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United States of Secrets- #mustWatch via @FRONTLINE

United States of Secrets- #mustWatch via @FRONTLINE | Digital Transformation of Businesses | Scoop.it
How did the government come to spy on millions of Americans?
Farid Mheir's insight:

I watched episode #1, can't wait to see episode #2. Must watch, very good summary of all things in digital spying since 9/11.

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Digital Transformation of Businesses
A selection of documents, articles, papers, videos and other content for those interested in the transformation that is required when going 100% digital in an organization. I also try to highlight the impacts, both positives and negatives of that transformation. Like it? Please click "Recommend"
Curated by Farid Mheir
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Big business: FBI Lost $1.2B to Business #Email Scams @Krebs

Big business: FBI Lost $1.2B to Business #Email Scams @Krebs | Digital Transformation of Businesses | Scoop.it

In January 2015, the FBI released stats showing that between Oct. 1, 2013 and Dec. 1, 2014, some 1,198 companies lost a total of $179 million in so-called business e-mail compromise (BEC) scams, also known as “CEO fraud.” The latest figures show a marked 270 percent increase in identified victims and exposed losses. Taking into account international victims, the losses from BEC scams total more than $1.2 billion, the FBI said.

Farid Mheir's insight:

We often think that malware (ie. computer viruses) are big business but it looks like emails scams are an even bigger one.


Made me think of recent scams publicized in Montreal local papers.

banking fraud: http://www.lapresse.ca/201101/24/01-4363327-fini-lhameconnage-place-au-harponnage.php

government employees: http://www.lapresse.ca/le-droit/politique/fonction-publique/201406/23/01-4778248-environ-2000-fonctionnaires-hameconnes.php


WHY IS THIS IMPORTANT

Business email scams are difficult to protect against because users are the weak link and technology has limited means to prevent that. Businesses should make sure all employees are briefed on the security hazards of email scams and how to prevent them. Below is link on how banks try to help prevent email scams: worth reading.

http://www.cba.ca/en/consumer-information/42-safeguarding-your-money/91-email-fraud-phishing 

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16 Metrics to evaluate #Startup value and potential from @a16z

16 Metrics to evaluate #Startup value and potential from @a16z | Digital Transformation of Businesses | Scoop.it

We have the privilege of meeting with thousands of entrepreneurs every year, and in the course of those discussions are presented with all kinds of numbers, measures, and metrics that illustrate the promise and health of a particular company. Sometimes, however, the metrics may not be the best gauge of what’s actually happening in the business, or people may use different definitions of the same metric in a way that makes it hard to understand the health of the business.

So, while some of this may be obvious to many of you who live and breathe these metrics all day long, we compiled a list of the most common or confusing ones. Where appropriate, we tried to add some notes on why investors focus on those metrics. Ultimately, though, good metrics aren’t about raising money from VCs — they’re about running the business in a way where founders know how and why certain things are working (or not) … and can address or adjust accordingly.


Farid Mheir's insight:

Lists 16 metrics - well actually 13 metrics and 3 "tricks" to present them. From the leaders in the new technology startup, Andreesen Horowitz.


WHY THIS IS IMPORTANT

Sheds light into what investors are looking for in a startup and maybe also the critical metrics that digital technology companies should focus on. Also of interest, the post discusses how entrepreneurs try to dress up their numbers to make them appear more interesting than they are in reality.

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The Ashley Madison hack was actually pretty small

The Ashley Madison hack was actually pretty small | Digital Transformation of Businesses | Scoop.it
Only 32 million data records were stolen, far less than in recent hacks of Adobe, eBay, and the US military.
Farid Mheir's insight:

A good visual summary of recent data breaches.

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Russell R. Roberts, Jr.'s curator insight, Today, 3:37 AM

Thanks to reporter Farid Mheir for the graphic summary of recent data breaches.  While significant, the data compromises experienced by the "Ashley Madison" website are small compared to the data losses suffered by Adobe, eBay, the U.S. Military, and Target Stores. All of this points to a fragile security environment, incompetence, and sheer laziness of those who use our private data for profit.  Disgraceful and fully preventable.  Aloha, Russ.

Wesley Yuhn's curator insight, Today, 10:37 AM

The #AshleyMadison #hack was small in comparison via @andreaschriscy http://sco.lt/...#fintech #technews #databreach 

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Beginner's Guide to Eigenvectors, PCA, Covariance & Entropy- maths behind #deepLearning

Beginner's Guide to Eigenvectors, PCA, Covariance & Entropy- maths behind #deepLearning | Digital Transformation of Businesses | Scoop.it

This post introduces eigenvectors and their relationship to matrices in plain language and without a great deal of math. It builds on those ideas to explain covariance, principal component analysis, and information entropy.

