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Posted On August 1st, 2017 by Crowded Ocean

New terms in startup-land: August 2017 edition

Chipmunk speed: podcast fans are flooded with so many choices of content these days that avid listeners have started to consume content at 1.5X or 2X (or more) the normal speed using the feature in the podcast app settings. Maybe this is a new way to keep up with your friends and startup denizens: speed-listen to your favorite podcasts and consume more in the same amount of time.

Smishing: short for “SMS phishing”, this security attack targets a user to download malware onto their cell phone via text message, rather than email.

Cyber-physical systems: that’s a physical system that can be manipulated by digital means, such as an industrial pump, could be vulnerable to a cyber attack. Security researchers at the 2017 BlackHat Conference illustrated how industrial systems in physical infrastructure that’s far beyond traditional security barriers, can be quietly hacked.

Bimodal IT: the new label for corporations that are managing legacy systems while embracing new technologies like AI and machine learning. According to a recent survey of CIOs, senior IT managers and other IT decision makers, 79% said they are already or are planning to adopt a bimodal IT strategy this year.