Democrats demand documents from Trump businesses about foreign payments

Reuters | July 09, 2019

Democrats in the U.S. Congress on Monday said they were using a court case to demand documents from President Donald Trump’s businesses in hopes of proving that they violated anti-corruption provisions of the U.S. Constitution. A group of more than 200 Democratic Party lawmakers said in a statement that as part of lawsuit in federal court they had issued 37 subpoenas the Trump Organization and other entities, seeking information about foreign government payments accepted by properties in his real estate empire.

Spotlight

More than 94 million citizens’ records, under the care of government agencies, are estimated to have been lost or breached since 2009. The effects of this loss are profound. The average cost to the government of a data breach has been estimated at $5.5 million or $194 per individual record.2 In addition to these high costs, data breaches and cyberattacks also affect citizens directly. The unauthorized use or misuse of personally identifiable information can impact an individual’s ability to get a job, secure a loan, pay for education, obtain insurance, defend against identity theft, or benefit from public programs. Citizens need to know that they can trust public organizations with their personal information, but each new high-profile public data breach or negative watchdog report shakes that faith.

Spotlight

More than 94 million citizens’ records, under the care of government agencies, are estimated to have been lost or breached since 2009. The effects of this loss are profound. The average cost to the government of a data breach has been estimated at $5.5 million or $194 per individual record.2 In addition to these high costs, data breaches and cyberattacks also affect citizens directly. The unauthorized use or misuse of personally identifiable information can impact an individual’s ability to get a job, secure a loan, pay for education, obtain insurance, defend against identity theft, or benefit from public programs. Citizens need to know that they can trust public organizations with their personal information, but each new high-profile public data breach or negative watchdog report shakes that faith.

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GOVERNMENT BUSINESS

SuperCom Secures New Electronic Monitoring Contract in South California

SuperCom | July 22, 2022

SuperCom (NASDAQ: SPCB), a global provider of secured solutions for the e-Government, IoT, and Cybersecurity sectors, announced today that it has secured a new contract to deploy its Pure Security suite of electronic monitoring with a new customer in South California. This customer is a long-standing provider of products and services to the Criminal Justice market with primary operations in the southern part of California. SuperCom's proprietary electronic monitoring products and robust business model working directly with government agencies as well as electronic monitoring service providers were both instrumental in securing the contract. The contract is structured as a per unit per day lease model, with billing at the end of each month, for the use of the PureSecurity suite. "As a developer of public safety solutions, the stakes are high and we must be selective in who we work with. We are constantly impressed by the high caliber of partnerships with local providers we are able to form. These quality partnerships are a testament to the value our products bring to the market, We were able to secure this contract after our proprietary products were evaluated and compared to other competing products by a long-standing provider in the industry. SuperCom continues to win new business in a competitive and demanding market with legacy incumbent vendors, and each win continues to demonstrate industry acceptance and faith in our unique technology and innovative solutions. We expect to see more wins over our competition going forward." -Ordan Trabelsi, CEO and President of SuperCom. SuperCom's PureSecurity Suite is a best-of-breed electronic monitoring and tracking platform with a comprehensive set of innovative features, including smartphone integration, secure communication, advanced security, anti-tamper mechanisms, fingerprint biometrics, voice communication, unique touch screens, and extended battery life. About SuperCom- Since 1988, SuperCom has been a global provider of traditional and digital identity solutions, providing advanced safety, identification, and security solutions to governments and organizations, both private and public, throughout the world. Through its proprietary e-Government platforms and innovative solutions for traditional and biometrics enrollment, personalization, issuance and border control services, SuperCom has inspired governments and national agencies to design and issue secure Multi-ID documents and robust digital identity solutions to its citizens and visitors. SuperCom offers a unique all-in-one field-proven RFID & mobile technology and product suite, accompanied by advanced complementary services for various industries including healthcare and homecare, security and safety, community public safety, law enforcement, electronic monitoring, livestock monitoring, and building and access automation.

