Archive for January, 2011
Friday, January 28th, 2011
 Samsung Adroid Phone 2.3
RALEIGH, NC – A computer security researcher at NC State University, Xuxian Jiang, has identified a security vulnerability in the latest version of Google Android, version 2.3, also known as Gingerbread. The vulnerability gives attackers access to user data – similar to a vulnerability identified in previous iterations of Android, which Google thought it had fixed with the latest version.
Basically, simply by clicking on a link, Android users may give attackers access to personal information. If exploited, the vulnerability would allow a malicious Web site to read and upload the contents of any file stored on the phone’s microSD (memory) card. Information on the SD card could include saved voicemails, photos or online banking data.
The vulnerability would also allow attackers to find out all of the applications installed on a phone, and upload many of the applications onto a remote server – including all built-in applications.
Jiang, who discovered the vulnerability when working on an Android-related research project, has confirmed the vulnerability using Gingerbread being run on a Nexus S phone.
A similar vulnerability was reported on earlier versions of Android phones, leading Google to make changes in Gingerbread designed to address the flaw. However, Jiang has found that the Gingerbread fix can be bypassed.
So, what can be done to mitigate the vulnerability? The simplest way to protect your information is to remove or disable the SD card in your phone. However, that will leave you unable to save voice mail or photos. You could also disable the JavaScript function in your browser. But that would affect your ability to access online content. Another option is to switch to a third-party browser, such as Firefox.
Now that this information is out there, programmers can begin to develop means of addressing the vulnerability.
Tags: Gingerbread, Google Android version 2.3, NC, NCSU, Raleigh, security vulnerbility, Xuxian Jiang Posted in Carolinas, Internet/New Media, IT, North Carolina, Security, Telecommunications, University Tech | Comments Off
Friday, January 28th, 2011
SAN FRANCISCO – If the Silicon Valley venture capital environment is an indicator of how things will go nationally, things are looking up…slightly, according to The Silicon Valley Venture Capitalist Confidence Index for the fourth quarter of 2010. In particular, the merger & acquisition and IPO exit markets appear much better than they have been.
The index is based on a December 2011 survey of 35 San Francisco Bay Area venture capitalists, registered 3.75 on a 5-point scale (with 5 indicating high confidence and 1 indicating low confidence.) Mark Cannice, professor of entrepreneurship and innovation, at the University of San Francisco (USF) School of Business and Professional Studies, authors the quarterly report.
This quarter’s index edged up from the previous quarter’s reading of 3.70 confirming the resumption of an upward trend in VC confidence since its low point in Q4 2008.
In the report, Professor Cannice writes, “Evidence of an improving exit environment supported a slight rise in confidence among the venture capitalists that participated in the Q4 survey.”
For example, one of the survey’s respondents, Roy Thiele-Sardina of HighBAR Partners commented, “We are seeing an increased number of M&A transactions which increases the confidence to fund companies that can be acquired.”
Bob Ackerman of Allegis Capital confirmed, “The exit environment for venture-backed companies continues to improve with growing strength in the M&A markets and IPO activity running ahead of last year’s projections.”
Cannice continued, “New technology developments and social trends are creating new market opportunities for entrepreneurs and their venture backers.”
Another VC respondent, Venky Ganesan of Globespan Capital Partners expressed, “Venture capital backed start-ups and financings are seeing a new renaissance and the reason is ‘Clomosol’. No, it’s not a new drug, but rather my coined term for the four major trends powering technology: Cloud, Mobile, Social, and Local. The wealth creation driven by Clomosol will dramatically impact both the local Bay Area economy as well as the overall technology sector…”
Tags: Allegis Capital, Bay Area, Bob Ackerman, Globespan Capital Partners, HighBAR Partners, Mark Cannice, Roy Thiele-Sardina, San Francisco, Silicon Valley, Silicon Valley Venture Capitalist Confidence Index, VC confidence rose in Q4, Venky Ganesan Posted in Studies, surveys, reports, venture capital report | Comments Off
Friday, January 28th, 2011
WASHINGTON, DC – LivingSocial, the local social deals rival to Chicago-based Groupon, boosted its traffic by 80 percent selling a $20 Amazon card for $10 last week, but the deal spawned a rash of negative comments on the LivingSocial Facebook page and stories about the deal across the Web on sites that allow comments.
