Companies look beyond firewalls in cyber battle with hackers

Remains to be seen whether early stage technology will be good enough to outfox hackers

Reuters

TEL AVIV (Reuters) - With firewalls no longer seen as enough of a defense against security breaches, companies are looking at new tools to foil hackers trying to enter a computer network.

U.S. and Israeli startups are leading the way, with new approaches such as "honeytraps" that lure a hacker to fake data or "polymorphic" technology that constantly changes the structure of applications running on a computer.

Some of the technology is still in the early stages and it remains to be seen whether it will be good enough to outfox the hackers.

Verizon adds 1.5 million new monthly users; revenue beats estimates

Like its rivals, Verizon has switched two-year customer contracts to monthly plans

Reuters

(Reuters) - Verizon Communications Inc on Thursday reported higher-than-expected revenue for the fourth quarter as heavy promotions helped it counter aggressive offers and discounts from rivals and win new users.

Shares of the No. 1 U.S. wireless phone service provider, whose profit edged past analysts' estimates, rose 2.7 percent to $45.63 in morning trading.

U.S. and EU firms warn of 'enormous' consequences if data pact talks fail

Business groups warn that all data transfer mechanisms are in jeopardy as a result of recent EU ruling

Reuters

BRUSSELS/WASHINGTON (Reuters) - The two largest American and European trade groups have warned of "enormous" consequences for thousands of businesses and millions of users if Brussels and Washington fail to wrap up talks on a data transfer pact by the end of the month.

The United States and Washington accelerated negotiations on a new framework enabling firms to easily transfer personal data across the Atlantic after the previous one was struck down by a top EU court last year on concerns about U.S. snooping.

NSA says new phone spying program meets privacy safeguards

Some privacy advocates expressed skepticism at Friday’s report

Reuters

WASHINGTON (Reuters) - A new system for collecting domestic telephone records meets several privacy and civil liberties benchmarks, the U.S. National Security Agency said on Friday.

Slowing data center revenue growth dims Intel's profit beat

Quarterly profit overshadowed by slowing growth in its highly profitable data center business

Reuters

(Reuters) - Intel Corp's strong quarterly profit beat was overshadowed by concerns about slowing revenue growth in its highly profitable data center business, sending its shares down about 5.6 percent in after-market trading.

Chief Executive Brian Krzanich has looked to weather a slump in demand for chips used in personal computers by focusing on the business of supplying chips for high-end servers.

U.S. official sees more cyber attacks on industrial control systems

Increase in attacks linked to number of control systems directly connected to the Internet

Reuters

MIAMI (Reuters) - A U.S. government cyber security official warned that authorities have seen an increase in attacks that penetrate industrial control system networks over the past year, and said they are vulnerable because they are exposed to the Internet.

Industrial control systems are computers that control operations of industrial processes, from energy plants and steel mills to cookie factories and breweries.

Cisco tries to bolster cloud credentials with new monitoring tool

Company has been trying to beef up its offerings for increasingly Internet-based business culture

Reuters

SAN FRANCISCO (Reuters) - When Cisco introduces its latest product on Wednesday, a tool for monitoring how employees use third-party software, it aims to bolster its offerings in the “cloud,” meaning Internet-delivered services. It also has information technology specialists like Robert Florescu in mind.

The head of Information technology at New York City-area urgent-care provider CityMD, Florescu must deal with complicated regulations around the privacy of patient data, on top of network security.

Critical Upgrade: Preparing Networks for 5G and the Internet of Things

Recent advancements in radio transmission technologies have taken a big step in the right direction

As the Internet of Things ushers in a new era of connectivity, service providers have found themselves in a race to bolster their existing infrastructure in order to meet the growing demands of bandwidth-hungry end users and their connected devices. At the same time however, the mobile nature of IoT-enabled devices means that fiber, which has long been viewed as the foundation of modern high-capacity networks, is often no longer an option for introducing the necessary high bandwidth and lower latency to these networks.

Orange CEO says Bouygues merger would have to create value

The tie-up would reduce the number of mobile operators in France from four to three

Reuters

PARIS (Reuters) - Orange Chief Executive Stephane Richard said on Tuesday that a merger with rival French telecoms operator Bouygues would have to create value for the company and safeguard jobs in the sector.

Orange is in talks to buy Bouygues Telecom for about 10 billion euros ($10.9 bln) in cash and shares, in a deal which could see Bouygues receive a 15 percent stake in Orange valued at 8 billion euros, and the rest in cash.

Juniper Networks will drop code tied to National Security Agency

Maker of networking gear to ship new versions of security software in the first half of this year

Reuters

SAN FRANCISCO (Reuters) - Juniper Networks Inc said late on Friday it would stop using a piece of security code that analysts believe was developed by the National Security Agency in order to eavesdrop through technology products.

The Silicon Valley maker of networking gear said it would ship new versions of security software in the first half of this year to replace those that rely on numbers generated by Dual Elliptic Curve technology.

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