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CYBERSECURITY

Resecurity Expands AI-Driven Threat Intelligence in Peru with CFBD S.A.C Partnership

Resecurity | August 01, 2022

Resecurity, Inc., a U.S. cybersecurity and intelligence company, announced its partnership with CFBD to expand Resecurity's AI-driven cybersecurity solutions and services to Peru. Based in Lima, CFBD is a leading distribution company specializing in engineering development and IT infrastructure for electronic security and artificial intelligence. As Peru's digital economy expands, cyber threats are increasingly prominent, with 32% of organizations in Peru suffering cyber-attacks from 2018-2020.[1] Compounding these threats, Peru's organizations face the challenges of limited security talent, early-stage digitalism, and access to cybersecurity solutions that help organizations mitigate risk and automate security workflows. To accelerate the implementation of AI-powered cybersecurity and threat intelligence in Peru, Resecurity has partnered with CFBD to provide managed threat detection and response to local organizations. "The United States and Peru have a longstanding strategic partnership based on the shared values and interests of democracy, security, and mutually beneficial trade. Our partnership with CFBD is a natural expansion as Peru invests in AI-driven cybersecurity to secure private and public organizations, Resecurity is excited to collaborate with CFBD to drive cybersecurity market development in the region." -Gene Yoo, CEO of Resecurity. Resecurity's innovative cybersecurity solutions allow organizations to automate the identification, assessment, and triage of incoming cyber threats while staying ahead of cybercriminals using advanced tactics to attack organizations at scale. The AI-driven platform allows administrators to reduce potential blind spots and security gaps by quickly seeing in-depth analysis and specific artifacts obtained through the dark web, botnets activity, network intelligence, and high-quality threat intelligence. "Cybersecurity is becoming increasingly critical for Peruvian enterprises, government, and individuals as our country's digital ecosystem continues to expand and evolve. Leveraging artificial intelligence and partnerships with cybersecurity leaders like Resecurity, CFBD clients can detect and mitigate cyber threats confidently." -Carlos Barrientos, CEO of CFBD. About Resecurity: Resecurity is a cybersecurity company providing managed threat detection and response. The company delivers a unified platform for endpoint protection, risk management, and cyber threat intelligence. Known for providing best-of-breed data-driven intelligence solutions, Resecurity's services and platforms focus on early-warning identification of data breaches and comprehensive protection against cybersecurity risks. Founded in 2016, it has been globally recognized as one of the world's most innovative cybersecurity companies with the sole mission of enabling organizations to combat cyber threats regardless of how sophisticated they are. Most recently, Resecurity was named as one of the Top 10 fastest-growing private cybersecurity companies in Los Angeles, California by Inc. Magazine. An official member of AFCEA, NDIA, SIA, Infragard, the American Chamber of Commerce in Saudi Arabia (AmChamKSA) and the American Chamber of Commerce in Mexico (AmChamMexico). To learn more about Resecurity, visit https://resecurity.com. About CFBD: CFBD SAC is a distribution company specialized in engineering development that works with select high-end products and services. It has strategic partners and successful projects carried out nationally and internationally. It provides global solutions in IT infrastructure and part of its service portfolio is oriented towards the development and solution of equipment and/or specialized software for electronic security and artificial intelligence with the best platforms and services in various fields.

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CYBERSECURITY

QuSecure Announces Company Launch With Industry’s First End-to-End Post-Quantum Cybersecurity Solution

