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Feds struggle to plug power grid security holes
Many of the current vulnerabilities in the power grid are attributable to newly adopted smart-grid technology, which allows operators to transmit energy from a diverse pool of resources. Smart-grid technology relies on devices in remote locations which constantly communicate with substations, those access points can be compromised by hackers.
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U.S. tops list of global entrepreneurs, followed by Australia and Sweden
The United States is the most entrepreneurial economy in the world, according to the 2014 Global Entrepreneurship and Development Index (GEDI). The GEDI index combines data on entrepreneurial activities and aspirations with data describing how well the country supports entrepreneurial activity in the United States and 119 other countries across the world. The United States came top, followed by Australia and Sweden in second and third place, respectively.
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Debate over closing NY’s Indian Point nuclear power plant intensifies
Indian Pointnuclear power plant, just thirty miles from New York City, has presented a conundrum for environmentalists who advocate clean-air initiatives, caps on carbon emissions, and increasing investment in non-polluting renewable energy sources — but at the same time argue that nuclear power poses a safety hazard to the surrounding area and demand that Indian Point cease operations. Closing the plant would require a long-term energy strategy to replace the 2,000 megawatts the plant currently produces.
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Cutting edge, animatronic mannequin to test CB protective suits, equipment
The U.K. Defense Science and Technology Laboratory (DSTL) has taken delivery of a new robotic mannequin which will be used to test chemical and biological (CB) protective suits and equipment for the U.K.’s Armed Forces. The “Porton Man” uses state of the art technology and is able to walk, march, run, sit, kneel and even lift its arms as if to sight a weapon just like an infantry soldier.
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Federal judge: terrorism victims may seize Iranian-owned $500 million mid-Manhattan tower
Federal Judge Katherine Forrest on Friday ruled that the Iranian companies which own the 650 Fifth Avenue building in Manhattan must forfeit the property – evaluated between $500 and $700 million — to victims of terrorism who hold billions of dollars in judgments against Iran. The claimants include families who lost relatives in the 9/11 attacks and the 1983 Beirut bombing, in both of which Iran was implicated. The Iranian owners have vowed to appeal, but legal experts say the building assets could possibly be distributed while the challenge is pending.
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More stringent climate policies mean hard choices for coal plant operators
Limiting climate change to 2°C means shutting down coal power plants — an unpopular proposition for coal power companies. A new study shows, however, that delaying climate policies could prove even worse for power plant owners. The reason: new power plants being built now, especially in China and India, are built to run for 30-50 years, paying off only after years of operation. Stringent climate policies, however, could make the cost of emission so high that coal power generation is no longer competitive, leaving new power plants sitting idle and their owners and investors with huge losses — a problem known as stranded capacity.
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CBP takes another stab at high-tech border security
The George W. Bush administration’s effort to build a high-tech border security system – the Boeing-led SBINet – was a failure, and the Obama administration shut it down in 2011. CBP is now trying again, this time with Elbit Systems as the lead contractor. The hope is that the lessons of the doomed SBINet, and Elbit’s experience in building high-tech defensive systems along Israel’s borders, would yield better result this time around.
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Food-related disease outbreaks can teach us about the consequence of food terrorism
Since unintentional food-related outbreaks have become so common, policy makers could use data from unintended foodborne disease outbreaks to estimate the effects of intended foodborne disease outbreaks. The impact on trade and economies is the primary motive for food terrorism, according to the World Health Organization (WHO), but beyond the financial loss, such intended foodborne disease outbreaks may even impact political stability.
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University scientific research has enormous short-term value: study
Using new data available to examine the short-term economic activity generated by science funding, researchers have for the first time been able to illuminate the breadth of the scientific workforce and the national impact of the research supply chain that is funded by federal grants. They found that university research is a key component of the U.S. economic ecosystem, returning the investment through enormous public value and impact on employment, business, and manufacturing nationwide.
