Telecom Expense: What is the REAL Cost?

Nothing is free. Not really. So if you are not charging or allocating your calls you may suddenly have to increase your costs for bandwidth without having ways to charge for it. Not a good thing.

In case you didn’t know it, employee overhead is the second or third expense for organizations. How are you keeping on top of this expense? Are employees maximizing their work time? Looking at the calling activity is one of the best ways to determine if the employee is working well.  

Here are three key questions to ask yourself:

1.       How much will it cost your company if there is illegal calling or illicit actions being taken by an employee?

2.       How much will it cost your company if there is a lawsuit and you cannot prove points in the courts?

3.       How much will it cost your Business Center? There are fewer and fewer revenue opportunities why remove one?

Bottom line? You are consistently paying for your voice data. It is just bundled into your data bills.

Still skeptical? Tony Freeth, Principal at FTM and PBL (Medusa), says it best:

"Voice calls are data, true, but require the best quality data. If you don't control bandwidth then you can never be sure. All it can take is a very large Dropbox synch to give you a bad day. Voice is not complex or expensive to manage, and you don't need an IT star. So here's the golden rule - allow 100 kbps of bandwidth for every simultaneous call, add 20% for luck. Drop your voice calls into this protected 'slice', safe from where the rough and ready data applications can't get to it. Then relax and forget it."

In other words: Make sure you're covered.  

____________________________________________________________________________

CDR-Data applications are supported by products that, collectively, provide you with all the resources needed to effectively manage your communications and personnel expenses without having to add resources.  

•  eCDR®:  All the reporting options and flexibility needed to effectively manage and allocate telecommunications expense. Easy to use and fully customizable.          
•  eBill-Back®:  Fast, accurate telecommunications billing system for business centers, shared-tenant environments and any business requiring bill back of end users.

More information about our products and services can be obtained by visiting
www.cdrdata.com, or by contacting us at 626 791-9700.

Georgetown students enroll in the start-up version of summer school

Attendees gather at the Georgetown Summer Startup Showcase on Wednesday night at 1776. The event featured presentations from ventures s started by students. (Photo courtesy of Georgetown University)

When Enrique Novella travels to his native Guatemala once a year, the requests from friends and family for American products come in waves. A cousin needs a new MacBook Pro. A friend wants the latest J. Crew apparel. For others, perhaps it’s a designer handbag, video game system or specific brand of chocolate.

Those items tend to be more expensive in the Central American country, if they’re available at all,  Novella said. As a result, travelers heading overseas find their luggage weighed down with merchandise for other people. This summer, the Georgetown MBA student created a Web site called Pax Seeker to connect travelers with those seeking items.

The young venture was one of seven to present Wednesday night at Georgetown University’s Summer Startup Showcase. The event marked the end of a two-month program in which undergraduate and graduate students from schools across campus develop business ideas and learn the basics of being an entrepreneur.

S.F. startup ManServants makes women queens for a day...

The UpTake: Leave it to a couple of advertising copywriters who spend their days cajoling consumers to come up with this juicy startup idea: ManServants, which offers gentlemanly men for hire ready to cater to women’s every whim (well, almost).

 

 Among the services the new startup ManServants offers to provide: drinks service at poolside.

 http://www.bizjournals.com/sanfrancisco/blog/2014/07/startup-manservants-san-francisco-khajah.html

Georgetown students enroll in the start-up version of summer school

Attendees gather at the Georgetown Summer Startup Showcase on Wednesday night at 1776. The event featured presentations from ventures s started by students. (Photo courtesy of Georgetown University)

 

When Enrique Novella travels to his native Guatemala once a year, the requests from friends and family for American products come in waves. A cousin needs a new MacBook Pro. A friend wants the latest J. Crew apparel. For others, perhaps it’s a designer handbag, video game system or specific brand of chocolate.

Those items tend to be more expensive in the Central American country, if they’re available at all,  Novella said. As a result, travelers heading overseas find their luggage weighed down with merchandise for other people. This summer, the Georgetown MBA student created a Web site called Pax Seeker to connect travelers with those seeking items.

The young venture was one of seven to present Wednesday night at Georgetown University’s Summer Startup Showcase. The event marked the end of a two-month program in which undergraduate and graduate students from schools across campus develop business ideas and learn the basics of being an entrepreneur.

