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The Government of Bermuda has announced plans to make amendments to the Banking Act in order to establish a new class of bank to render services to local fintech and blockchain organizations, Finextra reported July 2. Since local banks have reportedly declined to provide banking services to the new type of companies, being concerned about…
A top Air Force commander has assured reporters that no, the military’s experiments with artificial intelligence are not the first step toward “Skynet,” the evil defense network in the “Terminator” movies that tried to wipe out humanity. Google recently announced that it will not work with the Pentagon beyond its 2017 contract on Project Maven,…
By Jamie Bennett, VP of Device Engineering at Canonical (Ubuntu), June 2018 2020, the year that we expect 5G networks to begin turning on is not that far away with some already starting early so it is inevitable that the IoT will adapt to the new features that it brings. Our increasingly connected world, sometimes affectionately…
The most significant event in monetary history since 1971 occurred a few weeks ago. An event that threatens to upend the global balance of power, the economy of the world, and your portfolio. To understand the significance of this event and the potential scale of its consequences, a little monetary history is in order. For at…
The secrets are hidden behind fortified walls in cities across the United States, inside towering, windowless skyscrapers and fortress-like concrete structures that were built to withstand earthquakes and even nuclear attack. Thousands of people pass by the buildings each day and rarely give them a second glance, because their function is not publicly known. They…
BTCC Pool Limited, the mining pool business of cryptocurrency exchange BTCC, has provisionally agreed to sell 49 percent of its equity. According to a memorandum of understanding (MOU) published on Monday by BTCC Pool and its potential buyer, Value Convergence (VC) Holdings Limited – a Hong Kong-based financial service firm – the deal would raise 147…
(this is written from an USA perspective, but applies elsewhere, too). WASHINGTON — Ask finance ministers and central bankers around the world about their worst nightmare and the answer is almost always the same: Sometime soon the North Koreans or the Russians will improve on the two huge cyberattacks they pulled off last year.…
“80% of firms in the industry surveyed are increasingly reliant upon data to help make better decisions. However, inaccurate data can have far-reaching, adverse consequences. Blockchain-driven technology could solve this problem.” This post is also available in: עברית (Hebrew) The need for better data has been driving industries in large to adopt blockchain technology.…
With cyber playing a critical role in conflict going forward, the Army has begun to recognize the need to have organic cyber planners within a brigade’s staff to offer commanders options related to cyber as well as electronic warfare. Cyber and Electromagnetic Activities, or CEMA cells, have been stood up in each brigade acting as…
Senators have long been worried about the future of the Air Force’s cyber workforce. “Out of the 127 Air Force cyber officers that completed their first tour on the cyber mission force, none went back to a cyber-related job,” Sen. John McCain, R-Ariz., said during a May 2017 hearing. “That is unacceptable and suggests a…
Since China started quantum computing research in 2004, it has invested over 30 times more than America in this revolutionary technology. In 2017 China announced that it was creating an $11 billion, 4 million-square-foot national quantum laboratory in the city of Hefei. This lab will accelerate China’s research into various applications of quantum computing, but…
The Marine Corps Warfighting Laboratory (MCWL) has extended a prototype contract with Sensofusion for an additional year to develop a system that would give troops advanced warning of threats from drones. The contract was extended to “innovate and implement new capabilities within signal intelligence,” a June 6 press release said. The contract with Sensofusion is…
Workers with a security clearance are in high demand throughout the US federal government. The federal government faces a substantial security clearance backlog, so the Defense Information Systems Agency has announced a potential solution. An electronic application, eApp, will be used to submit background security clearance investigation forms. The application debuted at the Armed…
Commandant of the Marine Corps Gen. Robert B. Neller called for a futuristic vision of the service that embraces digital fighting. (Sgt. Olivia G. Ortiz/Marine Corps) The Marine Corps (USMC) must be “more flexible” when it comes to retaining cyber warriors, its top officer said, a recognition that the service needs to bolster its…
This post is also available in: עברית (Hebrew) Cyber threats on Israeli companies, organizations, and infrastructure grow daily. The Israeli National Cyber Security Authority has been concentrating its efforts to thwart this threat using sub-contractors, cyber companies that each one deals with the defense of a different critical sector. One of these companies is White…
Seit Jahren streiten Politiker, ob Deutschland nach einem Hackerangriff auch im Netz zurückschlagen darf. Nach SPIEGEL-Informationen hat die Bundeswehr nun erstmals gemeldet, dass sie dazu in der Lage wäre. Von Matthias Gebauer und Marcel Rosenbach Samstag, 16.06.2018 Die Cybertruppe der Bundeswehr könnte im Fall eines Hackerangriffs auf deutsche Rechner und Netze mit einem sogenannten Hackback…
In future conflicts, information will reign supreme. Gone are the days when the winner of a conflict will be the one that brings the most capacity and breaks the most things. Rather, “future conflicts are probably going to be decided by the side with an information advantage,” US Air Force Brig. Gen. Chance Saltzman, director…
PARIS ― Safran Electronics & Defense unveiled June 12 at the Eurosatory trade show a range of military inertial navigation systems, dubbed Geonyx, aimed at equipping armored vehicles, target acquisition systems and artillery. The Geonyx INS range is a navigation tool designed to allow operators to find their position and aim weapons, a Safran ED…
German eyeo, the company in Cologne behind the popular browser-based ad block product Adblock Plus, is no stranger to controversy. Which is just as well given its new “passion project”: A browser add-on that labels news content as ‘trusted’ or, well, Breitbart. The beta browser extension, which is called Trusted News (initially it’s just available for…
National cyber defense units should be located in metropolitan areas where they can best take advantage of IT capabilities and infrastructure. (artisteer/Getty Images) The cyber missions that support government and business cyber defenses need to be located where they can have an impact on the outcome. The Department of Defense owns a lot of…
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