Some LivingSocial users complained they still had not received their paid for deal days afterward. Some users apparently tried to take advantage of the deal more than once, which is not allowed. Others claimed they were unfairly accused of doing so. Complaints ranged from credit card problems to the way LivingSocial agents responded. Many complaints about the company were harsh.
We have requested a response from LivingSocial both when we did our original story on the deal last week and again this morning.
Hitwise Intelligence data shows that LivingSocial “closed the gap” between it and Groupon, with its traffic surging 80 percent while Groupon’s actually fell 20 percent. Hitwise suggests that means that “the race for dominance in the group coupon space is far from over.” Mashable opined that LivingSocial’s traffic is likely to return to Earth this week, although the company likely gained many new members and national attention, good and bad, from the deal.
Groupon is recognized at the 800-pound gorilla in the space. Groupon turned down a $6 billion acquisition offer from Google, which is launching Google Offers, its own version of social deals amid rumors that Facebook may also become a competitor, further demonstrating how hot the sector remains.
Not all comments on stories about LivingSocial’s Amazon deal were negative. One pointed out that in a deal this size (reportedly 1.3 million people bought the Amazon discount, the company says) there are always some disgruntled customers. However, the way a company deals with such responses on a social media platform and otherwise can seriously affect its business going forward.
The Amazon deal followed the online retail giant’s investing $175 million in LivingSocial, the second larger player in the space currently.
I noted in our first story that I bought the Amazon discount card from LivingSocial using a credit card and had no problems with the deal.
For more see: Was LivingSocial’s Big Amazon Deal a Bust?
–Allan Maurer
Email TJS Editor Allan Maurer: Allan at TechJournal South dot com.
Tags: Chicago, Complaints about LivingSocial Amazon deal, DC, Groupon, LivingSocial closes gap on Groupon, LivingSocial deal a bust?, local deals, Marketing, social deals space, Washington Posted in Internet/New Media, Marketing | 1 Comment »
Thursday, January 27th, 2011
ATLANTA – It is no longer acceptable to rely solely on preventive measures for cyber security. Combating targeted threats requires a sustained effort and the capability to perform rapid threat detection and response. So says MANDIANT, a company selling incident response and computer forensics solutions and services, in its second annual M-Trends report released at the U.S. Department of Defense Cyber Crime Conference 2011 at the Hyatt Regency Hotel in Atlanta.
The M-Trends series spans more than a decade of lessons learned on the front lines of intrusion investigations for the U.S. government, defense industrial base and commercial organizations. When Prevention Fails spotlights malware capabilities and techniques and other highly complex and sophisticated attack schemes used by the Advanced Persistent Threat across a breadth of organizations.
Content presented in M-Trends has been derived by MANDIANT from unclassified environments and sanitized to protect victim identity and data.
Some excerpted trends and conclusions from M-Trends: When Prevention Fails:
It is no longer acceptable to rely solely on preventive measures. Combating targeted threats requires a sustained effort and the capability to perform rapid threat detection and response.
The majority of victims were either compromised by a targeted e-mail campaign or were victims of a prior intrusion that was never appropriately remediated.
Threats have evolved faster than our ability to reliably safeguard our assets. To better protect our information and intellectual property, we must adapt our organizational security programs to meet the emerging challenges.
Done right, threat detection and response provides IT security teams the situational awareness to rapidly detect incidents, suppress their impact, develop their own threat intelligence and rely on other timely intelligence to proactively inspect your networks for the fingerprints of compromise.
“In more than fifteen years of responding to incidents I have learned combating targeted threats requires a sustained effort and the capability to perform rapid threat detection and response,” said MANDIANT Chief Executive Officer Kevin Mandia, one of the report’s principal authors.
