McAfee announced that a single nation-state has been conducting worldwide cyber attacks over the past five years. A majority of experts believe that the evidence can only point to China. A total of 72 networks were infiltrated including the governments of the United States, India and South Korea. In other news, the cost to organizations due to cybercrime is up 56% from a year ago. The median annual cost rose to $5.9 million with an average of 72 cyberattacks a week. Between detecting and preventing threats to compensating affected consumers, this is quickly becoming a very expensive problem. And finally, Time Inc. recently announced that it’s launching all 21 of its magazines in full digital glory for the iPad. You can expect titles such as Time and People to arrive by the end of 2011. We are only at the beginning of the print format’s evolution into the digital world.
Shelly Palmer Radio Report – August 4, 2011
Author: Shelly Palmer
Shelly Palmer is Fox 5 New York's On-air Tech Expert (WNYW-TV) and the host of Fox Television's monthly show Shelly Palmer Digital Living. He also hosts United Stations Radio Network's, Shelly Palmer Digital Living Daily, a daily syndicated radio report that features insightful commentary and a unique insiders take on the biggest stories in technology, media, and entertainment. He is Managing Director of Advanced Media Ventures Group, LLC an industry-leading advisory and business development firm and a member of the Executive Committee of the National Academy of Television Arts & Sciences (the organization that bestows the coveted Emmy® Awards).