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Ockam raises $4.9 million in seed funding to make it easier for developers to secure and scale their IoT apps – TechCrunch

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Ockam, a two-year-old, Bay Area-based company thats selling tools to developers so they can establish an architecture for trust within their connected device applications, has raised $4.9 million in seed funding, including from Core Ventures, Okta Ventures, SGH Capital, and Future Ventures.

This serverless platform for IoT development is being led by CEO Matthew Gregory and CTO Mrinal Wadhwa, two cofounders with noteworthy backgrounds.

Before launching Ockam in the fall of 2017, Gregory was an intrapreneur at Microsoft, where he says he helped lead Azures pivot into open source software and container services. He also spent a couple of years at Salesforce as a product manager and, interestingly, spent a few years years ago as a system engineer working for Stars & Stripes, a syndicate of the yacht-racing competition Americas Cup where he tells us he led an engineering effort to build custom systems of sensors, analytics software and wireless communications tools needed to help the racing team make better decisions.

Wadhwa was meanwhile the CTO of another privately held IoT company, Fybr, that promises real-time data analytics capable of decision making at the edge (versus in the cloud).

Some of what the startup is promising is that, using its technology, IoT systems developers will be able to build more scalable connected systems as well, crucially, as more secure ones How? Partly through crytpographic keys and partly by assigning credentials to different entities, from devices to people to assets to services.

The company is one of a growing spate of companies hoping developers will increasingly turn to them instead of building out their own software infrastructure.

For example,Particle, a seven-year-old, San Francisco-basedplatform forInternet of Things devices that has ambitions similar to those of Ockam, recently closed on $40 million in funding in a round that brought its total funding to $81 million).

Ockam raised its seed funding over two tranches, including a $3.2 million round that closed in May and an additional $1.7 million injection from Future Ventures in more recent weeks.

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Ockam raises $4.9 million in seed funding to make it easier for developers to secure and scale their IoT apps - TechCrunch

Enforcing Full Disk Encryption on Macs: The IT Guide – Security Boulevard

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By Megan Anderson Posted November 25, 2019

Full disk encryption (FDE) is one of the most valuable security measures an IT organization can enforce to keep their confidential information secure. Apple has made it relatively straightforward to implement FDE with its bundled solution, FileVault2, but the challenge for IT admins is to implement it in a scalable way throughout their enterprises. Here, we will guide you on how to make implementation of FDE on macOS systems more manageable.

The short explanation of full disk encryption is that its the process of converting on-disk data into unreadable code that cannot be deciphered by anyone unauthorized to access it. When FDE is enabled through a software like FileVault2, users can decrypt the information on their macOS system by entering the correct password or providing their recovery key. Without the recovery key or any form of backup authentication, the data on a users Mac device could be lost.

Full disk encryption on macOS is enabled through FileVault2, which can be turned on for a user as long as they have a Secure Token. (Without a Secure Token on modern macOS versions, FileVault2 cannot be enabled for a user.) The most straightforward method to obtain Secure Tokens for users is to create users manually on their device. Users with Tokens can be made remotely, albeit with a few extra steps.

Once FileVault2 is enabled, a recovery key is generated for the user. That recovery key is the only way to decrypt the Mac should the user be locked out of their account for a number of reasons, among them hacking attempts, losing their password, or losing their device. There are different methods for integrating Macs into an IT environment depending on whether or not there is a directory service in place and which directory service if any is being used.

Without a directory, enforcing FDE on a fleet of Macs can be very time consuming and complicated. First, you must enable (Read more...)

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Enforcing Full Disk Encryption on Macs: The IT Guide - Security Boulevard

Fortinet took 18 months to strip software of flawed crypto cipher and keys – The Daily Swig

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Major information disclosure and eavesdropping slipup now fixed

UPDATED Cybersecurity vendor Fortinet took 18 months to strip its software of a flawed crypto cipher and hardcoded cryptographic keys, a security researcher has revealed.

A weak encryption cipher (XOR) and static cryptographic keys from three different Fortinet products had left users temporarily vulnerable to eavesdropping and manipulated server responses, the California-based company admitted in a security advisory published last week.

Impacted products included the FortiOS for FortiGate firewalls and FortiClient antivirus software for Mac and Windows, which used the XOR and hardcoded crypto keys to encrypt user traffic to and from FortiGates cloud-based Web Filter, anti-spam, and antivirus features.

System administrators with FortiOS 6.0.6, FortiClientWindows 6.0.6 or FortiClientMac 6.2.1 and below have been advised to upgrade immediately to the latest versions, which are free of the static encryption keys.