M-Trends is written for information security professionals in the enterprise and to increase our collective understanding of the advanced threat landscape. The report continues to break new ground in our collective understanding, information sharing and evolution of the APT and other sophisticated attacks targeted at government and commercial organizations.
“Between Aurora, Stuxnet, and the Wikileaks distribution of classified wires, 2010 should have made it abundantly clear that the stakes have changed,” said Josh Corman, Research Director for Enterprise Security at The 451 Group.
“We are well beyond casual attackers whose attacks conform to mainstream 80/20 rules and compliance checkboxes. Adaptive Persistent Adversaries know you are compliant and do not care. It’s time to refresh your models and to invest in greater visibility for early detection and prompt, agile response. Industry reports like M-Trends can help increase broader awareness and understanding of the advanced threat landscape.”
To download a copy of M-Trends: When Prevention Fails, see:
www.mandiant.com/news_events/forms/m-trends_2011
Tags: cyber crime, cyber security, IT, M-Trends, Mandiant, When Prevention Fails Posted in Georgia, Internet/New Media, IT, Security, Studies, surveys, reports | Comments Off
Thursday, January 27th, 2011
FORT LAUDERDALE, FL – The medical device space is still one of the hotter investment sectors, particularly in areas that bring sensing and analytics together. OrthoSensor Inc., a company developing intelligent orthopedic implants and sensor-assisted surgery systems, has raised $21 million in Series B financing from Ziegler Meditech Equity Partners and an unnamed strategic investor.
OrthoSensor is developing and commercializing intelligent orthopedic devices that will enable evidence-based orthopedic surgery and remote monitoring of orthopedic implants with the goal of improving patient outcomes and reducing the cost of treating musculoskeletal disease.
OrthoSensor has three product platforms: OrthoSensor Surgical, OrthoSensor Implantables and OrthoSensor Analytics. The first OrthoSensor Surgical products are disposable, sensor-enabled devices that will provide quantitative, intra-operative feedback to surgeons to help ensure the proper balance and alignment of orthopedic implants.
These intelligent devices will allow real time optimization of patients’ specific joint kinematics. Accurate implant placement and soft tissue balance have been shown to extend the life of implants, reduce the incidence of revision surgeries and improve patient function.
“The next wave of innovation in orthopedic surgery is going to be driven by devices that enable surgeons to make real-time, data-driven decisions and help to deliver on the promise of personalized medicine,” commented Eitan Machover, managing partner, Ziegler Meditech Equity Partners.
Tags: financing, FL, Fort Lauderdale, orthopedic medical devices, OrthoSensor, Ziegler Medictech Equity Partners Posted in Florida, Medical Device, Money | 1 Comment »
Thursday, January 27th, 2011
RALEIGH, NC – NC State University researchers will receive $750,000 of a $5.15 million grant from the U.S. Department of Energy’s Advanced Research Projects Agency-Energy (ARPA-E).
The grant, most of which goes to Cree, which is leading the project, will support North Carolina State University efforts to develop new technologies essential to the development of a “smart grid” that can easily store and distribute energy from renewable sources, such as solar and wind.
NC State’s role is to develop a transformerless intelligent power substation.
Dr. Subhashish Bhattacharya, an assistant professor of electrical and computer engineering at NC State and primary investigator for the university on the grant project. “TIPS will enable the vision of the smart grid,” Bhattacharya says. “It will be a more cost-effective and efficient means of connecting renewable energy resources to the existing power infrastructure.”
The NC State TIPS development project will be made possible by the work that Cree will be doing under the grant – developing a power semiconductor device based on silicon carbide.
NC State is recognized as a leader in developing smart grid technologies, and is home to the National Science Foundation’s Engineering Research Center for Future Renewable Electric Energy Delivery and Management.
Tags: Cree, Dr. Subhashish Bhattacharya, NC, NCSU, Raleigh, smart grid tech Posted in Carolinas, Energy, Hardware, IT, North Carolina, University Tech | Comments Off
Thursday, January 27th, 2011
ATLANTA – Retailers are recognizing the value of trigger-based cart abandonment email programs, according to a recent benchmark survey conducted by Silverpop, which sells a scalable, integrated email marketing and marketing automation platform. These low volume but high ROI emails often comprise less than 5 percent of a company’s total email volume, while delivering 25 to 40 percent or more of email revenue for retailers.
