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100TB Tech News: June 5, 2017

Published Jun 05, 2017 by 100TB Team

This week’s tech news has revealed another wave of innovation across the technological landscape as pioneers Qualcomm revealed they will be releasing a New Mesh Networking Platform.

The New Mesh networking platform will aim to increase connectivity for smart devices, enabling original equipment manufacturers to create more elaborate home devices. Mesh aims to boosts the connectivity of smart devices to networks around the world. It also facilitates the use of voice assistance to expand the functions of the modern home network.

For details on this and other news, see below.

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Unified Front Against Cybercrime

In line with this trend of collaboration, IBM and Cisco have collaborated on cybersecurity. This coalition will unify efforts to counter vicious malware activities like the international WannaCry attack. It will be interesting to see whether this show of solidarity penetrates the wider market. Will other companies collaborate to combat the threat of malware? A unified effort may help curb the rise of cybercrime.

 

GDPR Woes

On a more surprising note, industry research has revealed that European businesses are hopelessly unprepared for the incoming Global Data Protection Regulations (GDPR) being introduced in May 2018. Numerous polls have revealed that a considerable number of businesses are either unaware they will be fined for non-compliance or are aware and haven’t prepared anyway! As data security has risen to the forefront of the public imagination since the WannaCry attack, it’s rather surprising that businesses have been so reluctant to introduce data protection policies.


Qualcomm – Expands infrastructure of the Internet of Things

On Monday of this week, Qualcomm unveiled its unique Mesh Networking Platform, aiming to increase connectivity for consumers around the world. Qualcomm hopes to do this by allowing original equipment manufacturers to connect devices to networks much more efficiently. The platform will boost smart home devices. They will have a much higher standard of service with reduced latency. Features like voice control, centralized management and onboard security will ensure that networks are primed for the next step in connective technology. Not content to rest on their laurels as contributors to the 3G and 4G revolutions, Qualcomm is seeking to push the boundaries of connectivity further.

Speaking on the new platform, Gop Sirneni vice president of product management an Qualcomm technologies stated that “new capabilities like voice assistance and IoT integration will not only transform consumer experiences at home. Alongside carrier-grade feature enhancements, it will be easier for our customers to adopt and deploy mesh systems aligned to how people want their networks to perform”.

The move marks the beginning of a push to increase our connectivity within the home. As new possibilities become available, the Internet of Things will expand like never before.


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IBM and Cisco Systems form an anti-Cybercrime Alliance

Last Wednesday, Cisco and IBM announced that they would be working together to combat cybercrime by integrating their products, customer systems and working together to manage cyber threats. Two apps are being created for the response and can be downloaded from the IBM security App exchange. Cisco’s security solutions branch will integrate with IBM’s QRadar security intelligence in an attempt to curb malicious attacks.

The decision comes inresponse to concerns that the disparate technological market has left criminals a lot of room to maneuver. Right now, even the tools and services used to fight cybercrime don’t work well with each other. Cisco has identified that organizations can use up to 50 different security systems to try to give their systems comprehensive coverage. In fact by 2021, cybercrime is expected to cost $6 trillion by 2021.

Marc van Zadelhoff, general manager at IBM security commented “IBM has been a proponent of open collaboration and threat sharing in cybersecurity to change the economics for criminals”. David Ulevitch General, a manger at Cisco security, emphasized the motivations for the project, stating “by combining Cisco’s comprehensive security portfolio with IBM Security’s operations and response platform, Cisco and IBM bring best-of-breed products and solutions across the network, endpoint and cloud, paired with advanced analytics and orchestration capabilities”. For future security threats, IBM’s X-force threat team and Cisco’s Talos threat intelligence group will share information and research to tackle cyber threats. Recently, the two teams worked together to swap intelligence on the WannaCry ransomware attacks.


Businesses still hopelessly underprepared for the GDPR.

In less than a year the General Data Protection Regulation (GDPR) will hit European businesses with fines if they don’t adequately protect consumer data. Many businesses remain unprepared. The GDPR will stipulate how companies are allowed to handle and store our information and give consumers the right to demand that all data held be relinquished. In some cases they’ll even have to hand this data over to competitors. Failure to comply with the regulation will result in fines of up to 4% of their global turnover.

It’s surprising that despite the impending penalties of the GDPR, many organizations have not made any effort to prepare themselves for the legislation. A survey from the Direct Marketing Association reveals that just over half of businesses say they are prepared to be ready by 2018. Right now, if companies don’t speed up, estimates suggest that the FTSE100 could face fines of up to £5 billion for non-compliance. The problem is deep in the UK, where only 30% of firms have begun preparing for the GDPR according to a YouGov poll, which polled 2,000 businesses.

The inaction to the GDPR is hard to comprehend, but it is clear that managing customer data in line with the regulations will be very demanding. Companies will be forced to throw away valuable consumer data upon request when that data could be used for market analysis and performance reports. Many companies won’t have the facility to be able to accurately recall and purge the data needed without investing thousands in new software solutions. However, rather than avoiding the changes of the GDPR, companies should embrace the investment in data security and use it as an opportunity to set themselves apart from the competition. Companies that handle data efficiently and securely will have the chance to market themselves as ‘safe hands’. In today’s interconnected world it is not enough for companies to do the bare minimum to protect our data, they have to go the extra mile.

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