Exam Code: 350-701 Practice test 2023 by Killexams.com team
350-701 Implementing and Operating Cisco Security Core Technologies (SCOR)
350-701 SCOR
Certifications: CCNP Security, CCIE Security, Cisco Certified Specialist - Security Core
Duration: 120 minutes

This test tests your knowledge of implementing and operating core security technologies, including:
Network security
Cloud security
Content security
Endpoint protection and detection
Secure network access
Visibility and enforcement

Exam Description
The Implementing and Operating Cisco Security Core Technologies v1.0 (SCOR 350-701) test is a 120-minute test associated with the CCNP Security, Cisco Certified Specialist - Security Core, and CCIE Security certifications. This test tests a candidate's knowledge of implementing and operating core security technologies including network security, cloud security, content security, endpoint protection and detection, secure network access, visibility and enforcements. The course, Implementing and Operating Cisco Security Core Technologies, helps candidates to prepare for this exam.

25% 1.0 Security Concepts
1.1 Explain common threats against on-premises and cloud environments
1.1.a On-premises: viruses, trojans, DoS/DDoS attacks, phishing, rootkits, man-in-themiddle attacks, SQL injection, cross-site scripting, malware
1.1.b Cloud: data breaches, insecure APIs, DoS/DDoS, compromised credentials
1.2 Compare common security vulnerabilities such as software bugs, weak and/or hardcoded passwords, SQL injection, missing encryption, buffer overflow, path traversal, cross-site scripting/forgery
1.3 Describe functions of the cryptography components such as hashing, encryption, PKI, SSL, IPsec, NAT-T IPv4 for IPsec, pre-shared key and certificate based authorization
1.4 Compare site-to-site VPN and remote access VPN deployment types such as sVTI, IPsec, Cryptomap, DMVPN, FLEXVPN including high availability considerations, and AnyConnect
1.5 Describe security intelligence authoring, sharing, and consumption
1.6 Explain the role of the endpoint in protecting humans from phishing and social engineering attacks
1.7 Explain North Bound and South Bound APIs in the SDN architecture
1.8 Explain DNAC APIs for network provisioning, optimization, monitoring, and troubleshooting
1.9 Interpret basic Python scripts used to call Cisco Security appliances APIs
20% 2.0 Network Security
2.1 Compare network security solutions that provide intrusion prevention and firewall capabilities
2.2 Describe deployment models of network security solutions and architectures that provide intrusion prevention and firewall capabilities
2.3 Describe the components, capabilities, and benefits of NetFlow and Flexible NetFlow records
2.4 Configure and verify network infrastructure security methods (router, switch, wireless)
2.4.a Layer 2 methods (Network segmentation using VLANs and VRF-lite; Layer 2 and port security; DHCP snooping; Dynamic ARP inspection; storm control; PVLANs to segregate network traffic; and defenses against MAC, ARP, VLAN hopping, STP, and DHCP rogue attacks
2.4.b Device hardening of network infrastructure security devices (control plane, data plane, management plane, and routing protocol security)
2.5 Implement segmentation, access control policies, AVC, URL filtering, and malware protection
2.6 Implement management options for network security solutions such as intrusion prevention and perimeter security (Single vs. multidevice manager, in-band vs. out-ofband, CDP, DNS, SCP, SFTP, and DHCP security and risks)
2.7 Configure AAA for device and network access (authentication and authorization, TACACS+, RADIUS and RADIUS flows, accounting, and dACL)
2.8 Configure secure network management of perimeter security and infrastructure devices (secure device management, SNMPv3, views, groups, users, authentication, and encryption, secure logging, and NTP with authentication)
2.9 Configure and verify site-to-site VPN and remote access VPN
2.9.a Site-to-site VPN utilizing Cisco routers and IOS
2.9.b Remote access VPN using Cisco AnyConnect Secure Mobility client
2.9.c Debug commands to view IPsec tunnel establishment and troubleshooting
15% 3.0 Securing the Cloud
3.1 Identify security solutions for cloud environments
3.1.a Public, private, hybrid, and community clouds
3.1.b Cloud service models: SaaS, PaaS, IaaS (NIST 800-145)
3.2 Compare the customer vs. provider security responsibility for the different cloud service models
3.2.a Patch management in the cloud
3.2.b Security assessment in the cloud
3.2.c Cloud-delivered security solutions such as firewall, management, proxy, security intelligence, and CASB
3.3 Describe the concept of DevSecOps (CI/CD pipeline, container orchestration, and security
3.4 Implement application and data security in cloud environments
3.5 Identify security capabilities, deployment models, and policy management to secure the cloud
3.6 Configure cloud logging and monitoring methodologies
3.7 Describe application and workload security concepts
15% 4.0 Content Security
4.1 Implement traffic redirection and capture methods
4.2 Describe web proxy identity and authentication including transparent user identification
4.3 Compare the components, capabilities, and benefits of local and cloud-based email and web solutions (ESA, CES, WSA)
4.4 Configure and verify web and email security deployment methods to protect onpremises and remote users (inbound and outbound controls and policy management)
4.5 Configure and verify email security features such as SPAM filtering, antimalware filtering, DLP, blacklisting, and email encryption
4.6 Configure and verify secure internet gateway and web security features such as blacklisting, URL filtering, malware scanning, URL categorization, web application filtering, and TLS decryption
4.7 Describe the components, capabilities, and benefits of Cisco Umbrella
4.8 Configure and verify web security controls on Cisco Umbrella (identities, URL content settings, destination lists, and reporting)
10% 5.0 Endpoint Protection and Detection
5.1 Compare Endpoint Protection Platforms (EPP) and Endpoint Detection & Response (EDR) solutions
5.2 Explain antimalware, retrospective security, Indication of Compromise (IOC), antivirus, dynamic file analysis, and endpoint-sourced telemetry
5.3 Configure and verify outbreak control and quarantines to limit infection
5.4 Describe justifications for endpoint-based security
5.5 Describe the value of endpoint device management and asset inventory such as MDM
5.6 Describe the uses and importance of a multifactor authentication (MFA) strategy
5.7 Describe endpoint posture assessment solutions to ensure endpoint security
5.8 Explain the importance of an endpoint patching strategy
15% 6.0 Secure Network Access, Visibility, and Enforcement
6.1 Describe identity management and secure network access concepts such as guest services, profiling, posture assessment and BYOD
6.2 Configure and verify network access device functionality such as 802.1X, MAB, WebAuth
6.3 Describe network access with CoA
6.4 Describe the benefits of device compliance and application control
6.5 Explain exfiltration techniques (DNS tunneling, HTTPS, email, FTP/SSH/SCP/SFTP, ICMP, Messenger, IRC, NTP)
6.6 Describe the benefits of network telemetry
6.7 Describe the components, capabilities, and benefits of these security products and solutions
6.7.a Cisco Stealthwatch
6.7.b Cisco Stealthwatch Cloud
6.7.c Cisco pxGrid
6.7.d Cisco Umbrella Investigate
6.7.e Cisco Cognitive Threat Analytics
6.7.f Cisco Encrypted Traffic Analytics
6.7.g Cisco AnyConnect Network Visibility Module (NVM)
Implementing and Operating Cisco Security Core Technologies (SCOR)
Cisco Implementing test
Killexams : Cisco Implementing test - BingNews https://killexams.com/pass4sure/exam-detail/350-701 Search results Killexams : Cisco Implementing test - BingNews https://killexams.com/pass4sure/exam-detail/350-701 https://killexams.com/exam_list/Cisco Killexams : Cisco security upgrades strengthen access control, risk analysis

Cisco has strengthened some of its key security software packages with an eye toward better protecting distributed enterprise resources.

Specifically, Cisco added more intelligence to its Duo access-protection software and introduced a new application called Business Risk Observability that can help enterprises measure the impact of security risks on their core applications. The company also enhanced its SASE offering by expanding its SD-WAN integration options.

Cisco Duo enhancements strengthen access control

The cloud-based Duo service helps protect organizations against cyber breaches by using adaptive multi-factor authentication (MFA) to verify the identity of users and the health of their devices before granting access to applications.

Cisco paid $2.35 billion in 2018 for Duo and has been enhancing and expanding its use across its product line. Most recently, Cisco rolled out Duo Passwordless Authentication with support for biometric authentication, including Microsoft Windows and Apple Macs. Passwordless authentication is aimed at reducing the risk of phishing attacks and their ability to utilize stolen passwords as well as addressing MFA fatigue.

With that in mind, the Duo service now also supports features called Remembered Devices and Wi-Fi Fingerprint that allow users to avoid repeated authentications as they move from application to application in trusted operations. Another new feature, called Verified Push, enables Duo to recognize behavior from known attack patterns and require the user to enter a code instead of just pushing a button to confirm.

Using MFA fatigue as an attack vector has led to some high profile breaches, said Tom Gillis, senior vice president and general manager of security at Cisco. “Attackers have built an attack that will look like an MFA request on your phone, but it's actually a way to get into the network,” he said. “So rather than have users mindlessly clicking through MFA requests, we have added the ability to intelligently and selectively let customers set a security policy that reduces that possibility.”

Copyright © 2023 IDG Communications, Inc.

 Tue, 07 Feb 2023 05:20:00 -0600 en text/html https://www.networkworld.com/article/3687139/cisco-security-upgrades-strengthen-access-control-risk-analysis.html Killexams : PagerDuty CIO: ‘Automation is an organisation’s friend when it comes to security’

Sesh Tirumala. Image: PagerDuty.

PagerDuty’s Sesh Tirumala speaks to SiliconRepublic.com about his role as CIO and the vital role of automation in digital transformation.

Sesh Tirumala is the CIO of PagerDuty, a cloud computing company specialising in a SaaS incident response platform for IT departments.

Prior to joining PagerDuty, Tirumala served as divisional CIO at software company Cisco Systems. He then went on to serve as the CIO at Anaplan, where he oversaw IT and partnered closely with Anaplan’s product, go-to-market and business operations and systems teams.