The survey showed that eighty-three percent of respondents will be distributing cart abandonment emails by the end of 2011 and nearly three-fourths will have implemented browse abandonment campaigns by the end of the year.
We hope that online merchants realize that cart abandonment on their sites is often related to a problem with the site or it’s checkout process. While the fact that a user got as far as putting items in a cart certainly suggests a readiness to buy, their abandonment of the car also suggests something likely discouraged them. Sending them an email without correcting the problem that originally stymied the user could also be counter-productive.
Still, it is not surprising that timely, relevant emails tied directly to consumer behavior deliver much higher metrics than broadcast emails. In fact 80 percent of survey respondents reported an open rate of 21 percent or higher for cart abandonment reminders while only 31 percent experienced similarly impressive results from their general broadcast emails.
High conversion impact
And even more impressive is the impact these programs have on conversion (and ultimately revenue), with 45 percent of survey responders reporting that their cart recovery emails yielded a conversion rate of 11 percent or higher— nearly four times that of their corresponding broadcast emails.
“Inboxes are crowded, the ‘noise’ is louder than ever, and generic batch-and-blast emails are becoming less effective at the message level,” said Loren McDonald, Silverpop’s vice president of industry relations. “Retailers that have employed recipient-driven messaging such as cart abandonment campaigns have seen excellent results– generating incremental boosts in revenue and customer loyalty with only a modest time investment.”
According to research conducted by the Massachusetts Institute of Technology, 90 percent of ecommerce leads go cold within one hour. So, despite retailers’ recognition of the effectiveness of cart-abandonment campaigns, the Silverpop survey also found some room for improvement in the areas of frequency and timing given the following findings:
- 83 percent of survey responders waited five or more hours to send the first recovery email
- 61 percent wait more than 24 hours to send the first cart recovery email
- 67 percent only send a single cart recovery email
The benchmark survey also indicated a high level of interest in other transaction-based messaging, such as post-purchase emails. Nearly three-quarters of survey respondents send a notification after a sale is completed, with service satisfaction surveys (50 percent) and product review requests (43 percent) popular examples. However, there is still room for growth in this area as well.
Only 2 percent are sending notifications that the review has posted—missing an additional opportunity to engage with the consumer, and possibly increase revenue even further.
“Relationships should never end after a purchase,” added McDonald. “Once a customer shows their loyalty to a brand, the brand should do everything in its power to show loyalty to its customer—whether by acknowledging recent actions or offering ‘happy birthday’ and ‘purchase anniversary’ emails.”
Click here to download the full survey.
Tags: Atlanta, brand loyalty programs, cart abandonment, email marketing, Silverpop, survey, trigger-based email Posted in Internet/New Media, Marketing, Studies, surveys, reports | Comments Off
Thursday, January 27th, 2011
It seems as if Facebook manages to hit the tech news headlines almost every day now. Facebook is likely to stir up another round of comment with the new ad format called “Sponsored Stories,” introduced this week. The company says Sponsored Stories allows marketers or brands to feature user actions – such as their check ins to brand sites – in right hand Facebook column.
That means if you check into the Borders site, the company could show your friends “liking” or checking into the Border’s site, the idea being you will view that as a sort of recommendation from a friend.
Four types of actions can be turned into Sponsored Stories: likes, checkins, actions in custom apps, and page posts.
Reported launch partners for the service include Coke, Levi’s, Anheuser Busch and Playfish. Nonprofits such as UNICEF, the Alzheimer’s Association and Autism Speaks are also working with Facebook to use the new service.
While the Sponsored Stories format seems harmless enough, I don’t know how many Facebook members will be pleased at being used as marketing tools, even for products they like. On the other hand, Facebook brand and fan pages demonstrate that people will engage publically with a brand or service they like.
Mashable compares the new ad format to Twitter’s Promoted Tweets, with the exception that user action define Sponsored Stories content, not advertisers.
