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New Research Reveals 56% Rise in Cost of Cybercrime

New research indicates cyberattacks increasingly plague businesses and government organizations, resulting in significant financial impact, despite widespread awareness. Conducted by the Ponemon Institute, the Second Annual Cost of Cyber Crime Study revealed that the median annualized cost of cybercrime incurred by a benchmark sample of organizations was $5.9 million per year, with a range of $1.5 million to $36.5 million each year per organization. This represents an increase of 56 percent from the median cost reported in the inaugural study published in July 2010. more

Google Objects to Hostile Organized Campaign Against Android; Accusing Microsoft, Apple, and Others

Google has accused Microsoft, Oracle, Apple and other companies for waging an organized campaign against Android through "bogus patents". Google's Senior Vice President and Chief Legal Officer, David Drummond, in a blog post yesterday wrote: "I have worked in the tech sector for over two decades. Microsoft and Apple have always been at each other's throats, so when they get into bed together you have to start wondering what's going on. Here is what's happening..." more

ANA “Vigorously” Opposes Implementation of ICANN’s New gTLD Program, Citing Major Flaws

In a letter to Mr. Rod Beckstrom, President, Internet Corporation for Assigned Names and Numbers (ICANN), the Association of National Advertisers (ANA) has expressed major flaws in ICANN's program for introducing new generic Top-Level Domains. A program which ANA warns would allow as many as 1,000 new Top-Level Domains in the first year and the same cap every year thereafter. more

Another Day, Another Set of Hacking Attacks. News At 11.

While reading Reuters I came across a news article indicating that a number of high profile agencies - from the United Nations to the Canadian Government to government of Taiwan - were broken into over a period of the past five years. ... I'll say it right now, even though I haven't been briefed on it. It was China. more

US Department of Transportation Seeking Help for Motor Vehicle Cybersecurity Safeguards

The U.S. Department of Transportation (USDOT), Research and Innovative Technology Administration (RITA) and Volpe National Transportation Systems Center (Volpe Center), today released a Request for Information (RFI) seeking to obtain informed views on the "perceived needs, prevailing practices, and lessons learned concerning the cybersecurity and safety of safety-critical electronic control systems used in various modes of transportation and other industry sectors."
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Web.com to Acquire Network Solutions

Internet's oldest domain name registrar, Network Solutions, today announced that it has agreed to be acquired by Web.com. Network Solutions was founded in 1979 and pioneered the domain name registration business. In addition to domain name registration, the company also offers services such as web site design and hosting, e-commerce solutions, online security products, SSL certificates, and search engine marketing and optimization. According to Network Solutions, the company manages over 7 million domains, 3 million email boxes and more than 400,000 web sites. more

Smartphones: Too Smart for Mobile Operators?

In June, the net neutrality debate took an unexpected turn when the Netherlands leap-frogged the USA to became the first country to legislate for mobile net neutrality. Business models for fixed and mobile networks must shift toward volume charges. The net neutrality debate has been seen not having much relevance outside the USA because the plight of carriers there was aggravated by unlimited usage. more

Cloud Brokerage and Other Business Opportunities

The market for cloud computing is getting more interesting every day. There is still a long way to go, as the success of cloud computing depends not only on high-speed networks, but also on capacity, robustness, affordability, low latency, ubiquity, security, privacy and reliability. Of course, the ideal infrastructure would be nationwide FttH networks, but obviously we can't wait for that... more

.Nxt - You Are All Cordially Invited

There are only a few occasions in any of our lifetimes where what we know and have grown used to is turned on its head. We have now lost the generation that heard radio for the first time; there are only a few who can recall the first television pictures; but many, many more saw color appear on their screens for the first time. more

Comparing IPv4 and IPv6 Performance

The active measurements the RIPE NCC carried out on World IPv6 Day on 8 June 2011 included ICMP (Internet Control Message Protocol) and ICMP6 (ICMP for IPv6) measurements from our vantage points to selected hostnames of World IPv6 Day participants and other dual-stacked parties. We used these measurements to determine the performance of IPv4 versus IPv6 connections. more

Sites Under gb.com Go Offline Amidst Legal Battle Over Domain

Kevin Murphy reporting in DomainIncite: "Thousands of companies that use the pseudo-top-level-domain .gb.com have gone offline due to a legal fight between the registry and its founder. CentralNIC sells third-level gb.com domains as a 'Great Britain' alternative to .co.uk. A Google search reveals a great many small businesses use the extension for their web sites. They're all out of luck today."
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Verisign Announces CEO Resignation

In its second quarter 2011 earnings call, Verisign announced that Mark McLaughlin has submitted his resignation to become the CEO of a private company. His last day with the company will be August 25, 2011. Mark concluded his board service at the regularly scheduled board of directors meeting on July 27, 2011 and resigned as president and chief executive officer effective August 1, 2011. Jim Bidzos, Verisign's founder and previous CEO, will become the president and chief executive officer effective August 1, 2011. more

DNSSEC Baby Steps Reported at ICANN 41

The Internet is slowly beginning to adopt the new DNSSEC domain names standard, but significant challenges remain. That was the main takeaway from a four-hour workshop on the technology held during the recent ICANN 41 public meeting in Singapore, which heard from many domain registries, registrars and other infrastructure providers. more

Cybercrime Losses Overestimated, Say Researchers

Cybercrime losses may be erroneously overestimated as most information available on cybercrime losses are derived from surveys, argue two researchers in a recent paper titled, "Sex, Lies and Cybercrime Surveys". Dinei Florencio and Cormac Herley from Microsoft Research examine some of the difficulties of forming an accurate cybercrime estimate by survey. more

Six Key Issues About Operating a TLD Registry

Brand owners unfamiliar with the domain name system (DNS) are hearing that their first step in registering a top level domain (TLD) is to select a back-end TLD registry provider. The fear instilled in them is that if they don't act quickly, all available service providers will have reached their capacity. Given ICANN's tight and inflexible application submission schedule, brands don't want to be left at the starting gate. more