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Maryland creates fund to support cybersecurity startups
The Maryland Technology Development Corporation, (TEDCO) an independent public organization founded by the Maryland General Assemblyand funded by the state, has created a $1 million fund to invest in startups developing new cybersecurity technologies.
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Neumedicines receives $14m for acute radiation exposure countermeasures
Neumedicines receives $14 million from BARDA to support advanced development of HemaMax, including advanced GMP manufacturing activities and a Phase 2 clinical safety study in 200 healthy human volunteers. The company says its efficacy studies have shown that a single, low-dose, subcutaneous injection of HemaMax at twenty-four hours after exposure to lethal radiation increases survival by an average of more than 2-fold without any supportive care or antibiotics.
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New tool reveals which online personal data is being used by advertisers
The Web can be an opaque black box: it leverages our personal information without our knowledge or control. When, for instance, a user sees an ad about depression online, she may not realize that she is seeing it because she recently sent an e-mail about being sad. A new tool reveals which data in a Web account, such as e-mails, searches, or viewed products, are being used to target which outputs, such as ads, recommended products, or prices.
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Isolation: More countries sever trade, transportation links with Ebola-affected states
The World Health Organization (WHO) has called on governments not to impose sweeping bans on trade and travel on Ebola-affected countries. The organization’s urgent call followed the announcement by Kenya that it was joining a growing list of countries severing all trade and transportation links to the three west African countries most affected by Ebola – Guinea, Liberia, and Sierra Leone. Independently of government actions, many airlines have already stopped flying to and from the three countries. The disease has already killed at least 1,145 people in these three countries and in Nigeria.
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Energy companies slow to buy cyberdamage insurance
The U.S. oil industry will spend $1.87 billion on cybersecurity defense systems by 2018, but less than 20 percent of U.S. companies overall are covered for cyberdamages. “Imagine what could happen if a large refinery or petrochemical facility’s safety monitoring systems were hijacked near an urban area, or a subsea control module was no longer able to be controlled by the people who should be controlling it,” says one expert. “As we’ve all seen from Deepwater Horizon [the 2010 BP Gulf oil spill] those risks and damages can be astronomical. It requires an immediate response.”
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The CDC contracts Emergent BioSolutions for $18.9 million smallpox treatment
The CDC has contracted Emergent BioSolutions for the supply of Vaccinia Immune Globulin Intravenous (VIGIV) into the U.S. Strategic National Stockpile (SNS). VIGIV is a therapeutic licensed by the U.S. Food and Drug Administration (FDA) for the treatment of complications due to smallpox vaccination. The contract options are valued at $18.9 million over three years.
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Financial firms go beyond NIST's cybersecurity framework
The National Institute of Standards and Technology(NIST) released its Framework for Improving Critical Infrastructure Cybersecurityin February 2014. Utilities, banks, and other critical industries welcomed the guidelines, but many considered the framework to be a baseline for what was needed to continuously protect their networks from cyberattacks. Some financial firms have developed industry-based cyber policies through association such as the Financial Services Information Sharing and Analysis Center’s (FS-ISAC) Third Party Software Security Working Group. The group has been reviewing cyber policies since 2012, before the NIST guidelines were finalized.
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All-industry cybersecurity association needed: Experts
A new report is calling for a professional association committed to serving the cybersecurity industry. Theacknowledged the shortage of qualified cybersecurity professionals, as well as the difficulty of recruiting, training, and hiring potential candidates.Experts say that a cybersecurity association could help assess the needs of employers seeking cybersecurity professionals, establish ongoing training and development programs, and also help develop cybersecurity standards across all industries.
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Program aiming to facilitate cyberthreat information sharing is slow to take off
President Barack Obama’s 2013 executive orderto improve critical infrastructure cybersecurity allows DHS to expand an information-sharing program, once restricted to Pentagoncontractors, to sixteencritical infrastructure industries. The Enhanced Cybersecurity Servicesprogram transmits cyber threat indicators to selected companies so they may prepare their network protection systems to scan for those indicators. A DHS inspector general (IG) reportreleased on Monday has found that just about forty companies from three of the sixteen industries — energy, communications services, and defense — are part of the program. Moreover, only two ISPs are authorized to receive the indicators.