In his current role, Tirumala and his team are responsible for creating data-driven relationships with customers while improving operational efficiency and streamlining employee experience.

“At the end of the day, I’m responsible for ensuring that PagerDuty retains the trust of our customers when it comes to all things information and data,” he told SiliconRepublic.com.

‘Many organisations can tell you what happened yesterday, but very few can tell you what will happen tomorrow’

– SESH TIRUMALA

What are some of the biggest challenges you’re facing in the current IT landscape?

The current IT landscape is defined by a set of challenges, all colliding simultaneously. IT leaders are facing downward budget pressure to consolidate vendors, deal with understaffed and overworked teams, and generally do more with less. The digital operations they manage are more important to their business’ success than ever and consumer expectations continue to rise.

So, IT leaders must stay laser focused on improving customer experience amid their organisations’ digital transformations. Forrester says that 82pc of customers say they are likely to spend more with brands that make them feel appreciated and respected. Delivering on that requires a lot of internal collaboration between customer-facing teams and the developers and engineers who are responsible for delivering interactions they don’t often see themselves!

This leads onto another challenge – how can tech help create a culture of accountability as companies grow? DevOps encodes for a culture of accountability. You might say ‘don’t wait for things to break – test, fix and innovate before they break’. Cloud, automation, and great communications and software are needed to make this happen.

Operational efficiency will need to be a big mantra. Learning to love automation and AIOps is key – but it involves keeping staff happy with processes so the technology works for the domain experts, not the people working to tech’s rule. That’s a recipe for burnout and certified quitting.

As most organisations must, PagerDuty continues to increase and Strengthen our security posture in an environment where security threats are rapidly changing and generally increasing year-over-year. All of these challenges are vital for trust.

What are your thoughts on digital transformation?

Covid-19 brought opportunities for companies who invested early in their digital operations. Those that struggled found employee burnout and many of them were the main victims of the ‘great resignation’ and ‘quiet quitting’. But now, every business is a digital business and transformation can’t be halted midway through.

Part of the solution lies in the adoption of automation across IT and the rest of the organisation. Most places of work have a digital offering, either their own customer or internal services. Where there are digital operations, there is room to use automation to support faster and more agile work.

PagerDuty works to Strengthen our customers’ digital operations by resolving incidents faster, automating tasks across teams, and helping our users build more resilient services. While helping drive customers’ digital transformation journeys, we’re also implementing practices learned along the way into our own business. Design thinking and agility are at the heart of how we work, but staying close to our users, listening to their needs and pivoting our own models is just as crucial in transforming our customers’ and employees’ experiences.

How can sustainability be addressed from an IT perspective?

Being a modern SaaS company, we’re naturally asset light. Everything is consumed as a service. That means no data centres, no lab infrastructures and so on. We view this as a key part of our own sustainability measures.

Integrating environmental, social and governance goals into daily operations is critical to corporate resiliency. Making efficient operations a major goal is key, not only for environmental sustainability, but for measuring and solving broader social goals. IT can help make this easier, but again, to not add to the burden, automation is a critical component in taking away burdens, time and energy from valuable people’s remits.

What big tech trends do you believe are changing the world?

Businesses need to think about DataOps as inseparable from DevOps – especially if you want to treat data, both structured and unstructured, as an asset. As businesses have found with DevOps and digital operations already, they need to move to a proactive stance to achieve the best efficiency. Many organisations can tell you what happened yesterday, but very few can tell you what will happen tomorrow, and as an industry we need to collectively change that orientation. When we mature our customers’ digital operations, we can deliver that foresight to them.

Investments in DevOps that power teams to accelerate operational maturity means more consistent working hours for teams and fewer fire alarms going off in the middle of the night, which improves attrition and burnout rates. And finally, operational maturity and investment in modern practices leads to better response time and more even distribution of work across teammates.

How can we address the security challenges currently facing your industry?

Organisations have come to understand the risk of external threats, but we need to continue proactively looking for the weakest link within an organisation. It may sound pessimistic, but one of the biggest threats facing an enterprise is that of internal threats. Taking this approach requires continuous monitoring and evaluation of software passage levels, admin access, software updates and more.

In addition to taking stock of internal processes, it’s imperative to have an outside-in view, where organisations evaluate what industry peers are doing and implement the best practices.

Lastly, automation is an organisation’s friend when it comes to security. Consider an employee who may have previously had top-level security clearance and access within an organisation who changed roles and no longer needs those same privileges. By leveraging automation, seemingly tedious (but nevertheless critical) processes such as provisioning and deprovisioning become more consistent and leave less room for operational error.

The key to facing ever-evolving security threats is to have a similarly ever-evolving mindset of learning. Consider what you learnt from a previous incident and what the root cause was. From there, we can strengthen processes and establish guardrails, and create a formula for success with the right people, the right processes, and the right technologies.

10 things you need to know direct to your inbox every weekday. Sign up for the Daily Brief, Silicon Republic’s digest of essential sci-tech news.

 Thu, 09 Feb 2023 19:31:00 -0600 en text/html https://www.siliconrepublic.com/enterprise/sesh-tirumala-pagerduty Killexams : STOCK MARKET NEWS: Retail sales jump, stocks rise, Buffett’s Apple move, Chipotle launch

Stanford law professor, researcher co-signed Bankman-Fried's bond: court records

A former dean of Stanford's law school and a computer science researcher at the university co-signed indicted FTX cryptocurrency exchange founder Sam Bankman-Fried's bond, according to court records made public on Wednesday.

Bankman-Fried, 30, has pleaded not guilty to fraud charges over the collapse of the now-bankrupt cryptocurrency exchange. Federal prosecutors in Manhattan say he diverted billions of dollars in FTX customer funds to Alameda Research, his hedge fund.

Bankman-Fried has been out on $250 million bond co-signed by his parents, Joseph Bankman and Barbara Fried, professors at Stanford Law School who pledged their Palo Alto, California, home as collateral for their son's return to court. His trial is set to begin in October.

Chipotle Mexican Grill launches new restaurant to test concepts

Symbol Price Change %Change
CMG $1,644.52 30.21 1.87

Chipotle Mexican Grill is opening a new restaurant called Farmesa at Third Street Promenade in Santa Monica, Calf. in partnership with Kitchen United Mix.

The concept will help the fast casual dining chain test and learn on future restaurant concepts.

Farmesa will feature proteins, greens, grains and vegetables that are inspired by Chipotle's Food with Integrity standards. The concept will soft open with an abbreviated menu and limited hours before officially rolling out next month.

The concept's full menu will include dishes like Classic Santa Maria-Style Grilled Tri-Tip Steak, Everything Spice-Crusted Ora King Salmon, Whipped Potatoes, Golden Beets, Sprouted Cauliflower, and Sweet Potato Chips.

Roku forecasts first-quarter revenue above estimates on streaming bet

Symbol Price Change %Change
ROKU $63.49 6.85 12.09

Roku Inc forecast first-quarter revenue above analysts' estimates on Wednesday, betting on its streaming devices and content platform to drive growth.

Shares of the San Jose, California-based company rose nearly 12% in trading after the bell.

A pandemic winner, Roku is benefiting from the ongoing trend of people ditching their traditional cable packages and flocking to subscription-based streaming services.

The company's push towards more original content on its own streaming channel has only helped it to strengthen the influx of subscribers and advertisers.

Many advertisers have been forced to decrease their marketing budgets in response to record-high inflation rates and continued uncertainty about a recession.

Cisco raises full-year revenue growth forecast

Symbol Price Change %Change
CSCO $48.45 0.75 1.57

Cisco Systems Inc raised its full-year revenue growth forecast on Wednesday, banking on its ability to push backlog orders quickly and rapid adoption of 5G technology to keep demand upbeat.

Cisco's shares rose 10% in extended trading.

The company forecast fiscal 2023 revenue growth between 9% and 10.5%, compared with its earlier forecast of 4.5% to 6.5% growth.

Cisco, whose products are core to a firm's networking infrastructure, has benefited as companies are increasingly adopting technologies like cloud and digital workloads to support hybrid work.

The company, which reeled from chip shortages and excess inventory buildup last year, is also pushing to clear the backlog orders, which the management described last quarter as historically high.

Breaking News

Nasdaq leads broad stock gains

Symbol Price Change %Change
XLY $153.53 1.41 0.93
XLC $56.13 0.37 0.66
XLE $88.33 -1.69 -1.87

All three of the major U.S. averages rose as communication and consumer discretionary stocks paced the gains, while energy lagged. following a surprise jump in retail sales last month. The 10-year Treasury yield continued its climb hitting 3.80% - the highest since January. In commodities, oil slipped to $78.59 per barrel. 

Nasdaq Composite Index.

$

12070.592939

Hyundai, Kia offer software upgrade to 8.3M US vehicles to prevent thefts

Symbol Price Change %Change
HYMTF $35.32 0.32 0.91

Hyundai Motor and Kia Corp will offer software upgrades to 8.3 million U.S. vehicles to help curb increasing car thefts using a method popularized on TikTok and other social media channels, the Korean automakers said on Tuesday.

TikTok videos showing how to steal cars made from 2015 to 2019 without push-button ignitions and immobilizing anti-theft devices has spread nationwide. This had led to at least 14 reported crashes and eight fatalities," the National Highway Traffic Safety Administration (NHTSA) said.

The free upgrade will be offered for 3.8 million Hyundai and 4.5 million Kia vehicles in the United States, the automakers and NHTSA said.

FAA forms safety review team after near miss incidents

The acting head of the Federal Aviation Administration (FAA) is forming a team of experts to review airline safety after several accurate near miss incidents raised questions about the U.S. aviation system.

Acting FAA Administrator Billy Nolen in a "call to action" memo on Tuesday seen by Reuters said the safety review team will "examine the U.S. aerospace system’s structure, culture, processes, systems, and integration of safety efforts."

