Each week we’ll bring you an overview of the latest news in cloud computing, cybersecurity and industrial IoT over the past seven days. This week we’re focused on the latest news in vulnerabilities within cybersecurity and cloud cost optimization.
US Senate report: Equifax Neglected Cybersecurity for Years
As a result of poor cybersecurity practices at credit bureau provider Equifax, 145 million Americans had their personal information exposed in the company’s massive 2017 data breach. The incident might have been avoided if Equifax had prioritized widely agreed upon cybersecurity protocols. However, it was reported that the company did not have a complete understanding of the IT assets it owned, which made it nearly impossible for Equifax to know if vulnerabilities existed on its network.
In a statement, Equifax said the company cooperated with the investigation.
Smart Cities are Most Vulnerable to Cyber Security Risks
With the urban civilization turning to smart technology solutions to increase operational efficiency and share information, cybersecurity has become a major concern. To keep pace with the tech-savvy generation, a need to establish a formal cybersecurity framework in smart cities has risen.
Cloud Cost Control a Leading Issue for Businesses
Multi-cloud deployments are becoming the norm and that means cost and management optimization is a big theme for 2019. Recent surveys have indicated that there are concerns regarding the rising cost of the cloud among enterprise customers. As a result, demand is increasing for cost optimization and cloud management services.
Read more on how businesses have been managing their cloud costs.
Chinese Hackers Fish for Naval Secrets
A report by Accenture-owned unit iDefense claims Chinese hackers carried out a targeted campaign against 27 universities in the US, Canada and South East Asia. According to the report, the universities shared a common interest in research on underwater warfare technology – particularly the launching of submarine missiles. Experts declare that any university operating classified material should operate to the same cybersecurity standards as their respective government.
Learn more about how hackers carried this attack.
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