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Annual cost of cybercrime hits near $400 billion
An estimate of the global cost of cybercrime — losses from cyber-espionage theft of intellectual property, plus all types of personal and financial data stolen and dealing with the fallout — is being tabbed at least $400 billion annually, according to the report published today by the Center for Strategic and International Studies. In its report "Net Losses: Estimating the Global Cost of Cybercrime," Washington, D.C.-based think tank CSIS claims the countries hit most are the United States, China and Germany based on their overall national wealth in Gross Domestic Product (GDP). Those three countries together are estimated to have suffered $200 billion in cybercrime losses on an annual basis. CSIS acknowledges there's going to be debate over how to calculate the cost of cybercrime the way it broadly defines it. But CSIS, whose research draws largely from the work of economists, argues it could not be lower than $375 billion and the maximum could actually be $575 billion.To read this article in full or to leave a comment, please click here Read More
WHITE PAPER: Network Instruments
4 Key Survival Tips for Planning Your Next Big Data Project
Big Data projects slam network performance. This paper offer survival tips to prepare your network before the Big Data projects hit, not after. Learn how to monitor and manage network performance for bandwidth, consistent low latency, scalable storage, processing power and security. Learn More
WHITE PAPER: Network Instruments
Survival Tips for Big Data's Impact on Network Performance
Big Data projects slam network performance. This paper offer survival tips to prepare your network before the Big Data projects hit, not after. Learn how to monitor and manage network performance for bandwidth, consistent low latency, scalable storage, processing power and security. Learn More
Toronto cracks winner's circle in Smart City competition
New York City Toronto, Canada's largest city, was named `Intelligent Community of the Year' last week at the annual Intelligent Community Forum. This was the third try for the Toronto mega-region, home to 175,000 Information and Communication Technology workers in 11,500 companies. The region has an additional 230,000 financial services employees, making it the fastest growing financial sector in North America. Lou Zacharilla, co-founder of the Intelligent Community Forum think tank, dubbed the Canadian winner "New York City with manners." In its application, the city repeatedly emphasized its culture of tolerance, diversity, collaboration, and inter-sector cooperation.To read this article in full or to leave a comment, please click here Read More
Rumors: New flagship Windows Phone due this fall, OS upgrade next year
A popular Windows Phone leaker who is not Wzor has divulged new info on upcoming OS releases and new hardware, and if it proves accurate, Microsoft is going to keep pushing hard on the mobile market, tiny market share be damned.Evleaks claims Microsoft will ship the Lumia 530, a low-end phone first demoed by Stephen Elop at the Build conference in San Francisco, this summer. The Lumia Icon, currently the high-end model, will ship worldwide this summer as the Lumia 930, and Verizon, AT&T, and T-Mobile will get a mid-range model, the Lumia 635, later this year.In the fall is when things get interesting. New devices will come featuring Windows Phone Blue GDR1, the internal codename for the operating system update that comes after WP 8.1, which isn't out yet. The first GDR1 devices should begin hitting shelves in the third quarter, according to the report.To read this article in full or to leave a comment, please click here Read More
The SAN is dead! Long live the storage fabric!
