Cloud Computing: 5 Cybersecurity Threats Businesses Should Watch Out for in 2016
Grazed from Tech.co. Author: Dennis Hung.
From phishing attacks to new and creative malware to infected laptops, cyber-crime is globally growing at an alarming rate. These cyber criminals are not just targeting the blue chip companies and large corporations as the media reports. According to Symantec, 43 percent of cyber-attacks in 2015 targeted small-to-medium sized businesses with around 250 to 500 workers. Experts forecast a continuation of this trend in 2016 with the global cybercrime industry growing to $600 billion a year. The weak cyber security protocols of these businesses make them easy targets. They also offer access to larger corporations and the government who are their clients.
Malware
Malware lurks in the background stealing company data such as usernames and passwords. These malware is mostly installed by unsuspecting employees. According to Blue Coat, the average data breach can cost an organization 5.4 million dollars. In April 2016, MetStar, a non-profit organization running 10 hospitals in the Baltimore and Washington area was a victim of SAMSAM ransomware that encrypted sensitive data, requiring them to pay up the amount of 45 Bitcoins (approx. US$ 18,500) for the decryption key. Luckily, the IT department was able to detect the malware and prevent it from spreading further into their internal network…
Read more from the source @ https://tech.co/cybersecurity-threats-businesses-watch-2016-05
With the launch of Densify.com, Cirba Inc. takes away the effort and time necessary to deliver highly efficient and risk-free cloud infrastructure. At the core of Densify.com is Cirba’s proven predictive analytics engine which is managed for customers by world leading Densification Engineers.
The worldwide x86 server virtualization market is expected to reach $5.6 billion in 2016, an increase of 5.7 percent from 2015, according to Gartner, Inc. Despite the overall market increase, new software licenses have declined for the first time since this market became mainstream more than a decade ago. Growth is now being driven by maintenance revenue, which indicates a rapidly maturing software market segment.
The 
vArmour, the leading data center and cloud security company providing application-aware micro-segmentation with advanced security analytics, today announced that Gartner has named the company a "Cool Vendor in Cloud and Emerging Technology Security, 2016." vArmour is honored to be included among five security ecosystem providers that offer innovative new technologies to address organizations’ demand for agile, comprehensive and cost-effective security solutions to protect cloud and data center environments.
Microsoft Korea CEO Ko Soon-dong had a press conference in Seoul on May 11 and announced that Microsoft would provide more stable and fast cloud computing services by opening new data centers in Seoul and Busan early next year with demands for cloud computing services on the rise in the Asia-Pacific region including South Korea.
Following a report this afternoon by software management and analytics tools maker New Relic (NEWR) of fiscal Q4 revenue that topped analysts’ expectations and a an outlook for this quarter and the year above consensus, CEO Lew Cirne was kind enough to spend a few minutes talking with me by phone.
Leading Chinese technology firm, Huawei, has described cloud technology as the future of entrepreneurship, adding that hardware innovation, software re-architecture, and data intelligence have become the three most important factors for business success. It stated this during its second Open Cloud Congress West Africa summit in Lagos, with the theme, ‘Transforming with Cloud: Setting New Benchmark.