompTIA. Network World (12/6) LinkedInFacebookTwitterGoogle+Email this Story
Managing IT 
  • IT leaders more focused efficiency than growth
    Investments in cloud computing and data analytics are paying off for enterprises in the form of increased efficiency, but despite changing attitudes, IT departments are not yet having a significant impact on business growth, analysts say. According to a poll of business and IT leaders in four countries sponsored by Juniper Research, 20% of enterprises are not fully prepared to leverage advances in IT into new business opportunities, while more than half say they are working toward that goal. eWeek (12/6) LinkedInFacebookTwitterGoogle+Email this Story
  • Innovation lessons from a coral reef
    Just as coral reefs provide shelter, food and a gathering place for marine life, innovators need ecosystems in which they can come together, be nurtured and thrive, writes Art Markman. That can come from external incubators or from a well-structured internal innovation program. "[C]onsider creating your own innovation reef, where creative problem-solving experts develop a network of individuals skilled in bringing new ideas to market," Markman suggests. Harvard Business Review online/HBR Blog Network (12/4) LinkedInFacebookTwitterGoogle+Email this Story
Geeking Out 
  • Former NASA execs launch lunar tourism company
    For $1.4 billion, you and a friend may one day be able to set foot on the moon, thanks to a startup company that plans to sponsor commercial lunar trips for space tourists of means. Golden Spike, founded by former NASA executives, is running tests on potential landing strategies, spacesuits and travel packages, but there is no word when it will begin launching flights. "We're not just about America going back to the moon; we're about American industry and American entrepreneurial spirit leading the rest of the world to an exciting era of human lunar exploration," said the company's CEO, who used to head science missions for NASA. TG Daily (12/7) LinkedInFacebookTwitterGoogle+Email this Story

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This is the new Nigerian e-mail scam. We’ll be talking about this for the next two years."
--Kevin Haley, director of security response at Symantec, discussing the rise of ransomware, as quoted by The New York Times
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