March 30, 2016

Cyber criminals use Microsoft PowerShell in ransomware attacks

Traditional ransomware variants typically install malicious files on the system which, in some instances, can be easier to detect. Although the code is simple, PowerWare is a novel approach to ransomware, the researchers said, reflecting a growing trend of malware authors thinking outside the box in delivering ransomware. Carbon Black researchers found that PowerWare is delivered through a macro-enabled Microsoft Word document that launches two instances of PowerShell. One instance downloads the ransomware script and the other takes the script as input to run the malicious code to encrypt files on the target system and demand payment for releasing them.


Train your IT team for endurance

Work is the ultimate endurance event. While a triathlete might compete in a 5- to 12-hour event, the average career is measured in decades. Consider your IT organization for a moment. If it's like the majority, it's been conditioned around sprinting. A firefight or development sprint results in a fury of activity, the organizational equivalent of an athlete spiking her heartbeat to the max and tenaciously hanging there until it's physically impossible to sustain that level of effort. Like the athlete, after the sprint the team usually hits a wall and performance crashes down— employees even become physically affected by the workload. Contrast this to the team that has trained and measured around the productivity they can produce at sustainable activity levels. There's a quiet energy and diligence, and this team can make a strategic sprint or two when the time comes, without depleting themselves and falling apart.


Q&A: Database infrastructure must match modern apps

As a standard SQL solution, the way you build an application is not significantly different from how you build a system against other relational database management systems. The difference is that it scales. If you're running Oracle on a single machine, and you reach the capacity of a SQL machine, you switch to Oracle RAC, and that gets you some more performance. But when that gets exhausted, you're done. With NuoDB, you can take an intuitive database application design, and rather than changing the application to handle more scalability, you just plug in more computers.


Is outsourcing IT worth the compliance risk?

“Regulators have taken a deeper interest in outsourcing services that have an impact on either the regulatory posture of the organization or on cyber security and cyber-crime,” explains Bala Pandalangat, president and CEO of Centre for Outsourcing Research & Education (CORE), an organization that provides outsourcing advice and training based in Toronto. CORE’s membership includes Deloitte, IBM, Xerox, large banks, universities and law firms such as Torys LLP. “We see several common mistakes when it comes to outsourcing arrangements,” says Pandalangat. “The number one mistake is viewing risk management is an after-thought. Many deals emphasize the financial benefit of outsourcing at the expense of risk management. If risk management is not built into the contract, costly adjustments may be required to address that concern.”


NASA Software Audit Reveals Budgetary Black Hole

The audit warns that delays with such software designed for the Space Launch System (SLS) rocket could affect the ability to react to unexpected issues during launch operations, and could impact the launch schedule for the unmanned Orion system, which is due to lift off in 2018. The first exploration mission would allow the space agency to use the lunar vicinity as a proving ground to test technologies farther from Earth, and demonstrate it can get to a stable orbit in the area of space near the moon in order to support sending humans to deep space. The root of the budgetary issues appears to result from NASA's June 2006 decision to integrate multiple products or parts of products rather than develop software in-house or buy an off-the-shelf product.


Apple’s New Challenge: Learning How the U.S. Cracked Its iPhone

The challenges start with the lack of information about the method that the law enforcement authorities, with the aid of a third party, used to break into the iPhone of Syed Rizwan Farook, an attacker in the San Bernardino rampage last year. Federal officials have refused to identify the person, or organization, who helped crack the device, and have declined to specify the procedure used to open the iPhone. ... Making matters trickier, Apple’s security operation has been in flux. The operation was reorganized late last year. A manager who had been responsible for handling most of the government’s data extraction requests left the team to work in a different part of the company, according to four current and former Apple employees, who spoke on the condition of anonymity because they were not authorized to speak publicly about the changes.


