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Japanese discovery could undermine China's rare earth dominance
A new discovery by Japanese researchers could break China’s stranglehold over rare Earth metals; Japanese geologists say they have found large deposits of rare Earth minerals on the floor of the Pacific Ocean; it is estimated that the mud of the Pacific Ocean contains 100 billion tons of these minerals
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Disasters hit businesses hard, keeping many permanently closed
Business owners across the United States are being urged to create emergency plans, so that they can continue operating in the wake of a natural disaster; according to the Insurance Institute for Business and Home Safety, 25 percent of businesses hit by a natural disaster are unable to continue functioning
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Apple latest victim of Anonymous cyberattacks
Apple appears to be the latest victim of the mysterious group of international hackers known as Anonymous; the data breach appears to be relatively minor as the hackers only infiltrated a survey used to process technical support follow-up surveys and obtained twenty-seven internal Apple user names and passwords
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Cook County, Illinois cancels troubled security camera program
Contrary to the latest trends, Cook County, Illinois is scrapping a project to equip police departments with real time streaming cameras; Cook County canceled Project Shield, a $44 million federally funded initiative to provide 128 local police departments with cameras in squad cars and stationary locations that streamed live video to central command centers; the program has been plagued by technical problems, cost overruns, and shoddy performance
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New Android facial biometric app available
A new app for Android smartphones allows users to secure their phones using facial biometrics; the Visidon Applock application, which is currently available for free, locks a user’s apps until their identity is verified using facial biometrics
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Biometrics for mobile phone market to grow 500 percent by 2015
A recently released report projects that the market for biometric security devices on mobile phones will reach $161 million by 2015, an increase of $30 million; the analysis found that embedded fingerprint sensors in mobile phones will primarily drive growth in this market as more firms seek additional security measures for mobile phones; voice biometrics is also expected to be another large driver of growth
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New airport scanner can detect liquid explosives
Passengers boarding airplanes could soon be walking through security checkpoints carrying liquids once more thanks to a high tech scanner capable of detecting liquid explosives; the device, developed by U.K. based Kromek, is capable of identifying dangerous liquids within seconds and does not require the container to be opened
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Senate committee passes chemical security bill
This week, the Senate Committee on Homeland Security and Governmental Affairs voted 8-2 for Senator Susan Collins’s bill (S. 473) to renew the Chemical Facility Anti-Terrorism Standards (CFATS), which is designed to regulate the chemical industry to ensure that they are keeping their facilities safe from terrorist attack; a similar bill has already been approved by a House committee; so far DHS has reviewed 39,000 chemical facilities in the United States and has determined that more than 4,755 are high risk and need to develop detailed security plans
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Sharp divisions over chemical plant security measure
Those who opposed the original Chemical Facility Anti-Terrorism Standards (CFATS) continue to oppose it — and for the very same reasons: they argue it does not go far enough to assure the security of chemical plants in the United States; they point out the versions of the bill approved by House and Senate committees prevent DHS from requiring specific security measures; fail to require safer and more secure chemical processes; exempts thousands of potentially high risk chemical and port facilities, including approximately 2,400 water treatment facilities and 400-600 port facilities, including 125 of 150 U.S. refineries; and prevents plant employees from participating in assessing vulnerabilities and developing security plans
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Universal Detection to supply Singapore with biological detectors
Universal Detection Technology announced that earlier this week it had won a tender to supply Singapore’s Civil Defense Force with biological weapon detection equipment; under the deal Universal Detection, a developer of early-warning monitoring technologies, will provide equipment capable of detecting biological agents like Anthrax, Ricin, Botulinum, Plague, and Tularemia
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Cybercrime statistics wildly inaccurate, says researcher
A cybersecurity researcher is questioning the various statistics that government officials and IT companies use as evidence of the rampant and deleterious effects of hackers; Cormac Herley, a principal researcher at Microsoft Research, argues that the existing data on the estimated losses from cyberattacks is wildly inaccurate to the point that analysts have no idea what the problem’s economic impacts are; one expert, noting that estimates of the annual cost of cybercrime range from $560 million to $100 billion to $1 trillion, asks: “How can this be? How can you have estimates of the same problem ranging across three orders of magnitude?”
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SIGA wins $433 million contract to boost nation's smallpox defense
SIGA Technologies has won the latest round of its ongoing battle with Chimerix Inc. to supply government health officials with 1.7 million smallpox antiviral courses; on Monday, SIGA announced that Chimerix had withdrawn its protest over SIGA’s winning contract to supply the Biomedical Advanced Research and Development Authority (BARDA) with 1.7 million courses of ST-246, a smallpox antiviral, to boost the nation’s stockpiles
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Cyberattacks spark cyber insurance boom
The recent spate of high profile cyberattacks on major corporations has sparked a rush for cyber security insurance; with companies and even local governments seeking financial protection from costly cyberattacks, insurance companies and analysts say demand has increased dramatically of late; some large companies have even taken out insurance policies worth as much as $200 million; local governments like Flathead County, Montana have also purchased cyber insurance
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Study finds nearly 90 percent of businesses victim of cyber attacks
A recent survey of information technology (IT) security professionals reveals that cyberattacks are on the rise and businesses have had difficulty defending their networks; 84 percent admitted to having been the victim of a cyber attack; these attacks have been costly causing a majority of companies an estimated $500,000 or more in lost revenues, cash outlays, business disruptions, and other expenses
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High tech more effective than tax climate in driving states' economic growth
Race-to-the-top policies are generally defined as those involving investments in education, entrepreneurship, and infrastructure; race-to-the-bottom policies involve competition among the states for jobs by using lower taxes and industrial recruitment incentives; researchers find that states with more technology classes in school, higher domain name registrations, and more people online tended to economically outperform states with a lower emphasis on technology
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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.”