The FAA will hold a safety summit in March to examine what additional actions "the aviation community needs to take to maintain our safety record."

The National Transportation Safety Board (NTSB) is investigating a series of serious close calls including a near collision last month between FedEx FDX.N and Southwest Airlines LUV.N planes in Austin and a runway incursion at New York's John F. Kennedy Airport.

Ford fights $8B cost deficit, aims to secure 8% EV margins

Symbol Price Change %Change
F $12.74 -0.23 -1.73

Ford Motor Co has identified measures to secure 8% margins on its next-generation electric vehicles due at mid-decade, but could take years to close an overall cost disadvantage of up to $8 billion against competitors, executives said on Wednesday

.Ford can save up to $2.5 billion this year through better management of production schedules and a drop in commodity prices, the company's chief financial officer, John Lawler, said at an auto conference.

Longer term, the company aims to reduce dealer inventories and drive more transactions online, among other measures, according to Chief Executive Jim Farley.

Travel tech provider Sabre plunges after missing Wall Street estimates

Symbol Price Change %Change
SABR $5.80 -1.08 -15.75

Sabre Corp. on Wednesday reported a loss of $160.1 million in its fourth quarter.

On a per-share basis, the Southlake, Texas-based company said it had a loss of 50 cents. Losses, adjusted for pretax expenses and stock option expense, were 36 cents per share.

The results missed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 32 cents per share.

The provider of technology services to the travel industry posted revenue of $631.2 million in the period, which also missed Street forecasts. Three analysts surveyed by Zacks expected $673.9 million.

For the year, the company reported a loss of $435.4 million, or $1.40 per share. Revenue was reported as $2.54 billion.

Sabre expects full-year revenue in the range of $2.8 billion to $3 billion.

Developing Story

U.S. stocks slip despite rise in retail

The U.S. stock indexes are down again on Wednesday despite a surge in January’s retail sales.

The Dow, S&P and Nasdaq are all trading well beneath the redline after the commerce department reported a 3% spike in U.S. retailers last month.

Shares of Chevron and Intel Corporation are leading the fall for the blue-chip Dow, slipping roughly 1.5% and 1.17%, respectively. 

Symbol Price Change %Change
CVX $168.75 -2.06 -1.21
INTC $28.38 -0.26 -0.91

Meanwhile, commodities are also down in early trading, with oil falling around 1% to $78.27 a barrel as gold retreats approximately 0.93% to $1,848 an ounce. 

Heineken sees 2023 profit increase despite Europe weakness

Symbol Price Change %Change
HEINY $49.71 0.39 0.79

Heineken, the world's second-largest brewer , repeated its forecast of a profit increase this year despite weakness in Europe, as it reported a higher-than-expected 2022 profit on the back of a recovery in beer drinking to pre-pandemic levels.

The Dutch-based company whose brands include Tiger and Sol said operating profit would grow but at a slower mid- to high-single-digit percentage rate in 2023, reflecting continued cost savings, a challenging economy and lower consumer confidence in some markets.

“Heineken has shown the benefits of having strong brands during tough times . The group owns high-end favorites such as Heineken, Birra Moretti, Amstel and many more,” said  Aarin Chiekrie, equity analyst at Hargreaves Lansdown. “Despite consumers tightening their purse strings in other areas of the market, beer has remained as much of a staple as ever. Both sales and profits rose substantially as consumers drank more beer at higher prices.”

Chiekrie added a cautionary note.

“Sales and profits are expected to moderate next year, cooling down to more sustainable levels of growth in the single digits. Cost inflation is a serious concern for the group too. Input costs are expected to jump by a high teens percentage which will be tough to fully offset, even with further price hikes.”

Reuters contributed to this report.

Retail sales jump as Americans defy inflation and rate hikes

America's consumers rebounded last month from a weak holiday shopping season by boosting their spending at stores and restaurants at the fastest pace in nearly two years, underscoring the economy's resilience in the face of higher prices and multiple interest rate hikes by the Federal Reserve.

The government said Wednesday that retail sales jumped 3% in January, after having sunk the previous two months. It was the largest one-month increase since March 2021.

Driving the gain was a jump in car sales, along with healthy spending at restaurants, electronics stores and furniture outlets. Some of the supply shortages that had slowed auto production have eased, and more cars are gradually moving onto dealer lots. The enlarged inventories have enabled dealers to meet more of the nation's pent-up demand for vehicles.

Online gaming platform Roblox tops Wall Street estimates

Symbol Price Change %Change
RBLX $35.67 1.24 3.60

Roblox Corp. on Wednesday reported a loss of $289.9 million in its fourth quarter.

The San Mateo, California-based company said it had a loss of 48 cents per share.

The results surpassed Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for a loss of 55 cents per share.

The online gaming platform posted revenue of $579 million in the period. Its adjusted revenue was $899.4 million, which also beat Street forecasts. Nine analysts surveyed by Zacks expected $888.5 million.

For the year, the company reported a loss of $924.4 million, or $1.55 per share. Revenue was reported as $2.87 billion.

H&M and Remondis form textiles recycling venture

Symbol Price Change %Change
HNNMY $2.42 -0.01 -0.62

H&M, the world's second biggest fashion retailer, said on Wednesday it had formed a joint venture with German recycling group Remondis to collect, sort and sell used and unwanted garments and textiles.

The fast-fashion industry to which H&M belongs is looking for ways to curb its carbon footprint in response to growing demands from investors to take more responsibility for the environment.

The 50-50 owned venture, called Looper Textile, is starting its operations in Europe and aims to extend the life cycle of some 40 million garments in 2023, H&M said in a statement.

The venture plans to test new collection schemes and implementing automated technologies, including "near-infrared sorting", H&M said.

Elon Musk's pays it forward

Elon Musk, the world's richest man, donated nearly $2 billion to charity using Tesla stock.

Kraft Heinz forecasts 2023 profit below estimates on higher costs

Symbol Price Change %Change
KHC $39.88 -0.45 -1.12

Kraft Heinz forecast annual profit below Wall Street estimates on Wednesday, expecting cost inflation to eat into margins even as higher prices boost sales.

Kraft said average selling prices rose 15.2 percentage points in the fourth quarter, driving sales 10% higher to $7.38 billion, above analysts' average estimate of $7.27 billion in Refinitiv IBES data.

Excluding one-off items, Kraft earned 85 cents per share, topping analysts' estimate of 78 cents per share.

The company forecast annual adjusted earnings of between $2.67 and $2.75 per share, below the market estimate of $2.77 per share.

The Pittsburgh-based maker of Kool-Aid and Velveeta Cheese also said it expected organic net sales growth of 4% to 6% in 2023, slightly above estimate of 4.8%.

Analog Devices beats Wall Street expectations

Symbol Price Change %Change
ADI $182.54 2.09 1.16

Analog Devices Inc. on Wednesday reported fiscal first-quarter profit of $961.5 million.

The Wilmington, Massachusetts-based company said it had profit of $1.88 per share. Earnings, adjusted for costs related to mergers and acquisitions, came to $2.75 per share.

The results surpassed Wall Street expectations. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of $2.59 per share.

The semiconductor maker posted revenue of $3.25 billion in the period, also topping Street forecasts. Eleven analysts surveyed by Zacks expected $3.14 billion.

For the current quarter ending in April, Analog Devices expects its per-share earnings to range from $2.65 to $2.85. Analysts surveyed by Zacks had forecast adjusted earnings per share of $2.50.

The company said it expects revenue in the range of $3.1 billion to $3.3 billion for the fiscal second quarter. Analysts surveyed by Zacks had expected revenue of $3.11 billion.

Analog Devices shares have increased 11% since the beginning of the year, while the S&P's 500 index has climbed almost 8%. The stock has risen 19% in the last 12 months.

ETFs a hedge for inflation?

Exchange-traded funds include a basket of thousands of individual securities, offer all the liquidity of a stock and the diversity of a mutual fund while offering protection against inflationary pressures and a weakened U.S. dollar.

ETFs operate much like mutual funds but are built to track a specific or basket of financial assets. While ETFs have lower costs, better intraday liquidity and are considered more tax efficient, many are also more passive in nature than mutual funds, which have an actively managed fund structure.

TFs tracking companies like Coca-Cola, General Mills, Costco, Colgate-Palmolive, and Campbell Soup are common for Wall Street traders in a shrunken economy with diminished currency, as are funds based on material wealth like gold and silver.

Symbol Price Change %Change
KO $59.59 -1.01 -1.67
GIS $75.35 -1.25 -1.63
COST $503.22 -3.23 -0.64
CL $73.18 -0.59 -0.80
CPB $51.02 -0.78 -1.51

Consumer staple stocks are always in demand, even during economic downturns, because consumers will always need to eat, drink, and rely on household products including cleaners and soaps.

All types of investors may utilize ETFs, from passive savers pursuing broad market exposure to sophisticated investors looking for exposure to a particular segment of the market.

Republicans send stern message to Biden about oil proposal

Republican lawmakers in Alaska are urging the Biden administration to allow a major oil project on the petroleum-rich North Slope to continue.

The Biden administration "damn well better not kill the project, period," Sen. Lisa Murkowski told a group of reporters on Tuesday. The project has been described as economically critical for Indigenous communities and important for the nation's energy security.

The lawmaker’s comments come after the U.S. Bureau of Land Management conducted an environmental review earlier this month of an initial proposal of ConocoPhillips Alaska's Willow project, ultimately reducing the number of proposed drill sites.

The preferred alternative that was offered reduced the five drill sites favored by the company to just three suggested by the government. The alternative has its proponents, including Alaska's bipartisan congressional delegation.

Futures trade lower ahead of retail data

U.S. equity futures traded lower Wednesday morning ahead of the latest retail reading.

The major futures indexes suggest a decline of 0.3% when the opening bell rings.

Oil prices added to accurate losses Wednesday as a much bigger-than-expected surge in the U.S. crude inventories.

