Stories by Michael Cooney

Cisco will jettison 5,500 jobs

During its earnings announcement the company said total revenue was $48.7 billion, an increase of 3% over last year. Still the company faces challenges in its core switching and routing business.

Is Cisco set to cut 14,000 jobs?

Industry reports have it that Cisco will soon – possibly as early as today -- cut as many as 14,000 jobs – or about 20% of its 73,000 member workforce.
According to a report from tech site CRN the cuts emphasize the Cisco’s growing emphasis on software which is requiring staff with a different set of skills, CRN reported. Early retirement plans have already been offered to employees as well.

US senators want airline IT meltdowns to end

Two high-profile airline technology meltdowns stranding thousands of travelers in the past couple weeks have prompted two US senators to push carriers to bolster their technology.
Senators Richard Blumenthal (D-Conn.) and Edward J. Markey (D-Mass.)this week sent a letter to the most recent offenders -- Delta and Southwest -- as well as 11 other airlines to get a better handle on whether or not their information technology systems are reliable and resilient.

Cisco uncovers security threat in industrial control system

Cisco’s security intelligence and research group Talos, said that it had reported a serious vulnerability in Rockwell Automation’s industrial control system – the MicroLogix 1400 programmable logic controller (PLC).
The Simple Network Management Protocol exploit could let an attacker take complete remote control of the MicroLogix system and modify the device firmware, letting an invader run his own malicious code on the device.

Market Place

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