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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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Carnegie Mellon to join new biometrics center
Aim of the new center — called Center for Academic Studies In Identity Sciences (CASIS) — is to provide the U.S. intelligence community with a pool of talented researchers in biometrics
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Saving money and increasing security by using guard tracking device
New Jersey-based company offers GPS-enables guard tracking device which can tell, and keep record of, where guards are at any moment in time; such tracking increases companies’ security and may also reduce their insurance premiums and their legal exposure
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L-1 Identity Solutions reports Q4 and 2008 results
Revenue for the Q4 2008 increased to $147.5 million compared to $113.9 million in Q4 2007; revenue for the twelve months ending 31 December 2008 was $562.9 million compared with $389.5 million for the twelve months ending 31 December 2007
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Raytheon offers airborne radar for India's homeland security
India is paying more attention — much more attention — to homeland security in the wake of the November 2008 Mumbai bombing; among the first priorities is securing the very long coast lines of the country; Raytheon, already a presence in India, stands to benefit
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Growing crime in Central America boon to private security companies
A combination of a dramatic increase in crime — from drug-related murders to kidnapping for ransom — and a growing perception that government agencies cannot or would not do much about it, have led to a boom for private security companies in Central and Latin America
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IT security jobs largely untouched by economic slowdown
New reports describe a surprising stability in the information security job market amid all the cost-cutting and layoffs that are taking place; regulatory compliance demands, increasing data protection requirements stemming from wireless deployments and rollouts of virtualization technology, and growing consumer angst over data breaches combine to blunt the toll recession takes on information security jobs, salaries
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MRAPs keep soldiers safe from mines, IEDs on battlefield
The Obama administration wants to send tens of thousands of additional U.S. troops to Afghanistan; these troops will need protection from land mines and IEDs; Force Protection, a company producing Mine Resistant Ambush Protected (MARP) vehicles, stands to benefit
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The long view
Need for National Information Clearinghouse for Cybercrime Data, Categorization of Cybercrimes: Report
There is an acute need for the U.S. to address its lack of overall governance and coordination of cybercrime statistics. A new report recommends that relevant federal agencies create or designate a national information clearinghouse to draw information from multiple sources of cybercrime data and establish connections to assist in criminal investigations.
Trying to “Bring Back” Manufacturing Jobs Is a Fool’s Errand
Advocates of recent populist policies like to focus on the supposed demise of manufacturing that occurred after the 1970s, but that focus is misleading. The populists’ bleak economic narrative ignores the truth that the service sector has always been a major driver of America’s success, for decades, even more so than manufacturing. Trying to “bring back” manufacturing jobs, through harmful tariffs or other industrial policies, is destined to end badly for Americans. It makes about as much sense as trying to “bring back” all those farm jobs we had before the 1870s.
The Potential Impact of Seabed Mining on Critical Mineral Supply Chains and Global Geopolitics
The potential emergence of a seabed mining industry has important ramifications for the diversification of critical mineral supply chains, revenues for developing nations with substantial terrestrial mining sectors, and global geopolitics.
Are We Ready for a ‘DeepSeek for Bioweapons’?
Anthropic’s Claude 4 is a warning sign: AI that can help build bioweapons is coming, and could be widely available soon. Steven Adler writes that we need to be prepared for the consequences: “like a freely downloadable ‘DeepSeek for bioweapons,’ available across the internet, loadable to the computer of any amateur scientist who wishes to cause mass harm. With Anthropic’s Claude Opus 4 having finally triggered this level of safety risk, the clock is now ticking.”