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CBP releases trade strategy document
In fiscal year 2008, the U.S. Customs and Border Protection agency processed imports worth $2.2 trillion and collected $32 billion in revenue; these figures are only going to grow
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ESA's gamma-ray technology used to detect dirty bombs
The European Space Agency has licensed its gamma-ray detection technology to a U.K. company; the latter has signed a contract worth $222 million with DHS to next-generation radiation gamma-ray detection and identification system
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Businesses to increase IT security budgets
Ernst & Young finds that at least 50 percent of companies are set to increase their IT budgets, the current financial difficulties notwithstanding
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HHS offers legal shield to anthrax manufacturers, distributors
The U.S. Department of Health and Human Services offers legal shield to manufacturers and distributors of anthrax vaccines and treatments under a “public health emergency” to be in effect until the end of 2015
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IT security during tough economic times
Tough economic times lead to layoffs and mergers and acquisitions; a key aspect of such transitions is the inevitable turnover and its impact on internal security
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DHS to use TeraView's terahertz technology in chemical detection
Goodrich chose U.K. terahertz technology specialist TeraView for developing a DHS-sponsored chemical detection system for government and public buildings, and on the battlefield
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Briefly noted
Iraqi military looks at unmanned air force… Iraqi brass confirm interest in F-16s, armed Helos… Lockheed Martin establishes Center for Cyber Security Innovation… Nuke detection is latest fallout from Georgia war
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FBI worried about increased cyber crime
Head of the FBI cyber division says the number of victims of cyber crime, and the cost of that crime, are increasing; moreover, as many as two dozen countries have taken an “aggressive interest” in penetrating the networks of U.S. companies and government agencies
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Heron UAV delivered to Canadian forces in Afghanistan
Israel Aerospace Industries deliver Heron UAV to Canada; delivery is part of part of a $85 million contract
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Chertoff urges industry to invest in cybersecurity
About 85 percent of the U.S. critical infrastructure is owned and operated by private industry; DHS secretary Chertoff says this fact makes cybersecurity a shared responsibility between government and the corporations that control most computer networks
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Militaries eye biometric technology
New report says that biometrics is useful not only for homeland security applications, but also for military uses in the theater; the military biometrics market thus offers investors new opportunities
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Briefly noted
Quantum cryptography: As awesome as it is pointless… Smiths Detection wins $26.7 million TSA order for advanced checkpoint X-ray systems… Motorola sells biometrics arm to Safran… Aussie government approves ProtectDrive for government use
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GSC announces six finalists for 13 November event
The Global Security Challenge has announced the six finalists for the competition to be held 13 November; winner will receive $500,000 grant in cash and mentorship from venture capitalists
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Thales opens European security center
More than 25 percent of Thales’s revenues come from its security systems, which totalled approximately €3.4 billion in 2007; the French giant launches a security research center dedicated to homeland security
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California IT security company adds 225 jobs in Ann Arbor expansion
Ann Arbor, Michigan, is attracting more and more IT security companies; half a dozen IT companies have already announced expansions in the Ann Arbor region this year, and their plans for Ann Arbor include the addition of nearly 1,200 jobs in the coming years
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The long view
Not Just Beijing’s Doing: Market Factors Are Also Hitting Rare Earths Prices
Have depressed rare earths prices been engineered by the Chinese state to snuff out non-Chinese rivals before they get going? Or do they simply reflect a weak market, with demand rising more slowly than was expected by the promotors of a slew of new projects?
Emerging Threats to the U.S. Financial System
In early 2021, a freewheeling, freethinking group of investors on Reddit plowed their money into GameStop, a video game retailer that several big hedge funds had bet against. The stock price shot up, some people made millions—and, to the delight of those on Reddit, the hedge funds had some very bad days. Researchers saw the GameStop story as a cautionary tale. If investors on Reddit could work together to move the markets like that, what could an adversary like China do?