Business

  • $3 million in grants for three pilot projects to improve online security, privacy

    The National Institute of Standards and Technology (NIST) the other day announced nearly $3 million in grants that will support projects for online identity protection to improve privacy, security and convenience. The three recipients of the National Strategy for Trusted Identities in Cyberspace (NSTIC) grants will pilot solutions that make it easier to use mobile devices instead of passwords for online authentication, minimize loss from fraud and improve access to state services.

  • A first: Jury finds bank guilty of financing terrorism

    In a major development on the terrorism financing front, a U.S. jury found Arab Bank Plc liable for providing material support to Hamas and ordered the bank to compensate nearly 300 Americans who are either victims or relatives of victims of at least two dozen attacks tied to Hamas in Israel and the Palestinian territories.

  • Reduce river pollution through water-quality trading

    Allowing polluters to buy, sell, or trade water-quality credits could significantly reduce pollution in river basins and estuaries faster and at lower cost than requiring the facilities to meet compliance costs on their own, a new study finds. The scale and type of the trading programs, though critical, may matter less than just getting them started.

  • Ten years after Hurricane Ivan, Alabama communities are better prepared

    Since Hurricane Ivan struck Baldwin County, Alabama and neighboring communities ten years ago, building officials have adopted better resilience protocols to protect human life and property from future storms. Ivan, which left an estimated $14.2 billion in damages throughout the Gulf Coast, is considered the worst storm to hit Alabama in twenty-five years, and the seventh most costly hurricane ever to affect the United States.

  • West Virginia mulls releasing crude oil shipment information to the public

    In May 2014, the U.S. Department of Transportation(DOT) ordered railroads operating trains carrying more than one million gallons of Bakken crude oil to notify state emergency officials in states through which oil-carrying trains travel of the expected movement of such trains. The order came to allow first responders to be better prepared should an accident occur. CSX Corporation agreed to share shipping information with West Virginia officials, but refused to release the information to the public citing concerns about terrorism. DOT made it clear that citing terrorism concerns does not exempt crude oil shipment information from being released to the public.

  • $5 million for new cybersecurity building at Ben-Gurion University of the Negev

    Ben-Gurion University of the Negev (BGU) is a central component of the new “CyberSpark” initiative, a multi-component cyber eco-system. It is the only complex of its type in the world which is a government-academic-industry partnership and includes Fortune 500 companies and cyber-incubators, academic researchers and educational facilities, as well as national government and security agencies. A $5 million contribution will underwrite construction of the building that will house the Cyber Security Institute.

  • 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.