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Twenty-one million German bank accounts for sale
Criminals steal 21 million German bank records; reporters posing as buyers working for a gambling business managed to strike a a price of €0.55 per record, or €12 million for all the data
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Here they go again: China demands access to Western computer security
Another crisis in U.S.-China trade relations looms, as China, again, is about to introduce rules which would allow Chinese companies to steal Western industrial secrets, and would allow the Chinese government more tightly to monitor what the Chinese people say and read
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Day of 4G technology -- mobile WiMax -- nears
Clearwire and Sprint Nextel completes transaction to combine their next-generation wireless Internet businesses; companies announce $3.2 billion investment to launch 4G mobile Internet company
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BAE moves into radiation detection
Natural diamonds have been used for UV detection since the 1920s, but high purity single crystal diamond with excellent bulk uniformity is a new development, opening new markets for the technology
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BAE shows strong results for first half of 2008
Large defense and security contractor reports rise in revenue in first half of 2008 to £727.4 million from £638.8 million a year earlier, with underlying operating profit up 19.8 percent to £55.1 million
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Raytheon pursues stand-off radiation sensor technology
Raytheon received a $2.9 million contract from DHS to develop a stand-off nuclear radiation system
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New CFIUS regulations
CFIUS issues final regulations governing national security reviews of foreign investment in the United States
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Immigration Alert: Employing immigrants during economic slowdown
There are important employer obligations to consider when employing immigrants during an economic downturn
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Experts: Internet crime might cause global catastrophe
Damage caused by cyber crime is estimated at $100 billion annually; tech-savvy gangs from China, India, Eastern Europe, and Africa were coming up with ever more sophisticated ways of swindling money from vulnerable people
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Russia to buy UAVs from Israel
Russian officers were impressed with the performance of Israel-made UAVs used by Georgian forces during the August conflict, and decided to sign a contract with Israel to buy the systems
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Security alliance calls financial incentives for cyber security
The Internet Security Alliance calls for the incoming Obama administration and Congress to give information technology companies financial incentives for improving cybersecurity defenses, including providing funding in research and development and shielding them from liability caused by cyberattacks
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Modern-day piracy poses growing threats, challenges
Forget Captain Kidd, wooden legs, or treasure maps; modern pirates are equipped with supercharged speedboats, large-caliber weaponry, and all the radio intercept technology they need to identify and locate valuable ocean-going booty; on 9/11 we saw what damage a jumbo jet could do when used as a weapon; how about a supertanker as a weapon?
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Continued growth for aerospace, defense despite economic slowdown
Revenues for electronics /C4ISR companies in the U.S. defense market are projected to be worth $298 billion in 2015; Europe and the United States account for more than 80 percent of the world’s aerospace and defense revenues
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Raytheon reaches 300th RAID system
A Raytheon’s milestone: The Rapid Aerostat Initial Deployment (RAID) system provides surveillance support for use in both war and peacetime; the U.S. army now has three hundred of them
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Briefly noted
Decision in Defense procurement case could set precedent… Elbit completes acquisition of Innovative Concepts for $15 million… Huntsville grows into major explosives hub
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The long view
If Trump Wants More Deportations, He’ll Need to Target the Construction Industry
As President Donald Trump sends mixed messages about immigration enforcement, ordering new raids on farms and hotels just days after saying he wouldn’t target those industries, he has hardly mentioned the industry that employs the most immigrant laborers: construction. Almost a quarter of all immigrants without a college degree work in construction.
Federal R&D Funding Boosts Productivity for the Whole Economy − Making Big Cuts to Such Government Spending Unwise
Large cuts to government-funded research and development can endanger American innovation – and the vital productivity gains it supports. If the government were to abandon its long-standing practice of investing in R&D, it would significantly slow the pace of U.S. innovation and economic growth.
Smaller Nuclear Reactors Spark Renewed Interest in a Once-Shunned Energy Source
In the past two years, half the states have taken action to promote nuclear power, from creating nuclear task forces to integrating nuclear into long-term energy plans.