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Anti-immigrants backlash in Europe intensifies
Anti-immigration groups and parties are enjoying a surge in many European countries, including Britain, France, and Austria, as many European economies face high unemployment and declining wages. The open-border policies of the European Union (EU), which allow citizens of EU member states to work and receive social welfare anywhere within the EU, have led many citizens to call for immigration limits and quotas.
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Capabilities-based – rather than actuarial -- risk analysis would make businesses safer
Many businesses and organizations, when applying cost-benefit analysis and a risk-management analysis to measure cyber risk, are relying on the assumption that the likelihood of a future attack depends heavily on how many attacks have occurred in the past. Since there has yet to be a full-scale attack on critical infrastructure in the United States, it is simple to conclude that the risk of a cyberattack on critical infrastructure is low, therefore justifying low investment in additional security initiatives. An actuarial risk analysis may conclude that there is little likelihood of such as attack occurring, but a capabilities-based risk analysis recognizes that since adversaries are capable of such an attack, it is in an organization’s best interest to secure against it.
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W.Va. residents still wary about their drinking water
The January 2014 chemical spill in West Virginia, which contaminated the drinking water of 300,000 residents, has changed how residents use public water. Authorities claimed the water was safe for consumption on 13 January, since MCHM levels had dropped below a federal safety threshold of one part per million. Residents remain skeptical, with some collecting rain water, and other relying on clean water distributed by non-profits.
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Lead ammunition should be replaced by steel in shooting sports: experts
Researchers say that Olympic athletes specializing in shooting use one thousand cartridges per week and scatter some 1.3 tons of lead yearly, with harmful effects for surrounding animals and agricultural land. The researchers urge the International Olympic Committee and other sports organizations to replace lead ammunition with steel, which is non-toxic and contains similar technical characteristics.
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U.S. corporations aware of current, future water risks
A new survey shows that nearly 60 percent of responding companies — the majority Fortune 500 and publically traded, representing virtually every industry sector — indicated that water is poised negatively to affect business growth and profitability within five years, while more than 80 percent said it will affect their decision on where to locate facilities. This is a stark increase from only five years ago, when water issues affected business growth and profitability for less than 20 percent of responding companies.
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House mulls Syria-related sanctions on Iran
U.S. House legislators are considering new terrorism-related sanctions on Iran, targeting the country’s support for Hezbollah, after ceding to the Obama administration’s request to back off on sanctions related to Iran’s nuclear program. The House Foreign Affairs Committee hopes the move will reflect their independence from the White House and also bring more focus to the Syrian crisis.Lawmakers say the bill would reflect the most effective ways to disrupt Iran’s financial support of Hezbollah.
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More headlines
The long view
Ransomware Attacks: Death Threats, Endangered Patients and Millions of Dollars in Damages
A ransomware attack on Change Healthcare, a company that processes 15 billion health care transactions annually and deals with 1 in 3 patient records in the United States, is continuing to cause massive disruptions nearly three weeks later. The incident, which started on February 21, has been called the “most significant cyberattack on the U.S. health care system” by the American Hospital Association. It is just the latest example of an increasing trend.
Chinese Government Hackers Targeted Critics of China, U.S. Businesses and Politicians
An indictment was unsealed Monday charging seven nationals of the People’s Republic of China (PRC) with conspiracy to commit computer intrusions and conspiracy to commit wire fraud for their involvement in a PRC-based hacking group that spent approximately 14 years targeting U.S. and foreign critics, businesses, and political officials in furtherance of the PRC’s economic espionage and foreign intelligence objectives.
European Arms Imports Nearly Double, U.S. and French Exports Rise, and Russian Exports Fall Sharply
States in Europe almost doubled their imports of major arms (+94 per cent) between 2014–18 and 2019–23. The United States increased its arms exports by 17 per cent between 2014–18 and 2019–23, while Russia’s arms exports halved. Russia was for the first time the third largest arms exporter, falling just behind France.
LNG Exports Have Had No Impact on Domestic Energy Costs: Analysis
U.S. liquified natural gas (LNG) exports have not had any sustained and significant direct impact on U.S. natural gas prices and have, in fact, spurred production and productivity gains, which contribute to downward pressure on domestic prices.