Business of Tech: Daily 10-Minute IT Services Insights

Cybersecurity Backlog, VMware Shift, Microsoft Price Hike, Apple AI Date, IT Leadership Report

Oct 8, 2024

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The National Institute of Standards and Technology (NIST) facces ongoing challenges regarding its backlog of security vulnerability reports. Despite some progress, NIST missed its September 30th deadline to restore processing speeds to pre-February levels, leaving over 17,000 Common Vulnerabilities and Exposures (CVEs) unprocessed. This backlog poses significant risks to organizations, as they may remain unaware of vulnerabilities that are actively being exploited. The episode highlights the importance of effective risk management in cybersecurity and encourages organizations to pressure vendors to participate in disclosure programs.

The episode also delves into the rising concerns surrounding cloud security threats, which have become the top worry for executives, according to a recent PwC report. The report identifies hack and leak operations, third-party breaches, and ransomware as leading threats, with organizations feeling least prepared to address cloud attacks. Additionally, Microsoft has informed customers about a software bug that affected log data collection for key security products, emphasizing the need for robust security measures and incident response planning.

Host Dave Sobel shifts focus to the impact of Broadcom's acquisition of VMware, which has led many users to explore alternatives like OpenStack. The latest version of OpenStack, codenamed Dalmatian, is experiencing a resurgence as former VMware users migrate to its platform, benefiting from improved tools and a stable ecosystem. Meanwhile, Microsoft has announced a 10% price increase for its System Center management tool set for 2025, raising questions about potential challenges for the product in the competitive landscape.

Finally, the episode addresses the stagnation in IT leadership diversity, revealing concerning statistics from a recent survey. The data shows that 89.6% of IT leaders are white and 79% are male, with minimal changes from previous quarters. The Society for Human Resource Management's recent decision to remove equity from its diversity, equity, and inclusion strategy has sparked controversy, as critics argue it undermines commitments to fostering a diverse workplace. Sobel emphasizes the importance of gender diversity in IT, citing research that indicates diverse teams outperform homogeneous ones, ultimately enhancing business efficiency and customer satisfaction.

Four things to know today

00:00 NIST Faces Vulnerability Report Backlog as Cloud Threats Dominate Cybersecurity Concerns

04:02 VMware Users Flock to OpenStack Amid Acquisition Uncertainty, While Microsoft Ups System Center Pricing for 2025

05:36 Apple Addresses macOS Sequoia Cybersecurity Bugs Ahead of Major AI Launch with iOS 18.1

06:38 IT Leadership Diversity Stagnates as DEI Efforts Face Scrutiny

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Event: www.smbTechFest.com/Go/Sobel