Prep your smartphone for emergency situations

Another obvious recommendation, but one that can save you a lot of grief: keep your device in tip-top shape. Remove all unnecessary apps which might drain the battery. Keep a couple of spare batteries (if your device allows you the option of swapping these out). Make sure the hardware performs well; replace damaged screens, buttons and other elements which may be malfunctioning. And by all means keep it as fully charged as possible. I use car chargers, desk chargers and of course a bedside charger so at least two-thirds of the time during a normal day (and sometimes 100% depending on my schedule) I have access to power.


The triumphant, magnificent, and unexpected return of PC gaming

What makes the PC even more compelling right now is that the VR revolution has finally started. Just this week, the Oculus Rift debuted for PC with a host of new games that you can’t play on any of the consoles. (I will have a full report on that device soon.) That system requires at least an Intel Core i5 processor, 8GB of RAM, and at least a NVIDIA GTX 970 or AMD 290 GPU. The consoles just don’t have enough horsepower to make VR look realistic or compelling, despite what you may have heard. My theory is that PC gamers are smart enough to know this. They’ve seen the writing on the wall, and it says Virtual Reality


IT Security Threat to Intensify in Next Two Years

The report, Threat Horizons 2018, says the ability of organizations to protect IT is progressively being weakened. Businesses and society, for that matter, are becoming more reliant on complex new technologies to function, which intensifies the threat landscape, the report contends. "We are having to be a little bit more, perhaps, critical of the way in which we look at our use of technology, and that's what you're beginning to see with some of the predictions we're coming out with now," Steve Durbin, managing director of the Information Security Forum, says in an interview with Information Security Media Group. "Let's bear in mind: These predictions are really trying to put some extra weaponry into the armory for the security professionals so we can anticipate some of the challenges that we're going to be seeing."



Quote for the day:


"Strategy is a commodity, execution is an art." -- Peter Drucker


March 29, 2016

How mobile browser is making a comeback and challenging apps

India has 1 billion mobile phone users. Almost 90 per cent users have a phone that costs below Rs 8,000. These have low memory and slow processors. But most apps are heavy—more than 5 MB and often exceeding 8 MB. Some of the furniture apps are 30 MB in size. Computing resources to download and run apps is limited on low end phones. Top end phones that can accommodate these apps cost a bomb. Browsers have no such problems. They offer content and functionalities across categories. ... "The cost of developing a browser site is one-third of an app. Besides, chance of an app malfunctioning or crashing is higher than that of a mobile site."


Invokedynamic - Java’s Secret Weapon

The features main goal was to create a bytecode to handle a new type of method dispatch - that essentially allows application-level code to determine which method a call will execute, and to do so only when the call is about to execute. This allows language and framework writers to support much more dynamic programming styles than the Java platform previously provided. The intent is that user code determines dispatch at runtime using the method handles API whilst not suffering the performance penalties and security problems associated with reflection. In fact, the stated aim of invokedynamic is to be as fast as regular method dispatch (invokevirtual) once the feature has matured sufficiently.


How to Review and Test Backup Procedures to Ensure Data Restoration

It’s important to test often enough as well as to test in a quality sort of fashion. But how often is often enough? What is and is not quality testing? “The factors that should affect how often you test backup and restore capabilities fall under Governance, Risk, and Compliance (GRC) and include regulatory constraints, data retention periods / data criticality, risk assessment, policy, audit preparation, and strategic planning,” says Adam Gordon, CSO, New Horizons Computer Learning Centers Of South Florida. Testing frequency realities are another matter as some companies only find out whether backups work when they need them, and the success or failure of the backups and the restore operation in the middle of a crisis is the only test of their adequacy. This is certainly not often enough.


Banks and fintech firms can and must collaborate

"We recognise API as an unstoppable force," Mr Mohanty, a former Citibank banker, said. “There's no other way to do innovation. If (banks) don't do it, I don't know how they will survive.” He added that countries such as the United Kingdom and Japan have mapped out policies in relation to API, and the MAS is keen to “partner with industry players to make it work” in Singapore. However, Mr Mohanty noted that there’s a gap in terms of how much regulation can drive change, and businesses will ultimately have to take the lead. Ong Whee Teck, partner of Technology Consulting at PricewaterhouseCoopers, agreed: "The days are here to collaborate, otherwise fintech is here to eat your lunch. Change will require a grassroots-style uprising."