The eigen in eigenvector comes from German, and it means something like “very own.” For example, in German, “mein eigenes Auto” means “my very own car.” So eigen denotes a special relationship between two things. Something particular, characteristic and definitive. This car, or this vector, is mine and not someone else’s.

Matrices, in linear algebra, are simply rectangular arrays of numbers, a collection of scalar values between brackets, like a spreadsheet. All square matrices (e.g. 2 x 2 or 3 x 3) have eigenvectors, and they have a very special relationship with them, a bit like Germans have with their cars.

Farid Mheir's insight:

An explanation of some key mathematical concepts required to make deep learning possible.


WHY IS THIS IMPORTANT

Behind what looks like "magic" on Google search, google translate or IBM Watson lies mathematics algorithm that process large amount of data. This is essential information to understand how digital computing, big data and deep learning works.

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#3D printed organs, smart bandages & other #HealthTech will save lives

#3D printed organs, smart bandages & other #HealthTech will save lives | Digital Transformation of Businesses | Scoop.it
From 3D-printed organs to cancer-fighting nanotech, the most important branch of technology right now is the one that will keep you living longer and stronger.

Via TechinBiz
Farid Mheir's insight:

Watch the 2 min video at the end that explains how a 3d printed meniscus was used to replace a sheep one with success. 

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Russell R. Roberts, Jr.'s curator insight, August 15, 12:31 AM

The health care industry, supported by advances in digital technology, will be able to monitor your overall condition before major problems arise.  Doctors will be able to monitor your body in real time and give you the edge over disease and injuries.  Some of this technology can be part of your clothing without undue discomfort.  Aloha, Russ.

Jake D'Imperio gis's curator insight, August 27, 5:16 PM

This artical shines light on the amazing medical technology  being developed today, I hadn't even heard of any of these technologies until this artical brought them to my attention. These medical technologies will save lives and prolong them too on a global scale as many will become cheaper and more accessible over time. Personally I believe that these technologies are some of the best things humans create as we solve the mysteries of the body.

Richard Platt's curator insight, September 1, 11:58 AM

For many of our woes in life, there are solutions and answers, we just need to think how to do it intelligently.  

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Security researchers identify 1,600 Internet of Things devices with a drone over Texas

Security researchers identify 1,600 Internet of Things devices with a drone over Texas | Digital Transformation of Businesses | Scoop.it
Praetorian tracking all IoT devices in Austin, Texas running on ZigBee protocol, similar to the Shodan scanner.
Farid Mheir's insight:

A project has been devised to map all internet of things devices in the Austin Texas area, and identify vulnerabilities. Cool demonstrations of what you can do with a drone and some technology skills.


See the full map here:

https://www.praetorian.com/iotmap/ 


WHY THIS IS IMPORTANT?

There will be 9B IoT devices soon and many more in the future. Great opportunities but it needs to be safe and private.

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Tracy Harding's comment, September 1, 9:19 AM
You need to work on formatting of your replies. This is one giant sentence. Remember the requirements. You need a 2-3 sentence summary, at least 1 sentence of IR implications and 1 sentence about your thoughts.
Farid Mheir's comment, September 1, 9:23 AM
@Tracy Harding: not sure I understand your comment re: formatting. Can you be more specific and email me a screengrab? thank you!
Farid Mheir's comment, September 1, 9:24 AM
@Jake D'Imperio gis thank you for the comment!
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Hackers Finally Post Stolen Ashley Madison Data: what can we learn from this data breach?

Hackers Finally Post Stolen Ashley Madison Data: what can we learn from this data breach? | Digital Transformation of Businesses | Scoop.it
The other shoe just dropped. The hackers who breached the cheating site AshleyMadison.com appeared to make good on their threat to expose customer data on Tuesday, dumping the stolen information online.
Farid Mheir's insight:

A review of what we know about the data breach.


WHY IS THIS IMPORTANT

Interesting to see how pirates distribute their loot and wha constitutes valuable information, other than credit card numbers.


What is most interesting here I believe are these stats:

thousands of fake female profiles

- 90-95% of actual users are male

Speaks volume on the anonymity of the Internet and the lack of reliable information out there.


