Taiwan's TSMC to build Arizona chip plant as U.S.-China tech rivalry escalates

TSMC | May 15, 2020

Taiwan Semiconductor Manufacturing Co Ltd, the biggest contract chipmaker, said it plans to build a $12 billion factory in Arizona in an apparent win for the Trump administration’s efforts to wrestle global tech supply chains back from China. The plan, which will create over 1,600 jobs, comes as U.S. President Donald Trump steps up criticism of Chinese trade practices and Beijing’s handling of the novel coronavirus ahead of the Nov. 3 U.S. presidential election.

Spotlight

Numerous academic studies document that retail investors make systematic “mistakes” in assessing the risk and return characteristics of their portfolios. In this paper, I introduce a computing tool which can help individuals better assess these characteristics by displaying simulated portfolio returns. This paper features a demo version of this calculator for the federal government’s Thrift Savings Plan. The output shows that riskier investments can lead to higher wealth outcomes than less risky investments although this outperformance is sensitive to assumptions about the mean return, particularly at long horizons. In addition, the risk of such investments does not decrease but rather increases with time horizon.

Spotlight

Numerous academic studies document that retail investors make systematic “mistakes” in assessing the risk and return characteristics of their portfolios. In this paper, I introduce a computing tool which can help individuals better assess these characteristics by displaying simulated portfolio returns. This paper features a demo version of this calculator for the federal government’s Thrift Savings Plan. The output shows that riskier investments can lead to higher wealth outcomes than less risky investments although this outperformance is sensitive to assumptions about the mean return, particularly at long horizons. In addition, the risk of such investments does not decrease but rather increases with time horizon.

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GOVERNMENT BUSINESS

SyncDog Announces Partnership with Deltek Marketplace to Empower Compliance

SyncDog Inc. | November 10, 2021

SyncDog, Inc., the leading Independent Software Vendor (ISV) for next generation mobile security and data loss prevention, today announced that they are joining Deltek's Marketplace, to bring the first fully integrated end-to-end mobile security solution to global enterprises and government agencies. Through this partnership with Deltek, the leading global provider of software and solutions for project-based businesses, SyncDog will help government contractors and other organizations rapidly deploy a zero-trust security framework across their mobile endpoint landscape to comply with the requirements outlined in the Cyber Maturity Model Certification (CMMC), NIST 800-171 and other regulations focused on data protection and privacy. Organizations in both the public and private sectors are consuming and generating more mobile data than ever before, and current device policies fall far short on security, compliance, and productivity. As a result, the U.S. Federal Government is now demanding all organizations that access or share government data – including commercial companies that do contract-based work for the government – go to great lengths to prove that government data is only being viewed and shared with only those who are authorized to use it. The ability of these institutions to achieve compliance and adopt the cybersecurity and data protection standards outlined in industry frameworks is more critical than ever. SyncDog's Secure.Systems, provides a holistic, zero-trust approach that helps bring organizations into compliance with CMMC, NIST 800-171 and other cyber and data privacy regulations without requiring a trade-off in security and productivity. SyncDog's unified Trusted Mobile Workspace (TMW) provides validated FIPS 140-2 level security against advanced mobile cyber threats and streamlines device management to make achieving compliance with internal and external regulations an easy step. "SyncDog is thrilled to expand access to our next generation, zero-trust mobility solution to the unique security requirement government contractors now need to resolve. As seen most recently with the Pegasus spyware attacks, mobile phones are being heavily targeted by cybercriminals. Our addition to the Deltek Marketplace will help equip organizations with the critical mobile security, compliance, and productivity tools they need to continue – and improve - business operations securely and efficiently. Government contractors and other organizations will have peace of mind knowing that our technology has simplified the process of complying with emerging regulations, and maybe more importantly, greatly minimized their attack surface while enabling autonomy and data privacy for employees." Brian Egenrieder, Chief Revenue Officer at SyncDog SyncDog leverages a validated FIPS 140-2, AES 256-bit encrypted container that houses corporate and government email, files, and apps on employees' mobile devices. SyncDog's Secure.Systems is a Zero-Trust end-to-end mobile security workspace that has multiple components, including Mobile Device Management, Secure Enterprise Messaging, Mobile Threat Defense, Private App Store and Containerization. With organizations looking to achieve CMMC and NIST 800-171 compliance, SyncDog can simplify the process and ensure employees are equipped with the data and apps they need to do their job, with the device they have on hand. Secure.Systems can be seamlessly integrated into any existing mobile device: Android or iOS, Corporate Owned or Personally owned (BYOD), Managed or Un-managed. SyncDog will be able to simplify the process of achieving compliance without hindering productivity. About SyncDog Inc. SyncDog is the leading ISV for building mobile frameworks that extend app functionality to devices while securing corporate and government networks from mobile-endpoint threats. SyncDog's flagship solution, Secure.Systems, delivers a rich and unimpeded mobile experience for employees working remotely, and supports a multitude of enterprise productivity apps within a NIST-certified (FIPS 140-2 cert. #2687) workspace. Secure.Systems is ideal for organizations that want to deliver a rich mobile app experience across BYOD, CYOD (choose your own device), or other endpoint device policy. Secure.Systems is a natural complement to security and compliance auditing initiatives to satisfy the mandates of HIPAA, GDPR, PCI DSS, GLBA, FISMA, and other laws/standards for data security.