West Texas Intermediate (WTI) crude futures traded around $78.00 per barrel.

Brent crude futures traded around $84.00 per barrel.

On the economic agenda, the consumer will take center stage with the January retail sales report.

Economists surveyed by Refinitiv anticipate consumer spending rose 1.8% after a larger-than-expected decline of 1.1% in December.

Excluding the automotive component, spending is seen climbing 0.8% in January, also rebounding from a drop of 1.1% the prior month.

Major earnings reports are expected from Kraft Heinz, Biogen, Cisco Systems and AIG.

In Asia, the Nikkei 225 in Tokyo gave up 0.4%, the Hang Seng in Hong Kong tumbled 1.4% and China's Shanghai Composite Index lost 0.4%.

Wall Street ended mixed Tuesday after inflation slowed to 6.4% in January from the previous month’s 6.5%. 

The benchmark S&P 500 index edged down less than 0.1% to 4,136.13. The Dow Jones Industrial Average lost 0.5% to 34,089.27 while the Nasdaq gained 0.6% to 11,960.15.

Warren Buffett's Berkshire Hathaway makes quarterly portfolio changes

Berkshire Hathaway added to some holdings and cut back on others last quarter.

Taiwan Semiconductor shares are down 6% in premarket trading as Berkshire cut its stake.

The company also trimmed back some bank shares and added to its Apple holdings.

Airbnb confident on revenue as travel demand defies recession fears

Airbnb shares are gaining 9% in premarket trading after the company forecast current-quarter revenue above Wall Street estimates as demand for travel shows little signs of cooling off.

A stronger U.S. dollar and reopening of closed borders have empowered consumers to spend more on travel even as recession fears have sparked concerns over discretionary spending.

Airbnb said travel demand continues to be strong in the first quarter despite recessionary fears sparking concerns around consumer spending.

"We're particularly encouraged by European guests booking their summer travel earlier this year," Airbnb said.

The company forecast first-quarter revenue between $1.75 billion and $1.82 billion, higher than analysts' expectations of $1.69 billion, as per Refinitiv data.

Revenue rose 24% to $1.90 billion during the holiday quarter ended December, lower than the preceding two quarters, but beat analysts' average estimate of $1.86 billion.

Airbnb reported a quarterly net profit of $319 million, or 48 cents per share, compared with a profit of $55 million, or 8 cents per share, a year earlier.

Posted by Reuters

Tripadvisor beats Wall Street expectations

Tripadvisor shares are 9% higher in premarket trading after the company topped Wall Street estimates.

Fourth quarter revenue rose 47% to $354 million. Analysts expected $343.9 million.

Net income was $24 million for the three months ended Dec. 31. compared to a year ago loss of $1 million.

Non-GAAP earnings were 16 cents, topping the estimate of 4 cents.

“Our results reflect a combination of continued strength in the travel industry, the value our portfolio provides to travelers and partners, and the focus of our teams,” said CEO Matt Goldberg. “As we enter 2023, we will continue to leverage these strengths while identifying new opportunities to reinforce and accelerate our performance and drive sustainable profitable growth.”

Kraft Heinz and Cisco headline earnings

In the morning watch for numbers from food giant Kraft Heinz, auto retailer Lithia Motors, chip maker Analog Devices, homebuilder Taylor Morrison Home, and biotechnology firm Biogen among more. 

Networking equipment maker and Dow member Cisco Systems will be in the earnings spotlight Wednesday afternoon.

Investors will also watch for results from insurer AIG, e-commerce firm Shopify, and hospitality REIT Host Hotels & Resorts among others.

Retail sales headlines economic data

An exceptionally busy morning of economic data awaits investors on Wednesday. 

The consumer will take center stage with the January retail sales report. Economists surveyed by Refinitiv anticipate consumer spending rose 1.8% after a larger-than-expected decline of 1.1% in December.

Excluding the automotive component, spending is seen climbing 0.8% in January, also rebounding from a drop of 1.1% the prior month. 

The New York Federal Reserve will release its closely watched gauge of regional manufacturing activity. The Empire State Manufacturing Survey is expected to rise to -18.0 this month. That’s after tumbling unexpectedly to -32.9 in January, the lowest since May 2020, on weak demand.

A number below zero means that more New York-area manufacturers say business conditions are worsening than improving.

The Federal Reserve will post industrial production data for January.  

Watch for when the National Association of Homebuilders releases its Housing Market Index for February. 

We'll also get December business inventories.

Oil prices drop on demand worries

Oil prices added to accurate losses Wednesday as a much bigger-than-expected surge in the U.S. crude inventories and expectations of further interest rate hikes sparked concerns over demand and economic recession.

West Texas Intermediate (WTI) crude futures traded around $78.00 per barrel.

Brent crude futures traded around $84.00 per barrel.

U.S. crude inventories rose by about 10.5 million barrels in the week ended Feb. 10, according to market sources citing American Petroleum Institute (API) figures on Tuesday.

The build was much larger than the 1.2 million-barrel rise that nine analysts polled by Reuters had expected.

Official government inventory estimates are due Wednesday morning.

Meanwhile, a Federal Reserve official said on Tuesday the U.S. central bank will need to keep gradually raising interest rates to beat inflation after data showed that U.S consumer prices accelerated in January.

Price of gasoline ticks higher

The price of gasoline moved higher on Wednesday.

The nationwide price for a gallon of gasoline ticked higher to $3.418, according to AAA.

The average price of a gallon of gasoline on Tuesday was $3.414.

A year ago, the price for a gallon of regular gasoline was $3.498.

One week ago, a gallon of gasoline cost $3.445.  A month ago, that same gallon of gasoline cost $3.30.

Gas hit an all-time high of $5.016 on June 14.

Diesel remains below $5.00 per gallon at $4.542, but that is still far from the $3.905 of a year ago.

Cryptocurrency prices for Bitcoin, Ethereum were trading lower and Dogecoin higher on Wednesday

Bitcoin was trading around $22,000, after snapping a two-day losing streak.

For the week, Bitcoin was down more than 4%.

For the month, the cryptocurrency was off 3%, but up more than 34% year-to-date.

Ethereum was trading around $1,500, after losing nearly 7% in the past week.

Dogecoin was trading at 8 cents, after losing more than 9% in the past week.

 Wed, 15 Feb 2023 07:26:00 -0600 en text/html https://www.foxbusiness.com/live-news/stock-market-news-today-february-15-2023 Killexams : Managed Services Market Size According To Latest Research On Focusing On Leading Manufacturers 2023-2033
(MENAFN- America News Hour)

The Managed Services market is anticipated to witness a CAGR of approximately 11.27% over the forecast period. Enterprises and government organizations across the world are moving from test environments to place more of their work-critical workloads and compute instances into the cloud. Further, owing to the rapidly increasing adoption of IoT, cloud, and Big Data analytics across multiple organizations as a major part of their digital transformation strategy, the burden on the data centers is also increasing. This is leading to the growth of the market.
– The managed services, for cloud, IoT platforms, containers, DevOps, and Big Data, are expected to hold tremendous potentials for managed service providers during the forecast period. Additionally, according to Cisco, 46% of network devices are likely to be machine-to-machine or IoT, by 2020, which are vulnerable to attacks.
– The global market for managed services is expected to witness a high demand for managed mobility and information services. There has been a tremendous shift in focus towards the managed services and their applications for both the short and long-term strategic decisions. It is estimated that successful deployment of managed services will help in reducing IT cost by 25-45% and will also increase the operational efficiency by 45-65%.
– Additionally, over the past few years, organizations have been actively amending their strategies to get the maximum benefit out of managed services. For instance, in the past years it has been observed that organizations are increasingly focusing on the reduction of cost by cutting down the number of suppliers and reducing the payment size. As a result, the demand for bundled services has gained immense traction in the market over the discrete offerings.
– According to an IBM security analysis quoted in IT World Canada, misconfigured servers accounted for approximately 86% of the 8.5 billion records that were compromised last year on a global level. Although the number of misconfigured incidents decreased in 2019 as compared to 2018, the total number of records affected increased. Misconfigurations can occur across many paths, including the cloud storage, open internet-connected network area storage devices, and improperly secured sync backups. To mitigate these misconfigurations, enterprises across the world are adopting managed service providers.
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Key Market Trends
Increasing Shift to Hybrid IT is Expected to Drive the Market
– The adoption of IoT solutions, which connects hardware devices, embedded software, communication services, and managed services, and offers smart communication environments, smart transportation, such as smart homes, smart healthcare is expected to drive the market during the forecast period.
– Moreover, according to a accurate Microsoft report“IoT signals” (published in July 2019), which features a survey of more than 3,000 IoT decision-makers in enterprise organizations, suggests that IoT adoption is rising rapidly and is leading to considerable business transformation.
– According to the report, 85% of the surveyed enterprises are actively adopting IoT solutions, while over 88% of the see IoT as critical to business success. Also, businesses adopting IoT believe to witness a 30% ROI on their IoT projects. Additionally, critical technology factors, driving IoT success in the next two years, are likely to be AI (Artificial Intelligence), edge computing, and 5G, followed by digital twins and blockchain.
– Additionally, enterprise mobility trend has emerged over the years. The companies today are primarily focusing on business strategies and core competencies, fueling the utilization and adoption of bring-your-own-device (BYOD). This increases the requirement of streamlined mobility services, which is likely to boost the demand for managing these mobile devices.
Asia-Pacific is Expected to be the Fastest Growing Market
– The digital transformation has become a top priority in China and it is moving at a rapid pace, as a greater number of companies are implementing formal strategies to support their efforts. China Telecom has mentioned that in 2013, cloud computing was only worth 3% of China's enterprise IT market, and it is expected to grow up to 20% by 2020.
– The managed service providers in China are focusing on reducing security risks and optimize operations for the end users by keeping up with the latest technologies. The managed services market is majorly offered by the telecommunication companies in the country.
– Further, The Indian IT and IT-enabled services industry is the dominating source for most of the countries worldwide, which accounted for over 55% of the global services sourcing businesses in 2018 (IBEF). Indian IT and IT-enabled services companies have set up over 1,000 global delivery centers in about 80 countries across the world. Also, the business process management sectors account for 32% of the revenue in the Indian IT market.
– Additionally, banking sector in India is experiencing a colossal change due to the rapid evolution of technology in their vertical, which led to the adoption of cloud computing services by these organizations for addressing their issues. Further, the managed storage providers in the country are investing in developing an integrated cloud storage platform dedicated to the BFSI sector. For instance, in August 2018, ESDS introduced Banking Community Cloud, which offers all the cloud-based services to the organizations in the sector for addressing issues, like security, compliance, and service norms
Competitive Landscape
The managed services market is consolidated, and it is dominated by major players. Some of the major players in the market are Cisco Systems Inc.​, IBM Corporation, Microsoft Corporation, Fujitsu Ltd, and Wipro Ltd, among others.
– January 2020 – HP announced a new range of cloud services for retailers and hospitality operators. HP“Engage Console” and HP“Engage Catalog” are developed to deliver easy and flexible retail solutions, to help these industries to increase productivity by reducing manual IT work.
– March 2020 – Infosys and IBM announced a partnership to help business enterprises accelerate their digital transformation activity using the IBM cloud services. This collaboration may help the enterprises transition, modernize, and transform their workflows and applications with IBM cloud services. This may help the enterprises that are operating in highly regulated industries, like BFSI, healthcare, and other industries.


