Friday's Five: A Handful of Tech Headlines You May Have Missed, May 13
As we head into the weekend there’s that nagging feeling that you may have missed something. You’re busy, and it’s hard to keep up with every piece of news that is important to your business. This weekly column aims to wrap up the news we didn’t get to this week (in no particular order), and that may have slipped under your radar, too. If you’ve got something to add, please chime in below in the comments section or on social media. We want to hear from you.
Soon You Won’t Have to Be Rich to Back a Startup
A new change that overrides a Securities and Exchange Commission requirement that investors backing private companies make at least $200,000 per year and a net worth of $1 million or more (excluding their home) is coming on Monday. We’ll be watching closely to see how that plays out.
Bangladesh Central Bank, Swift Blame Each Other Over Heist
A mystery group has stolen $81 million from the Bangladesh central bank, using “Bangladesh Bank’s Swift credentials to divert money from Bangladesh’s foreign-reserve account at the New York Fed to fraudulent bank accounts in the Philippines.” The whole thing is quite a mess, and has left everyone doing a lot of finger pointing.
How much is a security flaw worth? An inside look into Yahoo’s bug bounty program
Yahoo’s digital security team, dubbed the Paranoids, meet weekly to review reports from security researchers who claim to have found flaws in Yahoo’s platforms. They are the ones who decide “whether a hacker will get a cash prize as high as $15,000 – or just a box of Yahoo-branded swag.” Personally, I’d be OK with a band T-shirt that says The Paranoids.
And speaking of security…
Study: Number of Costly DoS-Related Data Center Outages Rising
Denial of Service, or DoS, is the most common form of cyberattacks on data centers, according to a new report by the Ponemon Institute. In 32 percent of the DoS attack incidents survey respondents reported, their data centers suffered a partial outage, while 17 percent suffered total outage.
Google proposes new set of female emojis to promote equality
While the most popular emojis are still the smiley face, sad face, and the heart, if you’ve ever scrolled through your emoji keyboard you’ve likely seen that the emojis representing women are a little bit…shallow. Google thought it was high time that changed. The new emojis reflect 13 different professions, including a software engineer and scientist.
Source: TheWHIR