For IT, climate change means preparing for disaster

Interest in disaster recovery planning increased after the 9/11 terrorist attacks, but "many pulled back because of the cost of maintaining two centers," and paying for idle equipment, said Phil Goodwin, a research director at IDC. Cloud-based services are changing that. The fastest growing segment of disaster recovery is "disaster recovery as a service," said Goodwin. There may be 150 or more firms providing disaster recovery as a service (DRaaS). Taco, Inc., an HVAC manufacturing company in Rhode Island, maintains servers in a back-up facility run by a disaster services provider. But by the end of this year, the company hopes to complete a move to a disaster recovery as a service provider.


Benefits and Risks of Knowledge Process Outsourcing

If you are a business owner, you already know that there is no endeavour without risk. Risk is omnipresent. It needs to be identified, assessed and mitigated with a proper plan always. The risks of KPO entail key talent retention. Internal information could get lost if KPO staff is working remotely. The service providing individual might not match the company culture or there are communication difficulties. KPO is usually very time-consuming and there is often no immediate result. Depending on the nature of your business there might be more or less risks involved in working with a KPO company, but these risks are very transparent, they can be accounted for and there can be an operational design, which allows for an efficient cooperation for the benefit of all involved parties and individuals.


Linux at 25: Why It Flourished While Others Fizzled

It’s all the more remarkable, then, that Linux, which celebrates its 25th birthday later this year, has so profoundly challenged the norms of software development. It showed programmers everywhere that a different world was possible—a world where they could share code openly, collaborate informally, and make a decent living, even if they gave away the chief product of their labor for free. The advantages of working this way have since become obvious to even the most hard-headed of business leaders, with most large software-development companies now sharing at least some of the fruits of their programmers’ efforts openly. How did Linux end up producing such radical change? And why did other free-software activists’ attempts to build bigger and seemingly better systems than Linux fail to achieve as much momentum?


Autonomic platforms

Over time, IT departments became saddled with manual processes, cumbersome one-size-fits-all software development lifecycle (SDLC) methodologies. Or they developed “over-the-wall engineering” mind-sets in which individuals fulfill their own obligations with little understanding or concern about the needs of downstream teams. This operational baggage has fueled tension between IT’s development group, which pushes for speed and experimentation with new features and tools, and its operations organization, which prizes stability, performance, and predictable maintenance. To combat organizational inefficiency as well as any discord that has arisen among various parts of the IT value chain, many organizations are implementing DevOps a new way of organizing and focusing various teams.


Petya Ransomware Overwrites MBRs, Locking Users Out of Their Computers

It's hard enough for non-technical users to deal with ransomware infections: understanding public-key cryptography, connecting to the Tor anonymity network and paying with Bitcoin cryptocurrency. A new malicious program now makes it even more difficult by completely locking victims out of their computers. The new Petya ransomware overwrites the master boot record (MBR) of the affected PCs, leaving their operating systems in an unbootable state, researchers from antivirus firm Trend Micro said in a blog post. The MBR is the code stored in the first sectors of a hard disk drive. It contains information about the disk's partitions and launches the operating system's boot loader. Without a proper MBR, the computer doesn't know which partitions contain an OS and how to start it.


High Load Trading Transaction Processing with Reveno CQRS/Event Sourcing Framework

Reveno is a new JVM based lock-free transaction processing framework based on CQRS and event-sourcing patterns. Although it’s a simple and powerful tool it does not compromise on performance. All transactions are persisted to read-only journals, and the latest state of the domain model can be restored by simply replaying these events in sequence. All runtime operations are performed in-memory so throughput can reach an order of millions of transactions per second, and mean latency in the order of microseconds. But with all of this power Reveno is still a general purpose framework, as it covers a variety of use cases with rich sets of engine configurations. For example, you can vary the durability configuration, from very relaxed



Quote for the day:


