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Qaeda's new tactics: heavy economic damage, low-cost operations
In a detailed account of its failed parcel bomb plot three weeks ago, al Qaeda’s branch in Yemen said late Saturday that the operation cost only $4,200 to mount, was intended to disrupt global air cargo systems and reflected a new strategy of low-cost attacks designed to inflict broad economic damage; the organization said the fear, disruption, and added security costs caused by the packages made what it called Operation Hemorrhage a success
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Rare Earth elements in U.S. not so rare: report
Approximately 13 million metric tons of rare Earth elements exist within known deposits in the United States, according to the first-ever nationwide estimate of these elements by the U.S. Geological Survey; despite their name, these elements are relatively common within the Earth’s crust, but because of their geochemical properties, they are not often found in economically exploitable concentrations
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New anti-cybercrime software emulates DNA matching process
The biologically inspired software digitally mimics the DNA matching process used in the real world. The software tracks the sequence of events that follow a hacker’s first access request into a secure network system and creates a “digital fingerprint”
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Boycott damages Arizona convention business
A new study shows that the state of Arizona has lost about $140 million in lost meeting and convention business in the wake of a controversial immigration law; the hotel industry losses during the first four months after the signing were about $45 million; visitors would have spent an additional $96 million during their stays; lost bookings will probably continue for more than a year, multiplying the effect of a boycott called by immigrant-rights activists after Republican governor Jan Brewer signed the state’s new law in April
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Experts: rare Earths elements headed for 2011 supply crunch
The prices of rare-Earth elements remained static for decades due to plentiful supplies, lulling the high-tech industry into a false sense of security; this is no longer going to be the case, with a 300 percent spike in prices over the past year alone; with China currently producing 95 percent of the world’s supply. Japan, the United States, and other top consumers, however, are scrambling to find new sources
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Militants kidnap 7 from Nigerian Exxon platform
After the 9/11 attacks, Bin Laden boasted that he used an operation which cost al Qaeda $500,000 to finance to inflict a $500 billion damage on the U.S. economy; this was not a mere boast: experts say it was an indication that econo-jihad was an integral part of al Qaeda’s strategy to weaken and defeat the West; the recent BP disaster offered an example of one tactics terrorists may pursue in order to inflict serious economic and environmental damage on the United States and other countries: attack off-shore oil rigs: these rigs are utterly vulnerable to attack, and the damage such an attack can do is considerable; in Nigeria, a militant organization is already attacking oil rigs — if, for now, only to kidnap rig workers in order to blackmail their employers for money and political concessions; the ease with which such attacks are carried out should give all of us a pause
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The U.S. rare-Earth industry can rebound -- over time
Rare-Earth elements are not that rare; the U.S. has plenty of the metals that are critical to many green-energy technologies, but engineering and R&D expertise have moved overseas; responding to China’s near monopoly, companies in the United States and Australia are ramping up production at two rich sites for rare earths, but the process will take years
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New biometric system harder to fool than other approaches
Each of us has a unique pattern of eye movements; an Israeli company developed a new biometric security system which exploits this for a simple, hard-to-fool approach; the system tracks the way a person’s eye moves as he watches an icon roam around a computer screen; the way the icon moves can be different every time, but the user’s eye movements include “kinetic features” — slight variations in trajectory — which are unique, making it possible to identify him
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U.S. Internet hosts are essential for criminal botnets
Cybercrime is often associated with Russia and China, and rightly so — but many of the servers vital to their activities are located elsewhere; facilities provided by Internet companies in the United States and Europe are crucial to these criminal gangs’ activities
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Shippers campaign against full screening of cargo on planes
The TSA decided that starting last August, it would mandate the screening of all cargo on passenger planes loaded in the United States; it said its rule would not apply to cargo placed on U.S.-bound passenger flights overseas, or to cargo-only flights; the Obama administration announced new cargo rules Monday banning freight out of Yemen and Somalia; it also restricted the shipment of printer and toner cartridges weighing more than a pound on all passenger flights and some cargo flights; the overall cargo security rules were unchanged
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Cybersecurity standard published to protect global critical infrastructure
With industrial networks being increasingly connected to the hostile IT world, and the frequency and sophistication of malware growing exponentially, industrial stakeholders must act today to protect their critical systems; the International Instrument Users Association (WIB) releases comprehensive cybersecurity standard to protect critical industrial computers;
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The time for cybersecurity contracting is now
It is not just a fad: cybersecurity represented the largest request for funds in last year’s intelligence budget; it is an area for expansion government contractors cannot afford to pass up
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Carnegie Mellon to develop flying car for DARPA
DARPA chooses Carnegie Mellon to develop autonomous capability for flying car; the military ground vehicle would transform into flyer for scouting, resupply, and medical evacuation; the flying car would be capable of transporting four people and 1,000 pounds of payload up to 250 nautical miles, either by land or by air
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Breakthrough: Flapless UAV gets airborne
The conventional control surfaces of a UAV include many moving parts, require frequent, costly repairs, and account for a significant percentage of an aircraft’s noise output; British researchers developed a UAV with no moveable control surfaces — no flaps, ailerons, elevators, or spoilers; just a wing, an engine, and some holes
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Security M&A activity breaks records
The value of transactions in the security sector skyrockets — and most of the majors (including Honeywell, Schneider, Siemens, Johnson Controls, Bosch, and UTC) have yet to seal a deal this year; the pace of consolidation experienced in the third quarter will continue into the last quarter of 2010
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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.