QuSecure | May 24, 2022

QuSecure, Inc., an innovator in post-quantum cryptography (PQC), formally launched as the first company to offer an end-to-end, quantum resilient orchestration platform. QuSecure’s solution, QuProtect, is the industry’s first PQC software-based platform uniquely designed to protect encrypted communications and data using a quantum secure channel and standardized PQC algorithms. It addresses present classical attacks and future quantum computing threats for commercial enterprises and government agencies. QuSecure’s novel approach, as outlined in a separate QuSecure Product Launch press release issued today, had previously enabled the company to secure a triple-oversubscribed seed round from investor groups including Band of Angels, and has garnered significant interest for future funding activities from an A-list of investors. The company is led by CEO Dave Krauthamer, Silicon Valley CEO, CIO, CTO, CRO, CMO; COO Skip Sanzeri, long-time Silicon Valley Executive and author of “The Quantum Design Sprint” who has engineered five successful exits; CTO Greg Bullard, former VP of Engineering and head of Hardware Security at Qualcomm; Pete Ford, Head of Federal Operations, formerly a United States Air Force F-15 fighter pilot with five combat tours and former executive in Raytheon’s Missile and Defense Group; and Chief Product Officer Rebecca Krauthamer, who graduated with a degree in symbolic systems from Stanford, and is a Forbes 30 under 30 and 12 Women Pioneering the World of Quantum Computing honoree, quantum board member at the World Economic Forum, and formerly served as CEO of quantum computing venture studio Quantum Thought. QuSecure’s mission is to provide enterprises and government organizations with a comprehensive cryptographic orchestration platform that addresses today’s classical and future quantum threats. Our QuProtect solution secures networks from current vulnerabilities using zero trust, next-generation standardized encryption, active monitoring, and attack remediation – all cloud-delivered in software to existing devices, over existing infrastructure. We are creating an exceptionally secure future using a unique and comprehensive approach to cybersecurity that gives organizations a practical encryption solution for resilience to cyberattacks. Early customers tell us that a SaaS end-to-end PQC approach is optimal to address their critical needs for a practical post-quantum cybersecurity solution. QuProtect is the ‘easy button’ for this critical PQC upgrade.” Krauthamer,QuSecure CEO While quantum computing is an emerging field, leading experts such as Arthur Herman, senior fellow and director of the Quantum Alliance Initiative at The Hudson Institute, believe that a Cryptographically Relevant Quantum Computer (CRQC), which is a quantum computer that can break current cryptography and will expose the world’s encrypted communications and data, will be available within the next 3-5 years. Additionally, nation-state attackers are currently stealing encrypted data which will be retroactively decrypted once a CRQC is available. This is a style of hacking known as “Steal Now, Decrypt Later” (SNDL), which is especially important to consider in the case of sensitive data – bank account information, electronic health records, national security information, etc. – that needs to remain secret for decades. As a result, on May 4, the White House mandated PQC compliance via the National Security Memorandum “Promoting United States Leadership in Quantum Computing While Mitigating Risks to Vulnerable Cryptographic Systems.” Additionally, the bipartisan Endless Frontiers Act would establish a Technology and Innovation Directorate at the National Science Foundation, which would use $100 billion in federal funds over five years to research emerging technologies including quantum computing, and specifically PQC. Organizations will need to follow suit to protect their data and communications from post-quantum cyberthreats. “National Security, Public Safety and Privacy have all collided in the past several years,” said United States Navy (Retired) Rear Admiral Mike Brown, a senior cybersecurity specialist formerly with the Departments of Defense and Homeland Security. “Quantum security with quantum computing and encryption is foundational to public and private sector efforts to counter nation states, rogue actors, criminals and others. We must counter serious threats with advanced technologies that can be easily deployed and are successful. QuSecure is leading in this field, and I’m thrilled to be part of their advisory team.” QuSecure, with focus on adoption, easy upgrade, and modern cyber-protection practices, architected QuProtect as a more resilient PQC platform that works anytime, anywhere and on any device. The company provides an end-to-end quantum security as a service (QSaaS) architecture that addresses the digital ecosystem’s most vulnerable aspects, uniquely combining zero-trust, next-generation post-quantum-cryptography, quantum-strength keys, high availability, easy deployment, and active defense into a comprehensive and interoperable cybersecurity suite. The comprehensive approach is designed around the entire data lifecycle as data is stored, communicated, and used. In addition to its expert team of founders and employees, QuSecure has collected an all-star quantum and cryptography advisory team. Advisors (partial list) include Rene Haas, CEO of Arm Ltd., a Fortune 500 leader in designing, securing and managing all areas of AI-enhanced connected compute; United States Navy (Retired) Rear Admiral Mike Brown, a senior cybersecurity specialist formerly with the Departments of Defense and Homeland Security; Paul Touw, formerly Chief Strategist for the US Department of State and founder of Ariba Networks (now SAP Ariba); Dr. Sarah McCarthy, Postdoctoral Researcher at the University of Waterloo and specialist in post-quantum cryptography; Laura Thomas, former CIA Chief of Base with more than 17 years in various national security and leadership roles and currently VP of Corporate Strategy at ColdQuanta, a quantum computing and sensing company; John Cosgriff, CEO at UnitedHealthOne, part of UnitedHealth Group, the world’s largest healthcare company; Louie Gasparini, former CTO & VP of Product Management at RSA; and Moshe Ben Simon, VP of Products at Fortinet. “The security community is facing a crucial time where cutting-edge research needs to be accelerated to the stage of product deployment,” added Dr. McCarthy. “With its diverse team of experts, determination and resources, QuSecure is well-equipped for this challenge.” About QuSecure QuSecure is an innovator in post-quantum cybersecurity with a mission to protect enterprise and government data from quantum and classical cybersecurity threats. Its patent-pending, quantum-safe solutions provide an easy transition path to quantum resiliency across any organization. The company’s QuProtect solution is the industry’s first PQC software-based platform uniquely designed to protect encrypted communications and data with quantum-resilience using a quantum secure channel. QuSecure has current customer deployments in banking/finance, healthcare, space/satellite, IT/data enterprises, datacenters and various Department of Defense agencies. QuSecure is investor backed and has offices in Silicon Valley. QuSecure and QuProtect are registered trademarks of QuSecure in the United States and other countries. All other company and product names are either trademarks or registered trademarks of their respective companies.

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