Blockchain is coming to telecoms

Japanese technology giant SoftBank is partnering with US telco Sprint and software company TBCASoft to develop a blockchain solution for telecommunication carriers. The three companies will collaborate on research and development. The results will see TBCASoft, a new start-up business, develop a cross-carrier blockchain platform. The press release is light on detail around the platform. This…

Chubb calls in IBM for Cloud and security

  Insurance company Chubb has signed a multi-year services agreement with IBM. That agreement will see IBM deliver cloud services, storage and cybersecurity protection for Chubb. According to Philip Guido, General Manager, IBM Global Technology Services, North America: “This agreement demonstrates how global organizations are utilizing hybrid cloud environments to quickly integrate business-critical data and…

Mirai botnet panic is overstated

Kaspersky Labs has moved to calm the panic over the discovery of an advanced Windows botnet spreading the Mirai malware. It has issued both a press release and a more detailed blog on the subject. The language used in the press release and the blog are at odds with each other which doesn’t help. However,…

Private Equity gets Blockchain technology

Northern Trust and IBM have announced the first commercial deployment of blockchain technology for the private equity market. The goal is to increase security and transparency of asset management and trading. The solution was jointly developed by Northern Trust and IBM using the open source Hyperledger Fabric. It is deployed by Unigestion who are based in Geneva, Switzerland.…

University launches Innovation for Health

Surrey University has launched its Innovation for Health programme. It is aimed at the training graduates to work in both the health and engineering sciences. The goal is to deliver engineers who can build the next generation of healthcare devices. According to Professor Max Lu, President and Vice Chancellor of the University of Surrey: “The Innovation…

Startups get legal help to Grow

Commercial law firm Browne Jacobson is launching a new service for startups. It is targeting startups that it believes have high-growth potential with its new Grow service. Grow launches on Thursday 23rd February at the NewFinance FinTech Open Mic event. Browne Jacobson will provide a dedicated lawyer, below partner level, to work with qualifying startups. A statement…

NEC delivers ASEAN cybersecurity training

NEC has been awarded a contract to train officials from six ASEAN nations in cyber-attack defence. The contract was awarded by the Japan International Cooperation Agency (JICA). The news comes two weeks after Cyberbit won a deal with Ni Cybersecurity. The focus of that deal was to train cybersecurity staff prior to the 2020 Olympics.…

Entrepreneurial Spark fires up jobs

Entrepreneurial Spark Powered by NatWest, part of the embattled RBS Banking group, has published its Impact Report 2017 today. The report focuses on the success of the Entrepreneurial Spark scheme for start-up and scale-up businesses. Among the successes the report lists are £151 million in investment raised and that 85% of businesses are still trading.…

RDPPatcher – a gateway cyberattack

PandaLabs is warning of the risks of malware using Remote Desktop Protocol (RDP). Last year it highlighted an attack that used RDP and then installed the Crysis ransomware. This time it has detected hackers selling on access once they have finished gathering details about the machine. The attack starts with a brute force attack against user…