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Malaysia renwes Unisys contract
The Malaysian government has renewed its contract with Unisys Malaysia to continue work on the national ID card (MyKad)
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An HS Daily Wire conversation with Walter Hamilton of the International Biometrics Industry Association (IBIA)
Walter Hamilton, chairman of the Board of Directors of IBIA, talks about different biometric technologies, new and innovative biometric approaches, the role of biometric in security and commerce, biometrics in the theater of battle, and more
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Banks' PIN codes susceptible to hackers' theft
Network of PIN codes’ thieves nets millions of dollars; hackers are targeting the ATM system’s infrastructure, which is increasingly built on Microsoft’s Windows operating system and allows machines to be remotely diagnosed and repaired over the Internet
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Congress weighs in on Digimarc sale
Legislators uncomfortable with French company Safran acquiring U.S. ID maker Digimarc; they want CFIUS to take a very close look at the sale and its consequences for U.S. citizens’ security and privacy
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L-1 Identity Solutions receives $4.9 million order for biometric devices
L-1 contracted to sell its hand-held detection device, identifying individuals via iris, finger, and face biometrics in a mobile situation, to unnamed U.S. government agencies
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Northrop's Florida unit to get $185M for surveillance systems
Congress’s supplemental war-time bill, which President George Bush recently signed, includes nearly $185 million for Northrop Grumman’s Joint STARS combat surveillance aircraft program
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New organization to fight multi-product threats
Five big technology hitters create a new organization aiming to address complex, multi-product, multi-vendor security threats
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Fujitsu promotes palm vein biometrics in U.S.
Palm vein architecture biometric technology is wide-spread in Asia, especially in Japan, where many banks use it in their ATMs; one reason for the popularity of the system in Japan is the stronger association made in Japanese culture between fingerprinting and criminality; Fujitsu believes other reasons — the fact, for example, that fingerprinting is not suitable for about 8 percent of the population — offer opportunities in the U.S. for its technology
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£500,00 boost for hi-tech firm
Warwick Warp has developed innovative technology in biometrics which dramatically improves the accuracy and speed of recognition of fingerprints; VCs are intrigued
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Identica Holdings Corporation
Identica champions one of the newest biometric technologies: Vascular pattern recognition, also referred to as vein pattern authentication; the technology offers several advantages over current biometric measures
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BAE Systems acquires Tenix Defense
BAE acquires versatile Aussie defense company; the acquisition grows BAE Australia significantly, taking the number of employees to more than 5,500 and current annual sales in excess of A$1.2 billion
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Washington, D.C. is U.S. second cybercity by high-tech employment
Growth in government’s need for technology sees Washington, D.C. becoming the U.S. No. 2 cyber city by high-tech employment; 132 of every 1,000 private sector workers work in high-tech
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French company's bid for Digimarc raises U.S. security concern
L-1 Identity Solutions’ Robert LaPenta says allowing French company Safran, which is 30 percent owned by the French government, to acquire U.S. ID card maker Digimarc would compromise security of U.S. citizens’ personal information
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A case for RFID and biometric security solutions
Greater reliability and convenience make a case for RFID and biometric security solutions
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Investing in biodefense companies, II
Billions of dollars are being spent on finding vaccines and treatments for possible bioterror attacks; investment analyst says that these billions of dollars in government spending notwithstanding, when considering an investment in a company doing R&D in the bioterror field, you should consider its non-terror-related biotechnology efforts, and the quality of its management team
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The long view
New Bill Proposes Banning TikTok in the U.S.
Both the administration and Congress have moved to limit, or even ban, TikTok in the United States because of worries about China using the Chinese-owned platform to gather personal data on millions of Americans. Justin Sherman writes that “all told, it is a noteworthy piece of legislation, and it delineates between the risk of data access and the risk of content manipulation better than then-President Trump’s executive order on TikTok.”
$4.8M to Address National Cybersecurity Workforce Shortage
Oregon State University has received $4.8 million from the National Science Foundation to help the United States close a big gap between the number of cybersecurity job openings and the number of qualified applicants for those positions.
Leveraging U.S. Capital Markets to Support the Future Industrial Network
$56 trillion is nearly three times the size of the U.S. economy. This vast pool of capital in U.S. capital markets — $46 trillion in public capitalization and another $10 trillion in private money – dwarfs that of China. Tapping U.S. equity and debt markets would enable the Department of Defense to remedy current capability shortfalls, fund technological advances from leading private-sector innovators, invest in generational transformation efforts across the military services, and upgrade antiquated global infrastructure to sustain U.S. forces.
Insurance for a Changing Climate
Among the many facets of the economy being challenged and changed by warming global temperatures is the insurance industry. Damaging extreme events such as wildfires, hurricanes, and floods are happening with greater frequency and intensity, which leaves insurance companies facing larger financial risks and paying out more in claims — and it also leaves policy holders paying higher prices to insure their homes and businesses.
Batteries Are the Battlefield
The United States is one of many countries pursuing the clean energy revolution, and which have ramped up investment in electric vehicles manufacturing and renewable energy sources to power the shift away from fossil fuels. Christina Lu and Liam Scott write that this is an industry that has already been staked out by another power: China.