Print Print

Bits ‘n’ Pieces

Malware attacks

Drastic rise in malware attacks on U.S. businesses

A new report released by Malwarebytes shows that malware – such as spyware, ransomware, adware and botnets – is a continued and growing problem for U.S. businesses. Ninety percent of U.S. small- to mid-sized businesses reported increased malware detection in Q1 2017 over Q1 2016, according to the report, and all 50 states saw a significant spike in malware detections.

Here are some of the key findings.

  • Ten states detected a 500 percent increase in ransomware alone in March 2017.
  • Fifteen states saw their total number of malware-related incidents quadruple.
  • Maine had the highest rate of malware detection per 100 endpoints (Endpoints refer to devices connected to a network, such as laptops, desktops and mobile devices.).
  • Industries at the highest risk included retail, tourism and health care.

Researchers collected data for the report between Jan. 1, 2016, and March 31, 2017.

 

Millennials have a high risk of losing jobs to automation

As the largest generation of the U.S. workforce, millennials will have the most to lose from the growth of automation technologies such as artificial intelligence (AI). In the article “Millennials: Studies say your work future is not looking to bright,” Inc.com explores how automation could impact the workforce, and specifically, millennial employees.

The article cites Carl Frey and Michael Osborne’s study, titled “The Future of Employment: How Susceptible Are Jobs to Computerisation?” which estimates a significant portion of U.S. employment (about 47 percent) is in the high-risk category of being replaced by automation such as robots. A McKinsey & Company report states that “half of today’s work activities could be automated by 2055,” depending on various factors and economic conditions. But the trend isn’t likely to impact all generations equally.

Gallup’s analysis of the Frey and Osborne study suggests that “millennials are most vulnerable to the threat of AI and automation” and having their jobs replaced by new technologies. In fact, nearly four in 10 millennials (37 percent) are at a “high risk” of having their job replaced by automation compared to Gen Xers and baby boomers, Gallup says.

 

One in 10 LinkedIn profiles is a ‘complete lie’

Whether you use LinkedIn to vet job candidates, prospects or vendors, you may not want to put too much trust in the information you find on their personal profiles.

A new study by LendEDU found one in 10 LinkedIn profiles is, in fact, a “complete lie.” LendEDU, an online marketplace for student loan refinancing, discovered the high incidence of misinformation on LinkedIn by polling respondents from a variety of industries about their LinkedIn usage.

Of the 1,252 respondents polled:

  • Twenty-three percent reported they were prone to lying on their LinkedIn profile, specifically about “My skills.”
  • Eleven percent said, “My profile is almost entirely made up of things I have never done.”
  • Other areas LinkedIn users reported lying most about on their profiles were “The dates for my work experience,” “My work experience” and “Educational accomplishments,” respectively.

On a positive note, the report shows that most people are honest in their LinkedIn profiles, especially about their work experience. When asked “How accurately does your LinkedIn profile portray your work experience?” 64 percent of people surveyed answered, “Completely accurate, I only add things that I’ve actually done.”