Some of your smart devices are not prepared to withstand hacker attacks, with many of these vulnerable to trespass in minutes. A tech expert shared with Cheddar how shoppers should gear up, ahead of this year's Black Friday and Cyber Monday.
Craig Williams, senior technical leader and global outreach manager at Cisco, says connected Barbies, baby monitors, and smart TVs, just to name a few, are the latest items of choice on a hacker's list. Some estimates project that by 2020 the world will be home to 20.8 billion smart connected products, making poorly secured smart devices and toys a criminal's opportunity to "make bank."
Williams says that unfortunately there is no secure operating system out there. The bar is very low for security within IoT devices. The best thing you can do is to find a manufacturer that will continue to make patches to its system. He also urges consumers to push harder on these manufacturers in order to ensure safe products. The expert suggests researching on Google whether products are hacker proof before purchasing the item.
Walmart Inc. is raising the starting base pay for store managers, while redesigning its bonus plan that will put more of an emphasis on profits for these leaders.
Despite concerns about shipping delays in the Red Sea, RSM Chief Economist Joe Brusuelas says there are still reasons to be optimistic about the state of the U.S. economy.
Dan Ives, Managing Director and Senior Equity Analyst at Wedbush Securities dives deeper into a report by the International Data Corporation (IDC) that Apple has ended Samsung's 12-year reign as the world's largest smartphone seller.
Artificial intelligence is the biggest buzzword at the World Economic Forum’s annual meeting in Davos. Advances in generative AI stunned the world last year, and the elite crowd is angling to take advantage of its promise and minimize its risks.
Smartphones could get much smarter this year as the next wave of artificial intelligence seeps into the devices that accompany people almost everywhere they go.
In an annual assessment of global inequalities, Oxfam International said the first trillionaire could emerge within the next decade — as the anti-poverty organization pointed to the growing wealth gap that skyrocketed globally during the pandemic.
The Biden administration proposed a cost drop for overdrawing bank accounts, which it says could particularly relieve Americans living paycheck to paycheck.