Unfortunately, it took Fortinet, which claims to have 375,000 customers, 10 months to release any fixes after initially being notified of the vulnerability by Stefan Viehbck, a researcher at SEC Consult.

In a recent blog post, Viehbck details how he had notified the company of the major security slipups in May of last year.

It then took another eight months before a final patch was issued, Viehbck said.

Once intercepted, Viehbck surmised, protocol messages containing product serial numbers could identify which Fortinet products an organization used.

Citing the Equation Group-Fortigate exploit as an example, he described such information as valuable for information gathering.

Attackers could also leverage the FortiClient serial number as a unique identifier to track an individuals geographic movements.

Sent for testing to the Web Filter, full HTTP and even HTTPS links would be exposed too.

And attackers could obtain email data and antivirus data sent for testing to, respectively, the anti-spam and antivirus features, said Viehbck.

Johannes Greil, principal security consultant at SEC Consult, told The Daily Swig that an active man-in-the-middle attack wasnt necessary to access information sniffing on some gateway/router would suffice but would allow an attacker to manipulate those messages sent between the Fortinet software and the backend.

He also noted that some nation-state cyber surveillance programs also have the capability to monitor internet traffic.

Fortinet's advisory said attackers with knowledge of the key could decrypt and modify URL/SPAM services in FortiOS 5.6, URL/SPAM/AV services in FortiOS 6.0, and the URL rating in FortiClient.

Despite a promising start a same-day acknowledgement of his advisory on May 17, 2018 Viehbck indicated that he only received a follow-up confirming that a fix was being devised three weeks later after he twice informed the company that he would have to publicly disclose the bug.

But despite the initial hiccups, Greil praised Fortinet PSIRTs handling of communication and information exchange during the vulnerability resolution phase.

It took Fortinet until November 13 to release the final patch, version 6.2.0 of FortiOS.

Viehbck has documented the vulnerability, including an explanation of how a Python 3 script can decrypt a FortiGuard message, in a post on the SEC Consult website.

This bug was arguably the most significant affecting Fortinet since the 2016 discovery and reverse-engineering of hardcoded SSH logins on FortiOS.

The Daily Swig has reached out to Fortinet for further comment.

This article has been updated with a corrected patch version number.

RELATEDGoogle fixes XSS bug in Gmails dynamic email feature

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Fortinet took 18 months to strip software of flawed crypto cipher and keys - The Daily Swig

The impact of artificial intelligence on humans – Bangkok Post

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Will the machines take control? Not if we focus on developing the skills that AI cannot replicate

From Siri, the virtual assistant in Apple mobile devices, to self-driving cars, artificial intelligence (AI) is progressing rapidly, outperforming humans at some tasks. As with the majority of the changes happening globally, there will be positive and negative impacts as AI continues to shape the world we live in. Every single one of us will have to reckon with our ability to balance the human way of life and the transition to the AI cosmos.

According to a report by the technology research group IDC, spending on AI is expected to reach US$46 billion by 2020 with no signs of slowing down. AI is definitely on the rise in both business and life in general. The question is, will humans eventually lose control as machines become super-intelligent? Unforeseen consequences are likely whenever a new technology is introduced, and AI is no exception.

It is obvious that AI is a disruptive technology, revolutionising businesses and bringing new approaches to decision-making based on measurable outcomes. It can enhance efficiency and production volume, while cultivating new opportunities for revenue to flourish.

We have to face the fact that humans arent always the best at tedious and repetitive tasks, whereas machines dont get tired or complain. This is where AI is starting to play an important role: freeing humans from drudgery so that we can focus on interpersonal relations and more creative work.

Is it true that robots and AI will destroy jobs? That is something we hear quite often. Everyone has their own opinions about the pluses and minuses of the technology. However, if you think about it in a positive way, AI is actually encouraging evolution in the job market, as candidates come to realise they need to develop new types of skills in order to secure fulfilling work amid rapid technological advancements.

The truth is, people will still work, but they will work better with the assistance of AI. In other words, the unparalleled duo of human and machines coming together will soon turn into the new normal in the workforce. Already there are many routine white-collar tasks such as answering emails, data entry and related responsibilities that can be handled by intelligent assistants if businesses are prepared to recognise the potential.

Away from the office, we can see that more and more people are living in smart homes or equipping their residences with hardware and software that can reduce energy usage and provide better security, among other benefits. AI is also having a profound impact on healthcare, leading to improved diagnosis and treatment of many conditions, leading to healthier citizens and healthier economies.

