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Editor’s update

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Kaspersky Lab was in the headlines this week after the company announced that its internal networks were the victim of an advanced attack which attempted to steal information about its products and clients. According to the company’s blog post, the attack was complex and stealthy, exploiting several zero-day vulnerabilities. Kaspersky has dubbed the attack Duqu 2.0. – primarily due to its similarity to the “Duqu” malware found in 2011, used in attacks against Iran, India, France and Ukraine. Duqu was at the time linked to the Stuxnet malware, believed to be created by US and Israeli spy agencies.

Also in the headlines this week, Dell’s Simon Winter has warned the insurance industry that it needs to radically change its business models, or risk becoming irrelevant. Insurance is one of the few remaining unreconstructed industries. Meanwhile, more than a year after the Protection of Personal Information (POPI) Act was enacted, the public sector has yet to take steps towards ensuring compliance. The public sector is falling dangerously behind the private sector in preparing for POPI. Despite an official commencement date for the legislation which is still to be finalised and announced, new research indicates that the private sector has taken substantial steps towards becoming compliant.

And finally, Intel Capital has launched the Intel Capital Diversity Fund, which will invest in technology start-ups run by women and underrepresented minorities. The largest of its kind, the fund totals approximately $125-million, and investments will cover a broad spectrum of innovative industries.

Until next week,

The IT-Online team