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CYBERSECURITY

Trend Micro Formalizes Business Unit for U.S. Federal Agencies' Specific Needs

Trend Micro Incorporated | May 30, 2022

With the development of a dedicated U.S. Federal business unit, Trend Micro Incorporated, a worldwide cybersecurity pioneer, confirms its position as the security partner of choice. The company is committed to expanding its mission to U.S. federal agencies and citizens by securing data as it moves to the cloud, particularly for major investment and specialist recruitment. he business unit in Washington, DC, focuses on protecting digital transformation, zero-trust implementation, and cloud migrations that meet the needs of federal agencies. Customers benefit from a carefully chosen roster of government cybersecurity professionals, which includes hundreds of government institutions around the world, including current U.S. Federal agencies. Former government cyber executives, specialized support teams, and cyber threat researchers are among them. David Chow, Chief Technology Strategy Officer and former federal government CIO and CISO with decades of experience as a government practitioner and leader. Ed Cabrera, Chief Cybersecurity Officer and former CISO of the U.S. Secret Service, who has managed cybersecurity strategy and alignments with federal departments. Chris Radosh, Vice President and General Manager of the Business Unit, is a proud veteran with over 25 years of experience operating technology enterprises and forming cybersecurity collaborations with federal agencies. Cybercriminals are constantly targeting the heart of U.S. national security. According to a recent study, governments worldwide have been targeted by ransomware more than any other industry. Trend Micro is confident in its goal to secure the connected world, and it is particularly committed to safeguarding the country's core. Trend Micro has the most customers and threat data from all over the world, and governments all over the world have relied on the company for decades. Trend Micro has a demonstrated commitment to providing customizable information security for the federal government. Federal agencies and organizations need flexible, scalable security solutions that fit into their overall goals to manage risk. Our long-standing relationship with Trend Micro includes a fundamental security software used in Coalfire's Accelerated Cloud Engineering (ACE) offering. We are most grateful for this extraordinary partnership." Coalfire's Business Development Director, Chris Krueger

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GOVERNMENT BUSINESS

MongoDB Atlas for Government Achieves FedRAMP Compatibility Upon Release

MongoDB | June 30, 2021

MongoDB, Inc., the premier contemporary general-purpose database platform, announced that it is FedRAMP Ready for Agency Authorization. Additionally, MongoDB Atlas for Government, a newly available document database service accessible in AWS GovCloud (U.S.) and AWS US East/West regions, has received FedRAMP Ready certification. MongoDB Atlas for Government is a specialized ecosystem for government requirements that enable agencies to develop and iterate more quickly. This new solution simplifies the deployment, operation, and scaling of MongoDB for contemporary applications in a FedRAMP Ready environment, allowing customers to satisfy the most strict regulatory security and privacy requirements. FedRAMP is a U.S. government initiative that offers a standardized cloud security assessment, authorization, and continuous monitoring. Obtaining FedRAMP Ready status is a significant indication of success for full FedRAMP approval, and it indicates that MongoDB's Readiness Assessment Report (RAR) has been accepted. MongoDB is a FedRAMP Ready provider and is listed on the FedRAMP Marketplace. About MongoDB MongoDB is the premier modern, general-purpose database platform built to unleash the potential of software and data for developers and the applications they create. MongoDB, headquartered in New York, has over 26,800 customers in over 100 countries. In addition, the MongoDB database platform has been downloaded over 175 million times, and over 1.5 million people have registered for MongoDB University courses.

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