Microsoft updates PowerApps and Flow with a focus on deeper integrations and advanced workflows

 Microsoft today is launching a couple of major updates to PowerApps, its low-code service for quickly building line-of-business applications, and Flow, its business-centric IFTTT competitor. While these are obviously two very different applications, the general idea to allow businesses to leverage the data that they already generate is similar across both projects.
Ryan Cunningham… Read More

Mitel to buy ShoreTel for $430 million to create unified communications powerhouse

Streaks of colored lights race beneath the clouds and over an urban scene in a metaphor for cloud computing and communications technology. Sometimes combining two companies that compete in the same market provides a quick way to leapfrog your market share. That was likely the thinking behind Mitel’s decision to buy ShoreTel this morning for $430 million. Combining the two companies catapults Mitel to number two in the Unified Communications as a Service (UCaaS) market, according to the company. As for ShoreTel, while it… Read More

Peer5 raises $2.5M for its peer-to-peer approach to streaming video

 Peer5, which helps publishers stream video to large audiences, is announcing that it has raised $2.5 million in seed funding. I wrote about the startup earlier this year when it was part of Y Combinator. CEO Hadar Weiss said he raised the funding after YC Demo Day from investors including FundersClub, Oriza Ventures, Tank Hill Ventures, Leorsa Group, Ed Roman and Buddy Anheim. In… Read More

New Trojan Attacks Point-Of-Sale Systems Seeking Card Info

There’s a new piece of malware to worry about called “Neutrino,” and it represents an especially troubling development. It’s a fork of an older, well-developed banking Trojan called “Zeus,” and its designers have gone to great lengths to make sure that it remains undetected for as long as possible so it has more time to do its work. Unlike its parent, this one is designed to infect Point-Of-Sale (POS) systems where it harvests credit card data to send back to its controller.

One of the main things that makes Neutrino so difficult to spot is that once it infects a target system, it goes into an extended hibernation, so as to throw antivirus software and other security scans off its scent. After its specified hibernation period ends, it wakes up and contacts its Command and Control server, run by the software’s controller.

Among other things, Neutrino can:

• Make screenshots
• Search processes by name
• Search files by name on any infected host and send them back to the C&C Server
• Download and execute files sent from the C&C Server, either to spread the infection, or to cause damage to the system
• Change register branches

To steal credit card information, it searches the memory pages and collects information for the strings “Track1” and “Track2” which contain the information normally held by the magnetic stripe on the credit cards run through the system.

Once it has this data, it’s a simple matter to send it back to the C&C Server at whatever interval the hacker has specified.

According to researchers at Kaspersky Labs, for the moment, the largest concentration of infections is in Russia and Kazakhstan, but that could change in the blink of an eye.

At present, companies that sell antivirus software are working to update their databases to detect this latest threat, but of course, that’s an uphill battle. The hackers will merely create a new, undetectable variant, and the cycle will continue. For now, just be advised that there’s yet another threat to worry about, and stay on your guard.

Used with permission from Article Aggregator

Sage Group buys Intacct accounting software for $850M

 British enterprise software company Sage Group has agreed to purchase Intacct, a 19-year-old accounting software company, for $850 million, the companies announced today. A cash and stock transaction, the deal aims to help build out Sage’s cloud financial management offerings. Read More

OpenText acquires forensic security vendor Guidance Software for $240 million

 OpenText, the content management company based in Waterloo, Ontario announced today that it was buying Guidance Software, a forensic security and eDiscovery vendor for $240 million.
OpenText agreed to pay Guidance shareholders $7.10 a share. The price will be less Guidance’s cash on hand of approximately $18 million, making the final price just around $222 million, according to OpenText. Read More

Microsoft’s new Azure Container Instances make using containers fast and easy

 Barely a day passes without some news about containers and that speaks to how quickly this technology is being adopted by developers and the platforms and startups that serve them. Today it’s Microsoft’s turn to launch a new container service for its Azure cloud computing platform: Azure Container Instances (ACI). The company also today announced that it is joining the Cloud… Read More

Linux Gets Its Own Wannacry-like Variant

If you thought we’d seen the last of the Wannacry ransomware, think again. Recently, a new threat has been discovered that targets Linux users.

It should be noted up front that “SambaCry” is not a variant strain of the aforementioned ransomware, but rather, a security flaw in Linux that mirrors the one Wannacry used to exploit Windows-based systems. The vulnerability, officially named CVE-2017-7494. was dubbed SambaCry because of those similarities.

Normally, Linux users avoid the kinds of security issues that plague Windows-based machines, but this is a bit of a different case, and here’s why:

There’s a Linux service called Samba Server Service which provides SMB/CIFS capabilities in Linux and Unix-based systems. While it’s true that Linux can use any number of file sharing protocols, Samba is often used in environments featuring a mix of Linux and Windows PCs, because Windows PCs have a hard time dealing with Network File System Shares coming from machines running other OS’s.

When a Linux server is running Samba, some folders (called CIFS Shares) will appear as a network folder to Windows users.

The security flaw allowed a remote user to send executable code to the server hosting the share, including code which could encrypt a file system and hold it for ransom.

As you might expect, the Linux crowd treated this as a top priority and has already moved to patch the flaw.

The long and the short of it is simply that if you’re running a Linux server and using Samba, you’re probably vulnerable unless you’ve downloaded and applied the latest security patch. If you haven’t, you should do so immediately.

While Linux users have been fortunate to have suffered relatively fewer critical security flaws, this is a painful reminder that as good as the OS is, it’s not bullet proof.

Used with permission from Article Aggregator

Iguazio nabs $33M to bring big data edge analytics to IoT, finance and other enterprises

 Big data analytics — where vast troves of information are structured and used to help businesses gain more insights into their operations and customers, to develop new products, and to run more efficiently — are a cornerstone of how many tech-centric enterprises run their businesses today. Now the focus is on building solutions that the rest of the enterprise world can use, even if… Read More

SimilarWeb raises $47M at valuation approaching $800M to take on Nielsen in digital market intel

 Companies are increasingly dependent on digital platforms for their business growth, and that is giving a boost to analytics firms that are helping them make better sense of that digital landscape. SimilarWeb — which offers analytics and insights about the performance of websites and apps, as well as competitive intelligence about how other apps and sites are doing (covering 80… Read More