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Nov 8, 2016 : Venture Firms Not Focused on Diversity
📅 - According to a survey conducted by LinkedIn Pulse, venture capitalists are concerned about revenue targets and hiring the right people instead of worrying about diversity. Investors don't seem to be very concerned with the diversity within the management rankings or the commitment of building a diverse team.
Last year, the Ellen Pao vs. Kleiner Perkins Caufield & Byers case put this in the spotlight when Pao filed a suit for gender discrimination. She lost the case in March of 2015, however.
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Reads: 856 | Category: General | Source: TheHN : The Hosting News
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📅 - Tesco Bank Freezes Transactions After Hack - Tesco Bank detected online criminal activity in over 40,000 accounts over the weekend, from those 40,000 accounts that detected ‘suspicious activity', at least 20,000 of those customers have had money stolen electronically.
Mark James, a security specialist said, “It could be mass harvesting of credentials, cards, ATMs, infiltration of the bank systems, but Tesco will need to keep the public informed if they want to come out of this on top. Whilst no system is 100% safe, keeping the victims well informed of your current operations is what's needed.”
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📅 - Despite Foreign Opposition China Implements New Cybersecurity Law - The controversial Cyber Security Law was passed in Beijing by the Standing Committee of the National People's Congress, government officials announced Monday. The new law grants Beijing government officials almost total access to foreign companies through mandatory testing and certification of computer equipment and technologies.
The new law takes effect in June, and many companies are worried about how they can continue to operate in China, the world's second largest economy.
James Zimmerman, the chairman of the American Chamber of Commerce in China, said in an e-mail, “This is a step backwards for innovation in China that won't do much to improve security. The Chinese government is right
📅 - Cloud Adoption in Canada Brings Light to Security Concerns - Canada's cloud adoption is really taking off, but the recent growth has left more than three quarters of Canadian organizations feeling as though they're not handling cloud security properly. That research came to light in recent research released on Thursday by IT consultant company Scalar Decisions.
The report, titled Moving up the value chain: What we can learn from experienced cloud users, found that Canadian companies listed security concerns as their top concern after adopting cloud technology.
The study looked at 355 Canadian IT executives and top-level managers. Two fifths of the participants were from on-premise only organizations. A majority of Canadian organizations have not ado
Often, smaller attacks are missed by legacy solutions since their thresholds are set higher for redirection. The reconnaissance vectors are used by attackers to figure out which systems are ...
📅 - Facebook Freezes WhatsApp Data Use Following U.K. Privacy Concerns - Facebook uses the mass amounts of data it collects about users and their buying habits for advertising purposes, but the U.K. recently took a stand for its citizens' privacy, demanding that Facebook stop using data from WhatsApp users in the country.
“We have now asked Facebook and WhatsApp to sign an undertaking committing to better explaining to customers how their data will be used,” said U.K. Information Commissioner Elizabeth Denham. “We've set out the law clearly to Facebook, and we're pleased that they've agreed to pause using data from U.K. WhatsApp users for advertisements or product improvement purposes.”
Facebook's attempts to monetize the WhatsApp platform prompted the privacy
📅 - FBI’s 2013 TorMail Hacks Violated Search Warrant Terms - In 2013, the FBI was granted a search warrant that allowed them to legally hack into more than 300 target email addresses on TorMail. Redacted documents published recently by the Department of Justice show that the hack actually applied to every user of TorMail, the anonymous email service, not just those specified in the search warrant.
The ACLU petitioned a U.S. District Court this September to gain access to the docket sheet containing the search warrant authorizing the hack, which was part of a child pornography investigation.
“Under the warrant the FBI deployed a network investigative technique (NIT) against 23 websites to obtain the real IP addresses of their users. Users attempting