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Precise Biometrics in SEK12 million Chinese deal
Swedish fingerprint specialist expands its presence in China with a SEK12 million (about GBP1 million) order
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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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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?