Difference between revisions of "User:RahalMccall69"

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(WASHINGTON- S&P- Wealth gap is slowing US economic growth)
(Seven of the ten most popular Internet of Things devices contain security flaws, says HP)
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WASHINGTON Economists have long argued that a rising wealth gap has complicated the U.S. rebound from the Great Recession.Now, an analysis by the rating agency Standard & Poor's lends its weight to the argument: The widening gap between the wealthiest Americans and everyone else has made the economy more prone to boom-bust cycles and slowed the 5-year-old recovery from the recession.Economic disparities appear to be reaching extremes that "need to be watched because they're damaging to growth," said Beth Ann Bovino, chief U.S. economist at S&P.The rising concentration of income among the top 1 percent of earners has contributed to S&P's cutting its growth estimates for the economy. In part because of the disparity, it estimates that <a href=http://www.louisvuitton-pascher.com>Sac Louis vuitton</a> the economy will grow at a 2.5 percent annual pace in the next decade, down from a forecast five years ago of a 2.8 percent rate.The S&P report advises against using the tax code to try to narrow the gap. Instead, it suggests that greater access to education would help ease wealth disparities.Part of the problem is that educational achievement has stalled in recent decades. More schooling usually translates into higher wages. S&P estimates that the U.S. economy would grow annually by an additional half a percentage point or $105 billion over the next five years, if the average the American worker had completed just one more year <a href=http://www.louisvuitton-pascher.com>LOUIS VUITTON Site Officiel</a> of school.By contrast, S&P concludes, heavy taxes that would be meant to reduce inequality could remove incentives for people to work and cause businesses to hire fewer employees because of the costs involved.The report builds on data from the Congressional Budget Office, the International Monetary Fund and academic economists to explain how income disparities can hurt growth. Many consumers tend to become more dependent on debt to continue spending, thereby worsening the boom-bust cycle. Or they curb their spending, and growth improves only modestly, as it has during the current recovery.Tax data tracked as part of the World Top Incomes Database project reveal just how much the economic chasm has expanded.An American in the top 1 percent of earners had an average income of $1.3 million in 2012, the most recent year for which data are available. Average income jumps to $30.8 million for the top 0.01 percent.Adjusted for inflation, the top 0.01 percent's average earnings have jumped by a factor of seven since 1913. For the bottom 90 percent of Americans, average incomes after inflation have grown by a factor <a href=http://www.louisvuitton-pascher.com>LOUIS VUITTON Homme</a> of just three since 1917 and have declined for the past 13 years.Yet not all economists agree on how much, or even whether, the wealth gap slows growth.Harvard University economist Greg Mankiw wrote in a 2013 paper that "the evidence is that most of the very wealthy get that way by making substantial economic contributions, not by gaming the system."But S&P challenges the notion that a rising tide automatically will lift all boats:"A lifeboat carrying a few, surrounded by many treading water, risks capsizing," it argues.
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from HP that says around 70% of the most popular devices in some of the most common IoT niches are easily hackable.
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Conducted by HP s security unit Fortify, the study covered 10 kinds of IoT gadgets, <a href=http://www.louisvuittontassenkopen.com/goedkoop-louis-vuitton-alma-12>Louis Vuitton Alma Tassen</a> such as TVs, webcams, home thermostats, remote power outlets, sprinkler controllers, hubs for controlling multiple devices, door locks, home alarms, scales, and garage door openers.
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The company said these 10 devices were tested for around three weeks, during which a total of 250 security flaws were identified, averaging 25 vulnerabilities per device. Some of the common issues found involved <a href=http://www.louisvuittontassenkopen.com/goedkoop-louis-vuitton-speedy-17>Louis Vuitton tassen Speedy</a> privacy concerns, insufficient authorization, lack of data transport encryption, insecure web interfaces, and inadequate software protection.
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However, the PC maker said that most of the flaws discovered are&nbsp;easily addressable. For example, missing features like strong passwords, encrypted communications, and more shouldn t be hard to add.
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While the Internet of Things will connect and unify countless objects and systems, it also presents a significant challenge in fending off the adversary given the expanded attack surface , Fortify vice president Mike Armistead <a href=http://www.louisvuittontassenkopen.com/goedkoop-louis-vuitton-portemonn-16>Louis Vuitton Portemonn</a> said in a .
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According to Gartner, the Internet of Things will reach 26 billion units installed by 2020.&nbsp;Security should be on top of the priority list for IoT device manufacturers because if hackers are able to break in, there s no telling what sort of damage could be done.

Revision as of 07:32, 9 August 2014

@@@ from HP that says around 70% of the most popular devices in some of the most common IoT niches are easily hackable. Conducted by HP s security unit Fortify, the study covered 10 kinds of IoT gadgets, <a href=http://www.louisvuittontassenkopen.com/goedkoop-louis-vuitton-alma-12>Louis Vuitton Alma Tassen</a> such as TVs, webcams, home thermostats, remote power outlets, sprinkler controllers, hubs for controlling multiple devices, door locks, home alarms, scales, and garage door openers. The company said these 10 devices were tested for around three weeks, during which a total of 250 security flaws were identified, averaging 25 vulnerabilities per device. Some of the common issues found involved <a href=http://www.louisvuittontassenkopen.com/goedkoop-louis-vuitton-speedy-17>Louis Vuitton tassen Speedy</a> privacy concerns, insufficient authorization, lack of data transport encryption, insecure web interfaces, and inadequate software protection. However, the PC maker said that most of the flaws discovered are easily addressable. For example, missing features like strong passwords, encrypted communications, and more shouldn t be hard to add.

While the Internet of Things will connect and unify countless objects and systems, it also presents a significant challenge in fending off the adversary given the expanded attack surface , Fortify vice president Mike Armistead <a href=http://www.louisvuittontassenkopen.com/goedkoop-louis-vuitton-portemonn-16>Louis Vuitton Portemonn</a> said in a .

According to Gartner, the Internet of Things will reach 26 billion units installed by 2020. Security should be on top of the priority list for IoT device manufacturers because if hackers are able to break in, there s no telling what sort of damage could be done.

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