Tags: ad format, facebook, new security, photo ID security, Sponsored Stories, user content Posted in Internet/New Media | Comments Off
Thursday, January 27th, 2011
By Danita Johnson Hughes, Ph.D.
 Danita Johnson Hughes' latest book, "Power Within"
Civility in the political sphere is big news right now. But it can be an issue in the workplace, too.
Sometimes you might wonder if we truly live in a civilized society. It seems that rude and discourteous behavior is on the rise. The modern workplace can be an incubator for such incivility if left unchecked.
Both inside and outside the workplace, we see a rash of disrespectful, discourteous and rude behavior. Angry commuters use their vehicles to take out their aggressions and deliberately cut others off in traffic. Customer service has diminished to the point where most would prefer to use the impersonal ATM machine than face an unhappy bank teller. Malicious political campaigns and tactics draw out the worst in even the most respected individuals. Children face tremendous fear and stress from bullies at school.
The examples of an uncivilized society are too numerous to recount and the workplace is a microcosm of society.
The impact of such destructive behavior can be more psychologically damaging than open forms of abuse, such as harassment and violence. From a business and leadership perspective, the negative behavior happening outside of the workplace is trickling in — affecting employee loyalty, organizational commitment and overall productivity. The pressures of everyday life can take their toll on employees who are already working under a great deal of stress. Consequently tempers get frayed and patience and tolerance are thrown out the window.
It’s time for a change.
But, understanding precedes change. What typically leads to uncivil behavior is a disagreement. Someone wants to be right, better or stronger. Someone wants to be heard. Sadly, that attitude often leads to a win-lose outcome.
As a leader, the best first step is to realize that conflict is a vital and necessary part of organizational success. Properly facilitated, disagreements lead to healthy, constructive conversations that translate into creativity, innovation and a shared sense of accomplishment.
Encouraging civility in the workplace promotes a low stress work environment and improved employee morale. It also helps to mitigate employee dissatisfaction that often results in such things as civil rights complaints and lawsuits. The economic impact related to litigation, turnover, productivity and customer dissatisfaction can be devastating to an organization.
Some signs of an organization infected with incivility include:
- Higher than normal employee turnover
- A large number of employee grievances and complaints
- Lost work time by employees calling in sick
- Increased consumer complaints
- Diminished productivity in terms of quality and quantity of work
- Cultural and communications barriers
- Lack of confidence in leadership
- Inability to adapt effectively to change
- Lack of individual accountability
Civility is essential to defining the culture and establishing a foundation of proper business behavior. It is a value that successful organizations strive to achieve.
To be able to build and maintain itself as a viable entity capable of reaching its full potential an organization must be able to manage its interpersonal relationships in a manner that promotes positive interactions that are civil and respectful. This is not an easy task considering the myriad personalities and individual circumstance that impact workplace interactions. But it can be accomplished with leadership commitment to fostering positive and meaningful interactions among employees.
Creating a civil workplace boils down to 3 basic principles: respect, restraint and refinement.
- Respect is inherent in the belief that although another person’s beliefs may be different than yours, you should still honor their viewpoint and accord the other person due consideration. Taking someone’s feelings, ideas, and preferences into consideration indicates that you take them seriously and that their position has worth and value, even if contrary to your own. In so doing, you validate the other person’s individuality and right to a differing opinion. Respect is the most important step in building a relationship and reducing the potential for conflict. In an atmosphere of mutual respect, goals and concessions become easier to attain.
- Restraint is simply a matter of exercising personal self control at all times. Therefore, you should know your triggers. Be aware of how your words and actions affect other people. Being aware of the things that make you angry or upset helps you to monitor and manage your reaction. Think before you act. Remember, you may not be able to control the things others say or do. But, you can control your response.
- Refinement is the quest for continual cultivation and improvement of relationships in the workplace. Just as the process of Continual Quality Improvement (CQI) has come to be known as a means to improve performance and increase efficiency in an organization, refinement of thought, ways of expressing those thoughts and the practice of continuously exercising appropriate decorum when relating to others can go a long way towards enhancing workplace civility. Improving and strengthening relationships requires effort and commitment.