The ability of technology to answer more questions, solve more problems and innovate in previously unimaginable ways goes beyond the capacity of the human brain for better or worse, depending on how one perceives this subject. The elevation of technology will allow individuals to focus on higher functions, with improved quality living standards.

Challenges will continue to come and go, but the biggest one will be for humans to find their place in this new world, by staking a claim to all the activities that call for their unique human abilities.

A study by PwC forecast that 7 million existing jobs will be replaced by AI in the UK from 2017 to 2037. However, 7.2 million new jobs could be created as well. Yes, many humans are wondering whether they will be part of the 7 million or part of the 7.2 million. Living with this uncertainty is a struggle for many given the transformative impact of AI on our society and the economic, political, legal and regulatory implications that need to be prepared for.

At its core, AI is about imitating human thought processes. Human beings essentially have to teach AI the how-to of practically everything, but AI cannot be taught how to be empathic, something only humans can do. It is one thing to allow machines to predict and help solve problems; it is another to purposely make them control the ways in which people will be made redundant.

Therefore, it is vital for us to be more sceptical of AI and recognise its shortcomings together with its potential. By focusing more on training people in soft skills, starting in school, we can help produce a greater number of employable humans who will be able to work alongside machines to deliver the best of both worlds.

Arinya Talerngsri is Chief Capability Officer and Managing Director at SEAC - Southeast Asias Lifelong Learning Center. She can be reached by email at arinya_t@seasiacenter.com or https://www.linkedin.com/in/arinya-talerngsri-53b81aa. Explore and experience our lifelong learning ecosystem today at https://www.yournextu.com

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The impact of artificial intelligence on humans - Bangkok Post

Fujifilm Showcases Artificial Intelligence Initiative And Advances at RSNA 2019 – Imaging Technology News

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November 30, 2019 Fujifilm Medical Systems U.S.A. is showcasing REiLI, the company's global medical imaging and informatics artificial intelligence (AI) technology initiative at the 2019 Radiological Society of North America's (RSNA) annual meeting.

"At RSNA 2019, we look forward to sharing the AI insights and advances we've made by working closely with clinical and research partners for several years," said Takuya Shimomura, chief technology officer and executive director, Fujifilm. "Ultimately, the long-term goal of our AI initiative is to help providers make better decisions that improve patient lives."

Under the REiLI brand, Fujifilm is developing AI technologies that strongly support diagnostic imaging workflow, leveraging the combination of its deep learning innovations and distinct image processing heritage. Applications currently in development include, but are not limited to: Region Recognition, an AI technology that helps to accurately recognize and consistently extract organ regions, regardless of deviations in shape, presence or absence of disease, and imaging conditions; Computer Aided Detection, an AI technology to reduce the time of image interpretation and support radiologists' clinical decision making; Workflow Support, using AI technology to realize optimal study prioritization, alert communications of AI findings, and report population automation.

"Our latest Synapse 7x brings diagnostic radiology, mammography and cardiology together on the server-side, enabling immediate interaction with these modality imaging data sets through a single AI-enabled platform," said Bill Lacy, vice president, medical informatics, Fujifilm. "We're excited to debut this solution for our U.S. customers at RSNA 2019, showing our commitment to progressing AI technology to empower physicians to make more efficient and impactful care decisions."

RSNA attendees are encouraged to learn more about REiLI at Booth #4111 and participate in the following Fujifilm-hosted activities.

At booth #4111, attendees can visit Fujifilm's AI Lab. The lab will feature dedicated workstations demonstrating REiLI use cases within Synapse PACS. Attendees can witness first-hand the speed and depth of the integrated workflows achieved by unifying Fujifilm's REiLI technology with the company's server-side PACS system. Featured in the AI lab will be Fujifilm developed algorithms, to include CT lung nodule, intracerebral hemorrhage, cerebral infarction MR and CT, spine label and bone temporal subtraction to name a few. In addition to the Fujifilm AI development, the AI lab will showcase its strengths by supporting a multitude of integration points in support of partner vendor and provider developed algorithms. This will include Riverain's lung nodule, MaxQ's stroke, Lunit's Chest and 2-D Mammography, LPixel's MR Aneurysm, Koios' US breast, Aidoc's pulmonary embolism and Gleamer's bone fracture.