Philadelphia Opens Innovation Lab for City Employees

The learning space represents an ongoing strategy by Mayor Michael Nutter to institutionalize a new way of problem solving within city government.

Philadelphia may be one of the oldest cities in the country, but it's developing a new way of doing business. On Friday Aug. 1, Mayor Michael Nutter opened an Innovation Lab inside the Municipal Services Building, which overlooks Philadelphia’s iconic city hall. Decorated with an extensive mural that depicts innovation in Philadelphia – past and present – the lab will be a place for city employees to step out of their daily routine to spend time focusing on innovation, ideation and problem-solving.

“The mayor embodies the culture of continuous improvement, which he expects from all of us,” said General Manager Richard Negrin. “The lab meets that embodiment. It’s about doing things in new ways, being innovative.”

The lab is modeled after one developed by Philadelphia University and will provide space that will enable city workers to collaborate with members of the city’s technology community to perform hackathons and other forms of creative problem solving.

“The lab will bring the spirit of startups inside of city government,” said Chief Innovation Officer Adel Ebeid. “The goal is to create a culture of innovation, to sustain it and grow it long term.”

The lab will be integrated with the city’s Innovation Academy, which was launched in January to teach city officials about innovation, problem solving and systems thinking. Graduates of the academy are expected to become innovation evangelists within their city agencies, but also to take part in work at the lab.

The lab will tackle different issues during 90-day increments, said Ebeid. Topics under consideration include geo-spatial analysis, public health, public safety, poverty and economic development. “The plan is rotate the topic every 90 days, so we can engage a different audience and solve different problems,” he said. Subject matter experts from the region's more than 80 colleges and universities are also expected to participate.

Other participants include children from the city schools. “We’re partnering with the Philadelphia school district to give kids exposure to technology that they may not be getting in their classroom,” said Negrin. The goal is to not just further the children’s education, but to also let a little bit of innovative government thinking rub off on them. “We want to get them excited about public service, show them that government is cool and is on the cutting edge of technology.” he said.

The idea for the lab was started when Negrin and Ebeid managed the city’s application for a $1 million grant from the Bloomberg Challenge, which was awarded to the city in 2013. The effort exposed them to a lot of innovative ideas within city government, according to Negrin. “We thought, wouldn’t be great if we could do this on a regular basis, institutionalize problem solving and ideation within city government.”

Now, with the doors of the lab open, Ebeid says the goal is to get enough of the right people together in the lab, give them the freedom to think creatively, clarify the problem they are tackling, and then set the process in motion so that the problem gets solved. “We are looking for solutions that will improve service delivery, civic engagement, innovation and even government transparency,” he said. “These can be done in a variety of ways, most likely with mobile apps.”

One challenge will be to find the funding to sustain the lab, which cost $100,000 to build and equip. But Ebeid is excited about what the lab will be able to do and believes that once solutions start rolling out, the funding will follow. And he expects the lab to become a talent magnet.

“The lab is a way to show that government can solve problems, and it is also a way to attract new talent,” he said. “There are a lot of younger people who are choosing to help solve the problems of city government, rather than be on the outside. The lab and the academy show them that we are not your typical government.”

Malware starts mugging as thousands of computers are hacked and encoded by ransomers. Are you at risk?

'Your Money or Your Files' as Threat of Online Stickups Grows

You’re an entrepreneur, managing the business from your PC. You’re a doting mother, with hundreds of photos of your children on your laptop. Now, if someone seized all those files, how much would you pay to get them back?

There’s nothing theoretical about the scenario. Hundreds of thousands of people have had to wrestle with that question as so-called ransomware infections have surged, encrypting billions of documents. Hackers demand hundreds or thousands of dollars to provide the key that unscrambles files so you can view and use them again. One particularly virulent strain, called CryptoWall, has infected about 625,000 systems and encrypted more than 5.25 billion files since mid-March, according to new research from Dell SecureWorks. One desperate U.S. victim paid the hackers $10,000.

Most malware is like a pickpocket, taking your valuables before you’re aware of it. CryptoWall and other ransomware is like a mugger: your money or your files. It’s smart, really, because in most cases, your files are most valuable to you. It’s also easy money for hackers, a lot less work than trying to sell 40 million purloined card numbers on the black market, a la the Target breach. Keith Jarvis, a SecureWorks researcher in Atlanta, found that 1,683 CryptoWall victims forked over a total of $1.1 million to the hackers.

