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Lights out: Experts say instability of world’s power supplies must be urgently addressed
A new study reveals the urgent need to address instabilities in the supply of electrical power to counteract an increase in the frequency and severity of urban blackouts. The work builds on previous studies which examined a sharp increase in electrical usage over recent years, and warned the world to prepare for the prospect of coping without electricity as instances of complete power failure become increasingly common.
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Resting place of 2 million barrels of oil missing from Deepwater Horizon accident found
Where is the remaining oil from the 2010 Deepwater Horizon disaster in the Gulf of Mexico? The location of two million barrels of oil thought to be trapped in the deep ocean has remained a mystery. Until now. Scientists have discovered the path the oil and followed it to its resting place on the Gulf of Mexico sea floor. By analyzing data from more than 3,000 samples collected at 534 locations over twelve expeditions, the researchers identified a 1,250-square-mile patch of the sea floor on which four to 31 percent of the oil trapped in the deep ocean was deposited. This is the equivalent of 2 to 16 percent of the total oil discharged during the accident.
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Insurance companies now write Ebola exclusions into policies; offer Ebola-related products
U.S. and British insurance companies have begun to write Ebola exclusions into their policies for hospitals, event organizers, airliners, and other businesses vulnerable to disruption from the disease. As a result, new policies and renewals will become more expensive for firms looking to insure business travel to West Africa or to cover the risk of losses from Ebola-driven business interruptions (BI).The cost of insuring an event against Ebola, for example, would likely be triple the amount of normal cancellation insurance — if the venue was in a region not known to be affected by the virus.
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Private cleaning firms had to improvise when cleaning apartments of U.S. Ebola patients
Officials responsible for disinfecting the Ebola-infected homes of Thomas Eric Duncan’s fiancee, and of the two nurses he infected, relied on best decontamination practices, but note that an official manual for responding to a home contaminated with the Ebola virus was nonexistent at the time. OSHA recently announced official guidelines for “Cleaning and Decontamination of Ebola on Surfaces” for workers and employers in non-healthcare/non-laboratory settings.
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Law enforcement: Apple iOS 8 software would hinder efforts to keep public safety
With its new iOS 8 operating software, Apple is making it more difficult for law enforcement to engage in surveillance of users of iOS8 smartphones. Apple has announced that photos, e-mail, contacts, and other personal information will now be encrypted, using the user’s very own passwords — meaning that Apple will no longer be able to respond to government warrants for the extraction of data.
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Napa Valley residents debate necessity of earthquake insurance
Many residents of the Napa Valley in California are weighing the benefits and costs of earthquake insurance in the wake of the 24 August quake, which heavily damaged many homes and businesses in the region. The high premiums of earthquake insurance are deterring many home and business owners, despite the real threat of intensive damage.Only 6 percent of Napa Valley residents had earthquake insurance, andonly 9 percent of California businesses have coverage.
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U.S insurance sector showing “profound lack of preparedness in addressing climate-related risks”: Report
Amid growing evidence that climate change is having wide-ranging global impacts which will worsen in the years ahead, a new report ranks the nation’s 330 largest insurance companies on what they are saying and doing to respond to escalating climate risks. The report found strong leadership among fewer than a dozen companies but generally poor responses among the vast majority. “Despite being on the ‘front line’ of climate risks, most of the company responses show a profound lack of preparedness in addressing climate-related risks and opportunities,” says the president of the organization sponsoring the report.
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FBI wants Congress to mandate backdoors in tech devices to facilitate surveillance
In response to announcements by Appleand Googlethat they would make the data customers store on their smartphones and computers more secure and safer from hacking by law enforcement, spies, and identity thieves, FBI director James Comey is asking Congress to order tech companies to build their devices with “backdoors,” making them more accessible to law enforcement agencies.Privacy advocates predict that few in Congress will support Comey’s quest for greater surveillance powers.
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Growing scrutiny of police use of Stingray surveillance technology
IMSI-catcher (International Mobile Subscriber Identity), aka Stingray, is a surveillance technology which simulates cell phone towers in order to intercept mobile phone calls and text messages. Privacy advocates have scrutinized the use of Stingrays in U.S. cities because, when the device tracks a suspect’s cell phone, it also gathers information about the phones of bystanders within the target range. Additionally, police use Stingrays without properly identifying the technology when requesting search warrants has raised concerns.
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Public safety network failed to involve important constituencies in development phase
On 22 February 2012, Congress passed the legislation to create the First Responder Network Authority (FirstNet), an agency tasked with creating a nationwide wireless broadband network for public safety and emergency response officials. Currently, the nation’s 5.4 million first responders rely on commercial carriers to communicate and share critical information during emergencies. Analysts say that a failure to incorporate the public safety sector into the development phase of FirstNet set the new agency on a wrong path in its early days.
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Social media firms pledging to keep users anonymous still collect users’ information
Social media firm Whisperprides itself on offering anonymity in a market where the biggest players are often considered too transparent. Its co-founder, Michael Heyward, a tech entrepreneur, describes the company as “the first completely anonymous social network,” an alternative to Facebookand Twitter. It now emerges that Whisper’s back-end systems that retain digital libraries of texts and photographs sent by users, and in some cases the location information of users.
