On the Internet, real estate is cheap, but there's a lot of it. Can you make money collecting a few dollars' rent from millions of tenants?
Investors may get a better sense of how the Internet real estate business works if GoDaddy.com, the Web's biggest landlord, decides to go public. The company, which declined to comment for this story, has reportedly hired Lehman Brothers to conduct an IPO. more»
China and the United States will set up a working group on cybersecurity, U.S. Secretary of State John Kerry said on Saturday, as the two sides moved to ease months of tensions and mutual accusations of hacking and Internet theft. Speaking to reporters in Beijing during a visit to China, Kerry said the United States and China had agreed on the need to speed up action on cyber security, an area that Washington says is its top national security concern. more»
Reported today on mobiThinking blog, the number of smartphones in use worldwide has now broken the 1 billion mark, according to Strategy Analytics. "That is a stunning landmark... It is an awful lot of smartphones. It is equivalent to one seventh of the global population and one sixth of mobile phone subscribers. But it is a lot less smartphones than some people have been reporting. Barely a day goes by without some ludicrous estimate of smartphone penetration." more»
For many critics, the United Nations-sponsored Internet Governance Forum (IGF) is nothing more than a hot-air event void of any decision-making power. But advocates see the meeting, the first to follow last year's contentious World Summit on the Information Society (WSIS), as an opportunity to set the tone for future discussions on who should govern the Internet and how. more»
A recent survey of security professionals by RSA Conference with regards to critical security threats and infrastructure issues currently faced, revealed budgetary constrains as the top challenge currently faced. According to reports, the study suggests that even though practitioners are most concerned about email phishing and securing mobile devices, technologies addressing these needs are at risk of being cut from IT budgets. 72% percent of respondents indicated a rise in email-borne malware and phishing attempts since Fall 2008, with 57% stating they have seen an increase in Web-borne malware. Concerns about zero-day attacks and rogue employees as a result of layoffs were cited by 28% and 26% of survey respondents, respectively. more»
BBN Technologies, an advanced technology solutions firm, has been awarded $4.4 million in funding from the Defense Advanced Research Projects Agency (DARPA) for a Scalable Network Monitoring program. "Scalable networking monitoring has become necessary as cyber attacks have grown more subtle and sophisticated," says BBN's announcement. "New technologies and applications provide new attack routes and have made traditional signature-based and anomaly detection-based defensive measures inadequate in both speed and sensitivity. To be effective in today's networks, detection algorithms must operate quickly, efficiently, and effectively in large, content-rich environments. To meet this challenge, the BBN team will develop a complete solution that is intrinsically scalable, designed for ultra high-speed deployment, and produces events that can be correlated with other network events to provide true positive alerts." more»
In a hugely significant move, .uk registry Nominet has signed up to internet overseeing organisation ICANN and put to bed a historic battle between the US not-for-profit company and managers of country-specific internet domains.
The decision to go through with an "exchange of letters" where ICANN recognises Nominet as the owner of the .uk registry and Nominet recognises ICANN as the global technical body of the internet follows a decision by the ICANN Board to give ccTLDs greater autonomy within ICANN. more»
Despite being a respectable start, security experts call the report overheated and "clear as mud"... while many experts applaud this new focus as vital to protecting critical U.S. infrastructure and economic institutions, some analysts have noted that the report fails to answer many key questions, contains a number of inconsistencies and possible inaccuracies, and generally exaggerates the threat to the country. "It's a plan for a plan," said O. Sami Saydjari, chairman of the Professionals for Cyber Defense. "Given how bureaucracies work, they tend not to come up with bold plans in 60 days. The hard problems have yet to be grappled with." more»
Governments, business, academia and civil society have reached an uneasy truce at the end of two days of meetings over the creation of a new global body for the Internet.
There remain a number of large issues to be agreed but, thanks to some heavy prodding by UN special adviser Nitin Desai, enough agreement was reached for a first report to be sent to UN secretary-general Kofi Annan. more»
The popular concept of the cyber-attacks launched by Russia against Estonia and Georgia in recent years is that an army of volunteer hackers bombarded government computers in those target countries with disabling botnet attacks. But the reality is that most of the cyber-pain suffered by Estonia, for example, was caused when the U.S. and European banking system chose intentionally to cut off Estonia from the Internet-based financial clearing networks, because the networks couldn't distinguish bona fide transactions emanating from Estonia from botnet-induced bogus transactions. more»
The latest issue of Policy Review from the Hoover Institution, a public policy research center -- focused on advanced study of politics, economics, and political economy -- has an essay titled eWMDs – electronic weapons of mass destruction. The Policiy Review readers are warned that botnets should be considered a serious security problem and that "cyber attacks present a grave new security vulnerability for all nations and must be urgently addressed." more»
Mary Iqbal writes to report that ICANN has released the fourth round of Initial Evaluation results, bringing the total number of applications that have passed the Initial Evaluation phase to 131. ICANN is targeting completing Initial Evaluation for all applicants by August 2013. more»
Senator Gordon Smith, an Oregon Republican, questioned why VeriSign should have what critics have called a guaranteed perpetual income stream from .com domain registrations. The company currently receives $6 per domain, or about $323.4 million a year, from .com fees alone. more»
President Barack Obama has introduced a cybersecurity executive order in his state of the union address on Tuesday that offered a broad outline of how the government plans to deal with cyber threats. The eight-page document outlines a process that allows government agencies to work with private industry to combat cyber threats, while seemingly addressing concerns of citizen privacy. Past legislative attempts at cybersecurity have been criticized by groups who believe bills like Cispa violate privacy by allowing information-sharing between private industry and the government. more»
...In tests, the researchers were able to do things like change firmware and redirect a D-Link Systems DI-524 wireless router to look up websites from a DNS server of their choosing. more»
Minds + Machines