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Fujifilm Showcases Artificial Intelligence Initiative And Advances at RSNA 2019 - Imaging Technology News

Seattle Seahawks Select Amazon In Utilizing Artificial Intelligence To Help Make Smarter Decisions On The Field – Forbes

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The Seattle Seahawks will now be utilizing Amazon Web Services in bringing artificial intelligence ... [+] and machine learning to their game preparation in hopes to make more efficient on the field decisions. (Photo by Lachlan Cunningham/Getty Images)

Amazon has deep roots in Seattle which are about to get deeper. The company announced it will be expanding its services within the NFL, after partnering with the Seattle Seahawks to provide the team with its cloud and machine learning/artificial intelligence offerings. In the comprehensive partnership, the company will move the vast majority of its infrastructure to AWS and will also provide wide-ranging services, including computing, storage and database, as well as analytics intended to drive game strategy decisions for the team.

Amazons NFL Next Gen Stats offering has been providing player tracking data throughout this season and the Seahawks will utilize their data, that tracks the position of the ball on the field as well as every player 10 times per second, to provide detailed information on each players impact on the field. With this new partnership, the Seahawks will be able to use its own player data internally to develop a custom analytics and proprietary statistics platform combining the Next Gen Stats offering.

In addition to making possible a deeper understanding of team performance through analytics, the team will also use Amazons ML Solutions Lab, the companys program around machine learning and predictive analytics. The Seahawks will implement new capabilities through the software that will provide deeper analytics and insights through video footage. Using the AWS ML services, the team will be able to combine footage from training camp through the postseason, including NFL Coaches Film that gives a birds-eye view of all 22 players on the field, with Amazons Rekognition service, to better identify and understand opponents defensive and offensive strategies.

As our official cloud provider, AWS will enable the Seahawks to become a data-driven organization that uses the power of technology to fuel future championships. We chose AWS because of their relentless focus on innovation, their broad array of machine learning services, and proven to experience in supporting large sports organizations and enterprises around the world at scale, said Chip Suttles, Vice President, Technology, Seattle Seahawks. AWSs breadth and depth of services will help us to extract and pinpoint every possible advantage from the vast amount of data we collect, delivering the actionable insights we need to positively impact our decision-making.

Another service the Seahawks will utilize is Amazons SageMaker platform that will help develop a fully managed service around the building, training and deploying of machine learning models. These models can analyze football statistical information such as quarterback hurries, knockdowns or sacks and are also able to judge how a quarterback handles pressure in the pocket or throws downfield when they are under heavy duress by a defense. These new capabilities will not only be able to provide insights to Seahawks coaches but will also be able to make data-driven recommendations to the team, once the system gets smarter through information being fed into its software.

The Seahawks previously used Microsofts services and its data environments were stored on Microsfts Azure cloud. Even with the Amazon tie-in, the team will continue to utilize Microsofts products and services through the teams partnership, as well as through Microsofts integration with the NFL.

Amazons relationship with the NFL has slowly but steadily expanded over time, with its streaming of Thursday Night Football for the past three seasons over Amazon Prime Video and the addition of games on Amazons Twitch platform. Amazon has aimed to enhance the fan experience through its Next Gen Stats offering and has used Seahawks quarterback Russell Wilson in its advertisements for the product. Amazon CEO Jeff Bezos was also reportedly endorsed by NFL owners to become an owner within the league in the near future.

Partnerships like this will become much more common going forward as data has proven to be the next frontier into the analysis of sports, not only from a game play perspective but also from a business perspective. Understanding how to get an edge on the field or utilizing a potential revenue stream makes these types of offerings very enticing and something each team will likely be engaging in the very near future.

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Seattle Seahawks Select Amazon In Utilizing Artificial Intelligence To Help Make Smarter Decisions On The Field - Forbes

AI IN BANKING: Artificial intelligence could be a near $450 billion opportunity for banks – here are the strat – Business Insider India

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Discussions, articles, and reports about the AI opportunity across the financial services industry continue to proliferate amid considerable hype around the technology, and for good reason: The aggregate potential cost savings for banks from AI applications is estimated at $447 billion by 2023, with the front and middle office accounting for $416 billion of that total, per Autonomous Next research seen by Business Insider Intelligence.

Most banks (80%) are highly aware of the potential benefits presented by AI, per an OpenText survey of financial services professionals. In fact, many banks are planning to deploy solutions enabled by AI: 75% of respondents at banks with over $100 billion in assets say they're currently implementing AI strategies, compared with 46% at banks with less than $100 billion in assets, per a UBS Evidence Lab report seen by Business Insider Intelligence. Certain AI use cases have already gained prominence across banks' operations, with chatbots in the front office and anti-payments fraud in the middle office the most mature.

