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David Canellos

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Top Stories by David Canellos

I recently blogged about “big data” and the value that big data analytics can bring to companies using this type of business intelligence to garner insights and develop competitive advantages. Numerous industry experts have highlighted ways that the cloud is actually enabling a transformation toward data mining, pattern recognition, and predictive analytics to enhance executive decision-making. For example, Booz|Allen|Hamilton’s December 2011 report, Massive Data Analytics and the Cloud, asserts that data cloud-based intelligence analysis will have an unprecedented, long-lasting, and far-reaching impact on business strategy development. ... (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)

What Business Must Learn from the eBay Breach

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 ... (more)

PerspecSys Joins the Cloud Security Alliance

TORONTO – June 12, 2012 – PerspecSys Inc., the leader in cloud data protection solutions for the enterprise, today announced it has become a Corporate Member of the Cloud Security Alliance (CSA). The CSA is a not-for-profit organization with a mission to promote the use of best practices for providing security assurance within cloud computing, and to provide education on the uses of cloud computing to help secure all other forms of computing. David Canellos with his fellow executives at 10th Cloud Expo | Cloud Expo New York ... (more)

Cloud-Based Security Services: When Will Market Expectations Be Realized?

By David Canellos PerspecSys President and CEO Gartner recently issued a research note on "Cloud-Based Security Services," the capability to deliver security controls without on-premise technology deployment and management. The category currently sits in the "Trough of Disillusionment" in the latest Gartner Hype Cycle for Cloud Security, meaning the technologies offered have failed to meet market expectations. Gartner suggests that users investigate specific areas in their cloud implementations and SLAs, including service continuity, response time, and customization to ensure th... (more)