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Mission Secure closes round of seed financing to commercialize cybersecurity technology
Charlottesville, Virginia-based Mission Secure Inc. (MSi), a cyberdefense technology and solutions provider focusing on protecting physical systems and autonomous vehicles, last week announced it had recently closed its seed financing round led by Ballast Fund investors, a private equity firm and several high net worth angel investors.
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FBI: Lawmakers should mandate surveillance “backdoors” in apps, operating systems
FBI director James Comey said that the agency was pushing lawmakers to mandate surveillance functions in apps, operating systems, and networks, arguing that privacy and encryption prevent or disrupt some of the agency’s investigations. According to Comey, new privacy features implemented by Google and Apple in the wake of the Snowden revelations, automatically encrypt user communication and data, making it difficult for law enforcement to gather evidence and connect links among suspected criminals and terrorists.
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Russian government hackers insert malware in U.S. critical infrastructure control software
Investigators have uncovered a Trojan Horse named BlackEnergy in the software that runs much of the U.S. critical infrastructure. In a worst case scenario, the malware could shut down oil and gas pipelines, power transmission grids, water distribution and filtration systems, and wind turbines, causing an economic catastrophe. Some industry insiders learned of the intrusion last week via a DHS alert bulletin issued by the agency’s Industrial Control Systems Cyber Emergency Response Team(ICS-CERT). The BlackEnergy penetration had recently been detected by several companies. Experts say Russia has placed the malware in key U.S. systems as a threat or a deterrent to a U.S. cyberattack on Russian systems – mutual assured destruction from a cold war-era playbook.
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Quick Halal test device determines whether food contains pork
There are more than a billion Muslims on Earth, and many of them observe the Halal strictures, making the Halal segment of the food market a multi-billion dollar segment – worth $6.8 billion in France alone. A French start-up is now offering Muslims – and observant Jews, for that matter – a portable device which would allow them to find out whether a dish they have ordered or the food product they have bought contains pork.
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As drought continues, more Californians turn to greywater
California’s rainy season tends to run from October to late March, but for the third year in a row rain has been relatively absent, meaning that the state is currently suffering from a severe, unprecedented drought. With increasing water rates, a growing number of homeowners in Southern California are relying on greywater systems to support their landscapes and toilet flushing. “If the drought continues, honestly, I could see all new construction will have greywater systems of some kind because it really doesn’t make sense to put usable water in the sewer system,” says one expert.
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Banks collaborate to thwart cybercrime
The Financial Services Information Sharing and Analysis Center (FS-ISAC), a cybersecurity information sharing group, has teamed up with the Depository Trust & Clearing Corporation to form Soltra. Named after a series of fire signals that were used in Europe hundreds of years ago to warn against invaders, the organization alerts member banks of incoming or potential cyber threats.
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Head of U.K. surveillance agency: U.S. tech companies have become terrorists' “networks of choice”
The new director of Government Communications Headquarters (GCHQ), the U.K. intelligence organization responsible for providing signals intelligence (SIGINT) and information assurance to the British government and armed forces, said that privacy has never been “an absolute right.” Robert Hannigan used his first public intervention since becoming head of Britain’s surveillance agency to charge U.S. technology companies of becoming “the command and control networks of choice” for terrorists.
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Lights out: Experts say instability of world’s power supplies must be urgently addressed
A new study reveals the urgent need to address instabilities in the supply of electrical power to counteract an increase in the frequency and severity of urban blackouts. The work builds on previous studies which examined a sharp increase in electrical usage over recent years, and warned the world to prepare for the prospect of coping without electricity as instances of complete power failure become increasingly common.
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Resting place of 2 million barrels of oil missing from Deepwater Horizon accident found
Where is the remaining oil from the 2010 Deepwater Horizon disaster in the Gulf of Mexico? The location of two million barrels of oil thought to be trapped in the deep ocean has remained a mystery. Until now. Scientists have discovered the path the oil and followed it to its resting place on the Gulf of Mexico sea floor. By analyzing data from more than 3,000 samples collected at 534 locations over twelve expeditions, the researchers identified a 1,250-square-mile patch of the sea floor on which four to 31 percent of the oil trapped in the deep ocean was deposited. This is the equivalent of 2 to 16 percent of the total oil discharged during the accident.
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Insurance companies now write Ebola exclusions into policies; offer Ebola-related products
U.S. and British insurance companies have begun to write Ebola exclusions into their policies for hospitals, event organizers, airliners, and other businesses vulnerable to disruption from the disease. As a result, new policies and renewals will become more expensive for firms looking to insure business travel to West Africa or to cover the risk of losses from Ebola-driven business interruptions (BI).The cost of insuring an event against Ebola, for example, would likely be triple the amount of normal cancellation insurance — if the venue was in a region not known to be affected by the virus.
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Napa Valley residents debate necessity of earthquake insurance
Many residents of the Napa Valley in California are weighing the benefits and costs of earthquake insurance in the wake of the 24 August quake, which heavily damaged many homes and businesses in the region. The high premiums of earthquake insurance are deterring many home and business owners, despite the real threat of intensive damage.Only 6 percent of Napa Valley residents had earthquake insurance, andonly 9 percent of California businesses have coverage.
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U.S insurance sector showing “profound lack of preparedness in addressing climate-related risks”: Report
Amid growing evidence that climate change is having wide-ranging global impacts which will worsen in the years ahead, a new report ranks the nation’s 330 largest insurance companies on what they are saying and doing to respond to escalating climate risks. The report found strong leadership among fewer than a dozen companies but generally poor responses among the vast majority. “Despite being on the ‘front line’ of climate risks, most of the company responses show a profound lack of preparedness in addressing climate-related risks and opportunities,” says the president of the organization sponsoring the report.
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FBI wants Congress to mandate backdoors in tech devices to facilitate surveillance
In response to announcements by Appleand Googlethat they would make the data customers store on their smartphones and computers more secure and safer from hacking by law enforcement, spies, and identity thieves, FBI director James Comey is asking Congress to order tech companies to build their devices with “backdoors,” making them more accessible to law enforcement agencies.Privacy advocates predict that few in Congress will support Comey’s quest for greater surveillance powers.
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Public safety network failed to involve important constituencies in development phase
On 22 February 2012, Congress passed the legislation to create the First Responder Network Authority (FirstNet), an agency tasked with creating a nationwide wireless broadband network for public safety and emergency response officials. Currently, the nation’s 5.4 million first responders rely on commercial carriers to communicate and share critical information during emergencies. Analysts say that a failure to incorporate the public safety sector into the development phase of FirstNet set the new agency on a wrong path in its early days.
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Social media firms pledging to keep users anonymous still collect users’ information
Social media firm Whisperprides itself on offering anonymity in a market where the biggest players are often considered too transparent. Its co-founder, Michael Heyward, a tech entrepreneur, describes the company as “the first completely anonymous social network,” an alternative to Facebookand Twitter. It now emerges that Whisper’s back-end systems that retain digital libraries of texts and photographs sent by users, and in some cases the location information of users.
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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.”