"A single day is enough to make us a little larger or, another time, a little smaller." -- Paul Klee


March 28, 2016

8 Reasons To Consider Insights-As-A-Service

Insights-as-a-Service providers are quick to mention their ability to improve business outcomes because that's the entire point of insights. For example,Capgemini provides Data-as-a-Service, Analytics-as-a-Service, and Insights-as-a-Service options. Data-as-a-Service provides raw data upon which analytical applications are built, Analytics-as-a-Service provides outputs of analyses, and Insights-as-a-Service is linked to tangible outcomes such as revenue increase or cost savings. "I consider them a progression in terms of sophistication and value, and fundamentally what the '-as-a-Service' unit of measure is," said Goutham Beliappa, a leader in the Business Information Management Data Integration and Reporting Practice for Capgemini North America, in an interview.


How Advanced Analytics Is Changing B2B Buyer Expectations

As information continues to fuel and be fueled by new online channels, we most often hear about the impact this has on the B2C sales world. But as anyone in the B2B space will tell you, this evolution is far reaching and certainly relevant. Similar to B2C buyers, B2B buyers feel empowered by their access to data. As a result of the rise of e-commerce in B2B and the general availability of data on the Internet, B2B pricing and product information is significantly easier to find and compare than before. This is enabling buyers to be armed with more information going into a price negotiation than was previously possible. This also means that buyers now expect companies to have relevant and convenient product and pricing information on their websites.


Data lake governance: A big data do or die

Data lakes or data hubs -- storage repositories and processing systems that can ingest data without compromising the data structure -- have become synonymous with modern data architecture and big data management. The upside to the data lake is that it doesn't require a rigid schema or manipulation of the data to ingest it, making it easy for businesses to collect data of all shapes and sizes. The harder part for CIOs and senior IT leaders is maintaining order once the data arrives. Without an upfront schema imposed on the data, data lake governance, including metadata management, play vital roles in keeping the data lake pristine, according to experts.


Trump's Incomprehensible 'Cyber' Policy: 'Make Cyber Great Again'

First off, we’re so obsolete in cyber. We’re the ones that sort of were very much involved with the creation, but we’re so obsolete, we just seem to be toyed with by so many different countries, already. And we don’t know who’s doing what. We don’t know who’s got the power, who’s got that capability, some people say it’s China, some people say it’s Russia. But certainly cyber has to be a, you know, certainly cyber has to be in our thought process, very strongly in our thought process. Inconceivable that, inconceivable the power of cyber. But as you say, you can take out, you can take out, you can make countries nonfunctioning with a strong use of cyber. I don’t think we’re there. I don’t think we’re as advanced as other countries are, and I think you probably would agree with that. I don’t think we’re advanced, I think we’re going backwards in so many different ways.


Aetna CISO talks about threat intelligence and enterprise risk management

Third party governance programs must evolve to offer more continuous methods for risk assessment and management vs. one and done annual on-site assessments. More and more services are offered through cloud providers that host sensitive information and determining online vulnerabilities on a 24 x 7 basis will become more of the norm for any enterprise interested in managing third-party risk. The other fundamental change in third-party risk is a migration from compliance driven assessments (compliance to a standard) to a risk-driven assessment where risks are identified and managed. Adherence to a standard or framework based on standard practices is better than nothing but not sufficient to manage risk effectively given the evolution of cloud computing.


Is digital experience management the new social business?

Probably the key question to ask at this point is do these two overarching digital frameworks play well side-by-side or do they need to be integrated for companies to get the fullest benefits of both? Digital/customer experience is a relatively new phenomenon in terms of realized products and services to support it, so until recently it's been hard to say. But with the maturity of both approaches, I'm now beginning to see digital engagement practitioners have to routinely deal with both frameworks. The result? They find in general that CEM platforms tend to underserve social business needs, while social business frameworks and products often neglect many key aspects of digital experience. This lack of integration leads to more work, lower impact, and a fragmented approach to digital, which is what we were trying to resolve in the first place.


