On this episode of Bottom Line I.T. with Mike Maddox and Amy Mumby talk about Shadow IT, WPA2 Breach, Driverless Cars in NYC, and more.

Segment 1
Facebook exec: Humanity won’t regret the Internet
http://money.cnn.com/2017/10/24/technology/business/facebook-adam-mosseri/index.html

Speaking at an event intended to provide more transparency about Facebook’s news feed, Adam Mosseri, the Facebook VP in charge of News Feed spent the majority of time defending the mission of the Internet. While Mosseri commented that connecting everyone and giving everybody the opportunity to share content will not always be a good thing, he did state that he believed it would “create more good than bad overall.” Mosseri added "In the end, I don't think we as a human race will regret the internet. But I do believe there will be costs of connecting the world."

Segment 2
Shining a Light on Shadow IT
https://www.information-management.com/opinion/shining-a-light-on-shadow-it

More than 80% of employees admit to using unapproved Software as a Service (SaaS) apps for corporate purposes. According to Cisco 15 to 25 times the number of cloud services are purchased by employees without IT involvement. Shadow IT can be classified as apps and software used within a business without having been tested, reviewed or approved. Most apps used in Shadow IT are helpful tools used by well-meaning employees, so why are professionals so concerned with these apps? These applications can lead to massive data breaches, which can have dire financial consequences.

Segment 3    
WPA2 Breach: Wifi Vulnerability

Amy and Mike discuss the recent WPA2, CRACK breach. Important topics include how to effectively manage patches, public and private networks, two-factor authentication, and layers of security.

Segment 4
Government called on to let data breach victims force compensation
https://www.theguardian.com/technology/2017/oct/24/government-called-on-to-let-data-breach-victims-force-compensation

[U.K.] The consumer organization called Which? is calling for an amendment to the data protection bill to include in the new rights for the victims of corporate security breaches. Current regulations demand that companies provide support when their customers have been affected by a data breach, but there are essentially no provisions that allow consumers to hold negligent firms accountable for their wrongdoings.

Segment 5
GM to Test Driverless Cars in NYC
http://money.cnn.com/2017/10/17/technology/future/nyc-gm-autonomous-cars/index.html

Cruise Automation, the self-driving arm of GM announced last week that it will be Chevy Bolts inside 5 square miles of Manhattan in early 2018. Many experts anticipate that the first publicly available self driving vehicles will be released in Arizona, given the favorable weather and better road conditions. However, GM persisits to test the vehicles in more difficult urban environments, including San Francisco where they have encountered numerous fender-benders. The earliest that car and tech companies have identified for deploying the new cars for public use is in 2020.

Segment 6 – Bottom Line Security
US Government Issues Rare Public Warning
https://www.cnbc.com/2017/10/22/us-warns-public-about-attacks-on-energy-industrial-firms.html

Last Friday, the US government warned that hackers are targeting energy and industrial firms. The Department of Homeland Security and the FBI warned in a report that the nuclear, aviation, energy, water and critical manufacturing industries have been targeted along with government entities in attacks that date as back as May. The agencies warned that hackers have been successful in compromising some targeted networks.