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Sale of NYC historic Waldorf Astoria hotel to Chinese firm worries U.S. security officials
Citing an espionage risk, U.S. officials are expressing concern over the sale of the historic Waldorf Astoria hotel in New York City to a Chinese insurance company. The Beijing-based Anbang Insurance Group purchased the property from Hilton Worldwide on 6 October for $1.95 billion. One clause in the sale contract, referring to “a major renovation,” has raised eye brows in Western security services. Specifically, they worry that renovations and modifications to the structure could accommodate Chinese eavesdropping and cyber espionage equipment.
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U.S. seeking innovative solutions for protecting healthcare workers on Ebola front lines
The U.S. Agency for International Development (USAID) has issued a Broad Agency Announcement (BAA), saying the agency is looking for opportunities to co-create, co-design, co-invest, and otherwise collaborate in the development, testing, and scaling of practical and cost-effective innovations to help healthcare workers on the front lines provide better care and stop the spread of Ebola. USAID notes that this funding mechanism will not support research that does not provide a clear path to development and testing of prevention and intervention strategies. Awards are in the range of $100,000 to $1million.
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Surge in cyberattacks drives growth in cybersecurity insurance
More than 3,000 American businesses were hacked in 2013, many of them small and mid-size firms without cybersecurity insurance. That surge in cyberattacks has led to a growing cybersecurity industry, with firms offering products and solutions to secure network systems. Insurance companies are also claiming their stake in the booming industry. Today, roughly fifty U.S. companies offer cybersecurity insurance. American businesses will spend up to $2 billion on cyber-insurance premiums this year, a 67 percent increase from the $1.2 billion spent in 2013.
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U.S., U.K. war-game failure of too-big-to-fail banks
On Monday U.S. treasury secretary Jack Lew, his British counterpart Chancellor George Osborne, along with the heads of both countries’ central banks, participated in a simulation to test the actions that would follow should a major transatlantic bank went under. The scenario allows U.S. and British authorities to “make sure we can handle an institution that was previously regarded as too big to fail,” according to Osborne. War games have long been used to build trust and co-operation among allies and adversaries.
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The long view
U.S. contemplates responses to a cyber-Pearl Harbor attack on critical infrastructure
Cybersecurity experts often contemplate how U.S. security agencies would react to a cyber-9/11 or a digital Pearl Harbor, in which a computer attack would unplug the power grid, disable communications lines, empty bank accounts, and result in loss of life. “Ultimately, it absolutely could happen,” says one expert. “Yeah, that thought keeps me up at night, in terms of what portion of our critical infrastructure could be really brought to its knees.”
To bolster the world’s inadequate cyber governance framework, a “Cyber WHO” is needed
A new report on cyber governance commissioned by Zurich Insurance Group highlights challenges to digital security and identifies new opportunities for business. It calls for the establishment of guiding principles to build resilience and the establishment of supranational governance bodies such as a Cyber Stability Board and a “Cyber WHO.”
More money, different approach offer opportunities to border security tech companies
The number of border agents has reached roughly 21,000, up from 5,000 two decades ago. In fiscal year 2012, spending for border and immigration enforcement totaled almost $18 billion — 24 percent more than the combined budgets of the FBI, the DEA, the Secret Service, the U.S. Marshals, and the Bureau of Alcohol, Tobacco, Firearms and Explosives (total: $14.4 billion). One major trend driving the border security industry is the government’s shift from large-scale border security infrastructure projects to small unit security systems.
Coastal communities can lower flood insurance rates by addressing sea-level rise
City leaders and property developers in Tampa Bay are urging coastal communities to prepare today for sea-level rise and future floods in order to keep flood insurance rates low in the future. FEMA, which administers the National Flood Insurance Program(NFIP), is increasing flood insurance premiums across the country, partly to offset losses from recent disasters such as hurricanes Katrina and Sandy. Cities can reduce insurance premiums for nearly all residents who carry flood coverage by improving storm-water drainage, updating building codes to reflect projected rise in sea-levels, moving homes out of potentially hazardous areas, and effectively informing residents about storm danger and evacuation routes.
Changing human behavior key to tackling California drought: Expert
California is experiencing a drought that has gone far beyond a “dry spell,” and the state has imposed the first water restriction in state history, aiming to cut back on water consumption by 25 percent. One expert says that strict water conservation measures are long overdue, and that “what is happening is a realization that you can’t simply transplant another ecosystem onto a California desert system or arid southwestern system. In a sense, California and much of the U.S. southwest are living beyond their ecological means. Certain lifestyles have been adopted and crops are being grown that are not endemic or sustainable for this particular bioregion.” He adds: “This is a moment for not just cutting off personal water use and turning the tap off when you’re brushing your teeth, as important as that is. This is a moment of reflection, invitation and, I hope, legislation that will cause people to think about water use in the industrial sector too. This is for the long-term prosperity of the state and sustainability of the ecosystem.”