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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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Investing in biodefense companies, II
Billions of dollars are being spent on finding vaccines and treatments for possible bioterror attacks; investment analyst says that these billions of dollars in government spending notwithstanding, when considering an investment in a company doing R&D in the bioterror field, you should consider its non-terror-related biotechnology efforts, and the quality of its management team
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The neglected aspects of business continuity planning
Most business continuity plans fail to take into consideration the fact that in the aftermath of a disruption, organizations may have to handle large volumes of telephone calls from a variety of sources including
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Combined Systems acquires Penn Arms
As interest in less-lethal and tactical munitions grows, the acquisition of specialty arms manufacturer by a leading branded munitions maker would allow both to pursue new market opportunities more aggressively
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Biometrics market to reach $7.1 billion by 2012
Biometrics market shows a compound annual growth rate (CAGR) of 21.3 percent; fingerprint biometrics still leads the pack, with face recognition following
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German solar sector attracting investors
More and more investors are moving into the German solar energy sector; sector employment should grow from 41,000 jobs last year to around 110,000 by 2020
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Uranium report: Plenty more of the ore is available
Renewed interest in nuclear power increases new investments and expenditures for uranium exploration more than 254 percent over the two-year period from 2004 to 2006; new report says supply sufficient for next century
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New bird flu vaccine looks promising
Baxter’s cell-based vaccine appears to work better than more traditional egg-based ones; tests show promise at low doses
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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.”