Ex-Employee Busted For Tampering With ERP System
ErichTheRed writes "Here's yet another example of why it's very important to make sure IT employees' access is terminated when they are. According to the NYTimes article, a former employee of this company allegedly accessed the ERP system after he was terminated and had a little 'fun.' 'Employees at Spellman began reporting that they were unable to process routine transactions and were receiving error messages. An applicant for his old position received an e-mail from an anonymous address, warning him, “Don’t accept any position.” And the company’s business calendar was changed by a month, throwing production and finance operations into disorder.' As an IT professional myself, I can't ever see a situation that would warrant something like this. Unfortunately for all of us, some people continue to give us a really bad reputation in the executive suite."
business
erichthered
erp
finance
nytimes
operations
position
production
reputation
situation
spellman
transactions
unfortunately
Facebook Rolled Its Own 0Day For Red Team Exercise?
chicksdaddy writes "Threatpost has the story of the extreme — even hair-raising — lengths that Facebook's incident response team has gone to in order to prepare the company's staff to be hacked. Among the methods described at the CanSecWest Conference: 'Operation Loopback' in 2012, which was designed to mimic an APT-style attack from China and used what appears to be an internally developed exploit for an internally discovered 0day. From the article: 'McGeehan and his team this time identified a likely attacker — China — and decided to impersonate its tactics. For this one, they recruited an internal engineer as an accomplice. They wanted to get a backdoor into Facebook's production code, so they sent a spear-phishing email containing exploit code for a live zero-day vulnerability to the engineer. He dutifully clicked the link and his machine was promptly compromised. (McGeehan would not identify which product the vulnerability affected, nor how the Facebook team came into possession ...
accomplice
apt-style
cansecwest
china
conference
facebook
mcgeehan
operations
ouch
possession
production
red
threatpost
vulnerability
Found more than 1 month ago on channel
Slashdot
When It's Time To Scale, US Manufacturing Hits a Wall
curtwoodward writes "MIT researchers looked at 150 of the school's spin-out companies in manufacturing businesses over a decade, and found many of them hit the same chasm: Once it was time to ramp up to large-scale production, they couldn't find domestic investors and had to go overseas. The bulk of the research will be published later this year, but it raises an interesting conundrum — if an MIT-pedigreed company has serious trouble ramping up production in the U.S., how much harder is it for the 'average' business that wants to grow? Is it even still possible to do high-tech manufacturing here — or should it be?" Intel seems to be doing OK with U.S. manufacturing, but they have the advantage of established operations.
business
intel
mit
mit-pedigreed
operations
production
wall
Found more than 1 month ago on channel
Slashdot
Living Cells Turned Into Computers
ananyo writes "Synthetic biologists have developed DNA modules that perform logic operations in bacteria. These 'genetic circuits' could, for example, be used by scientists to track key moments in a cell's life or, in biotechnology, to turn on production of a drug at the flick of a chemical switch. The researchers have encoded 16 logic gates in modules of DNA and stored the results of logical operations. The different logic gates can be assembled into a wide variety of circuits."
biologist
biotechnology
dna
operations
production
scientists
Found more than 1 month ago on channel
Slashdot
Another Potential Suitor For RIM As Lenovo Ponders An Acquisition
Research In Motion is once again the target of a rumored acquisition. Lenovo’s CFO Wang Wai Ming said in an interview with Bloomberg at the World Economic Forum meeting in Davos that the Beijing company is eying the BlackBerry maker as a potential acquisition target or strategic alliance partner. The news comes less than a week after RIM CEO Thorsten Heins told German newspaper Die Welt that RIM is still undergoing a strategic review, with the possibility of licensing BB 10 to other manufacturers and selling its hardware production unit. And last August, Bloomberg reported that IBM “made an informal approach” to acquire RIM’s enterprise-services unit–the heart of BlackBerry’s business–amid intensifying rumors of an acquisition. “We are looking at all opportunities–RIM and many others,” Wong told Bloomberg. “We’ll have no hesitation if the right opportunity comes along that could benefit us and shareholders.” Wong added that Lenovo has already spoken to RIM and its ...
acquisition
alliance
amazon
beijing
blackberry
bloomberg
business
canadian
ceo
cfo
china
chinese
combination
corp
davos
german
government
heins
hesitation
huawei
ibm
investigation
iphone
lenovo
ming
motion
operations
opportunity
options
possibility
prime minister stephen harper
production
question
rim
samsung galaxy
security
speculation
technology
telecommunications
thorsten
wai
wang
welt
wong
zte