Craig Labovitz reporting today on Arbor Networks blog: "In their earnings call last week, Google announced a record 2010 third-quarter revenue of $7.29 billion (up 23% from last year). The market rejoiced and Google shares shot past $615 giving the company a market cap of more than $195 billion. This month, Google broke an equally impressive Internet traffic record -- gaining more than 1% of all Internet traffic share since January. If Google were an ISP, as of this month it would rank as the second largest carrier on the planet..." more
Recent statistics from the Bureau of Labor Statistics' Consumer Expenditure Survey has shown that American have been increasingly spending on mobile phones from 2001 through 2007. BLS data indicates cellular phone expenditures surpassed spending on residential landline phone services beginning in 2007. From the report: "In 2001, the ratio of spending on residential phone services to spending on cellular phone services was greater than 3 to 1. In 2007, cellular phone expenditures accounted for 55 percent of total telephone expenditures compared to 43 percent for residential phone expenditures. The distribution of telephone service expenditures between residential telephone/pay phone services and cellular phone services changed significantly in all age groups since 2001." more
Bangladesh's central bank governor has resigned today amidst theft of $81 million from the bank's U.S. account, as details emerged in the Philippines that $30 million of the money was delivered in cash to a casino junket operator in Manila. more
According to a recent security report, Spain and the United States are the leading countries when comes to bot-infected computers. Based on data compiled from October by PandaLabs, the research arm of Panda Security, an alarming 44.49% of computers in Spain are infected with bots and United States -- a long way behind -- at 14.41%, followed by Mexico 9.37% and Brazil 4.81%. Countries least infected include Peru, the Netherlands and Sweden, all with ratios under 1 percent. more
n a report released today by the Free Press, Derek Turner, Research Director argues that, in light of recent FCC ruling against Comcast, it is a "false choice" to believe that "because application blocking is out of bounds, providers now will be forced to use some type of 'metering' to control network congestion." In other words, if ISPs are not allowed to block applications, then usage-based pricing is NOT their only other viable option, asserts Turner. more
"The 2016 presidential election is likely to have a major impact on how the US government tries to expand broadband deployment and how it regulates Internet service providers," writes Jon Brodkin in Ars Technica. more
"The ability for the government to sanction cybercriminals will last for at least one more year," Martyn Williams reporting form IDG News Service. 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
The instruction, issued by the Cyberspace Administration of China, came only a few days after Xu Lin, formerly the deputy head of the organization, replaced his boss, Lu Wei, as the top gatekeeper of Chinese internet affairs. more
The Internet Association today released a policy roadmap detailing a roadmap for the incoming administration and Congress. more
While Russia and Ukraine are generally regarded as today's main cybercrime hubs, "a lot of their infrastructure is housed in the west, in the United States to be precise," writes Vincent Hanna of Spamhaus Project. "Without exception, all of the major security organizations on the Internet we know of agree that the 'Home' of cybercrime in the western world is a place known as Atrivo/Intercage. We ourselves have not come to this conclusion lightly but from many years of dealing with criminal operations hosted by Atrivo/Intercage, gangs of cybercriminals -- mostly Russian and East European but with several US online crime gangs as well -- whose activities always lead back to servers run by Atrivo/Intercage..." more
Production at a Honda domestic vehicle plant was halted for a day this week as a result of the discovery of WannaCry ransomware in the computer network, the company reports. more
Google yesterday dove deep into its Chrome notebook project at its annual Google I/O conference. The company has had the notebook operating system in beta for almost two years now. Google announced the first market-ready Chromebooks from partners Samsung and Acer. The Chrome OS is dependent on the cloud for storage and various web-based applications. The result is a machine that boots in a matter of seconds and carries very little in the line of native hardware. more
In the "Sate of the Internet Report" released by Akamai for the first quarter of 2009, the company reports that, on a global basis, the average connection speed increased by approximately 11% and more than 120 countries had average connection speeds under 1 Mbps (report based on date Q4 2008 through Q1 2009). Through Akamai's view of the Internet traffic (reported at approximately 1 billion users per day), the company also notes that in the first quarter of 2009, Japan had the highest percentage of connections (57%) at speeds above 5 Mbps while South Korea fell to second place for high broadband connectivity in the first quarter. more
"Three years after hackers used a spearphishing attack to successfully gain access to internal data at the Internet Corporation for Assigned Names and Numbers (ICANN), the data is still being passed around and sold on black markets for $300, complete with claims that it’s never been leaked before," reports Patrick O'Neill in CyberScoop. more
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