Trend says that destructive hacking on the rise

1858_4_CourseOfEmpire_Destruction_ColeHacking attacks which are designed to destroy a company, rather than just steal information, are on the rise.

A poll by the Organisation of American States found that 40 percent of respondents had battled attempts to shut down their computer networks, 44 percent had dealt with bids to delete files and 54 percent had encountered “attempts to manipulate” their equipment through a control system. more»

Singtel buys US security outfit

history-of-headphones-1895Singapore Telecommunications, or Singtel, is buying US-based cyber-security firm Trustwave for $810 million.

The move is the outfit’s biggest acquisition outside the main telecoms sector and is being touted as a Singtel moving away from being a pure-play telecoms company.

Apparently it wants to be involved in something analysts are calling “digital life”, which includes mobile video and digital advertising, and cyber security through partnerships with FireEye and Akamai, among others. more»

German tech industry dragged into the 21st century

Hartmann_Maschinenhalle_1868_(01)Germany, whose industry has been relying on things to run the same way as they did before those World Wars, has suddenly woken up in the digital age and is a little worried about it.

According to Reuters big German companies have started teaming up with start-ups to shake up their conservative business culture and keep pace with a world increasingly dominated by nimble tech giants. more»

Amazon sets up service side

2580297818_3c864043e6Online book seller Amazon is creating a service side to its business based on the very sound idea that customers might want to buy flat-pack furniture, but have not got a clue how to assemble it.

Peter Faricy, vice president for Amazon Marketplace said that there were more than 85 million Amazon customers who have shopped for products this past year that often require a service afterwards. more»