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1 INTRODUCTION
1.1 Study Assumptions
1.2 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET INSIGHTS
4.1 Market Overview
4.2 Industry Attractiveness – Porter's Five Forces Analysis
4.2.1 Threat of New Entrants
4.2.2 Bargaining Power of Buyers/Consumers
4.2.3 Bargaining Power of Suppliers
4.2.4 Threat of Substitute Products
4.2.5 Intensity of Competitive Rivalry
4.3 Industry Value Chain Analysis
5 MARKET DYNAMICS
5.1 Market Drivers
5.1.1 Increasing Shift to Hybrid IT
5.1.2 Improved Cost and Operational Efficiency
5.2 Market Challenges
5.2.1 Integration and Regulatory Issues and Reliability Concerns
6 MARKET SEGMENTATION
6.1 By Deployment
6.1.1 On-premise
6.1.2 Cloud
6.2 By Type
6.2.1 Managed Data Centre
6.2.2 Managed Security
6.2.3 Managed Communications
6.2.4 Managed Network
6.2.5 Managed Infrastructure
6.2.6 Managed Mobility​
6.3 By Enterprise Size
6.3.1 Small- and Medium-Enterprises
6.3.2 Large Enterprises
6.4 By End-user Vertical
6.4.1 BFSI
6.4.2 IT and Telecommunication
6.4.3 Healthcare
6.4.4 Entertainment and Media
6.4.5 Retail
6.4.6 Manufacturing
6.4.7 Government
6.4.8 Other End-user Verticals
6.5 By Geography
6.5.1 North America
6.5.1.1 United States
6.5.1.2 Canada
6.5.2 Europe
6.5.2.1 United Kingdom
6.5.2.2 Germany
6.5.2.3 France
6.5.2.4 Rest of Europe
6.5.3 Asia-Pacific
6.5.3.1 China
6.5.3.2 India
6.5.3.3 Japan
6.5.3.4 Rest of Asia-Pacific
6.5.4 Latin America
6.5.4.1 Brazil
6.5.4.2 Argentina
6.5.4.3 Mexico
6.5.4.4 Rest of Latin America
6.5.5 Middle East & Africa
6.5.5.1 United Arab Emirates
6.5.5.2 Saudi Arabia
6.5.5.3 South Africa
6.5.5.4 Rest of Middle East & Africa
7 COMPETITIVE LANDSCAPE
7.1 Company Profiles
7.1.1 Fujitsu Ltd.
7.1.2 Cisco Systems Inc.​
7.1.3 IBM Corporation​
7.1.4 AT&T Inc.​
7.1.5 HP Development Company LP
7.1.6 Microsoft Corporation​
7.1.7 Verizon Communications Inc.​
7.1.8 Dell Technologies Inc.​
7.1.9 Nokia Solutions and Networks
7.1.10 Deutsche Telekom AG​
7.1.11 Rackspace Inc.​
7.1.12 Tata Consultancy Services Limited
7.1.13 Citrix Systems Inc.
7.1.14 Wipro Ltd
7.1.15 NSC Global Ltd
7.1.16 NSC Global Ltd
8 INVESTMENT ANALYSIS
9 MARKET OPPORTUNITIES AND FUTURE TRENDS

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 Sat, 11 Feb 2023 04:20:00 -0600 Date text/html https://menafn.com/1105559582/Managed-Services-Market-Size-According-To-Latest-Research-On-Focusing-On-Leading-Manufacturers-2023-2033 Killexams : Cisco beats earnings and revenue estimates, boosts full-year guidance
Cisco supply chain issues continue to ease

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Cisco reported better-than-expected fiscal second-quarter results on Wednesday and lifted its forecast for the full year. Shares of the computer networking company initially jumped in extended trading before paring most of their gains.

Here's how the company did:

  • Earnings: 88 cents per share, adjusted, vs. 86 cents per share as expected by analysts, according to Refinitiv.
  • Revenue: $13.59 billion vs. $13.43 billion as expected by analysts, according to Refinitiv.

Cisco's total revenue grew 7% year over year in the quarter, which ended Jan. 28, according to a statement. Net income fell about 7% to $2.77 billion.

Some components that go in Cisco's hardware products remain constraints, but the company did see an improvement across the board, CEO Chuck Robbins said on a conference call with analysts.

"Based on the sequentials that we saw, demand remains stable," he said, although he added some sales cycles are longer than usual.

Cisco's public sector business performed more strongly than it has historically, while in the service provider category, some customers are adjusting to the better delivery of the company's products into their environments, Robbins said.

The company called for fiscal third-quarter adjusted earnings of 96 cents to 98 cents per share and 11% to 13% revenue growth. Analysts surveyed by Refinitiv had been looking for adjusted earnings per share of 89 cents and revenue of $13.58 billion, which implies almost 6% growth.

Cisco lifted its guidance for the 2023 fiscal year, and now expects $3.73 to $3.78 in adjusted earnings per share and 9% to 10.5% revenue growth. Both numbers are well ahead of analysts' estimates.

But Cisco said its backlog increased year over year. The backlog for both hardware and software is still considerably higher than usual for Cisco because of limited supply availability, said Scott Herren, Cisco's finance chief.

"We continue to have very low order cancellation rates, which remain below pre-pandemic levels," Herren said.

Logistics costs have come down somewhat, he said.

In the fiscal second quarter Cisco's largest business segment, Secure, Agile Networks, featuring networking switches for data centers, posted $6.75 billion in revenue. That was up 14% and more than the $6.52 billion consensus among analysts polled by StreetAccount.

The Internet for the Future unit, which includes routed optical networking hardware, contributed $1.31 billion, down 1% and just below the $1.32 billion StreetAccount consensus.

Revenue from Cisco's Collaboration division containing Webex fell by 10% to $958 million, falling short of StreetAccount's $1.06 billion consensus.

In the quarter, Cisco announced updates to its AppDynamics cloud software for application monitoring and disclosed a restructuring plan that includes changes to its real estate portfolio.

Notwithstanding the after-hours move, Cisco shares have inched about 2% higher, while the S&P 500 index is up 8% in the same time period.

WATCH: Earnings season is in full swing, and here's how to play 3 of the biggest names

Earnings season is in full swing, and here's how to play 3 of the biggest names

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 Wed, 15 Feb 2023 17:23:00 -0600 en text/html https://www.cnbc.com/2023/02/15/cisco-csco-earnings-q2-2023.html Killexams : How Rural Healthcare Systems Can Strengthen Their Resilience

In rural southern Maryland, on a peninsula between the Patuxent River and the Chesapeake Bay, CalvertHealth has evolved along with its growing community. The health system, which celebrated its centennial in 2019, has evolved from a single two-story building into multiple modernized facilities, becoming a major private employer in Calvert County.

Melissa Hall, who became CalvertHealth’s chief nursing officer and vice president of clinical services in late 2022, first joined the health system as a manager of clinical informatics and then served as CIO. Her experience has offered her a unique perspective on technology’s role in care delivery.

“The strategy isn’t that much different,” she says. “As a nurse, I just want the systems to work. The IT side of me wants them to come back up quickly.”

Several years ago, Hall led the implementation of a tape-based, on-premises backup for CalvertHealth’s MEDITECH electronic health records system. The EHR backup was an important step, but it still took up to 72 hours, since servers had to be configured and managed manually. This left the health system vulnerable in the event of a cyberattack that took down critical clinical systems.

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Hall and other CalvertHealth leaders knew there was room for improvement, but amid tight budgets and competing priorities, an upgrade seemed too expensive. Instead, CalvertHealth migrated its EHR recovery site to Amazon Web Services.

Recovery time is now between two and four hours, Hall says, and CalvertHealth has since conducted two failover tests without anyone noticing.

“To me, it was a no-brainer. I thought, ‘If we don’t do it now, we won’t get to do it again.’ As a stand-alone, rural-based organization, we couldn’t achieve this on our own,” she says. “It was a huge win for us, and the driving piece of it was ensuring that we can deliver patient care.”

Rural Hospitals Have Unique Cybersecurity Challenges

While many healthcare systems across the U.S. face financial hardships and staffing shortages, smaller, rural hospitals are especially hard-hit and have been declining for more than a decade. Over 135 rural hospitals closed between 2010 and 2021, according to the American Hospital Association, with more hospitals at risk in the coming years.