9 Cost-Effective and Critical Security Tips for Startups

When big names fall victim to data breaches, its big news, making smaller companies believe they aren’t likely to be a target. However, according to Greg Sullivan, CEO of Global Velocity, smaller companies should be on the offensive. “The issue is that SMBs wrongly assume that their size or small influence does not merit attention from hackers or do not educate themselves about potential exploits in their infrastructure,” he says. “While SMBs are not as big as companies like Target and Home Depot, they are the majority of victims at the hands of cyber thieves seeking easy targets. The Verizon 2013 Data Breach Investigations Report found that 62 percent of breaches impacted smaller organizations, likely a conservative figure since not all small organizations are reporting breaches.”


IPSec Policies

IPSec encrypts data information contained in IP datagrams through encapsulation to provide data integrity, data confidentiality, data origin authentication, and replay protection. The two main IPSec components that are installed when you install IPSec are the IPSec Policy Agent and the IPSec driver. The IPSec Policy Agent is a service running on a Windows Server 2003 computer that accesses IPSec policy information. The IPSec Policy Agent accesses the IPSec policy information in the local Windows registry or in Active Directory. The IPSec Policy Agent then passes this information to the IPSec driver. The IPSec driver performs a number of operations to enable secure network communications such as initiating IKE communication, creating IPSec packets, encrypts data, and calculates hashes.


The Role of a Data Scientist in 2016

Whilst the role of a data scientist crosses over with more conventional data analysis positions, there are some stark differences. A data analyst or architect can extract information from large sets of data. Yet they are bound by the SQL queries and analytics packages used to slice these datasets. Through an advanced knowledge of machine learning and programming/engineering, data scientists can manipulate data at their own will uncovering deeper insight. They are not bound by these programmes. Whilst your typical data analyst looks to the past and what’s happened, a data scientist must go beyond this and look to the future. Through application of advanced statistics and complex data modelling they must uncover patterns and make future predictions.


Insight: The disruptive side of disruptive innovation

Nothing can stop innovation and as long as this technology brings value then it is here to stay. Traditional ojek may eventually have to become app-based or at least adapt to using their cellphones to get customers rather than wait passively at their posts for passengers. Long-time drivers of established meter taxi companies are not that easy to adapt, with their livelihoods having been tied to a regulated system for so long. The democratized application of Uber is actually unfair competition for them, so it is easy to understand their — and especially the companies’ owners’ — resistance to this innovation. In the end, it would be a new government regulation that decides the fate of Uber and that of public transportation as a whole.



Quote for the day:


"Man is a reasoning rather than a reasonable animal" -- Alexander Hamilton


March 27, 2016

Australian Government Seeks End to Double Taxation of Bitcoin

The government wants to ease rules for investors and startups in the FinTech space, the latter of whom would be afforded flexibility within a "regulatory sandbox" approach. An advisory group dedicated to FinTech issues has also been formed, chaired by Westpac Bank director Craig Dunn. “Removing the ‘double taxation’ treatment for GST on digital currencies and applying adequate anti‑money laundering and counter‑terrorism financing rules may facilitate further developments or use in the future,” the government said. The country’s anti-money laundering regulator, the Australian Transaction Reports and Analysis Centre, voiced its support for blockchain technology in a statement included in the policy release, stating that it believes the tech could "significantly reduce the costs of compliance and regulation imposed on reporting entities".


Fintech Lessons From a Troubled Bridge Over New York’s Waters

Fintech is becoming too hyped in certain areas. Even though venture funding cooled in Q4, 2015, deal activity remains high, as do valuations, especially on the consumer side of fintech. Accelerators, incubators and now start-up factories have cropped-up to participate in the global fintech boom. Many of these initiatives are crucial, since they compensate for the lack of financial services innovation in the years leading up to the financial crisis. Unfortunately, half-baked business models, me-too companies and fintech “tourist” investors looking for a quick trade seem to be on the rise as well. Some large incumbents are riding the fintech wave without a plan. Just as politicians, commissioners and contractors jumped on the Manhattan Bridge project over a century ago, it now seems that every major incumbent is getting fintechier. Although some large banks, payments companies, insurers and asset managers are making solid progress, others seem to be grasping.


