Enterprise IT
Top stories summarized by our editors
2/21/2018

IBM has announced added upgrades to its Spectrum Storage line, including a software-defined network attached storage, data compression software and added security for VMware virtual machines. Chief Marketing Officer Eric Herzog said the company wants to add more partners to expand to even more features.

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Channel Futures
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IBM, Eric Herzog
2/21/2018

A North Korean hacking group known as Reaper has been spying on multinational corporations, according to a FireEye report. While the affected organizations weren't named, FireEye's John Hultquist says that Fortune 500 companies are being targeted and predicts that the hackers will become more aggressive.

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CNN
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FireEye
2/21/2018

An unsecured open-source Kubernetes cloud platform used by Tesla exposed credentials for the company's Amazon Web Services resources. Mining scripts used for cryptojacking were discovered, and sensitive data was exposed, researchers found.

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ZDNet
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Tesla
2/21/2018

Organizations are moving toward a compliance-first strategy, and while compliance is important, it should be a subset of the security strategy, writes Jim Kennedy. "Instead of firewalls, network protocols and IoT gateways, organizations should consider data assets and applications; and then determine which user roles require access to those assets," he writes.

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CSO
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Jim Kennedy
2/21/2018

Attorney General Jeff Sessions announced the creation of a task force that would focus on global cyberthreats to election systems and critical infrastructure. Representatives from the Department of Justice will be part of the task force and will report their findings in June.

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Reuters
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Department of Justice
2/21/2018

Apple is considering a proposal to purchase large quantities of cobalt for its device batteries directly from miners instead of purchasing the metal from battery companies, sources say. More than 55,000 tons of cobalt were used in lithium-ion batteries last year, and that number is expected to reach more than 324,000 tons by 2030, according to Darton Commodities.

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Apple
2/21/2018

Cybersecurity firm Carbon Black has named former Trend Micro executive Tom Kellermann as the company's chief cybersecurity officer. Carbon Black is reportedly looking to issue an initial public offering soon or be acquired a company such as IBM or Microsoft.

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Fortune
2/21/2018

Qualcomm has increased its bid to acquire NXP Semiconductors as it contends with a takeover bid from Broadcom. A provision of Broadcom's takeover bid stipulates that Qualcomm not increase its offer for NXP.

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Reuters
2/20/2018

Qualcomm raised its offer to buy NXP Semiconductors to $44 billion as the chipmaker attempts to evade a hostile takeover from Broadcom. Several shareholders backed Qualcomm's new bid, including Elliott and Soroban Capital Partners.

2/20/2018

Nuance announced it will no longer work on developing the Swype+Dragon dictation apps for Android and iOS devices. The company will instead focus on its B2B business and technology for the health care field.

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TechCrunch
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Nuance