In a troubling economic landscape, an increase in cyberattacks and vulnerabilities makes security investments imperative. Cyber incidents hit an all-time high in 2021, according to one analysis of government data. Still, Fitch Ratings warns that cybersecurity spending is likely to be a low priority for health systems focused on cost containment.

With all these concerns, rural health systems such as CalvertHealth face a sobering question: Can they afford to protect themselves?

But as rural populations continue to lack access to quality healthcare, the facilities that are still operating must remain able to respond to medical emergencies and otherwise serve their communities, says Natalie Schibell, vice president and research director at Forrester.

“Organizations have to consider the impact of cyberattacks on top of everything else,” she says. “If the economy doesn’t take them out, a cyberattack will. One click can shut down an entire hospital.”

As a nurse, I just want the systems to work. The IT side of me wants them to come back up quickly.”

Melissa Hall Chief Nursing Officer and Vice President of Clinical Services, CalvertHealth

Taking Healthcare Cybersecurity From Education to Action

Much farther north, Rich Ingersoll joined St. Lawrence Health, which includes the 94-bed Canton-Potsdam Hospital, in late 2019 as director of systems engineering and architecture after working at Cisco for nearly 20 years.

His goal from day one: Shore up cybersecurity. This meant making investments in modern tools and services, such as managed detection and response from Arctic Wolf; secure remote access with multifactor authentication; and governance, risk management and compliance software. It also included process improvements, such as creating incident response playbooks and conducting tabletop exercises.

LEARN MORE: Extend threat hunting to your health system's backups with Rubrik Security Cloud.

To make the case for these types of investments, Ingersoll and St. Lawrence Health CIO Lyndon Allen base their annual financial plans on systemwide security audits. These help the health system view security and disaster recovery as high priorities, Ingersoll says.

A Ryuk-variant ransomware attack in October 2020 put some of the health system’s hospitals to the test.

“We were able to implement continuity of care, and we never lost EHR access in our clinics,” Ingersoll says. “We were diverting ambulances for a little bit, but we weren’t down very long. If we had had to turn cancer patients away, that would have been devastating.”

Once hospital operations returned to normal, Ingersoll used the attack as a learning opportunity. “One of the biggest lessons was that not everybody needed email,” which had been the attack vector, he says.

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The Long-Term Impact of Improving Disaster Recovery Postures

New technology, better training, improved processes and a willingness to learn all help rural hospitals Strengthen their disaster recovery posture. And with guidance from federal agencies such as the National Institute of Standards and Technology, the tide is shifting toward a more coordinated, holistic approach to cybersecurity.

At CalvertHealth, Hall says it also helps to keep in mind disaster recovery’s impact on the wider community. The health system conducts annual decontamination drills in conjunction with the nearby Calvert Cliffs Nuclear Power Plant. These drills help both facilities prepare to maintain operations during emergency situations.

The most accurate drill included a ­ransomware attack. Had CalvertHealth’s previous backup technology been in place, “the hospital pretty much would have been brought to a screeching halt,” Hall says. Now, with a recovery time of less than four hours thanks to a cloud-based backup solution, the drill never reached that level of severity.

“It definitely changes your perspective,” Hall adds. “If people understand the impact of what happens when the system goes down, and we can bring it up faster, even when we’re getting hit with a lot of trauma because of a big event happening in the community, then it’s a win.” 

EXPLORE: Tips for healthcare organizations to prevent and respond to data breaches.

Photography By Gary Landsman

 Thu, 09 Feb 2023 07:21:00 -0600 Brian Eastwood en text/html https://healthtechmagazine.net/article/2023/02/how-rural-healthcare-systems-can-strengthen-their-resilience Killexams : Nokia advances 5G network slicing, FWA across Europe and Asia

As 5G network deployment hastens across the world, their capabilities are growing also. As part of its continued efforts to support operators’ needs to offer advanced 5G functionality, Nokia has announced that international communications platform company BICS has strengthened its network with a software-defined networking (SDN) controller it has developed, while China United Network Communication Group (CUC) is trialling a 5G fixed wireless access (FWA) solution based on its converged multi-access gateway.

Through implementing the Nokia SDN controller into its network, BICS said it would be able to unlock more intelligent traffic routing and pave the way for network slicing of local and roaming traffic. The new intelligence module automates optimal traffic routing on the network, improving overall performance for consumers while laying the groundwork for 5G network slicing.

The SDN controller will be used to manage capacity and flow routing across its global network, monitoring routing paths across the network and making decisions to adapt and optimise traffic flow at all times. The SDN has been tailored to create a bespoke model for use cases specific to BICS’s needs.

While this move further strengthens BICS’s network in the short term, it also paves the way for future 5G use cases such as bandwidth calendaring and network slicing. These use cases mean more intelligent use of bandwidth across 5G networks, unlocking new options for meeting the growing connectivity requirements for enterprises. This improved network distribution is designed to work both on an application level, such as a network slice for public safety applications, or can be scheduled at predefined times, such as “calendaring” bandwidth every month for a cloud data backup.

As the industry implements 5G network slicing at scale, the SDN controller will be a key component for BICS to manage local and roaming traffic slices. This is particularly significant as current 5G slicing use cases are only for local traffic, meaning it opens the door for future use cases supporting global connectivity. This next level of innovation will depend on operators adopting 5G and slicing at scale in the future.       

The more immediate impact of this development is that BICS’s network will be better placed to serve low-latency and critical applications. Use cases such as live video streaming for safety applications, at an industrial site, for example, are seen as benefiting from lower latency and network reliability in the case of outages. This will be delivered via intelligent low-latency routing, meaning the SDN will find the most effective routes for each traffic type, automating switches to guarantee continuous connectivity.

“BICS is investing heavily in its software solutions ecosystem, and this new module is just the latest development in this effort,” said Jorn Vercamert, vice-president of products and solutions at BICS. “Greater network intelligence is worth investing in – it means even better service for our customers, and by extension, the end-customers of those operators.

“BICS’s network carries around half of the world’s roaming traffic, so this move re-affirms our strength in the global communications landscape and is also a future investment for when the industry fully moves to 5G and looks to deploy network slicing at scale.”

For its part, CUC will adopt the FWA technology for its existing network in Guangdong in the first such test in the China market. By integrating the fixed and mobile network, CUC will be able to scale network bandwidth and deliver more broadband services in the future to its customers through its 5G network.

The Nokia Multi Access Gateway is intended to enable CUC to minimise time-to-market and optimise network synergies by terminating both fixed wireless and wireline broadband services on its existing Broadband Network Gateway (BNG) footprint. The BNG is based on Nokia’s 7750 Service Router (SR), powered by its FP routing silicon and Service Router Operating System (SR OS).

The solution is claimed to offer “unrivalled” performance, scale and versatility in processing large traffic volumes from 5G user equipment, thereby enhancing the customer experience and evolving the fixed wireless network for future needs.

“We are pleased to work with CUC to explore this innovative solution in the China market. This solution will help CUC vastly extend the range, speed and capacity of its existing fixed wireless access network with increased 5G bandwidth utilisation,” said Markus Borchert, CEO of Nokia Shanghai Bell. “As a result, they will be able to enhance their business customers’ experience while also providing lower cost and TCO.”

 Wed, 15 Feb 2023 23:08:00 -0600 en text/html https://www.computerweekly.com/news/365531497/Nokia-advances-5G-network-slicing-FWA-across-Europe-and-Asia Killexams : Software-Defined Security Market Projected to Hit USD 57.36 Billion at a 29.51% CAGR by 2030 - Report by Market Research Future (MRFR)

Market Research Future

Rising Network Infrastructure Automation Trend to Boost Software-Defined Security Market Growth

New York, US, Feb. 14, 2023 (GLOBE NEWSWIRE) -- Market Analysis 

According to a comprehensive research report by Market Research Future (MRFR); Software-Defined Security Market Research Report By Component, By Enforcement Point, By Deployment Mode, By End-Users Forecast till 2030. The global software-defined security market will touch USD 57.36 billion at a 29.51% CAGR by 2030, according to the current Market Research Future report.

Software-Defined Security Market Key Players 

Eminent industry players profiled in the global software-defined security market report include:

  • Intel Corporation (California)

  • Juniper Networks (California)

  • Cisco Systems (California)

  • Dell Inc. (US)

  • Symantec Corporation (California)

  • Check Point Technologies (Israel

  • Palo Alto Networks (California).

  • Catbird Networks Inc (US)

  • Versa Networks Inc (US)

  • Citrix Systems Inc (US)

  • Certes Networks Inc (US)

  • Cloud Passage Inc (US)

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Drivers 

Perks of Virtualization to Boost Market Growth 

Virtualization offered by software defined security lowers capital & operating costs, remote management, device footprint, centralizes security management, streamlines deployments, and makes system upgrades simple. In the coming years, this factor would stimulate demand for and expansion of software defined software.

Opportunities 

Rising Network Infrastructure Automation Trend to offer Robust Opportunities 

The rising network infrastructure trend and digitalization of existing 4G and 3G networks will offer robust opportunities for the market in the forecast period.

Restraints 

Increasing Concerns regarding Security to act as Market Restraint 

The increasing concerns regarding security, configuration complexity and latency may act as market restraints over the forecast period.

Software-Defined Security Market Report Scope:

Report Metrics

Details

Market Size by 2030

USD 57.36 Billion

CAGR during 2022-2030

29.51%

Base Year

2019

Forecast

2020-2030

Report Coverage

Revenue Forecast, Competitive Landscape, Growth Factors, and Trends

Key Market Opportunities

Digital protection exercises are presently being focused on and adjusted to key business exercises to limit IT assets' harm, which gives significant development freedom to the software-defined security market.

Key Market Drivers

The installment security market's significant development drivers incorporate expanded appropriation of advanced installment modes

Challenges 

Lack of Technical Expertise to act as Market Challenge 

The lack of technical expertise and the lack of industry regulations may act as market challenges over the forecast period.

