Business

  • Colorado recovering as it marks one year anniversary of devastating flood

    On 29 September 2013 Colorado experienced the most severe natural disaster that had ever befallen the state. Within three days much of the state had experienced a rainfall equivalent to its total for the entire year. In the end, nine people died, nearly 1,000 were evacuated by helicopter, and 1,800 homes were destroyed. The total cost of the damage reached $2.9 billion. Now, a year later, Colorado is finally coming back.

  • Moving cybersecurity technologies from the lab to the real world more expeditiously

    Through the Department of Homeland Security’s Transition to Practice (TTP) program, cybersecurity technologies developed at Sandia National Laboratories — and at other federal labs — now stand a better chance of finding their way into the real world. The TTP program, spearheaded by DHS Science and Technology Directorate (S&T), helps move federally funded cybersecurity technologies into broader use. Getting research discoveries and new technologies over the so-called “valley of death” — the gap between early, promising research on one side and technology that’s in use on the other — is a pressing need in the national lab community.

  • Day of commercially available quantum encryption nears

    If implemented on a wide scale, quantum key distribution technology could ensure truly secure commerce, banking, communications, and data transfer. Los Alamos National Laboratory signs the largest information technology agreement in the lab’s history which aims to bring quantum encryption to the marketplace after nearly twenty years of development at the national-security science laboratory.

  • Start-ups offer apps which help people cope with disasters

    Open data policies which allow government agencies to share public information with citizens and the private sector have made California welcoming to startups dedicated to helping communities recover following a disaster.For example: Appallicious offers an app which allows subscribed cities and towns to select from hundreds of data sets, then share with the public, information on evacuation routes, current hazards, and location of critical resources.BlueLine Grid allows public employees from different agencies to communicate with each other during a crisis.SeeClickFix is connecting residents to their local government.

  • Johnson & Johnson accelerates Ebola vaccine program

    Johnson & Johnson last week announced it will fast-track the development of a promising new combination vaccine regimen against Ebola and collaborate with its partners to address the current Ebola outbreak. The accelerated vaccine program features a prime-boost regimen, in which one vector is used to prime and the other to boost the immune response. It consists of two vaccine components that are based on AdVac technology from Crucell N.V.(part of the Janssen pharmaceutical companies of Johnson & Johnson, based in the Netherlands) and the MVA-BN technology from Bavarian Nordic (a biotech company, based in Denmark).

  • Retailers spend less on cybersecurity than other industries, and it shows

    Cybersecurity analysts say that retailers are spending less on cybersecuirty measures than banks and healthcare providers. Retailers spend 4 percent of their IT budgets on cybersecuirty, while financial services and healthcare providers spend 5.5 percent and 5.6 percent, respectively. On cybersecurity spending per employee, the banking and finance industries spend roughly $2,500 per employee, while retailers invest about $400 per employee. On Tuesday, Home Depot became the latest retailer to investigate a potential major breach of customer credit or debit card data.

  • Virginia welcomes cybersecurity start-ups to a state-backed business accelerator

    Earlier this week, MACH37, a business accelerator for cybersecurity start-ups in Virginia, welcomed a new group of companies one year after it was launched to help establish the state as a hub for cybersecurity firms. The three-month program, funded with state money, offers a $50,000 investment and access to a network of mentors to companies that can turn their ideas into viable businesses.

  • HHS awards $24.9 million contract to accelerate development of Ebola drug

    The development of a medication to treat illness from Ebola will be accelerated under a contract with the U.S. Department of Health and Human Services’ Office of the Assistant Secretary for Preparedness and Response (ASPR). HHS says that this contract supports the government-wide response to the Ebola outbreak in West Africa. The $24.9 million, 18-month contract with Mapp Biopharmaceutical Inc., of San Diego, California, may be extended up to a total of $42.3 million. HHS notes that it is seeking additional proposals for the advanced development of antibody treatments, antiviral drugs, and vaccines against the Ebola and Marburg viruses.

  • New Orleans creates economic value out of environmental vulnerability

    Following the devastation of Hurricane Katrina in 2005, New Orleans and the state of Louisiana have become so adept at dealing with disaster reconstruction, that their new-found skills are now seen as an economic asset to be shared, for profit, with other states and localities. The area’s new environmental awareness is also a source of economic growth, as analysts now consider “emerging environmental” as one of six key industries in the city and state to focus on development, along with coastal restoration and water management, disaster mitigation and management, hazardous waste disposal, advanced bio fuels and waste water treatment.

  • Growing cyberthreats lead to growing interest in cybersecurity insurance

    The increasing sophistication and scope of cyberattacks on businesses – and the increasing damage such attacks are causing – have led to growing interest in cybersecurity insurance. The industry is urging the government to treat cyberattacks as acts of terrorism which should be covered under the Terrorism Risk Insurance Act(TRIA), while also looking into how the Stafford Actcould help companies after a cyberterror attack. At the same time, more private insurers are offering limited cyber-coverage, but many say they would discontinue selling cyber policies if TRIA is not renewed. As the term “cyber-coverage” continues to be defined by large insurers, the insurance product lines continue to change.

  • Who is to blame when iCloud is "hacked" – you or Apple?

    A hacker’s release of personal photos of actress Jennifer Lawrence and other female celebrities on the Internet on the weekend has again drawn our attention to the security of our personal information online. Apple may wish to absolve itself of responsibility when individuals lose control of their personal data, yet understanding the control of data as a personal matter disregards how iCloud and similar services actually operate. If Apple and other cloud-based services want our trust, then they have to acknowledge the role their products play in perpetuating anxieties of data-out-of-control.

  • Atlanta’s rapid transit deploys AI video analytics to bolster public safety

    The Metropolitan Atlanta Rapid Transit Authority (MARTA) is deploying Behavioral Recognition Systems’ AISight, an artificial intelligence-based analytics solution that teaches itself to recognize and alert on unexpected patterns within massive volumes of data.

  • NIH launching human safety study of Ebola vaccine candidate

    The National Institute of Allergy and Infectious Diseases (NIAID), part of the National Institutes of Health (NIH), will this week begin initial human testing of an investigational vaccine to prevent Ebola virus disease. The early-stage trial will begin initial human testing of a vaccine co-developed by NIAID and GlaxoSmithKline (GSK) and will evaluate the experimental vaccine’s safety and ability to generate an immune system response in healthy adults. The study is the first of several Phase 1 clinical trials that will examine the investigational NIAID/GSK Ebola vaccine and an experimental Ebola vaccine developed by the Public Health Agency of Canada and licensed to NewLink Genetics Corp.

  • Deterring cyberattacks requires building a public-private partnership

    Cyberattacks loom as an increasingly dire threat to privacy, national security, and the global economy, and the best way to blunt their impact may be a public-private partnership between government and business, researchers say. The time to act is now, however, rather than in the wake of a crisis, says an expert in law and technology. The expert says that an information-sharing framework is necessary to combat cybersecurity threats.

  • Epidemic ethics: four lessons from the current Ebola outbreak

    The extent of the current Ebola virus outbreak in West Africa has belatedly focused the attention of non-governmental organizations, local and Western governments, and international media. What we haven’t caught up with though, is the extent to which these outbreaks and their devastating effects are predictable and preventable. The spread of Ebola virus occurs because health infrastructure in the region is fragmented, under-resourced, or non-existent. And the therapeutic response to the illness is constrained by failure of markets to drive drug and vaccine development that would help the world’s poorest people.