Uflex becomes first company in India to deploy Bluetooth Low Energy Beacon

The Low Energy Bluetooth beacon is a battery powered mini appliance transmitting and receiving two- way information. The BLE Beacon has a shelf life of 3 years on a single cell. The beacon transmits its presence and with its inbuilt sensors captures other parameters like temperature, pressure etc. Since it facilitates two way information gathering, the embedded LED can also light up when it gets a request. "The strength of the Beacon varies with distance and this helps us triangulate the coordinates and track the movement as well as the current location across the warehouse and production lines," he states. The BLE Beacon can add on sensors to get more data captured such as collision impact detection , automate batch creation in ERP using the object to feed data as it approaches the processing plant or exits a plant .


DevOps and IT Projects in the Real World

The sponsor spent a lot of money and will never see a return on the investment ever. The developers are upset because nobody is going to use their solution. The project manager is depressed because it didn’t really matter how well the project was managed. The user base is absolutely irritated, don’t know what to use the new solution for and after a week they stop trying. ... If you can leverage DevOps culture and practices you don’t buy into a success guarantee. Everyone still needs to do their work diligently and it’s not less work if you apply DevOps. However with these practices in mind, you shift the threshold of “what”, “how”, and “ok” significantly to establish a better collaboration baseline between the separated realms of development teams and operational staff.


The Dawn of the IoT Architect

There are two modes of operation for an IoT Architect. The first mode is to help the organization solve various business problems by building discrete IoT solutions. This requires a certain skill set including: collaborating with business leaders to determine their top business problems, architecting an IoT solution that will solve the problem, building a business case to justify the ROI, building an IoT solution prototype and selecting vendors, and finally, deploying the solution — at scale — across the enterprise. The second mode is much more broad. The IoT architect must take responsibility for setting and communicating the overall IoT vision, message, — and most importantly — architecture. Why? Well, it’s likely that organizations will have multiple IoT projects. Without an IoT architect — who can build, communicate and drive a cohesive, centralized IoT architecture


Big Data, IoT and Blockchain: Ready to Follow the Yellow Brick Road?

How disruptive technologies can be used to advance business and provide a competitive edge. Take Big Data and the Internet of Things (IoT). Both rank highly on the list of disruptive technologies. As with most technologies, there are areas of great synergy that ultimately provide a yellow brick road to real business value. ... Perhaps the most interesting thing about blockchain is that there's no central authority or single source of the database. Which means it exists on every system that's associated with it. Yes, every system has its own complete copy of the blockchain. As new blocks are added, they're also received by every system - for the ultimate distributed database. If you lose your copy, no problem. By rejoining the blockchain network you get a fresh new copy of the entire blockchain.


Japan looks to kickstart 'fintech' revolution

Japan's financial industry regulator hopes relaxed rules on investing in financial ventures, and a new system for regulating virtual currency exchanges will pass through parliament by May - a first step in kickstarting the fintech revolution in the world's third-biggest economy. "The law changes aren't a goal, but a first step," Norio Sato, a senior official at the Financial Services Authority (FSA), told Reuters. "Fintech will have a big impact on financial services." The changes, which will allow banks to buy stakes of up to 100 percent in non-finance-related firms, will free up Japan's three megabanks to enter into tie-ups with fintech ventures developing services including robotic investment advisory and blockchain, the decentralized ledger technology behind the bitcoin digital currency.


Viewpoints and Integrated Enterprise Architecture

Enterprise Architecture may depict the whole of the enterprise or a part of it at any given point in time. Architecture for enterprises consists of multifaceted data driven maps. From the different perspectives of the many parts involved in any enterprise, from planning, design and management to executive and stakeholder’s levels, there are always many concerns that need to be addressed, and hence the need for many different types of blueprints. The viewpoint is a blueprint of how the stakeholders view the whole system or enterprise. ... Enterprise Evolver (“Evolver”) supports multiple viewpoints templates to jumpstart the architecture creation. Provided below are descriptions of each viewpoint template supported in Enterprise Evolver . By describing and mapping these viewpoints in the Evolver, you will be able to create an integrated enterprise architecture to support any transformation initiative.