Story: Defending Against Hackers of the Future

 

“There’s nothing going on in the back end for these guys, they just sit back and wait for the money to come in,” says Jarvis. “They don’t have to paw through the data, they don’t have to figure out how to sell it.”

The stickup artists have also gotten a lot better at the scam in recent months. Ransomware started surfacing a few years ago, designed to lock your computer screen and demand money to get access back, says Jarvis. It was a bluff, though; the hackers might claim your files were encrypted, but they weren’t. Victims could break the lock with security software. The criminals relied on ignorance and threats of legal action for illegal downloads of movies or pornography to cow people into paying.

A more powerful version emerged last September called CryptoLocker, which, as the name suggests, really did encrypt files. If you didn’t pay, you lost your files forever. CryptoLocker spread to more than 530,000 machines, reaping $3 million for the group behind it, according to Fox-IT, before the infrastructure it relied on got taken down as part of a massive law enforcement effort in late May.

Story: Hackers Devise Wireless Methods for Stealing ATM Users' PINs

 

TDHServices, a small construction company near Houston that specializes in doors and frames, got hit in October. An office worker set the malware loose by clicking on an e-mail attachment, and within 24 hours up to 40,000 files on the company’s server and its cloud backup files were encrypted, says Julian Ramos, TDH’s vice president and the son of the company’s founder.

“We had 15 years’ worth of work in that server,” he says.

The screen displayed on the compromised computer had an ominous-looking timer that counted down from 72 hours, the ransom deadline, Ramos remembers. He quickly figured out he wasn’t going to be able to break it, and his father paid the $300 demanded. The thieves kept their end of the bargain and decrypted the company’s files. If they hadn’t, TDHServices might now be out of business.

Story: Hackers Serve Up App Ideas for Chipotle, Google, and Mario Batali

 

“I don’t know what the threshold is where we would have said no,” Ramos says. “I think we probably would have paid up to every penny we all had, because every file is important.”

CryptoWall is the latest ransomware du jour, and it also does the encryption right. Unless you have backups somewhere unconnected to your computer or server, there’s no way to get your files without paying. Rates vary; SecureWorks saw one victim shell out $10,000, but most paid $500 to $1,000. Although large enterprises may have enough protections in place to foil ransomware on their networks, small businesses and individuals often don’t, Jarvis says. Adding to the headache: The CryptoWall group requires payment in Bitcoin, which most people and businesses don’t use.

More traditional ransomware varieties are also on the rise. Kovter, one of the screen-locking types, reached a high of 43,713 infections on a single day in June, according to security company Damballa. For the third quarter so far, the peak count for a single day has already surpassed that, at 59,589.

At TDHServices, no one in the office opens anything unless they recognize it, and the cloud file backup has its own backup. Just to be safe, Ramos also copies everything to a separate external hard drive on Fridays, before he leaves.

“We saw a police report that said don’t pay ’em,” Ramos says. “And I thought, ‘That’s easy for you to say, it’s not your business that’s on the line.’”

LinkedIn acquires alerts service Newsle

LinkedIn has agreed to acquire Newsle, an alerts service that will undoubtedly bolster the social network's features for tracking users outside its website.

In joint statements Monday, the two companies indicated the service will help users know more about what various people on the site are doing. The technology will likely bolster LinkedIn's existing feature for alerting a user's connections when they're mentioned in news articles. 

"For example, knowing more about the people in your network -- like when they're mentioned in the news -- can surface relevant insights that help you hit your next meeting with them out of the park," said Ryan Roslansky, a LinkedIn spokesman. 

A LinkedIn spokesman declined to disclose the terms of the deal.

The acquisition is the latest among social networking companies, which have been spending big recently, particularly on advertising technology. Twitter, for example, last month bought TapCommerce, an advertising company that specializes in convincing consumers to reopen and use commerce apps (like eBay) already downloaded to their phones. 

In LinkedIn's case, its acquisitions have appeared to hue away from advertising efforts, and more toward bolstering various functions on its site. For example, in February, LinkedIn agreed to pay $120 million for Bright, a data-driven job search startup. The goal was to bolster LinkedIn's job-search features. A few months later, LinkedIn released a new mobile app for job seekers, claiming more than 40 percent of users now look for jobs using their mobile devices.

Newsle will likely help bolster LinkedIn's efforts to get users to interact with its site even more. Last week, it released a new version of its contacts app, which includes notifications about other user's activities.