Oracle promises IaaS growth as cloud business rises

Oracle’s third quarter financial results continue to show that the company’s future is in the cloud. On Wednesday, the company reported massive growth in its software- and platform-as-a-service businesses, promising further gains as its customers do away with their data centers. The company’s SaaS and PaaS revenue from December 2016 through February 2017 was a…

Cobol plays major role in U.S. government breaches

New research is turning on its head the idea that legacy systems — such as Cobol and Fortran — are more secure because hackers are unfamiliar with the technology. New research found that these outdated systems, which may not be encrypted or even documented, were more susceptible to threats. By analyzing publicly available federal spending…

Unpatched vulnerability puts Ubiquiti networking products at risk

An unpatched command injection vulnerability could allow hackers to take over enterprise networking products from Ubiquiti Networks. The vulnerability was discovered by researchers from SEC Consult and allows authenticated users to inject arbitrary commands into the web-based administration interface of affected devices. These commands would be executed on the underlying operating system as root, the…