Barry University CIO: Managing The Mobile Security Load

Londono doesn't want to do anything unnecessary to stifle the creativity and innovation of the faculty. "On the faculty side, we mostly let them do what they want to. There's a recognition that any progress comes from a place where you're not so structured," he said. "If you leave people with a little bit of freedom, they tend to be very creative." On the other hand, students can be very heavy consumers of the campus bandwidth. "In terms of bandwidth, the shift isn't so much from faculty -- they're careful about moving instruction to streaming -- but the younger generation of kids moving to streaming content," Londono said. And the reality of the new classroom means that the university can't use basic tools to deal with the bandwidth issue.


Understanding Quality and Reliability

Generally, having fewer errors and a higher MTTD is associated with better overall quality. While having the highest quality possible may not always be a primary concern for stakeholders, the reliability of the project must meet some minimum standards before it can be shipped to the customer. For example, experience has shown that, at delivery, most projects are about 95 percent defect free after running for about a day without crashing. Another good rule of thumb is that the software typically will be of minimum acceptable reliability when testers are finding fewer than 20 errors per month. This applies to both large and small applications. In other words, the product will run about an eight-hour workday. Of course this rule of thumb is mostly applicable for commercial IT applications. Industrial and military embedded applications require a higher degree of reliability.



Quote for the day:


"We don’t have time for blame and shame. We need dignity, understanding and solutions." -- @smaxbrown


March 26, 2016

App economy research shows how poorer countries are losing again

The transition to the era of the smartphone and mobile internet has allowed two companies — Apple and Google — to establish market dominance with their own proprietary ecosystems, including their respective app stores. As the new distribution model for software and digital content, the app stores have centralised the vast majority of mobile revenue streams within Apple’s and Google’s platforms.  This change from the open web to privately managed walled gardens is amplifying global power imbalances, resulting in lower rates of participation and value capture by producers from marginalised geographies and socio economic backgrounds. The result: polarised opportunity between high- and low-income countries, with lower-income countries only earning an estimated 1% of global app economy revenues.

The Working Programmer - How To Be MEAN: Robust Validation with MongooseJS

Mongoose uses some interesting terminology for what’s essentially a two-step process to defining a JavaScript object model on top of the MongoDB database API. First, we define a “schema,” which looks like a traditional class from a more traditional class-based language (C#, C++, Java or Visual Basic). This schema will have fields, define types for these fields and optionally include some validation rules around the fields for when assigning values to the fields. You can also add some methods, instance or static, which I’ll get to later. Then, once the schema object is defined, you “compile” it into a Model, which is what will be used to construct instances of these objects.

Here's how the FBI plans to crack terrorist's iPhone

"They're not going to talk to the jailbreak crowd," Zdziarski said, referring to hackers who look for iOS vulnerabilities that can be exploited to let users add unsanctioned apps to an iPhone. He said that he and other reputable researchers had been turned away by the FBI when they volunteered to help. If they met a blank wall, jailbreak artists would have gotten nowhere, he reasoned. Other avenues, such as "de-capping," a term used to describe a tear-down of the iPhone's processor using acid and lasers, were also out, Zdziarski said, because they risked destroying the very thing the FBI claimed it needed, the data on Farook's phone.

The promise of big data: bringing technology and the economy together

The payoff comes from insights gleaned from collecting large amounts of various kinds of data and analysing them to uncover hidden patterns, correlations and other insights. Machine learning software can drill down into the data to discover and analyse factors determining the profit and loss for a product, supplier, and their customers. We can also see into the future, making better predictions and decisions. The result is that “quantitative change becomes qualitative”, as described by Steve Lohr in his best selling book Data-Is m”. Big data brings technology and the economy together. The benefits of a data-driven economy are obvious enough that we should all embrace the concept. For both technology companies and business firms, the market is just around the corner.

