*By Tracey Cheek*
The holiday season is here again ー and as consumers buy and spend, more personal information is being exposed online.
The number and severity of cyberattacks are on the rise, and both consumers and businesses need protection. Shane Wall, chief technology officer at HP and global head of HP Labs sat down with Cheddar on Monday to discuss the state of cybersecurity heading into the new year.
“It continues to be dynamic,” said Wall on cyberattacks. “The number of attacks we’ve seen are accelerating. Keeping up with that continues to be a big challenge for us tech providers.”
Hackers are getting smarter, and attacks could come from a variety of sources, said Wall.
“It could be nation-state hackers, it could be individual hackers,” said Wall.
As for the motivations behind the attacks, he said they vary.
“We’ve seen a lot of extortion pieces that go on, or it could just be fame," he said. "They just want to be known.”
In this environment, consumers need to protect themselves, and that starts with selecting a secure device. “When you make a device choice, you’re making a security choice,” Wall told Cheddar. “So choose carefully the device that you use. Make sure you look underneath to make sure they actually have all the right security pieces in place."
He said consumers online should always make sure they are shopping at trusted websites, and advised against opening any emails that aren't from a known sender.
Tech giants have to get into the mind of a hacker to prevent attacks, especially at a moment when the nature of cyberattacks is constantly changing.
“Now we’re seeing very dynamic attacks that are actually using artificial intelligence and machine learning in order to find and probe capabilities," Wall said. “As a result, on our end, we need to turn to things like artificial intelligence and machine learning in order to combat the bad guys.”
For full interview [click here](https://cheddar.com/videos/hps-chief-technology-officer-on-the-state-of-cybersecurity).
Edward Moya, chief market strategist with Oanda, joined Cheddar News to discuss Thursday's gains as investors were surprised by a jump in weekly job claims and as Wall Street braces for key inflation data and the Fed's latest policy announcement.
Rebecca Walser, financial planner and wealth strategist, offers some tips on how to bring everyday spending in line with budgets by avoiding certain purchases.
The number of Americans applying for unemployment benefits last week rose to its highest level since October 2021, but the labor market remains one of the healthiest parts of the U.S. economy.
Stocks are drifting Thursday, continuing this week’s lull as Wall Street waits for several big events next week.
Apple's new iOS 17 has some promising upgrades in store for group chats. Previously, when a iMessage group chat contained an Android user, it would lose features such as text editing and threaded replies. Now group chats will retain those features, even when there is a "green bubble" in the mix.
Workers at the Barnes & Noble in Manhattan's Union Square, one of the retail chain's signature stores and home to its corporate offices, have voted to unionize.
U.S. and British cybersecurity officials warned Wednesday that a Russian cyber-extortion gang's hack of a file-transfer program popular with corporations could have widespread global impact. Initial data-theft victims include the BBC, British Airways and Nova Scotia's government.
Wilson Aerospace, a Colorado-based tools company with close ties to NASA, is suing Boeing for allegedly stealing trade secrets over the past two decades.
Apple recently acquired augmented reality company Mira following its launch of the Vision Pro headset. Cheddar News explains how Apple is looking to tap into the AR market long dominated by Meta.
Fiserv President and Chief Executive Frank Bisignano spoke to Cheddar News about what the transfer to the New York Stock Exchange means for his company and how Fiserve plans to use its partnership with the exchange in the fintech space. "We do believe that we could do a lot here creatively with the stock exchange," he said. "
