Cloud

Lloyd’s: US Cloud Computing Shutdown May Cost $19 Billion in Losses

Lloyd’s: US Cloud Computing Shutdown May Cost $19 Billion in Losses

In a report co-written with AIR Worldwide, insurance market Lloyd’s of London recently warned that the temporary failure of a major US cloud computing provider could result to $19 billion in losses. The report further explained that disruptions such as hackings, lighting strikes, bombing of data centers, human error, or anything that could cause an outage of three to six days can rack up losses ranging from $5.3 up to $19 billion. However, only $1.1 to $3.5 billion would be covered by insurance. The report did not reveal the names of the providers, but according to research firm Canalys, Amazon.com […]

MIT Warns of Ransomware Attacks on Cloud Computing in 2018

MIT Warns of Ransomware Attacks on Cloud Computing in 2018

MIT Technology Review recently predicted that cloud services may be the next target of ransomware attacks, since these are huge stores of valuable data for companies. They added that smaller cloud providers are likelier targets since bigger companies such as Google, Amazon, and IBM have ample resources and experience to fend off attackers. MIT also said that cyber attackers may increasingly leverage AI technologies such as machine learning models and neural networks. The prediction is supported by McAfee Labs in their Threat Predictions Report 2018, where they said that attackers may use machine learning to disrupt detection models and exploit […]

Amazon Ramps Up AI Efforts, Announces New AWS Features

Amazon Ramps Up AI Efforts, Announces New AWS Features

Earlier this week, Amazon announced several new features that leverages machine learning for its Amazon Web Services. The company had recently been pushing to take a dominant position in Silicon Valley’s AI race. With the newly introduced features, AWS customers will now be able to “train” their own AI algorithms, build apps that can translate languages in real time, conduct video analysis, or scan text for trends. It is said that compared to Apple and Facebook’s AI technologies, small startups and less-tech savvy customers may find Amazon’s offerings to be more suitable.   Source: Reuters

Top Secret Army, NSA Files Left Exposed on Amazon S3 Server

Top Secret Army, NSA Files Left Exposed on Amazon S3 Server

Earlier this week, security researchers from UpGuard found another unsecured S3 server that leaked sensitive files from a joint US Army and NSA agency. The server contained files from INSCOM marked TOP SECRET and NOFORN (NO FOReign Nationals). The researchers also found folders which indicated that the system was part of a cloud computing platform called Red Disk, which is in turn part of the Department of Defense’s “battlefield intelligence platform”. This comes several days after the discovery of another exposed S3 server that contained files from the Army’s CENTCOM and PACOM divisions. Source: Bleeping Computer

CIA Continues Partnership with Amazon Web Services to Boost Cloud Push

CIA Continues Partnership with Amazon Web Services to Boost Cloud Push

Earlier this week, the director of digital futures at the CIA’s Directorate of Digital Innovation affirmed the agency’s push towards cloud computing, stating that the bureau has “overachieved” in its efforts to leverage the technology. Speaking at the Public Sector Breakfast at AWS re:Invent in Las Vegas, Teresa Smetzer said that adapting cloud computing 4 years ago was a risky move that paid off. She added that it allowed the agency to keep up with the pace of the commercial industry. She also revealed that AWS’s Secret Region which went live last week now allows all 16 agencies to interoperate […]

Shanghai to Build Massive Data Trading Platform to Boost Tech Hub Status

Shanghai to Build Massive Data Trading Platform to Boost Tech Hub Status

In an interview with the South China Morning Post, Chief executive of Shanghai Data Exchange Corp Keven Tang Qifeng revealed that his company is planning to set up a massive electronic data trading platform which will boost Shanghai’s profile as a major tech hub. He added that even today, there is already a strong demand for trading of data sets, and the company is looking to capture around one -third of the national trading volume by 2020 where the market is expected to grow to around $15 billion. In addition to its efforts to stay at the forefront of China’s […]

How Privacy is Used to Commit Crimes

The tension between privacy and security has been the subject of countless debates.1 While unfettered privacy may be prone to abuse impairing the state’s capacity to police unlawful activity, an uncontrolled government would result in tyranny.2 This article will look at how the abuse of the right to privacy facilitates the commission of crime. A. Restrictions on Searches and Seizures The 1987 Constitution protects the right of the people to be secure in their houses, papers, and effects.3 This mantle of protection is essential for the citizens to enjoy their autonomy and exercise their right to privacy.4 Protection is granted […]

Yubico Launches World’s Smallest Hardware Security Module

Yubico Launches World’s Smallest Hardware Security Module

Earlier this week, hardware company Yubico launched the world’s smallest and cheapest Hardware Security Module (HSM) called the YubiHSM 2. The module, which is used by servers and IoT gateways for managing authentication and encryption, is a lot smaller than other HSMs currently on the market. It comes as an ultra-slim “nano” USB key the size of a thumbnail which addresses the problem of bulky hardware. It also equipped with features including Secure Microsoft’s Active Directory Certificate Services. It also provides enhanced protection for cryptographic keys, supports Windows, Linux, and Mac OS, and enables 16 concurrent connections.   Source: ZDNet

SDDC in the Philippines Driven by Changing Customer Needs

SDDC in the Philippines Driven by Changing Customer Needs

Last week, country manager of Data Centre Group, Lenovo Philippines and Indochina Abraham Lim said that his organization is moving to the next generation of infrastructure, the software-defined data centre, which gives them the agility to respond to the growing complexity of their customer’s needs. He added that as the IT requirements of businesses increase, the need to deploy a cloud-like infrastructure becomes more obvious. Han Chon, General Manager of Lenovo Asean also states that with SDDC, the dependency on hardware is eliminated, allowing organizations to scale in a linear manner, without the baggage that needs to be continuously fed […]

Hackers May Be Able to Manipulate AI Training Algorithms

Hackers May Be Able to Manipulate AI Training Algorithms

Earlier this week, a paper by researchers from New York University showed that an attacker may be able to manipulate deep learning-based artificial intelligence (AI) algorithms. The researchers said that small equations that can be used as a backdoor can be hidden in deep learning algorithms due to their vast complexity. The backdoor cannot be removed by feeding the AI with more sample data as it will only decrease its accuracy. They add that the attack scenario is very possible, a hacker can simply use social engineering to gain access to the cloud service and then insert the backdoored model […]