The companies mentioned in this report are: Capital One, Citi, HSBC, JPMorgan Chase, Personetics, Quantexa, and U.S. Bank

Here are some of the key takeaways from the report:

In full, the report:

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AI IN BANKING: Artificial intelligence could be a near $450 billion opportunity for banks - here are the strat - Business Insider India

Artificial Intelligence in 2020: The Architecture and the Infrastructure – Gigaom

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Featured SpeakersJed DoughertyGlobal VP of Field Engineering, DataikuRegister

Machine Learning and AI were hot in 2019, but whats next for AI in 2020? The software side of working with AI improved a lot this year. But the hardware infrastructure side is still pretty complex, and for those who want to take advantage of GPU technology, that goes double. The truth is that AI hardware, both for fast training and effective inferencing, can be expensive, and its obsolescence cycles are quick. Thats a blocker.

But the cloud, container technology and smart software to orchestrate it all can help. Intelligent auto-scaling can help as well. Economically efficient management of specialized hardware and multi-cloud container computing strategies are the next frontier in AI. Theyre also key to AIs continued journey to the mainstream.

To learn more, join us for this free 1-hour webinar from GigaOm Research. The webinar features GigaOm analyst Andrew Brust with Jed Dougherty, Global VP of Field Engineering at Dataiku, an enterprise AI and machine learning platform.

In this 1-hour webinar, you will discover:

Register now to join GigaOm and Dataiku for this free expert webinar.

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A cryptography company that raised $ 12.7 million with ICO admits it ran out of money and closed its doors – Tech Ballad

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A cryptocurrency startup that has arranged with the US Securities and Exchange Commission (SEC) for its illegal chip sales has been closed.

The Washington-based Gladius network said last week that it had "immediately halted operations and demanded its dissolution."

"Despite all our efforts, the company no longer has the funds to continue its activities. Our code will remain available on GitHub for the next three months. We continue to believe in the power of our technology and we welcome it if anyone in the community is interested in exploiting it, "added the company.

Gladius Network, which helps customers fight cyber attacks, has agreed to reimburse investors when it sells digital chips after the SEC said the company did not inform customers of potential business risks.

The company raised $ 12.7 million (about 24,000 ETH) as part of its initial offering of coins (ICO) in 2017.

As part of its settlement with the SEC, Gladius Network was required to submit a registration statement no later than May 20, 2019. However, the deadline has been extended to November 18. It is not known whether the company actually filed the declaration before closing.

It was also expected to reimburse investors involved in the sale of $ 12.7 million.

However, a group of telegrams gathering those who claim to be despised investors has appeared and many of them are unsure of the status of their legitimate reimbursement.

Hard Fork has contacted one of Gladius' co-founders to ask if investors have been reimbursed or if it is planned to do so. We will update the part accordingly if we receive an answer.

Posted on November 26, 2019 11:31 UTC

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A cryptography company that raised $ 12.7 million with ICO admits it ran out of money and closed its doors - Tech Ballad

Malaysia Needs More Blockchain Talent if It Will Get Anywhere with the Technology – Coinfomania

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Malaysia is lagging in blockchain development due to poor cryptography skills to drive the technology forward across different sectors in the country, according to Mark Pui, an advisor at MW Partners Group Holdings Pte Ltd.

During the LSE ReCode Tech Conference 2019, Pui noted that the country has failed to keep up with blockchain development like other countries, although there is still limited adoption of technology around the world.

I think the progress of blockchain technology in Malaysia is slow. When you measure blockchain technology adoption, and its progress, I think we need to evaluate it on how it is being adopted by people in everyday life, he added.

Pui further highlighted that excellent cryptography skills are quite necessary for the formation of codes that result in the underlying protocols behind blockchain, which they do not possess.

I think the reality is we do not have cryptography skills, and that impacts our ability to lead in the development of the blockchain technology, Pui said.

In addition to acquiring a cryptography skill as a solution, Pui suggested that the potential benefits which come with blockchain need to be elaborated among business enterprises in Malaysia.

Although, the public awareness about blockchain may not be of much importance to businesses in the country, but maybe business awareness on the potential of the technology is more important than retail awareness, Pui told the audience.

While speaking on developments so far in Malaysia, he noted that the banking sector is currently embarking on blockchain for remittance and trade financing. He believes that blockchain application will be more of other uses than it is about speculative cryptocurrencies.

For cryptocurrencies, however, the Malaysian Ministry of Finance said in October that domestic crypto adoption in the country is still relatively low, despite significant steps taken by the countrys multinational firms to boost adoption.

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Malaysia Needs More Blockchain Talent if It Will Get Anywhere with the Technology - Coinfomania


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