Photographer: Andrew Harrer/Bloomberg

Here are five things in technology that happened this past week and how they affect your business. Did you miss them?

1 — Facebook’s big data breach could cost it over $1 billion in Europe.

The massive data breach experienced by Facebook last week could cost the company at least $1.63 billion in fines from regulators in Europe. Privacy laws are more stringent there, and Facebook’s lead European privacy regulator, Ireland’s Data Protection Commission, is trying to determine the scope of the breach, which exposed the data of at least 50 million user accounts, as well as the extent to which EU members were impacted. (Source: Barron’s)

Why this is important for your business:

The big question is how, with all the big brains and expensive tools at the disposal of the social media giant, could a data breach so large happen? We may never know. But know this: no cloud company, regardless of their size, can provide 100% protection for your data. Ask about backups. Communicate to your customers. Get a good lawyer to look over your contracts.

2 — Instagram back up after worldwide outage.

Facebook’s photo-sharing social network Instagram suffered a worldwide outage this week after a new leader came on board at that division. The app, which has over a billion monthly users, was down in parts of North America, Europe, Australia, India, Singapore and other countries. The app displayed an error message saying ‘couldn’t refresh feed,’ and users couldn’t load its website. (Source: Reuters)

Why this is important for your business:

I think we can all agree that this hasn’t been a great week for Facebook. Not only is your data not fully secured (see the first story) but there’s no guarantee that your cloud based service – regardless how big or popular it is – will be up and running 100 percent of the time. Your luck is that your cloud based accounting, collaboration or customer relationship management system will go down (like Instagram) exactly when you need it the most. Do you have backup procedures?


3 — The one serious MacBook Pro security flaw that nobody is talking about.

Because of its USB-C ports, all MacBook Pros introduced since late 2016 and the 12-inch MacBooks sold since 2015 are inherently unsafe, according to one tech report. The issue is the power. A 2015 MacBook equipped with a MagSafe port can be charged by just plugging it in—with no risk of a data connection—as long as networking is off and nothing is plugged into any of the ports. But, if that or the MacBook Pro is on, the only way to charge is to connect to a USB-C port, which is capable of transferring data and thus could put the device at risk of corruption. (Source: ZDNet)

Why this is important for your business:

Anyone in your company using a Macbook? Are you? Better check this out…or at least make sure your property insurance is paid up.

4 — Google is giving advertisers more ways to target YouTube users.

Google plans to expand its use of search-based advertising tools on YouTube, to help advertisers target potential customers as they search there. Google representatives say that YouTube is the second most popular search engine in the U.S., behind Google Search, and it claims to have data proving that many people who search for products, movies, and other items on Google Search go over to YouTube next to watch reviews, unboxing videos, and other content related to the product. (Source: The Verge)

Why this is important for your business:

My business is launching a web based training tool and this is exactly what I’m being told by our digital marketing consultants. With the exploding popularity of video, YouTube seems like a great spot for me to market my business.  Any business, for that matter.

5 — This Japanese robot contractor can install drywall.  

Japan’s Advanced Industrial Science and Technology (AIST) research institute has developed a humanoid robot capable of doing simple construction tasks, like installing drywall. AIST envisions its HRP-5P robot being used on construction sites to compensate for Japan’s aging population and labor shortages. AIST’s goal is to provide autonomous replacement of labor at assembly sites for large structures, such as buildings, houses, aircrafts, and ships. (Source: The Verge)

Why this is important for your business:

A robot construction worker sounds all well and good.  But will it show up on time and not go over-budget? Now that would be something!

 

Let’s block ads! (Why?)


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