Also read this most insightful post on the Verge: http://www.theverge.com/2015/8/19/9178855/ashley-madison-data-breach-implications

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What Is Wirearchy? The web, applied to business organizations

What Is Wirearchy? The web, applied to business organizations | Digital Transformation of Businesses | Scoop.it
Over the past 10+ years, thousands of people have asked me “what is wirearchy ?“.There’s one common misconception that I’d like to clear up first, which is that wirearchy is mainly about technology. If anything, wirearchy is about the power and effectiveness of people working together through connection and collaboration … taking responsibility individually and collectively rather than relying on traditional hierarchical status.Most people today know that the Internet and the Web have had a lot
Farid Mheir's insight:

A good description of wirearchy, which is a new form of work organization


WHY IS THIS IMPORTANT?

Hierarchies have worked well for centuries, before the Internet communication mechanisms existed. Today's organizations could benefit from a more decentralized organization of its resources, fro faster more agile decision making.

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How Walmart.com differentiates from Amazon: a comparison of 2 #ecommerce giants

How Walmart.com differentiates from Amazon: a comparison of 2 #ecommerce giants | Digital Transformation of Businesses | Scoop.it

Even for a $260 billion commerce giant like Walmart, Amazon is a foe best not approached head-on. Instead, Walmart has crafted an e-commerce strategy that’s decidedly un-Amazon: Walmart isn’t hung up on people buying things online.

Farid Mheir's insight:

Interesting stat: "every 100 milliseconds in delay costs Amazon them 1 percent in sales". 


Read the rest of the article for more.

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A new kind of CAD software solution: Antimony via @gnat

A new kind of CAD software solution: Antimony via @gnat | Digital Transformation of Businesses | Scoop.it
Farid Mheir's insight:

Matt Keeter is amazing and this software CAD program is just amazing I find. Antimony solution just blew my mind. Read through the article then download the program and play with it: pure magic! 


WHY THIS IS IMPORTANT?

Antimony takes a different approach to software programming, exposing the logic very close to the end user to allow them to see what happens and control it in a very simple intuitive way.

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#eCommerce #behingthescenes: The strange world of dark stores via @bbc

#eCommerce #behingthescenes: The strange world of dark stores via @bbc | Digital Transformation of Businesses | Scoop.it
‘Dark stores’ are the massive facilities behind online commerce – but members of the public aren’t allowed in. How do they work? Chris Baraniuk finds out on a behind-the-scenes tour.
Farid Mheir's insight:

A behind the scene description of what it takes to fulfill grocery orders.

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Top technology shifts that confront the business today

Top technology shifts that confront the business today | Digital Transformation of Businesses | Scoop.it

As I pointed out when the "big five" IT changes came down the pike three years ago (mobile, social, cloud, consumerization, and big data), which were seen as an unprecedented series of simultaneous changes at the time -- and in which we are still mostly in the early to mid-point stages of adoption in organizations today -- that the gap between what's achievable and what's needed might become untenable. Combine these in-process changes with limited budget for tackling strategic new capabilities like open APIs, Internet of Things, omnichannel engagement, machine learning, digital business models, rethought digital workplaces, and new models of IT such as bi/tri-modal, and you have a pretty hard to climb mountain of accumulated technical debt.

Farid Mheir's insight:

A very insightful diagram within another interesting article, it charts the multiple technologies that organizations are faced with and that can provide serious disruptions by lowering costs or enabling new business models.


WHY THIS IS IMPORTANT?

It says "technology" and everyone thinks CIO but in reality those changes will impact every unit in the organization so every leader must be aware of them and have a plan to manage the accompanying change from a people and process standpoint.

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How to become a better #CIO? Spend time with your customers. #easy

How to become a better #CIO? Spend time with your customers. #easy | Digital Transformation of Businesses | Scoop.it
I defined part of my role here at NetApp to serve as a customer-facing CIO. To make that a reality, I very consciously do a few things.
Farid Mheir's insight:

Short read that reminds us all how important it is to get out of our IT or technology environment and spend time with "real people".


The formula is simple: 33% in IT, 33% with business, 33% with clients.


Time well spent indeed as they will, for sure, give you a reality check every single time.

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Aaron's curator insight, August 10, 12:39 PM

Short read that reminds us all how important it is to get out of our IT or technology environment and spend time with "real people".

 

The formula is simple: 33% in IT, 33% with business, 33% with clients.

 

Time well spent indeed as they will, for sure, give you a reality check every single time.

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Will Artisanal Cash be the future of #money when #mobilePayment becomes the norm?

