Security standards a priority for cloud networks, Campitelli says; IT budgets, spending rise among SMBs

> Customers need to be confident their data is secure within a cloud network, but service providers don't yet have the resources to allow each of their customers to explore and audit their networks, said Vince Campitelli, vice president of IT risk management at McKesson Corp. speaking at the Security Standard conference. Story.

> Indoor ONTs may be due for a revival, says Connected Planet's Dan O'Shea as he reports on Occam Networks' announcement of new indoor GPON optical network terminals at the FTTH Conference going on this week in Las Vegas. Story.

> Fujitsu (Other OTC: FJTSY.PK) is celebrating its 75th anniversary this year, the company announced in a press release that details its company history. Behold.

> GigOptix (OTCBB: GGOX) will showcase its 40G and 100G solutions at the 36th European Conference & Exhibition on Optical Communications (ECOC) in Torino, Italy next week. News release.

> IT budgets and spending among SMBs (small to medium businesses) is increasing despite a sluggish economy. According to CDW IT Monitor, 27 percent of IT decision makers at small companies surveyed expect increased budgets within the next six months. Spending and hiring of IT personnel is also predicted to rise. News release.

> The European Commission has extended by two years its contract with Orange Business Services to manage the pan-European sTESTA network, a highly secure data network that allows for reliable exchange of information between national and European administrations within the EU. News release.

> AT&T (NYSE: T) is adding more 3D content to its U-verse television offering, and best of all, it's free to subscribers. Six IMAX features will be found in the U-verse on demand library beginning in early October. News release.

And finally... Verizon Communications (NYSE: VZ) may have found a way into Japan's notoriously tough-to-crack IT market, the Wall Street Journal reports, signing a $100 million contract with Mitsui & Co. to provide communications, security and other IT services. Story (sub. req.)