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Market Segmentation 

The global software-defined security market is bifurcated based on component, enforcement point, deployment mode, and end-user.

By component, services will lead the market over the forecast period.

By enforcement point, the market is bifurcated into server security, application & mobile device security, network security gateways, and others.

By deployment mode, cloud will domineer the market over the forecast period.

By end user, cloud service providers will spearhead the market over the forecast period.

COVID-19 Analysis 

There are many workers who work remotely, and they frequently use personal devices and must access sensitive company infrastructure from less secure locations, such as their residences. Due to these circumstances, there are more instances of cyber-attacks directed at such personnel, which could jeopardize the security of business data and the personal information of other employees who are connected to the same network.

Many businesses have invested significantly in strong software defined security solutions for their employees to strengthen the protection of the company's and the employees' assets in order to prevent such a situation from occurring. Software-based firewalls & intrusion detection systems have grown in popularity throughout the pandemic and were swiftly put into employees' systems to bolster the security perimeter of such systems.

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Regional Analysis 

North America to Head Software-Defined Security Market 

The significant advancement of the technical aspects is the main emphasis of North America's market dominance in this industry. In this situation, people and organizations tend to accept and assimilate the new advances in workplace culture.

Consequently, software-defined protection has experienced rapid expansion. Profiting from its dominance in infrastructure, the region is witnessing a proliferation of the sector across all vertical industries. The region may also take pride in the significant presence of some commercial behemoths that help to shape the continental economy and have a lasting impact on the world market. The biggest market share is anticipated to be held by North America during the forecast period.

By implementing cutting-edge security solutions, the businesses in the province are eager to Strengthen their security posture and speed up the market's expansion in the next years. Additionally, these solutions have the best adoption rates in the country. The market is expanding in this sector as a result of elements including the presence of numerous significant businesses, an increase in cyber-attack incidents, and an increase in the number of hosted servers in the nation.

One of the biggest markets for cloud software defined security is the United States. This can be explained via the existence of major players, the increase in the frequency of cyber-attacks, and the expansion of hosted servers in the nation. About 63% of the world's privately-owned cyber security organizations are based in the United States, which is also home to several cloud security providers. Before introducing them globally, the majority of businesses test out their new services in their home countries.

APAC to Have Admirable Growth in Software-Defined Security Market 

Asia-Pacific is seeing a sharp surge in the amount of unstructured data being generated by the region's diverse businesses and being stored both on-premise and in cloud environments. Additionally, the amount of data generated at the edge is growing quickly due to the widespread use of IoT in the area.

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These elements have aided in the development of a scalable storage system that is secure and dependable. The region offers attractive business for software-defined storage (SDS) manufacturers because high-density nations like China and India still rely on conventional hardware for their storage and need to undergo digital transformation to keep up with technological developments.

According to FalconStor, a well-known US vendor that provides SDS through Huawei in China, customers and businesses throughout Asia, including China, are optimistic about switching to modern storage and represent one of the largest potential markets for IT services. The tendency to change stemmed mostly from the need to address issues with data protection, disaster recovery, and the integration of virtual and non-virtualized resources.

The demand for remote storage services has been primarily driven by hyper-scale and global digital media content providers as well as public cloud service providers like Facebook, Amazon Web Services (AWS), Google, and Alibaba Cloud. Over the past few years, these companies have significantly increased their uptake of data centre capacity in the Asian region, particularly in Hong Kong.

Related Reports:

Commercial Security Market- By Product, By Type, By End-users - Forecast 2030

Global Security Software in Telecom Market- By Component, By Deployment, By Security Type - Forecast till 2030

Network Security Appliance Market- By Component, By Industry Vertical Forecast till 2027

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 Tue, 14 Feb 2023 00:40:00 -0600 en-CA text/html https://ca.sports.yahoo.com/news/software-defined-security-market-projected-141600670.html Killexams : Cisco Stock Rallies on Earnings Beat and Strong Outlook. It’s a Good Sign for Tech.

Cisco Systems shares were trading sharply higher after the networking equipment provider posted solid results for its fiscal second quarter ended Jan. 28, while sharply increasing its outlook for the full year.

Cisco (ticker: CSCO) now expects fiscal 2023 to be its best growth year in at least a decade. The strong earnings report and surprising outlook should provide a boost to investor sentiment on the outlook for enterprise technology spending.

 Wed, 15 Feb 2023 19:25:00 -0600 en-US text/html https://www.barrons.com/articles/cisco-earnings-stock-price-2123ee4 Killexams : Tech Brief: AI Act’s Parliament crunch time, Twitter’s yellow card

Welcome to EURACTIV’s Tech Brief, your weekly update on all things digital in the EU. You can subscribe to the newsletter here. 

“AI systems intended to be used by children in a way that may seriously affect a child’s personal development.”

-Compromise amendment on Annex III to the AI Act

Story of the week: Compromise amendments on crucial parts of the AI Act were on the table this week. In a new version of Annex III, the co-rapporteurs proposed significant changes to the high-risk areas and use cases, for instance, extending the notion of biometric identification and categorisation to biometric-based systems. A possible compromise on facial recognition is taking shape, with live identification in publicly available spaces banned, whilst ex-post would be allowed as a high-risk application. Digital critical infrastructure remains out, whilst the areas of education, employment, law enforcement and access to public services have been extended.

A new risk area was added in relation to vulnerable groups, notably children, with broad wording that would also cover social media’s recommender systems. Algorithms that could influence democratic processes like elections were also added, with a residual category covering generative AI models such as ChatGPT, deep fakes and subliminal techniques for scientific research. The Annex III discussion was moved to Friday morning, as Zelenskyy’s visit to the parliament cut the Thursday meeting short, and only the definitions were discussed. The prohibited practices article was on the agenda of the technical meeting on Monday. The leading MEPs are still pushing to reach a political agreement next Wednesday when sensitive questions like the AI definition and General Purpose AI will have to be addressed.

Don’t miss: Signatories to the Code of Practice on Disinformation released their first progress reports on compliance this week, reviewing their actions over the past month. These initial reports will be the benchmark for future ones and are seen by the Commission as a first step to compliance with the Digital Services Act, which will start applying for the largest platforms in July. As expected, Twitter was singled out by Commission officials as having submitted a notably shorter report than its fellow platforms, also lacking in data and information about fact-checking. Besides Twitter, fact-checkers have criticised the likes of YouTube and TikTok as they consider the platforms have fallen short of the Code’s commitments.

Also this week:

  • The European Parliament’s ITRE committee adopted its reports for the Data Act and European Digital Identity.
  • The UK’s Competition and Markets Authority issued preliminary findings against the Microsoft-Activision merger.
  • The EEAS announced a pan-European platform to coordinate anti-disinformation efforts.
  • Intel is reportedly asking the German government for additional money to finance two mega fabs in the country.
  • Flexibility and independence of media regulators are top concerns for EU countries regarding the European Media Freedom Act.

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The prospects of the tech sector

In the past weeks, Big Tech companies have slashed their staff in preparation for an economic recession. What do these mass layoffs mean for the tech sector? Are we looking at structural adjustments or temporary fluctuations? And what does this …

Artificial Intelligence

Conformity assessment. This week, other compromise amendments circulated in the European Parliament deal with how high-risk systems should comply with the regulation. The compromise focuses on the conformity assessment procedure for the biometric recognition system, which will need to be audited by a third party unless using harmonised standards, whilst all other high-risk applications will be able to use internal assessments. The article providing a derogation to the conformity assessment procedure in exceptional cases was reintroduced but limited to the authorisation of judicial authority. Read more.

Critical infrastructure question. Work on the AI Act is moving forward, with Parliament negotiators on the cusp of reaching a common position in the coming weeks. However, one area that has yet to be resolved is the extent to which AI models deployed in critical infrastructure management should be regulated. Read more.

AI and market dominance. Just as Microsoft unveiled a new version of Bing with ChatGPT built into the search engine, CNBC reported that the company is also set to let companies create their own tailored versions of ChatGPT using their own data. However, some observers have raised concerns that this move will allow Microsoft to become even more dominant in the operating system market.

Protect not Surveil. A 200-strong coalition of civil society organisations and academics have called on lawmakers to Strengthen protections for algorithm-powered border control tools in their negotiations on the AI Act. The campaign, entitled #ProtectNotSurveil, is pushing for prohibitions on AI systems used to violate the rights of migrants through, for instance, “digital pushbacks” and prejudicial biometric analysis.

Falling short? A survey by the Panoptykon Foundation found that EU citizens are seeking greater transparency, more protections against discrimination, and regulation of the AI used by social media platforms. For the NGO, the AI Act will fall short in several areas, like giving citizens the right to know when governments and companies are using AI systems.

Competition

A difficult marriage. The UK’s antitrust authority has issued a preliminary conclusion to its investigation into Microsoft’s $69 billion purchase of gaming company Activision Blizzard, finding that the merger could harm competition across multiple markets. The US Federal Trade Commission requested that the deal be blocked in December, and a statement of objections was sent to Microsoft last week by the European Commission, marking the start of the second phase of Brussels’ investigation. Read more.

Cybersecurity

Everybody, calm down. At the Cybersecurity Standardisation Conference on Tuesday, ENISA’s lead certification expert Éric Vetillard said that, while sovereignty requirements need to be thought about politically, there should also be a technical reflection on how to operationalise them. On the cloud certification scheme (EUCS), he recognised that the discussion had become rather heated but hoped it would calm down going forward. Several interventions called for the mapping of existing standards before creating new ones.

Cybersecurity call. A new call for a Horizon 2020 programme has opened, with funding available for up to 21 SME projects to develop new prototypes or demonstrators in security and cybersecurity. The projects must be run by at least two SMEs, at least one of which should be a tech/IT solution provider.

Data & Privacy

ITRE’s vote. European Parliament’s ITRE committee adopted the Data Act report on Thursday in a single block. So far, no political group is expected to propose alternative amendments during the plenary vote in mid-March.