Roboadvisors stand at the vanguard of human-machine collaboration

Vanguard's financial simulation software, essentially a predictive analytics tool that runs 10,000 simulations in under than a second, forecasts future returns and generates a set of outcomes over many time horizons. The client monitors the performance of their assets as well as progress toward their goals; the human advisor reviews and rebalances their portfolio to keep them aligned with those goals. While some software robots learn by inference, their improvisational capabilities remain limited. That's where the humans come in. Marcante says the advisor also helps clients avoid making trading errors during emotional times and volatile markets, often "talking them off the ledge when the markets are down and they're supposed to be holding long-term."

Tracking the Data Science Talent Gap

How big is the data science skills gap? There are several ways to attack that problem, and a number of smart people at renowned organizations have attempted to put numbers to the problem. Back in 2012, the research firm Gartner said there would be a shortage of 100,000 data scientists in the United States by 2020. A year earlier, McKinsey put the national gap in data scents and others with deep analytical expertise at 140,000 to 190,000 people by 2017, resulting in demand that’s 60 percent greater than supply. In 2014, the consulting firm Accenture found that more than 90 percent of its clients planned to hire people with data science expertise, but more than 40 percent cited a lack of talent as the number one problem.

How developers can take advantage of machine learning on Google Cloud Platform

TensorFlow is on the academic or research side of machine learning at Google. Machine learning APIs are on the opposite side of that spectrum and require much less understanding of machine learning to implement within an application. Cloud Machine Learning, announced Wednesday, is in the middle and can extend to either side. Ferraioli said developers can use Cloud Machine learning "When you have a customized problem that you want to solve." Cloud Machine Learning is a fully managed service, and developers can train it using a custom TensorFlow graph. It offers batch and online prediction at scale and an integrated Datalab experience, but regression and classification are its two primary tasks.

Experts say Internet of Things is edging into maturity

A smart home will have between 100 and 200 connected devices. How are you going to power them all? You can’t give each a battery. You’ll need energy harvesting for this. The markets are evolving so chipsets can use energy harvesting, but that’s not available to Bluetooth yet. ... Top-down creation of a smart city may be a bit too ambitious. But building a smart home, and extending the conversations of the intelligence washing machine and solar panels with the utilities, so they interact with the grid and the sewage systems with maximum efficiency, could be a way of building a smart city by increments, from the bottom up. ... The APIs that the manufacturers will have to offer in order to create interoperability will open the gate to all that information. 

The anatomy of an Android security flaw

One is that if fast and reliable ongoing updates are important to you -- and, let's be honest, they probably should be -- you should pick a phone that's known to provide that feature. Google's Nexus devices are the safest bet, as they receive software directly from Google without any third-party interference or delays. Whether we're talking about security or broader system-level improvements, that's an extremely valuable assurance to have. Second, as we've been discussing, remember that updates on Android really aren't the same as updates on other platforms. Google knows about the challenges created by its open source setup, and that's why it's taken steps to create all the other methods of reaching users directly -- both via the security-oriented paths we've been discussing and via the company's ongoing deconstruction of Android.

The Four Concerns That Must Be Addressed Before the IoT Can Really Take Off

It won’t just be fridges; we’ll see home energy systems, security devices, entertainment products, games, interactive wearables -- the list goes on and on. The question is, is it really going to happen? And shouldn’t we be seeing greater market penetration than we already do? While the IoT is a hot topic right now, we don’t have the sort of everyday uptake internet experts have predicted. In the grand scheme of things, there really aren’t very many connected watches, thermostats, or accessories. ... This article will look at the things the IoT needs to be on the forefront of the consumer experience, including the value to the consumer, the necessity of a centralized IoT platform, a set of international communication protocols, user education and greater security.

Quote for the day:

"Bad companies are destroyed by crisis, good companies survive them, great companies are improved by them." -- A Grove