David Canellos

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Top Stories by David Canellos

Until this week the biggest anxiety when dealing with eBay has likely been fretting over a negative rating, concerns about slow shipping or a delayed refund. Then suddenly yesterday the media jumped all over the story that eBay had been hacked and users need to change their passwords. By the way, I can tell you from experience the password change process is not as easy or straightforward as you would expect. EBay is now in damage control mode and trying to calm fears after revealing that hackers attacked its network three months ago. It is believed over 145 million user records were accessed, forcing eBay to issue a security warning. Three states are conducting a joint investigation which will focus on eBay's measures for securing personal data, the circumstances that led to the breach, how many users were affected, and the company's response to the breach, said a ... (more)

What Today’s Hyperconnected World Means for the Enterprise Security

A newly released report from McKinsey & Company, Risk and Responsibility in a Hyperconnected World: Implications for Enterprises, highlights the findings of a year's worth of McKinsey research conducted in partnership with the World Economic Forum. Based on the interviews with over 200 enterprises and organizations the findings highlight the importance of protecting online proprietary data and information and puts forth 7 ideas for how to protect the enterprise. The report first observes that with the rise of new and novel ways to access information via mobile devices, data secu... (more)

Enterprise IT: Don’t Bury Your Head in the Sand on Cloud Data Protection

By David Canellos PerspecSys President and CEO In a lot of ways, changes in enterprise technology have mirrored consumer technology trends over the last few years. Just look at mobility, social apps, and cloud computing as examples. And whether you view the crossover as advantageous, overly risky, or merely inevitable, it's certain that enterprise IT security must adapt quickly to the new challenges presented, including overcoming cloud data security, cloud data residency, and cloud compliance issues. A series of recent articles and industry analyst reports I have read shows t... (more)

Cloud Computing in China

By David Canellos PerspecSys President and CEO Driven by large-scale government initiatives as well as private investment, cloud computing has become a hot growth area in China. Named a ‘Strategic Emerging Industry' in the government's 12th Five Year Plan (2011 - 2015), cloud computing is slated to become a primary force in the Chinese IT industry and overall economy in the next 3-5 years. In fact, according to IDC Asia-Pacific, China spent $286 million on cloud-computing infrastructure last year, and the amount will increase to more than $1 billion in 2016. The Asia Cloud Compu... (more)

ICO Guidance Highlights the Need for UK Data Control

By David Canellos PerspecSys President and CEO The UK Information Commissioner's Office (ICO) recently published a useful and informative report on cloud computing that provides key guidance for companies using or considering cloud services in the UK. The guidelines intend to help organizations comply with the 1998 Data Protection Act (DPA), and they offer welcome assistance for private and public enterprises struggling to avoid stiff non-compliance penalties from the watchdog agency. The ICO emphasizes that cloud customers are responsible for ensuring data protection, whether th... (more)