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Keith Alexander turns government experience into lucrative private sector career
Cybersecurity industry insiders are questioning the ethics behind recently retired NSA chief Keith Alexander’s decision to launch IronNet Cybersecurity, a private consultancy, equipped with patents for what he refers to as a game-changing cybersecurity model. Alexander says there is nothing out of the ordinary here. “If I retired from the Army as a brain surgeon, wouldn’t it be OK for me to go into private practice and make money doing brain surgery? I’m a cyber guy. Can’t I go to work and do cyber stuff?”
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New device sniffs out billions in U.S. currency smuggled across the border
Criminals are smuggling an estimated $30 billion in U.S. currency into Mexico each year from the United States, but help could be on the way for border guards, researchers reported. The answer to the problem: a portable device that identifies specific vapors given off by U.S. paper money.
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Utilities increasingly aware of grid vulnerability
An analysis by the federal government shows that if only nine of the country’s 55,000 electrical substations were shut down due to mechanical failure or malicious attack, the nation would experience coast-to-coast blackout. Another report finds cybersecurity as one of the top five concerns for U.S. electric utilities in 2014. The report also found that 32 percent of the surveyed electric utilities had deployed security systems with the “proper segmentation, monitoring and redundancies” needed for adequate cyber protection.
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Harris protests FBI’s Motorola radio upgrade contract
The Harris Corp. has become the second contractor, afterRELM Wireless Corp., formally to protest the FBI’s decision to award a $500 million non-bid contract to Motorola Solutions Inc., claiming the contract to upgrade the FBI’s 30-year-old two-way radio network was “factually unsound, legally unwarranted and wholly unnecessary.”
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Home Depot faces lawsuit over Joplin, Missouri tornado deaths
Home Depot is being sued in a wrongful death lawsuit by a woman who lost her husband and two children during a 2011 tornado in Joplin, Missouri. Edie Housel is contending that Home Depot is responsible for the death of her family due to the improper construction of the Home Depot store in which the three — along with five other people — were killed.
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Philadelphia refines area 911 call locator technology
In the Philadelphia area and around much of the country, emergency services and first responders are looking to retool the ways in which cell phone locator technology could allow them to aid individuals, and they are calling for the further cooperation of cell phone providers and the government alike. “If you don’t know where the guy is, you can’t help him,” said Edwin Truitt, the Delaware County [Pennsylvania] Emergency Services director.
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More headlines
The long view
Need for National Information Clearinghouse for Cybercrime Data, Categorization of Cybercrimes: Report
There is an acute need for the U.S. to address its lack of overall governance and coordination of cybercrime statistics. A new report recommends that relevant federal agencies create or designate a national information clearinghouse to draw information from multiple sources of cybercrime data and establish connections to assist in criminal investigations.
Trying to “Bring Back” Manufacturing Jobs Is a Fool’s Errand
Advocates of recent populist policies like to focus on the supposed demise of manufacturing that occurred after the 1970s, but that focus is misleading. The populists’ bleak economic narrative ignores the truth that the service sector has always been a major driver of America’s success, for decades, even more so than manufacturing. Trying to “bring back” manufacturing jobs, through harmful tariffs or other industrial policies, is destined to end badly for Americans. It makes about as much sense as trying to “bring back” all those farm jobs we had before the 1870s.
The Potential Impact of Seabed Mining on Critical Mineral Supply Chains and Global Geopolitics
The potential emergence of a seabed mining industry has important ramifications for the diversification of critical mineral supply chains, revenues for developing nations with substantial terrestrial mining sectors, and global geopolitics.
Are We Ready for a ‘DeepSeek for Bioweapons’?
Anthropic’s Claude 4 is a warning sign: AI that can help build bioweapons is coming, and could be widely available soon. Steven Adler writes that we need to be prepared for the consequences: “like a freely downloadable ‘DeepSeek for bioweapons,’ available across the internet, loadable to the computer of any amateur scientist who wishes to cause mass harm. With Anthropic’s Claude Opus 4 having finally triggered this level of safety risk, the clock is now ticking.”