Cybercrime can cost economy up to $500B
Cybercrimes may cost the global economy US$100 billion to US$500 billion, and over 500,000 jobs in the U.S., due to various factors such as reputation damage, consumer losses, and service disruption costs.
Cybercrimes may cost the global economy US$100 billion to US$500 billion, and over 500,000 jobs in the U.S., due to various factors such as reputation damage, consumer losses, and service disruption costs.
Some 80 percent of cities in China cannot strike a balance between growing the economy and protecting the environment, but mid-sized cities are in best stead to achieve sustainable growth, reveals Accenture report.
Singapore should link up standalone e-government systems of various ministries, and integrate services with other countries to bring greater convenience to its tech-savvy citizens and enterprises.
Asian giant is second on the list of countries that are recipients of Facebook's Bug Bounty Program, where the social network paid more than US$1 million to researchers who report security bugs.
Huawei channels innovation on the fundamental level such as mathematics research and wireless algorithms, though often not acknowledged, because it leads innovation on other levels, says rotating CEO.
Despite being a stable economy where new technologies are encouraged, Singapore faces challenges as a neutral cybersecurity party due to its conservative business environment and lack of homegrown talent.
Chinese telecoms gear maker to spend on building its brand, strengthening its retail presence in country and also targets sales of 1 million smartphones in the next 6 months.
Yamada Denki is set to pack up after facing "obstructive behavior" from local firms, and boycotts from anti-Japanese sentiments due to recently escalated territorial disputes.
The industry places too much emphasis on finding out the source of cyberattacks, which does little to improve the state of security. Instead resources should be invested in security innovation around mobile, social media and cloud.
The South Korean conglomerate will award contracts for system integration, construction contracts and advertising to SMBs, and business projects to local suppliers. It also aims to complete a software innovation and development center by 2020.