Netevents APAC summit review

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Innovation in the Cloud – Enterprise is ready but is the Cloud ready for the Enterprise?

First comes the purpose then comes the product…” explained Dr. Christian Busch, Associate Director, Innovation and Co-Creation Lab, London School of Economics, as he opened the APAC NetEvents Press & Analyst Summit with a keynote address on innovation. “If a company is able to provide a setting where they’re actually working on real challenges, real problems, real society problems, that’s actually where people will be most attracted to, particularly probably also in a poverty context or context where traditionally people wouldn’t have thought to build consumer or producer bases in.”

For Anaplan’s Grant Halloran, an Australian now based in Silicon Valley, “It’s more about thinking from a customer perspective. So if you’re an IT leader today your customers are the business folks, running the company, right from the CEO through to the lines of business leaders. What are the services, from a technology perspective, that these folks need, to get their job done and to achieve the vision of the company over the long term? So that’s the starting point.”

Despite the drive and purpose of innovation, Nikhil Batra, Telecom Research Manager for IDC, highlighted the Ashley Maddison breach as a notable case study of the risks involved. As a result of this breach a lot of company CEOs stepped down. There were class action law suits against the company, so much so they announced a reward for $500,000 dollars for somebody to share information on the hackers. But nothing came out of it. One interesting statistic that came out, is that one of the security companies that laid their hands on all of the data claimed to have broken down 11.2 million passwords within 10 days. And surprisingly enough that the most popular password was 123456, which 120,000 accounts had this password in the database. This should make us think how secure is a service and how much should cloud providers emphasise and provide security to the enterprises?

There was a time when the worst thing that could happen to us is a malicious code or a bug would result in a blue screen of death and we would just restart our PCs and get on with it. But now we are getting into an era of IoT and connected things, where things like the connected car is being hacked. A Jeep Cherokee was hacked in late 2015. What these cases demonstrate is that all of the connected things today that we have, be it a smart refrigerator or a smart edge-ware controller or an air conditioner controller, they’re not secure enough. We have had phishing incidents where the email has been coming from a smart refrigerator. Unless we apply ‘security by design’ then we will continue to create insecure systems, devices and connected things…Click HERE to read full article

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