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PharmAthene in $5.5 million public equity offering
Developer of countermeasures against biological and chemical attacks raises $5.5 million in public offering
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Total RFID revenue to exceed $5.6 billion in 2009
ABI Research says that “The recession has had an undeniable effect on deployment plans… but despite some project deferrals and terminations, there will be market growth, albeit fragmented”
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Hi-G-Tek, Trojan Defense work on global nuclear threat early detection
Hi-G-Tek and Trojan Defense collaborate on developing a global nuclear threat early detection and warning system; the wireless sensor is designed for rapid reporting of WMD in global shipments
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Sagem Sécurité, Hitachi combine fingerprint and vein recognition technologies
Two leaders in biometric technologies combine their respective technologies — finger prints and vein architecture — in a multimode biometric recognition module
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Video on beyond line-of-sight high-bandwidth connection possible
Boeing demonstrates that transmitting video on beyond line-of-sight high-bandwidth connection is possible
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U.K. Home Office lists early ID vendors
nCipher will be paid about £1.3 million for a contract to provide “public key infrastructure and security related work”; 3M SP&SL will receive about £700,000 plus a fee for each card
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Economic slowdown notwithstanding, new startups are optimistic
Recession or no, Wayne Crosby of Mixin Capital says it is a good time to launch a startup; “I think if you’re an entrepreneur,” he said, “you’re always an entrepreneur, regardless of what the economy is doing”
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Questions raised about private inspections of food companies
What the mortgage meltdown did to the financial services sector, the recent salmonella outbreak has done to to food industry: critics charge that both cases exposed the inherent weaknesses of industries regulating and inspecting themselves
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Aussie students develop new way to visualize fingerprints left on paper
Two University of Technology, Sydney students develop a method which relies on the application of heat to the sample, with the fingerprint development accomplished in a matter of seconds
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Large defense contractors look for cyber-security business
Cyber attacks on U.S. government networks and private companies have grown exponentially; the result is a vast increase in the attention paid to, and money spent on, cyber security; the biggest U.S. military contractors are counting on winning billions of dollars in work to protect the U.S. federal government against cyber attacks
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Air France begins trial of biometric boarding cards
Air France begins trials with biometric cards as a replacement for boarding passes; the RFID-equipped cards store the passenger’s fingerprints and may be re-used up to 500 times
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Critic: U.K. fraud strategy "more worthy of Uzbekistan"
Business fraud costs Britain £14 billion a year; the U.K. government today launched its National Fraud Strategy, but a Cambridge professor harshly criticizes the initiative
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Leading browsers easily felled at hacker contest
Students at a hacker convention easily breach the protections built into Safari, IE 8, and Firefox; contestants do so in front of appreciative spectators and in a matter of hours
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CSC to help combat cyber warfare
Cyberattacks pose a major threat to the welfare and security of developing countries; developing protection against that threat offers business opportunities
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IDO Security shoes-on inspection device adopted by several airports
Taking your shoes off for airport security checks is a hassle; a shoes-on inspection devise is gaining popularity
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More headlines
The long view
Ransomware Attacks: Death Threats, Endangered Patients and Millions of Dollars in Damages
A ransomware attack on Change Healthcare, a company that processes 15 billion health care transactions annually and deals with 1 in 3 patient records in the United States, is continuing to cause massive disruptions nearly three weeks later. The incident, which started on February 21, has been called the “most significant cyberattack on the U.S. health care system” by the American Hospital Association. It is just the latest example of an increasing trend.
Chinese Government Hackers Targeted Critics of China, U.S. Businesses and Politicians
An indictment was unsealed Monday charging seven nationals of the People’s Republic of China (PRC) with conspiracy to commit computer intrusions and conspiracy to commit wire fraud for their involvement in a PRC-based hacking group that spent approximately 14 years targeting U.S. and foreign critics, businesses, and political officials in furtherance of the PRC’s economic espionage and foreign intelligence objectives.
European Arms Imports Nearly Double, U.S. and French Exports Rise, and Russian Exports Fall Sharply
States in Europe almost doubled their imports of major arms (+94 per cent) between 2014–18 and 2019–23. The United States increased its arms exports by 17 per cent between 2014–18 and 2019–23, while Russia’s arms exports halved. Russia was for the first time the third largest arms exporter, falling just behind France.
LNG Exports Have Had No Impact on Domestic Energy Costs: Analysis
U.S. liquified natural gas (LNG) exports have not had any sustained and significant direct impact on U.S. natural gas prices and have, in fact, spurred production and productivity gains, which contribute to downward pressure on domestic prices.