Donald Trump's tariff push squeezes US businesses and consumers

Money Control | May 07, 2019

The first time President Donald Trump threatened tariffs on the luggage that Tiffany Williams imports for her Texas store, she stockpiled high-end suitcases and other products ahead of the deadline to protect profits. This time, she may not have that option. Trump on May 5 vowed to lift tariffs on $200 billion of Chinese imports to 25 percent from 10 percent by the end of this week if no trade pact is sealed between the world's two largest economies. Williams sources about 85 percent of the products for her business, Luggage Shop of Lubbock, from China, and she bought heavily before Trump's first round of 10 percent hit last fall.

Spotlight

Agencies Need 21st Century Technology For the past several years, the White House has issued a string of mandates to modernize how Federal Agencies procure and use information technology.

Spotlight

Agencies Need 21st Century Technology For the past several years, the White House has issued a string of mandates to modernize how Federal Agencies procure and use information technology.

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EMERGING TECHNOLOGY

Pyramid and Carahsoft Partner to Bring Decision Intelligence to Government Agencies

Carahsoft | October 21, 2022

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EMERGING TECHNOLOGY, CYBERSECURITY

OpenText partners with MAD Security to improve response time to cyberthreats and shrink the attack surface

Open Text Corporation | October 20, 2022

Today, OpenText™ (NASDAQ: OTEX), (TSX: OTEX), a global leader in information management with an extensive security solution portfolio, announced a partnership between OpenText Network Detection & Response (NDR) technology and MAD Security. This joint solution from OpenText and MAD Security will empower customers to cut false positive security alerts significantly and protect sensitive government data against advanced cyber threats. MAD Security, a managed security service provider (MSSP) that helps contractors and other small and medium sized enterprises detect potential breaches and prevent attackers from disrupting operations or exfiltrating data, knows firsthand that government contractors are a prime target for cyber-attacks, from phishing and social engineering to malware and ransomware. To strengthen its cybersecurity capabilities, MAD Security decided to augment its offering with NDR capabilities. The aim was to continuously monitor and analyze raw enterprise network traffic, creating a baseline of network behavior that would help analysts hunt down emerging threats faster. "In the past, MAD Security has relied on an anomaly-based intrusion detection system to find indicators of compromise (IOCs). While this approach was effective for analyzing north-south traffic across small networks, it was a challenge to pinpoint IOCs across larger networks with significant volumes of east-west traffic, If we could reduce the time our analysts spent drilling down into the data, we could accelerate our response and improve cost efficiency—ultimately providing a more competitive service. Working with OpenText, we can now detect and correlate events, investigate the data and notify the client in an average of just 6.5 minutes—less than half of SLA." -Jeremy Conway, CEO at MAD Security. MAD Security selected OpenText NDR because of the level of visibility it provides. The company can now look beyond individual subsets of endpoint and log data to build up a clear picture of what happened and when during an attack—even if the network traffic is encrypted. MAD Security uses OpenText NDR to make sure remediation efforts are successful, for example, by monitoring for new IOCs during its cleanup effort to detect whether the attacker is changing tactics or switching to an alternate toolset. An end-to-end network security platform, OpenText NDR simplifies network threat detection by combining smart packet capture (Smart PCAP) and rich network metadata generation, delivering a clear view of even the most complex networks. With OpenText NDR, MAD Security can gain insights faster than ever through deep packet inspection, behavioral anomaly detection, IOC matching, and AI-powered analytics. "We are thrilled to be able to count MAD Security among our many incredible customers and are proud to see not just our solutions working for the organization but also be part of its growth and success, By supporting MAD Security with OpenText NDR, we were able to help the company achieve its growth target while keeping its analyst team lean." -Muhi Majzoub, Executive Vice President and Chief Product Officer at OpenText. About OpenText: OpenText, The Information Company™, enables organizations to gain insight through market leading information management solutions, powered by OpenText Cloud Editions.

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EMERGING TECHNOLOGY, GOVERNMENT BUSINESS, CYBERSECURITY

Electrosoft Awarded $11.7M GSA Contract to Improve Identity, Credential and Access Management (ICAM) Governance and Solutions

Electrosoft | September 19, 2022

Electrosoft Services, Inc., an award-winning federal IT and professional services firm specializing in cybersecurity, announced today it has been awarded an $11.7 million prime contract from the General Services Administration (GSA) Office of Government-wide Policy (OGP), Identity Assurance and Trusted Access Division (IATAD). The IATAD coordinates the government-wide civilian agency execution of ICAM policies and standards to align with the Federal ICAM (FICAM) Architecture. Electrosoft will support IATAD programs to assure the availability of a consistent and effective set of ICAM policies, standards and governance practices and compliant, interoperable and secure ICAM products and solutions in the marketplace. Under the newly awarded Federal Public Key Infrastructure (FPKI) Subject Matter Expert (SME) Support Services contract, Electrosoft will assist IATAD with development, management and execution of the division's responsibilities from an innovative and strategic perspective, including: FPKI policy and operational governance including support to the FPKI Policy Authority (FPKIPA) and associated working groups; Strategy development for test and evaluation of shared ICAM solutions under the FIPS 201 Evaluation Program, including operating the Physical Access Control Systems (PACS) test laboratory; and Guidance and playbook creation based on the FICAM Architecture and identity management policies, standards and initiatives. "GSA leads the field in delivering government-wide trust services and ICAM solutions that enable agencies to better achieve their mission goals, Under this contract, Electrosoft will leverage more than 16 years of FPKI and ICAM thought leadership to provide the GSA OGP IATAD with support and subject matter expertise to meet their mission objectives." -Dr. Sarbari Gupta, Electrosoft CEO. About Electrosoft: Electrosoft delivers comprehensive technology-based solutions and services that propel mission success for federal government customers. Specializing in cybersecurity, Electrosoft supports civilian and defense organizations in advancing cybersecurity postures, modernizing technology ecosystems and adopting agile approaches to improve operational efficiency and security. Recognized for deep domain knowledge and mature management practices, the company is rated at Maturity Level 3 for CMMI-DEV and CMMI-SVC and is certified under ISO 9001, ISO 20000-1 and ISO 27001. The rapidly growing 8(a), economically disadvantaged, women-owned small business (EDWOSB) and WOSB is headquartered in Reston, Virginia.

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