ComputerWorld

ComputerWorldIndependent

Nice to know our financial world is in safe hands

Credit to Author: Sharky| Date: Mon, 23 Jul 2018 03:00:00 -0700

This company is the target of a spear-phishing attack, but it doesn’t actually get very far, according to an IT pilot fish working there.

“It was the typical ‘CEO is out of the office and needs a wire transfer done right away’ message,” fish says.

“Our people are pretty good at spotting phishing attempts, and our administrative assistant was immediately suspicious because we do wire transfers approximately never. She strung the guy along over multiple emails and got all the transfer information — amount, routing number, account number and so on.

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ComputerWorldIndependent

Fake products? Only AI can save us now.

Credit to Author: Mike Elgan| Date: Sat, 21 Jul 2018 03:00:00 -0700

Half a trillion dollars.

That’s the rough amount of money that counterfeiters displaced last year by selling phony products. Some 2.5% of all trade is for fake goods.

The United States is hit hardest by the scourge of counterfeit products — U.S. brands accounted in 2013 for 20% of the world’s infringed intellectual property.

When most people think about counterfeiting, they think of knock-off Louis Vuitton handbags sold on the sidewalk. But fake products also include business and enterprise products, as well as everyday consumer goods.

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ComputerWorldIndependent

Microsoft dives down a bizarre non-cumulative rabbit hole with July patches

Credit to Author: Woody Leonhard| Date: Fri, 20 Jul 2018 09:02:00 -0700

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ComputerWorldIndependent

It was a JOKE, OK?

Credit to Author: Sharky| Date: Fri, 20 Jul 2018 03:00:00 -0700

Pilot fish’s workplace is upgrading to use smart cards, but he’s not thinking about that when he sees a pop-up about an update — one that strikes fish as a little, um, fishy.

“I thought, if something like that was to occur and need user intervention, IT would have sent a notice out about it,” says fish.

“So a screen shot and email went off to IT security. They responded much faster than I expected, and in person: There was something wrong and they needed my laptop hard drives ASAP.”

Fish turns over his machine, and the next day he receives replacement hard drives. But it turns out his backup wasn’t configured for all the folders and file types he stores data in — and now he’s missing about a terabyte of data.

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ComputerWorldIndependent

Is mobile sensor-based authentication ready for the enterprise? Some big players think it might be.

Credit to Author: Evan Schuman| Date: Thu, 19 Jul 2018 11:18:00 -0700

An Arizona security company is working on an interesting approach to mobile authentication, one that leverages the exact angle a user holds the phone as a means of making replay attacks a lot more difficult. Aetna has been testing the method internally (according to the security company’s CEO) and the company — Trusona — has announced about $18 million in funding, from Microsoft Ventures ($10 million) and Kleiner, Perkins, Caufield and Byers ($8 million).

The Microsoft Ventures funding is interesting because one of the more popular mobile authentication methods today is Microsoft’s Authenticator app. Is Redmond covering its bases, or does it see the Trusona effort as threatening to displace Authenticator, at least in the enterprise IT world?

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ComputerWorldIndependent

Mingis on Tech: The blockchain evolution moves from services…to smartphones?

Credit to Author: Ken Mingis| Date: Wed, 18 Jul 2018 11:30:00 -0700

If 2017 was the year many tech firms suddenly looked around and realized they needed to be part of the blockchain craze, this is the year companies in a variety of industries have begun actively experimenting with the distributed ledger technology.

Helping to make that possible – especially for firms with no experience in building out blockchain systems themselves – are IT vendors like IBM, Microsoft, HPE and Amazon Web Services. They now offer blockchain-as-a-service.

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