Business Topics

Feb 15, 2015

Over 100 banks hit by sophisticated cyberattack: report

A sophisticated global cyberattack struck more than 100 banks in 30 countries stealing hundreds of millions of dollars, The New York Times reported Saturday. Citing a soon to be released report from computer security company Kaspersky Lab, the newspaper said the attack involved malicious ...

Visa to fight fraud with apps

Feb 14, 2015

Visa to fight fraud with apps

The days of calling your bank to tell them that yes, you really are in Thailand and yes, you really did use your credit card to buy $200 in sarongs may be coming to an end. The payment-processing company Visa will roll out a ...

Apple has hundreds working on secret project to create car

Feb 14, 2015

Apple has hundreds working on secret project to create car

Apple Inc. has a secret lab working on the creation of an Apple-branded electric car, the Wall Street Journal reported Friday, citing people familiar with the matter. The project has designed a vehicle that looks like a minivan, the newspaper quoted one person as ...

Feb 13, 2015

Obama to encourage companies to share cyberthreat data

President Barack Obama is set to sign an executive order on Friday aimed at encouraging companies to share more information about cybersecurity threats with the government and each other, a response to attacks like that on Sony Entertainment. The order sets the stage for ...

Feb 11, 2015

IBM brings Watson supercomputer to Japan via SoftBank

IBM announced plans Tuesday to bring its Watson supercomputer to Japan with mobile telecom group SoftBank, in a deal aimed at developing new applications for robotics and other services. “IBM is teaching Watson to speak, and think, in Japanese, one of most difficult languages ...

Feb 10, 2015

Hitachi unit's wearable sensor measures corporate activity levels

Hitachi High-Technologies Corp. has developed a wearable sensor for measuring employee activity levels that are closely linked to corporate productivity. The name tag-type sensor can be used to obtain data for analysis of human actions such as walking, nodding and typing. Activity levels can ...

Feb 10, 2015

Your TV may be eavesdropping on you, Samsung warns

Watch what you say in your living room. Samsung’s smart TV could be listening. And sharing. Voice recognition technology in the South Korean company’s Internet connected TVs can capture and transmit nearby conversations. The potential for TVs to eavesdrop is revealed in Samsung’s smart-TV ...

Tokyo cybersecurity contest draws hackers from around the world

Feb 7, 2015

Tokyo cybersecurity contest draws hackers from around the world

A cybersecurity competition began Saturday in Tokyo, with organizers aiming to show off the skills of young Japanese hackers by testing them against international rivals. The final rounds of the Security Contest 2014 (SECCON) brought together 90 participants in 24 teams from seven nations ...

Feb 6, 2015

U.S. states probe massive data breach at health insurer Anthem

Several U.S. states are investigating a massive cyberattack on No. 2 U.S. health insurer Anthem Inc. that a person familiar with the matter said is being examined for possible ties to China. Anthem disclosed the attack late Wednesday, saying unknown hackers had penetrated a ...

Jan 28, 2015

Linux makers release patch to thwart new 'Ghost' cyberthreat

Red Hat Inc. and other makers of the widely used Linux operating system for business computers updated their software on Tuesday to thwart a serious new cybe threat they warned could allow hackers to gain remote control of their systems. The previously undisclosed vulnerability, ...