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High Tech R&D in the COVID-19 Era is Crucial

https://www.technewsworld.com/story/86977.html

Maintaining and increasing research and development (R&D) spending in the COVID-19 era is critical for high technology vendors to deliver new solutions and services, continue to innovate and position their businesses to rebound from the negative effects of the global pandemic.

The COVID-19 global pandemic has been disastrous for business around the globe. The nouvel Corona virus has disrupted and continues to upend every aspect of corporate and personal daily life. Analysts and financial advisors/investors concur that wherever possible vendors should continue to aggressively invest in R&D. That is: spend money to make money. …

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Q & A: Stu Sjouwerman, CEO and Founder KnowBe4 Talks WannaCry Ransomware & Cyber Security

ITIC’s coverage areas continue to expand and evolve based on your feedback. We will now feature Q&As with industry luminaries and experts discussing hot industry trends and technologies.

Longtime security professional, Stu Sjouwerman is the founder and CEO of KnowBe4.com a “New-school” IT security firm based in Tampa, Florida. It specializes in on-demand Internet Security Awareness Training (ISAT). The company’s goal is to enable organizations to quickly solve the increasingly urgent security problem of social engineering and avoid attacks before they occur. Sjouwerman also publishes an Electronic newsletter called Cyberheist News.

Prior to founding KnowBe4.com, Sjouwerman was president, CEO and founder of Sunbelt Software – now ThreatTrack Software which makes the VIPRE security package, originally developed by Sjouwerman and his team at Sunbelt Software. For 17 years he was also the editor of the popular WServerNews electronic newsletter which had a worldwide distribution of 400,000.  ITIC recently sat down and interviewed Sjouwerman about security threats, how companies can defend themselves and avoid common mistakes.

ITIC: Tell us about KnowBe4:

Stu Sjouwerman: We are the “new school” or next generation security awareness training. Old style security tactics and training don’t cut it anymore. In the Digital Age of sophisticated and dangerous Ransomware and increasingly dangerous and prolific Cyber attacks, it’s not enough to follow dos and don’ts. KnowBe4 offers training and advice to assist businesses in combating the latest threats. For example, we will perform fully automated simulated phishing attacks. This lets corporations identify who the culprits are in advance of an attack. It’s proactive and preventive. We train people to be well aware of all of the latest threats from Ransomware to Internet of Things (IoT)-based Denial of Service (DDoS) attacks to phishing attacks that are out there. Our main focus is on phishing attacks but it’s not our only focus.

ITIC: Ransomware attacks are happening with alarming frequency and the Wanna Cry attack on Friday, May 12th was the worst yet. To date it’s infected corporations in 150 countries and over 200,000 machines worldwide. Surprisingly, Security firms have stepped in with fixes and sound advice, but the threat of Wanna Cry and other Ransomware attacks still persists. What’s KnowBe4’s position?

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Parallels Access 2.0 Adds Android Support, Lowers Pricing

Parallels Access 2.0 remote desktop application for Android and iOS tablets and smart phones is a “must have” for anyone that needs seamless, efficient remote access to PC and Mac desktop applications from Android and iOS smart phones and tablets.

Desktops to Go

Parallels, a well established and respected vendor in the remote desktop access arena for the Apple Mac, iPhone and iPad market has upped its game with the 2.0 release of its Parallels Access application (www.parallels.com/access). The newest version of the remote access package now supports Android phones and tablets. It also delivers a slew of new features for a more improved and seamless remote access experience.

At the same time, Parallels also lowered the retail pricing on the product. Parallels Access 2.0 now lists for $19.99 annually or $34.99 for two years, for individual users (with up to five computers). And finally, the company introduced Parallels Access for Business (www.parallels.com/access-business) which enables organizations to centrally assign, manage, and secure remote access to their computers. …

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Facebook IPO Flops; Can it be Fixed?

The honeymoon is over for Facebook and Mark Zuckerberg. In fact, it ended before it began.

Facebook’s long-awaited and much hyped IPO is less than a week old and the blame game is on as the company has lost nearly 20% of its value since the initial offering.

After three days of trading Wall Street’s take on Facebook has gone from jubilant to jaundiced.

The stock ended its first full day of trading at $38.23 – essentially flat from its $38 opening price though it did manage to set an IPO record for the sheer volume of trades — 567 million shares on opening day last Friday. Investors hoped for a turnaround. That never materialized. On Monday, a selloff prompted the shares to fall by nearly 11%, ending at $34.03. The news worsened Tuesday. The stock sank another eight percent down trading in the $31 – $32 range. …

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Security Wars: Time to Use Continuous Monitoring Tools to Thwart Hackers

It’s time for corporations to wise up and use the latest, most effective weapons to safeguard and secure their data.

High tech devices, software applications, Emails, user accounts, social media and networks – even those presumed safe — are being hacked with alarming alacrity and ease.

Security tools, encryption and updating your networks with the latest patches are certainly necessary, but they are not enough. Corporations must arm themselves with the latest security tools and devices in order to effectively combat the new breed of malware, malicious code and ever more proficient hackers. I’m referring to the new breed of continuous monitoring tools that identify, detect and shut down vulnerabilities before hackers can find and exploit them. …

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