Can the world wide web survive the internet of things? It’s a question many are asking after a vast attack on US and European internet structure last week, likely led by “smart” DVR players and webcams, that has left the tech industry reeling.
“It is critical to distinguish between, and address the needs of, both the cyber workforce and the general workforce,” said the International Information Systems Security Certification Consortium (known as (ISC)2), the largest US member organization for IT security professionals said in a letter released Monday in a letter to the newly minted U.S. CISO Greg Touhill.
The big headline-grabber about the General Data Protection Regulation (GDPR), set to come into force in 2018, is the huge fine that can be imposed on companies that have failed to comply with the legislation. The GDPR, which replaces the 1995 Data Protection Directive, sets the maximum fine for a single breach of GDPR at the greater of €20 million or 4 percent of annual global revenue.
“This one blew up. This was like nothing else we’d seen,” said Butts, who, like the hackers working with Muddy Waters, researches ways to subvert safeguards designed to prevent intruders from breaking into medical devices. “This is almost like The Big Short — someone saw something that nobody else did.”
Verizon is pushing for a $1 billion discount off its pending $4.8 billion agreement to buy Yahoo, several sources told The Post exclusively. The request comes on the heels of the web giant getting bludgeoned by bad news in the past few days. Yahoo revealed two weeks ago that it had been hacked in 2014 and that usernames and passwords for 500 million accounts were swiped.