Will Artisanal Cash be the future of #money when #mobilePayment becomes the norm? | Digital Transformation of Businesses | Scoop.it
Alternative local currencies, some depicting pop stars instead of politicians, may be the last hurrah for cash.
Farid Mheir's insight:

Interesting trend that had money being printed to become a collector's item.


WHY IS THIS IMPORTANT?

When Google Pay and Apple Pay become the norm, printed bills will become as useless as stamps or printed books or records. Which may mean that they'll become collector items and become works of art to be kept and cherished and used for the fun of it. Maybe.

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Android Fragmentation Report August 2014

Android Fragmentation Report August 2014 | Digital Transformation of Businesses | Scoop.it
OpenSignal Insight Report into the State of Android Fragmentation August 2014
Farid Mheir's insight:

Many complain about Android fragmentation however the data here suggests that 80% of the devices in use are on Android 4.0+. Not that bad. The report dates back to Aug 2014 and Google Android developer website has more recent numbers that show even less fragmentation https://developer.android.com/about/dashboards/index.html 


More interesting are the data about the screen size fragmentation, link between GDP and android version, etc. Android truly is a very democratic OS.

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#IT budget average 3.3% of revenue in 2015, but but varies widely by industry

#IT budget average 3.3% of revenue in 2015, but but varies widely by industry | Digital Transformation of Businesses | Scoop.it
IT budgets are expected to increase by only 1% in 2015, during an era of unprecedented digital trasition and disruption. Is IT being given the resources to win? If it is, can it deliver?
Farid Mheir's insight:

Post that claims IT investment is flat but that overall spend in digital technologies will continue to increase, but it will happen outside the realm of IT and the CIO control.

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A bill of Rights for #iot? This guy makes a pretty argument for it

Everything You Know About the Internet of Things is Wrong - Backchannel - Medium
We need similar kinds of principles laid down for the IoT. One idea, from technologist Limor Freid, is that we create a minimal bill of rights. Something that says open is better than closed, ensuring portability between devices. We must ensure that consumers, not companies, own the data collected by devices and that any devices that collect public data (such as traffic flows or crowd sizes) share that data in the public realm. Users should have the right to keep their data private, and be able to delete or back up data collected by the devices they own. We also need to ensure that individuals are compensated fairly for the information they create, rather than allowing the value to be skimmed off by what Jaron Lanier calls “siren servers,” which concentrate wealth in the hands of the few who control the data centers.
Farid Mheir's insight:

The article talks of a bill of rights for internet of things, but also provides examples of 35 years wifi solution running on a AAA battery and a LED equipped umbrella.

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64 Ways To Think About a News Homepage

64 Ways To Think About a News Homepage - TheLi.st @ Medium - Medium

The mission was to gather together a lot of very smart people who don’t work in news — and ask them to design a new news homepage.

By news homepage, I mean any way for a user to first encounter content. 

Farid Mheir's insight:

Lots of good ideas that show how much flexibility we have when we design web pages, not just "news" homepages. Also provides some links to some of today's most progressive news delivery websites, including Quartz, Medium and others.


And then it lists the results of a brainstorm session, with many new ideas presented as handwritten notes. This is the most interesting part, as it uses the inline commenting features that are part of medium platform to get people insights into these new ideas.


WHY THIS IS IMPORTANT

It shows how a blog posting platform (medium) can be used to share information and gather readers insight embedded. Simply  amazing!

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Russell R. Roberts, Jr.'s curator insight, August 29, 1:29 AM

Thanks to reporter Farid Mheir for this intriguing article.  This post contains a wealth of information for the blogging community. I run several niche blogs and I find some of these suggestions quite useful in updating my approach to how I organize my blog presentations.  Lots of good stuff here. Aloha, Russ.

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The more you earn, the less worried you are about tech stealing your job

The more you earn, the less worried you are about tech stealing your job | Digital Transformation of Businesses | Scoop.it

According to a YouGov survey, workers making more than $80,000 a year are a lot less worried about technology

Farid Mheir's insight:

Not a big surprise here but always good to get the data.

Follow this link for the full report and survey results: https://today.yougov.com/news/2015/07/27/low-income-americans-worry-technology/


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OURA ring. Improve sleep. Perform better. A new era in wellness trackers?

OURA ring. Improve sleep. Perform better. A new era in wellness trackers? | Digital Transformation of Businesses | Scoop.it
OURA is a revolutionary ring-sized wellness computer that helps you sleep and perform better.
Farid Mheir's insight:

A new sleep tracking device.