Council’s crunch time. Last Friday was the deadline to submit comments on the fourth presidency compromise. France has retaken Airbus’s position, which has been lobbying aggressively (also MEPs) on trade secrets. Some member states raised the idea of holding a workshop on trade secrets like the one on the relation with the GDPR that took place in November, but the presidency turned the idea down as it wants to close the file as soon as possible. The Netherlands also seems less on the offensive concerning B2G data-sharing and more content with the cloud provisions. Based on the written comments, the presidency is trying to get all open issues sorted by the end of the month.

Digital Markets Act

IMCO’s meeting. On Monday, IMCO’s DMA subgroup met for the second time. The European Commission reported back on the first workshop. The second part of the event was on the interoperability of messaging services, with representatives from Google, Meta, academia, and Open-Xchange. Some lawmakers did not hide their annoyance with Meta, which was seen as bringing up ‘technical excuses’.

4-column publication. Four transparency organisations have filed a joint complaint with the EU ombudsman relating to the European Parliament’s handling of requests for access to four-column documents during the DMA trilogue last year. The groups accuse the Parliament of maladministration in having de facto circumvented its obligation to disclose the requested documents and call for the proactive publication of four-column documents to heighten transparency.

Digital skills

Training goals. IT firm Cisco announced a goal of training 2.6 million people within the EU in digital and cybersecurity skills over the next decade. The training will occur via the company’s Networking Academy in partnership with local educators. It will contribute, Cisco says, to establishing a workforce central to longer-term social inclusion and economic resilience.

Disinformation

Anti-disinfo platform. Brussels will launch a new platform to boost EU efforts in tackling disinformation, the EU’s diplomatic chief Josep Borrell announced on Tuesday. The new Information Sharing and Analysis Center will act as a decentralised platform for tracking information manipulation efforts by foreign entities and coordinating responses among member states and civil society actors. Borrell also criticised Twitter’s announcement that it would scrap free API access for third-party developers, describing it as a step back in terms of transparency. Read more.

Criminal disinformation. Intentionally spreading disinformation could become a criminal offence in Czechia, according to new plans currently under discussion by the government. Under the draft plans, which have yet to be made public, legislation could clarify the legal status of disinformation and allow authorities to block sites deemed to threaten national security. Read more.

eGovernance

eIDs ITRE vote. On Thursday, MEPs of the ITRE committee backed their version of the European Digital Identity, which included stronger privacy and cybersecurity safeguards and a register of all transactions to ensure the organisations using the wallet can be held accountable. EU countries will have to issue at least one wallet (i.e. software application) under a national digital identity scheme interoperable at the European level. The wallet remains voluntary, meaning there will need to be other means to access public and private services. Lawmakers also increased the wallet’s functionalities and mandated it should remain free of charge. The file will not need plenary approval; it will go directly to trilogues.

Common EU toolbox. As anticipated by EURACTIV, the Commission published the first version of a common EU toolbox for implementing the European Digital Identity Wallet today. Jointly developed by member states and the Commission, the toolbox is set to act as a first step towards creating a framework for common digital identification standards across the EU. Its requirements will become mandatory once the eIDs regulation comes into force.

Industrial strategy

Subsidy race bites. Chipmaker Intel is reportedly seeking more financial support from Berlin for the two ‘mega fabs’, semiconductor factories the American company is set to open in Germany. Initially promised €6.8 billion to launch the two facilities, the company is now reportedly asking for €10 billion instead, justifying the new calculation on the ballooning construction costs and energy prices. While declining to comment on the indiscretions, an Intel representative told EURACTIV that the cost gap with other competitive locations outside Europe has widened since the investment was first announced. However, German officials are annoyed at the request, as it is allegedly also justified that the mega fabs will produce more advanced technology. Read more. 

Public procurement for start-ups. A group of 15 European start-ups have jointly signed a non-paper “in defence of EU digital sovereignty and the twin transition,” calling for a revision of the EU’s public procurement rules to facilitate eligibility for smaller innovative SMEs. The non-paper argues that the rules currently definite innovation too narrowly, restricting it to R&D only and that there are too few references to the Green Deal and twin transition. Read more.

Law enforcement

CSAM diplomacy. Commissioner Ylva Johansson was in Berlin this week to discuss the fight against child sexual abuse with, among others, Federal Minister of Interior Nancy Faeser and Federal Minister of Justice Marco Buschman. The official visit was a ‘charm offensive’ addressed at a country that has been extremely critical to Johansson’s CSAM proposal.

Media

Top of mind. Feedback from seven member states on the proposed European Media Freedom Act has highlighted the flexibility and the independence of media regulators as key areas of concern amongst national authorities. In a document circulated last week and seen by EURACTIV, the capitals outlined what they saw as points for improvement in the text, including response times, the relationship between the Commission and the new European Board for Media Services, personal data, and spyware. Read more. 

RT DE’s turn. RT DE, the German branch of state-backed media outlet Russia Today, has closed down following the latest round of EU sanctions. Following similar events in France last month, RT DE shut its doors due to a lack of funds resulting from measures put in place by Brussels in response to Russia’s invasion of Ukraine. The outlet criticised the EU’s moves in a statement issued last week and said the channel would continue to operate from Moscow. Read more. 

Product liability

PLD 1st compromise. The Swedish EU Council presidency circulated the first compromise on the Product Liability Directive, obtained by EURACTIV, to be discussed at the Civil Law Working Party on 15 February. The presidency’s work focused on clarifying key concepts, like personal injury in terms of psychological health. The text now explicitly says that the product definition includes software-as-a-service and raw materials. The concept of defectiveness was refined to cover the foreseeable use and its misuse when required by sectorial product safety legislation, like on toys or industrial machinery. Importantly, if it is too difficult to prove the product’s defectiveness due to its technical or scientific complexity, as will probably be the case for AI, the manufacturer will not be able to rebut the presumption of defectiveness. Moreover, the causal link might also be assumed if the defectiveness in question has caused similar cases. The concept of manufacturer control has also been broadened. The compromise also seeks to clarify the application of the strict liability regime.

Platforms

The espionage question. Two US Senators have written to Meta with questions about documents that show the company was aware that developers in China and Russia had access to sensitive user data that could have enabled espionage. Mark Warner and Marco Rubio, chair and vice-chair of the Senate’s Select Committee on Intelligence, are seeking answers on whether the tech giant has identified the developers, any communications with them and the kinds of information they might have been able to access. Read more. 

No porno for minors. French regulators will introduce new measures to prevent minors from accessing porn websites after legal challenges hampered previous efforts to take such a step. The new proposal is set to require those trying to access such material to obtain an app giving them a digital certificate and code. It comes as part of a broader pledge by France’s President Emmanuel Macron to protect children online.

Free speech shaken. This week, access to Twitter was briefly restricted in Turkey following criticism of the government’s reaction to the catastrophic earthquakes that hit the region on Monday. As usual in these cases, people turned to VPNs to circumvent shutdowns, with Proton saying it saw registration to its VPN service jumping by over 30,000% more than normal levels.

Metaverse hearing. The JURI committee hearing on the metaverse, requested by the Social Democrat group (S&D) is set to take place in March.

Research & Innovation

Fully operational. The European Innovation Council Fund has launched 42 new investment decisions, totalling €331 million, since its last update in November, the Commission announced this week. The injections, which focus on 13 deep-tech companies working on breakthrough innovation, mean that the EIC Fund is now fully operational and has taken a total of 77 investment decisions since the appointment of an external fund manager in September.

Standardisation

Sherpa meeting agenda. The ‘sherpa’ sub-group of the High-Level Forum on European standardisation will meet next Thursday to follow up on the priorities identified at the C-level and start preparing the Forum’s recommendation for next year’s Annual Union Work Programme, the EU work programme for standardisation. According to a draft agenda seen by EURACTIV, the sherpa meeting will detail the work plan for this year, including the expected deliverables and outcomes and a set of deep dive sessions with dedicated experts.

Tech diplomacy

EU-India TTC. A new Trade and Technology Council has been established between the EU and India, designed to boost strategic engagement between the two. This new TTC is set to facilitate work on critical areas such as connectivity, green technologies and resilient supply chains. Working groups will gather within the next few weeks to plan their operations.

Telecom

The consolidation question. Internal Market Commissioner Thierry Breton called on antitrust regulators to consider allowing more cross-border mergers within the telecoms industry, saying he saw it as key to creating a true single market for the industry. However, for the telcos, the national consolidation is the real problem, which has so far been met with resistance by EU competition head Margrethe Vestager. The ‘litmus test’ on whether the Commission will allow consolidation in the telecom market will be provided in the coming weeks with the Orange-MasMovil merger in Spain.

ETCA’s war footing. The European Competitive Telecommunications Association (ECTA), the organisation representing alternative telecom operators, has denounced a draft Commission recommendation on the regulatory promotion of Gigabit Connectivity, saying it was “stunned” by a leaked copy of the document. The text, ECTA says, is undemocratic in nature as it reverses some critical parts of the European Electronic Communications Code and would have a significantly adverse impact on investment and the contestability of markets, lead to price rises for consumers and harm the take-up of gigabit connections.

Not on my network. Elon Musk’s SpaceX has put in place measures to prevent Ukraine’s military from using its Starlink satellite service to operate its drones, the company’s president announced this week, saying that the service, which Ukrainian forces have used for communications throughout the war, was “never meant to be weaponised” and was “leveraged” in unintended ways by the army. Read more. 

Brussels tour. Edward Bouygues, deputy CEO of Bouygues and president of Bouygues Telecom, was in town on Wednesday to meet MEPs from different political groups to persuade them about the senders-pay initiative.

What else we’re reading this week:

Elon Musk’s Free-Speech Twitter Faces a Skeptical Germany (Bloomberg)

China pulls back from global subsea cable project as US tensions mount (FT)

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