Prior to my days as an analyst I spent many years toiling away in corporate IT. The area within IT that I had the most interest and passion in was the network. It's a little like when Spock said to Captain Kirk that "commanding a starship was his first, best destiny." Sure, Kirk might go and try being a diplomat, but at the end of the day he finds his way back to the bridge. Similarly, I might go dabble with servers, applications or other areas, but I always looked at things through the network lens. Sometimes that's helpful, like when yanking out that old, legacy PBX in favor of a VoIP system is a no-brainer. However, sometimes the networking thought process could make you look for problems that aren't there.To read this article in full or to leave a comment, please click here Read More
How to make the most of an IT buyer's market
After years of fighting tooth and nail with vendors for meager price discounts or modest service-level agreements, IT has seen the tables start to turn: Sweeping changes are reshaping the vendor landscape, shifting negotiating power from stingy service providers to savvy CIOs.At the center of this sea change are trends such as cloud computing, social media, data analytics, remote monitoring, automation and mobility. Whether it's manufacturers opening sensor-operated plants or healthcare providers using remote patient-monitoring systems, organizations are acting fast to seize new opportunities and satisfy customer demands. And as the need for agility increases, cloud-based computing is booming: Infrastructure as a service and business process as a service are the two fastest-growing segments of the IT services market, expanding 44.9% and 12.4%, respectively, in 2014, according to Gartner.To read this article in full or to leave a comment, please click here Read More
Amtrak explores trackside network to upgrade Acela's Wi-Fi service
Amtrak is exploring ways it can upgrade the on-board Wi-Fi service on its Acela trains between Washington and Boston, which is notoriously poor for passengers, especially during rush-hour travel.Amtrak said in a statement it is interested in building a dedicated wireless network along the tracks for a high-capacity network that would stretch the entire 457 miles of the Northeast Corridor route.Amtrak is taking bids for the project, which would increase the total available bandwidth per train from 10 Mbps to a minimum of 25 Mbps. The bids would be only for a proof-of-concept to see whether it is technically and financially feasible to build the network.To read this article in full or to leave a comment, please click here Read More
New products of the week 06.09.14
Our roundup of intriguing new products. Read how to submit an entry to Network World's products of the week slideshow. Product name – CX20952To read this article in full or to leave a comment, please click here Read More
Network World's 2014 State of the Network survey
Aligning IT with the business has been a top priority of IT organizations for the past few years, but that is changing, according to the latest State of the Network Survey. IT has apparently made enough headway on the alignment issue that other priorities are coming to the fore. The No. 1 business objective of the 282 IT respondents is decreasing operational costs, while the top technology objective is lowering IT operational costs through server consolidation and overall IT simplification. Continue for more survey results.To read this article in full or to leave a comment, please click here Read More
Apple's storage strategy: Clear, not cloudy
It's all about selling more iPhones, more iPads, more Macs, not beating Dropbox Read More
Apple likely to hold iWatch event in October, report says
With WWDC now behind us, it's time to start focusing on the hardware that will run Apple's latest and greatest software offerings. Of course, we all know that new Macs are likely on the horizon, and we definitely can bet on new iPhones with larger screens dropping sometime later this fall, but there's another piece of Apple hardware that might see the light of day in just a few months - the mythical iWatch.Rumored to be in development for over two years now, Re/Code's John Paczkowski recently published a post relaying that Apple will be planning a special media event to announce the iWatch sometime in October. While all Apple rumors should always be taken with a grain of salt, Paczkowski's rumors are typically more accurate than most, so that's something to keep in mind.To read this article in full or to leave a comment, please click here Read More
Apple iOS 8's 12 Best Business Features
Apple spent only a minute or so of its two-hour WWDC keynote discussing the enterprise features in its upcoming iOS 8 mobile OS, which is set for release this fall. The response from the crowd after the business announcements was notably tame compared to the roars that followed many of the other announcements. The fact is, iOS 8 actually packs a set of valuable new features that demonstrate Apple's strengthening relationship with the enterprise and with business users.12 most powerful Internet of Things companies Though Apple dedicated a short amount of time to the enterprise, some of the most exciting consumer features will also be valuable to business users. Here's a look at 12 of the most notable new iOS 8 features for enterprises and corporate users.To read this article in full or to leave a comment, please click here Read More
U.S. Secret Service explores sarcasm on social media
If a government agency were willing to pay big bucks for a new program to be developed, yet demanded that it must be compatible with an obsolete web browser used by an obsolete operating system, would you think that was sarcasm, or a joke? Apparently it is a requirement, not a joke, for the U.S. Secret Service social media sarcasm detector."Compatibility with Internet Explorer 8" and the "ability to detect sarcasm and false positives" are just two of many requirements listed for the new software, according to the request for proposals posted on FedBizOpps. IE 8 is tied to Windows XP; both are at "end of life" and no longer supported. Microsoft previously warned, "If your Windows XP PC is connected to the Internet and you use Internet Explorer 8 to surf the web, you might be exposing your PC to additional threats."To read this article in full or to leave a comment, please click here Read More
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