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Troubled flood insurance program traps homeowners in flood-prone areas
The U.S. flood insurance program has repeatedly rebuilt some of the most flood-prone properties in the country, unintentionally setting a trap for owners of modest homes who would prefer to move out of harm’s way, according to a new national report. Today it is thousands of properties, but climate change and rising sea levels threaten to flood millions of properties in the coming decades. For every $100 the nation spends to rebuild homes with national flood insurance funds, FEMA spends just $1.72 to better protect people by moving them to safer, less flood-prone land.
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Minority Report? Wisc. company replaces ID cards, badges with microchips implants
River Falls, Wisconsin-based technology company Three Square Market has become one of the first in the world to implant microchips in staff so they can clock-in or enter secure areas by waving their arm instead of using swipe cards or ID badges. The implanted microchip would also allow employees to order food at the cafeteria and open the parking garage doors. They can also log in to their computer without a password.
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Petya variant hobbles European businesses
In the wake of May’s WannaCry attack, which affected more than 230,000 computers in over 150 countries, a fast-moving malware malware outbreak was reported 27 June at targets in Spain, France, Ukraine, Russia, and other countries. The attack infected large banks, law firms, shipping companies, and even the Chernobyl nuclear facility in the Ukraine. The new malware is thought to be a variant of Petya, a wiper malware designed to destroy systems and data with no hope of recovery.
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Three advanced first-response technologies funded
The Israel-U.S. Binational Industrial Research and Development (BIRD) Foundation awarded funding to three homeland security projects, selected by DHS and MOPS, between U.S. and Israeli companies to advance technologies for first responders. In addition to the grants from BIRD, the projects will access private sector funding, boosting the total value of the three projects to approximately $7 million. The program funds technology collaborations between U.S. and Israeli partners that have significant commercial potential to meet the most pressing requirements of first responders.
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Strategic threat: Russia’s use of the “energy weapon” against Western Europe
In 2016, Russian gas imports equaled 23 percent of total U.K. gas demand, 25 percent in France, 40 percent in Italy, 55 percent in Denmark, 58 percent in the Czech Republic, 62 percent in Germany and Hungary, 64 percent in Poland, 70 percent in Austria, and 84 percent in Slovakia. Although it has not been widely successful to date in the former Soviet zone, Russia’s use of the “energy weapon” against Western European countries in various forms still constitutes a strategic threat that warrants close attention from policymakers, experts say.
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Why has healthcare become such a target for cyber-attackers?
More than 16m patient records were stolen from healthcare organizations in the United States and related parties in 2016. That year, healthcare was the fifth most targeted industry when it came to cyber-attacks. And earlier this year, Britain’s National Health Service was crippled by a ransomware attack that locked up the computers holding many of its records and booking systems. As connected technology becomes even more embedded in healthcare, this cyber-threat is only likely to grow. But if we want to protect our health from cyber-attacks, we shouldn’t fear technology. Instead, we need to understand it better and realize that the threat becomes much worse when people make simple mistakes.
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Dust Bowl redux: Increase in dust storms in the U.S.
Could the storms that once engulfed the Great Plains in clouds of black dust in the 1930s once again wreak havoc in the United States? A new statistical model developed by researchers predicts that climate change will amplify dust activity in parts of the United States in the latter half of the 21st century, which may lead to the increased frequency of spectacular dust storms that have far-reaching impacts on public health and infrastructure.
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Cyberattack could cost $120 billion: Lloyd’s
Insurance giant Lloyd’s of London has warned that the cost of a serious cyberattack to the global economy could reach $120 billion or more – which was the cost of damage inflicted by Hurricanes Katrina or Sandy. insurance firm says the threat posed by global cyberattacks has spiraled, and that it poses a huge risk over the next decade to business and governments everywhere. Trevor Maynard, Lloyd’s head of innovation and co-author of the report, said that where people are involved, risk changes quite rapidly — from cyberattacks to terrorism and political risk – but that from year to year, such risks vary relatively little. “But climate change in the end will be far larger as a risk,” he said, and it remains the biggest challenge in the long run.
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App ensures safe surfing on public Wi-Fi hotspots
You always need to assume someone’s looking over your shoulder when you’re using public Wi-Fi: a hacker, or the government, or a plain old snoop. New app — SaferVPN — automatically turns on as soon as your device connects to unsecured networks, an begins to direct data through an encrypted “tunnel.”
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Russian hackers likely behind cyberattacks on U.S. nuclear operators: Experts
Russian government hackers are suspected to be behind a series of cyberattacks on U.S. nuclear operators. The attacks were similar to recent Russian attacks on Ukraine’s power infrastructure. Experts say that rhe attacks in Ukraine and the United States show that Russian hackers appear to be testing increasingly advanced tools to disrupt power supplies. “If you think about a typical war, some of the acts that have been taken against critical infrastructure in Ukraine and even in the U.S., those would be considered crossing red lines,” says one security expert.
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How to save the U.S. nuclear industry
From Diablo Canyon on the central California coast to Turkey Point on the southeast tip of Florida, the United States is home to 99 nuclear power reactors at 62 nuclear plants generating roughly 20 percent of the nation’s electrical energy. But in an industry beset by disruptive technologies and intense competitive pressures, the future of nuclear energy in the U.S. is anything but certain. Economic pressures are taking their toll. Five nuclear plants have shut down nationwide since 2013, and 19 reactors are currently undergoing decommissioning.
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Israel to buy urban warfare drones meant to minimize casualties
The Israeli military is purchasing an unspecified number of small, multi-rotor drones that can be armed and have sufficient mobility to perform well in urban combat situations. The TIKAD drone is made by Duke Robotics, a Florida-based company that was co-founded by Lt. Col. Raziel “Razi” Atuar, a 20-year IDF veteran.
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Quantum technology holds promise of a future without fakes
Counterfeit products are a huge problem - from medicines to car parts, fake technology costs lives. Every year, imports of counterfeited and pirated goods around the world cost nearly $0.5 trillion in lost revenue. Counterfeit medicines alone cost the industry over $200 billion every year. They are also dangerous to our health – around a third contain no active ingredients, resulting in a million deaths a year. Researchers exhibiting at the Royal Society Summer Science Exhibition believe we are on the verge of a future without fakes thanks to new quantum technology.
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To curb hate speech on social media, we need to look beyond Facebook, Twitter: Experts
Germany has passed a new controversial law which requires social media companies quickly to delete hate speech or face heavy fines. The debate over the new law has focused on the most common social media platforms like Facebook, Twitter, or Youtube. Experts say that placing Facebook, Twitter, and Youtube at the center of the debate over hate speech on social media websites is understandable, but it could undermine monitoring less widely known social media players. Some of these smaller players may present more problematic hate speech issues than their bigger rivals.
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Encryption system hides your travel data from Uber
The apps created by Uber and its competitors put peers in touch with each other when one of them is looking for a ride. But the online platforms these companies have developed also collect users’ personal data – from passengers and drivers alike. Multiplied by millions of users each day, that comes out to be a goldmine of information, especially in the era of Big Data. Researchers looked at how the same level of service could be achieved without disclosing users’ personal data.
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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.