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Banking card readers inherently insecure
Hand-held bank card readers were designed to thwart online banking fraud, but cost-saving measures have resulted in design compromises that have left customers open to risk of fraud
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France will help Italy revive nuclear power industry
Nicolas Sarkozy and Silvio Berlusconi sign an agreement which will see the Italian power company, ENEL, and its French counterpart, EDF, study the feasibility of building four power stations in Italy
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More and more nations are food-insecure
Globalization, life style changes, and fierce competition among food producers make developing nations food-insecure; “Epidemics are a disastrous but unavoidable consequence that we can only hope to limit,” one expert says
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Northrop Grumman in joint development deal with UAE's Tawazun
Northrop Grumman signs a deal with Tawazun Holding collaborate on a variety of defense projects and identify viable business opportunities
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Strong future for independent research
Despite the current economic downturn, independent research organizations remain optimistic; many areas of research and development — chief among them energy security, energy conversion, and defense — already see bipartisan support for increased funding
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New facial, gait recognition software to be integrated in CCTVs
BAE Systems and OmniPerception work on developing a gait and facial behavior recognition to be integrated into street corner CCTVs; it will make identifying known criminals easier
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Northrop Grumman is attractive
Northrop Grumman is in a good position, as they really only need to perform as “average” to deserve a higher stock price appreciation; as the worst performing of the “big” defense contractors in 2008, it should be the year for a turnaround at Northrop
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BIO-key reports profitability for Q4, full year 2008
Total revenue from continuing operations for the quarter ending 31 December 2008 was $3.9 million, representing an increase of 47 percent from the $2.6 million reported in the fourth quarter of 2007
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PerSay in strategic partnership with INS Indriya in Singapore
A leading voice recognition biometrics partners with a Singaporean technology consulting firm; voice recognition is slowly spreading in both e-commerce and in intelligence and law enforcement
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BAE Systems shows robust 2008 financial results
Europe’s largest defense contractor sees profits for 2008 rise by 93 percent to £1.7 billion from £901 million a year earlier; sales were up 18 percent to £18.5 billion, and full-year earnings before interest, tax, and amortization rose to £1.9 billion — a 30.9 percent increase on the previous year.
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BriefCam video synopsis integrated in Pelco's DVR
BriefCam’s technology integrated with Pelco’s DX8100 series of digital video recorders; solution allows for one day of surveillance camera footage to be summarized into as little as a few minutes
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Unisys: Technology "consumerization," mobility risks key drivers of security investments
A Unisys briefing says that the growing pervasiveness of technology consumerization and mobility opens businesses to new risks across a broader spectrum; economy compels greater need for collaboration, more intelligent systems, and better fraud prevention; biometric use and acceptance also to increase
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Microsoft offers reward for catching worm creator
Microsoft offered a reward of $250,000 to find who is behind the Downadup/Conficker virus; since it started circulating in October 2008 the Conficker worm has managed to infect millions of Windows computers
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Regulators cannot cope with food counterfeiting, contamination
New worry: Between the extremes of accidentally contaminated food and terrorism via intentional contamination, lies the counterfeiter, seeking not to harm but to hide the act for profit
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Researchers spoof, bypass face-recognition authentication systems
Vietnamese researchers have cracked facial recognition technology in Lenovo, Asus, and Toshiba laptops; the researchers demonstrated feat at this week’s Black Hat DC event
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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.