The National Science Foundation (NSF) has doled out grants worth up to $32 million in total to a pack of universities dedicated to rethinking the Internet from from core routing system to its security architecture. Researchers predict software security will continue to struggle to keep up with cloud and IoT in the new year. An offshore Cayman Islands bank s backups, covering a $500 million investment portfolio, were left unsecured and leaking personal banking information, passport data and even online banking PINs.
Source: https://threatpost.com/national-science-foundation-time-web-makeover-091010/74454/