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Helping banking industry address climate-related risks, opportunities
Sixteen leading banks from four continents, convened by the UN Environment Finance Initiative (UNEP FI), have published a jointly developed methodology to increase banks’ understanding of how climate change and climate action could impact their business.
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Your genome may have already been hacked
On 25 April, California law enforcement announced the possible capture of a long-sought serial killer. Shortly after, it was reported that police had used public DNA databases to determine his identity. This extraordinary event highlights that when you send off a cheek swab to one of the private genome companies, you may sacrifice not just your own privacy but that of your family and your ancestors. In a time of widespread anxiety over the misuse of social media, Americans should also be concerned over who has access to their genetic information.
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Federal IT, communications technology supply chain vulnerable to Chinese sabotage, espionage
A new report examines vulnerabilities in the U.S. government information and communications technology (ICT) supply chains posed by China. The report issues a warning about the extent to which China has penetrated the technology supply chain, and calls on the U.S. government and industry to develop a comprehensive strategy for securing their technology and products from foreign sabotage and espionage.
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Bitcoin more vulnerable to attack than expected
Calculations by researchers show that Bitcoin is more vulnerable to attack than people had always assumed. If some Bitcoin users were to form a group that controls 20 percent of the currency’s computing power, they could launch an attack and, within a few days, force all other users to accept a new standard for Bitcoin.
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How cybercriminal spend their illicit gains
A new study, drawing on first hand interviews with convicted cybercriminals, data from international law enforcement agencies, financial institutions, and covert observations conducted across the Dark Web, reveals the socio-economic and spending differences among cybercriminals. Annual earning level of successful cybercriminals push them into some of the higher income brackets.
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Tracking illicit Russian financial flows
Trillions of dollars in capital flows into the United States annually, and trillions of dollars in payments are cleared through New York daily. No one knows exactly whom the funds belong to, where they are held, or how they are deployed. No one knows because the U.S. government does not track the money — but it could if it wanted to. What is known is that Russia, other countries of the Commonwealth of Independent States, and China are the primary drivers of non-transparent capital flows worldwide.
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Webhose takes aim at the Dark Web
Fans of the popular TV show “Mr. Robot,” which dives deep into the world of shady hackers and the Dark Web that lurks beyond its better-known counterpart, take note: An Israeli startup is serving notice that the hidden is now visible and even your bitcoins won’t shield you from the long arm of the law.
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Activists cry foul as Russian court orders Telegram app blocked
A Moscow court has issued an order to block access to Telegram, ruling in favor of the state and against the defiant self-exiled Russian entrepreneur who created the popular messaging app. The 13 April ruling was expected, but is certain to deepen concerns that the government is seeking to close avenues for dissent as President Vladimir Putin heads into a new six-year term. Amnesty International warned that blocking Telegram would be “the latest in a series of attacks on online freedom of expression” in Russia.
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First annual Electronics Resurgence Initiative summit announced
The microelectronics community is facing an array of long foreseen obstacles to Moore’s Law, the transistor scaling that has allowed for fifty years of rapid progress in electronics. Current economic, geopolitical, and physics-based complications make the future of the electronics industry uniquely interesting at this moment. The U.S. electronics community will convene in late July to inaugurate a five-year, $1.5B effort to create transformative advances in electronics.
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Russian court to hear request to block Telegram
A Russian court says it will begin considering this week a request by state media regulator Roskomnadzor to block the messaging app Telegram. Roskomnadzor has asked the court to block Telegram following the company’s refusal to give the Federal Security Service (FSB) access to users’ messaging data.
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DHS S&T to demonstrate cyber technologies at RSA
DHS S&T will exhibit and demonstrate thirteen mature cybersecurity technology solutions that are ready for pilot deployment and commercialization at the RSA 2018 cybersecurity conference, 16-19 April, in San Francisco.
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Carbon taxes could make significant dent in climate change, study finds
Putting a price on carbon, in the form of a fee or tax on the use of fossil fuels, coupled with returning the generated revenue to the public in one form or another, can be an effective way to curb emissions of greenhouse gases. That’s one of the conclusions of an extensive analysis of several versions of such proposals, carried out by researchers at MIT and the National Renewable Energy Laboratory (NREL).
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Ruble falls further, Russian officials seek to calm nerves
The Russian ruble is falling for a second straight day following the imposition of new U.S. sanctions, while the Central Bank chief and other officials are seeking to calm investors in the wake of a big sell-off in shares of Russian companies a day earlier.
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The oligarch designations: Assets in the West are on the table
The 6 April decision to freeze the assets of seven Russian oligarchs on 6 April raises the stakes of the Russia sanctions program, as it targets individuals and their companies who hold large investments in the West and who have important relationships with Western businesses and financial institutions — and who are in Vladimir Putin’s inner circle.
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New approaches are needed to protect consumer data
Facebook’s current privacy crisis and questions about how Google gathers, uses and stores our personal information demonstrate an urgent need to review and replace inadequate and outdated ways to regulate data and information, according to a business law expert.
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More headlines
The long view
Economic Cyberespionage: A Persistent and Invisible Threat
By Gatra Priyandita and Bart Hogeveen
Economic cyber-espionage, state-sponsored theft of sensitive business information via cyber means for commercial gain, is an invisible yet persistent threat to national economies.
Nuclear Has Changed. Will the U.S. Change with It?
By Christina Pazzanese
Fueled by artificial intelligence, cloud service providers, and ambitious new climate regulations, U.S. demand for carbon-free electricity is on the rise. In response, analysts and lawmakers are taking a fresh look at a controversial energy source: nuclear power.
Calls Grow for U.S. to Counter Chinese Control, Influence in Western Ports
By Bing X
Experts say Washington should consider buying back some ports, offer incentives to allies to decouple from China.
Exploring the New Nuclear Energy Landscape
By Josh Blatt
In the last few years, the U.S. has seen a resurgence of interest in nuclear energy and its potential for helping meet the nation’s growing demands for clean electricity and energy security. Meanwhile, nuclear energy technologies themselves have advanced, opening up new possibilities for their use.