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Hackers claim ransomware attack on Los Angeles housing authority

TechCrunch LA

The Housing Authority of the City of Los Angeles, or HACLA, has confirmed it is investigating a cybersecurity incident shortly after the LockBit ransomware gang claimed responsibility for a cyberattack on the agency. LockBit’s claimed attack on HACLA marks the second major cyberattack on a Los Angeles city agency in recent months.

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Applied Information Expands In LA

socalTECH

Applied Information, Inc. , a developer of "intelligent" transportation systems and Internet-of-Things mobility technology, says it has named a new VP for the company in Los Angeles, to head up business development in the western states. Applied Information is based in Suwanee, Georgia. READ MORE>>.

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Mercedes-Benz app glitch exposed car owners’ information to other users

TechCrunch LA

Mercedes-Benz car owners have said that the app they used to remotely locate, unlock and start their cars was displaying other people’s account and vehicle information. One Seattle-based car owner told TechCrunch that their app pulled in information from several other accounts.

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Information Security Spooktactular

SoCal Tech Calendar

Thursday, October 26, 2017 -- Information Security Spooktactular. WITI Los Angeles. Today more than ever, having a basic understandand#8203;ing of Information Security, its issues and threats is essential. Are you spooked every-time you hear of a Security Breach?

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What’s the minimum information to give your investors?

Berkonomics

Every investor wants regular information from companies taking their money. On the other side, entrepreneurs and CEO’s usually have a natural fear of giving too much information to us investors after the initial investment is received. How much financial information must our companies give?

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Key Information Systems Buys ISWest

socalTECH

Woodland Hills-based Key Information Systems said Friday morning that it has acquired IT colocation and hosting company ISWest. Key Information Systems is a major, IT systems integrator focused on business continuity, virtualization, security, storage, and other related areas. Key Information System is led by Lief Morin.

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Why You Don’t Want to Give Financial Information to All of Your Investors

Both Sides of the Table

The trends are well understood: more angels, more seed funds, more crowdsourcing and so forth. I have blogged about some of the downside consequences of the changes and the private information I have says the consequences are much worse than is reported in the press since few people publicly talk about. There is a reason for this.