Friday 18 August 2017

Weekly News Roundup


Too busy working all week to keep up with the most interesting stories coming out of the technology and security industries? Below are our recommendations for a roundup of the top stories happening now that you need to know.

Gartner: Cybersecurity Spending Worldwide to Hit $86.4 Billion This Year

The global information security market for 2017 will grow by 7% over last year with spending to reach $86.4 billion, according to a new forecast by Gartner. Read more…

Uber reaches deal with FTC on consumer privacy, agrees to new program

Ridesharing behemoth Uber agreed Tuesday to institute “a culture of privacy” in how it handles personal information from its passengers and drivers, following a Federal Trade Commission investigation that revealed the company misrepresented its internal data access policies and failed to take reasonable security measures to safeguard data in the cloud. Read more…

Maersk Previews NotPetya Impact: Up to $300 Million

Danish shipping giant A.P. Møller - Maersk faces a loss of up to $300 million as a result of the NotPetya global malware outbreak. Read more…

Seven Accused in $5M Insider Trading Scheme

The SEC says the scheme revolved around an IT consultant who had access to a computer system that BofA used to track investment banking deals. Read more…


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