WHY IS THIS IMPORTANT

Ring size, no screen, very small, 3 days of battery life: the future of wearable devices will be more like this I believe. Unobtrusive, with you all the time, the benefits comes form data analysis, not a big screen or multi-app support.

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Jake D'Imperio gis's curator insight, August 25, 10:26 PM

OURA is a computer that helps people track many different aspect of their health and is also the size of a ring. While the technology is new and expensive the OURA may end up helping people with sleep related health problems by alerting them to the problem allowing them to seek treatment and maybe even save their life. I feel as if this ring, if it gets popular enough may actually help the population by allowing them to keep better track of thier health.

Tracy Harding's comment, September 1, 9:19 AM
You need to pick more obvious global news stories.
Farid Mheir's comment, September 1, 9:26 AM
Thank you @Jake D'Imperio gis for your insights!
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The Rise of the Chief Digital Officer

The Rise of the Chief Digital Officer | Digital Transformation of Businesses | Scoop.it
Farid Mheir's insight:

Amazing explanation fo what a CDO should do.

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Russell R. Roberts, Jr.'s curator insight, August 20, 1:46 AM

Thanks to reporter Farid Mheir for citing this article.  It won't be long before the Chief Digital Officer (CDO) will be the playmaker  for companies wishing to survive the rapid transition from old business models to the uncertain age of digital technology and new patterns of consumer behavior.  The article makes a strong case for executive talent that helps companies keep pace with evolving technologies and changing patterns of consumer preference.  The CDO is fast becoming the "right hand man" of the company CEO, helping "to drive change across the organization."  In this century, change is the only constant.  Change or you get left behind.  Aloha, Russ.

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Antimony: description of the program

Antimony: description of the program | Digital Transformation of Businesses | Scoop.it
Farid Mheir's insight:

You must listen to the video to get an idea how big this solution is.


Matt Keeter is amazing and this software CAD program is just amazing I find. Antimony solution just blew my mind. Read through the article then download the program and play with it: pure magic! 


WHY THIS IS IMPORTANT?

Antimony takes a different approach to software programming, exposing the logic very close to the end user to allow them to see what happens and control it in a very simple intuitive way.

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Four short links: a #dailyRead via @gnat Nat Torkington

Four short links: a #dailyRead via @gnat Nat Torkington | Digital Transformation of Businesses | Scoop.it
Nat has chaired the O'Reilly Open Source Convention and other O'Reilly conferences for over a decade. He ran the first web server in New Zealand, co-wrote the best-selling Perl Cookbook, and was...
Farid Mheir's insight:

I always find nuggets of information in this daily newsletter that provides me with 4 links worth reading.


WHY THIS MATTERS?

We all get our news from the same spot, this one is different.

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Embracing #Digital Technologies in Traditional Worlds: yellow pages case study @MITSloan

Embracing #Digital Technologies in Traditional Worlds: yellow pages case study @MITSloan | Digital Transformation of Businesses | Scoop.it
Business that are succeeding in the digital world are questioning key managerial assumptions. Case in point: the French Yellow Pages.
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How to hack a Tesla model S? DEFCON Hacking Conference

How to hack a Tesla model S? DEFCON Hacking Conference | Digital Transformation of Businesses | Scoop.it

The Tesla Model S is the most connected car in the world. It might surprise you to hear that it is also one of the most secure. In this talk we will walk you through the architecture of a Tesla Model S noting things that Tesla got right as well as identifying those that they got wrong. From this talk you will get an intimate understanding of how the many interconnected systems in a Tesla model S work and most importantly how they can be hacked. You will also get a good understanding of the data that this connected car collects and what Tesla does with this telemetry. We will also be releasing a tool that will enable Tesla Model S owners to view and analyse that telemetry in real time. Finally we will also be releasing several 0day vulnerabilities that will allow you to hack a Tesla Model S yourself - both locally and remotely. Note - only one of the 6 vulnerabilities we will discuss and release has been fixed. Disclaimer: With great access comes great responsibility - In other words we are not responsible for any Tesla Model S bricked by over enthusiastic attendees of this talk :)

Farid Mheir's insight:

I love August because it is the month where hacking conferences are held. And they always have their share of flamboyant hacks like this one. Looking forward to see what this year's crop will bring...


Also read the short piece in the WSJ about the hack and what it does.

http://blogs.wsj.com/digits/2015/08/06/hackers-take-control-of-a-tesla-sort-of/ 

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