Involve every employee
Achieving civility in the workplace requires the involvement of every employee from the top down. Going to work in an environment free from the back-biting, rude employee behavior and the constant complaining that many are subjected to everyday is certainly not ideal. However, making the commitment to achieving and sustaining civility can be the key to a successful and thriving organization with high employee morale.
As a leader, you can and should make workplace civility a priority in your business by insisting that all employees exercise these practical ideas:
- Pursue understanding first.
- Listen and respect other opinions.
- Seek common ground, even if it’s to agree to disagree.
- Tune into what’s happening around you; observe the climate
- Accept responsibility for your actions and the consequences of those actions.
- Offer and willingly accept constructive feedback.
Leaders are called to promote a safe and respectful workplace. That means insisting on the practice of civility and common courtesy.
And it starts with you. Take time to assess your own behaviors. Do you gossip or spread rumors? Have you ever raised your voice to make a point? Are you communicating important information to your team, or withholding information they need?
Set an expectation of workplace civility by “walking the talk” and being the change you want to see.
Danita Johnson Hughes, Ph.D. is a healthcare industry executive, public speaker and author of the forthcoming “Turnaround.” Through her work she inspires people to dream big and understand the role of personal responsibility in personal and professional success. In her first book, “Power from Within,” Danita shares her “Power Principles for Success” that helped her overcome meager beginnings and achieve professional, community and personal success. For more information visit www.danitajohnsonhughes.com.
Tags: buisness advice, Civility, Danita Johnson Hughes, Viewpoint Posted in Business advice, Viewpoint | Comments Off
Wednesday, January 26th, 2011
RALEIGH, NC -The operating system (OS) is the backbone of your computer. If the OS is compromised, attackers can take over your computer – or crash it. Now researchers at North Carolina State University have developed an efficient system that utilizes hardware and software to restore an OS if it is attacked.
At issue are security attacks in which an outside party successfully compromises one computer application (such as a Web browser) and then uses that application to gain access to the OS. For example, the compromised application could submit a “system call” to the OS, effectively asking the OS to perform a specific function.
However, instead of a routine function, the attacker would use the system call to attempt to gain control of the OS.
“Our goal is to give the OS the ability to survive such attacks,”
says Dr. Yan Solihin, an associate professor of electrical and computer
engineering at NC State and co-author of a paper describing the new
system. “Our approach has three components: attack detection; security
fault isolation; and recovery.”
The concept is to take a snapshot of the OS at strategic points in time
(such as system calls or interrupts), when it is functioning normally
and then, if the OS is attacked, to erase everything that was done since
the last “good” snapshot was taken – effectively going back in time
to before the OS attack. The mechanism also allows the OS to identify
the source of the attack and isolate it, so that the OS will no longer
be vulnerable to attacks from that application.
The idea of detecting attacks and re-setting a system to a safe state
is a well-known technique for restoring a system’s normal functions
after a failure, but this is the first time researchers have developed a
system that also incorporates the security fault isolation component.
This critical component prevents the OS from succumbing to the same
attack repeatedly.
The concept of taking snapshots of the OS and using it to replace the
OS if it is compromised was previously viewed as impractical, since
taking these snapshots and running such a system significantly slowed
computer operating speeds. “But we’ve developed hardware support
that allows the OS to incorporate these survivability components more
efficiently, so that they take up less time and energy,” Solihin says.
The researchers say the survival system takes up less than 5 percent of
the OS’s operating overhead.
The paper, “Architectural Framework for Supporting Operating System
Survivability,” was co-authored by Solihin and former NC State Ph.D.
student Xiaowei Jiang. The paper will be presented Feb. 16 at the IEEE
International Symposium on High-Performance Computer Architecture in San
Antonio, Texas. The research was supported, in part, by the National
Science Foundation.
Tags: NC, NCSU, operating system backup, Raleigh, Security, University research Posted in Carolinas, Hardware, IT, North Carolina | Comments Off
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