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Security News Update for the Week Ending April 12, 2024

Administration Announces Preliminary Agreement for New High Tech Chip Factories in Arizona As you may remember, during the pandemic the shortage of chips caused widespread product shortages for everything from phones to cars. Congress passed the CHIPS act to subsidize companies who manufactured chips in the U.S. at a higher cost rather than in less […]

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Defense Contractor Breach and National Security

The Department of Defense has been trying for ten years now to shore up the security of defense contractors but still has not gotten new regulations passed. Here is one example of why they are needed. Desparately. The breach against defense contractor Acuity, Inc. happened last month. The data was being sold for only $3,000 […]

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Security News Update for the Week Ending April 5, 2024

DoD Opens Cyber Policy Office As reported earlier, the planned opening of the Office of the Assistant Secretary of Defense for Cyber Policy officially happened on March 20th. Ashley Manning will manage it until the Senate confirms someone else. President Biden announced that his nominee will be Michael Sulmeyer. Whether the Senate confirms him or […]

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Cybersecurity Investment + Board Involvement = Better Shareholder Returns

What if you could better your competitor’s returns by 372%? Would that make the pain of improving your cybersecurity practices worthwhile? A study by Bitsight and Diligent says that is possible. The study analyzed data from 4,000 companies worldwide and found two interesting statistics. Insurance companies are looking to find actuarial data that helps them […]

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DoD Just “Upped” The Cybersecurity Game for Defense Contractors

If you are a defense contractor – prime, sub or vendor to one of these and you were hoping that CMMC was going to go away, I don’t think that is going to happen – at least not on this president’s watch. Even if the party in power changes in January, I don’t much will […]

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