Tariffs, trade tensions worry Fortune 500 CEOs: U.S. Chamber of Commerce

Reuters | December 19, 2019

Tariffs and trade tensions are a huge source of worry for U.S. companies, with nearly half of Fortune 500 companies referencing such concerns during last quarter’s earnings calls, the U.S. Chamber of Commerce said on Thursday. Tariffs or trade tensions and their impact on business performance were referenced 1,150 times during 188 of the 437 calls discussing quarterly financial results recorded from late August to late November, a study conducted by the Chamber showed. The highest level of concern was voiced by the retail sector, which has been hit hard by tariffs over the last 17 months, followed by manufacturing firms, and transportation and logistics companies, the Chamber said. The group, which represents over 3 million U.S. companies, said its findings tracked with results seen in the previous quarter, underscoring ongoing deep concerns about current and potential trade conflicts.

Spotlight

Spotlight

Related News

EMERGING TECHNOLOGY, CYBERSECURITY

Idemia Identity And Security North America Selected As Provider Of Tsa's Next Generation Credential Authentication Technology

Prnewswire | May 05, 2023

IDEMIA Identity and Security (I&S) North America, the leading provider of biometrics and secure identity solutions to federal, state, and local government agencies, is pleased to announce they have been awarded a contract by the Transportation Security Administration (TSA) for the next generation Credential Authentication Technology (CAT). The contract ceiling is $128M with a period of performance over seven years. CAT is utilized by the TSA to ensure ID authentication* and confirm boarding pass and Secure Flight pre-screening status at the airport security checkpoint. CAT provides enhanced fraudulent ID detection capabilities while confirming the identity and flight information of travelers and is currently being utilized at approximately 200 airport locations nationwide. The next generation CAT, CAT 2, enhances security screening and enables a touchless experience through biometric technology that includes face match ** and acceptance of digital identity credentials, like Mobile ID. "CAT is one of the most innovative programs we have worked on at IDEMIA, and we are proud to continue building robust identity validation and verification technologies for our partners at TSA, supporting our Homeland's security mission," said Donnie Scott, CEO, IDEMIA I&S North America. "The CAT program is setting the standard for us in our public private partnerships across government. Earlier this year we delivered our 2,054th CAT unit to the TSA, a milestone truly representing our team's hard work, dedication and subject matter expertise in identity and security." IDEMIA I&S North America has also been an authorized TSA PreCheck® enrollment provider since 2013, processing enrollments for over 17 million travelers to date. About IDEMIA Identity and Security (I&S) North America IDEMIA I&S North America is a leader in identity security and authentication services to governments and private companies, operating in North America. Our mission is to Unlock the World, Make It Safer - helping people access what matters most, more quickly, more safely, and more securely, in both the physical and the digital worlds. Our best-in-class technology helps to authenticate and secure physical and digital transactions. IDEMIA is recognized by the National Institute of Standards (NIST) as a top-ranking participant in the Institute's passenger facilitation simulation testing as well as in its regular Face Recognition Vendor Test (FRVT) rankings, reinforcing the trustworthiness and reliability of IDEMIA's facial recognition solutions for government and consumers alike.

Read More

CYBERSECURITY

ID.me and Carahsoft Partner to Provide Trusted Identity Solutions to Government Agencies

Globenewswire | April 13, 2023

ID.me, the secure digital identity network, and Carahsoft Technology Corp., The Trusted Government IT Solutions Provider®, today announced a partnership. Under the agreement, Carahsoft will serve as ID.me’s Master Government Aggregator®, making its identity solutions and expansive pre-verified network available to the Government through Carahsoft’s reseller partners, GSA Schedule, and the ITES-SW2 contracts. “We are excited to work with Carahsoft and its reseller partners to expand the acquisition pathways by which agencies can partner with ID.me,” said Derrick Roberts, Director of Business Development at ID.me. “With this new partnership, agencies will have greater choice in the way they procure ID.me products and services. Recognizing that Carahsoft is a leader in Public Sector technology distribution, we couldn’t be more thrilled to work with them to deliver our solutions to even more customers.” ID.me helps agencies improve security, end-user experience, and equitable access for online services by offering identity verification services and digital wallets that are conformant with Federal guidelines. ID.me increases equitable access to online services by being the only identity verification service to maintain its compliance with the NIST Federal Digital Identity Guidelines while offering three pathways to verification. Furthermore, ID.me protects agencies against fraud by providing an end-to-end suite of controls that can counter social engineering and other vulnerabilities. “With the increased number of digital applications for Government services, agencies are in need of reliable and secure digital identity verification technology that helps them meet security and equity objectives without compromise,” said Rich Maigue, Sales Director who leads the ID.me Team at Carahsoft. “We look forward to working with our resellers to make ID.me’s products and services accessible to agencies across the Public Sector.” ID.me’s products and services are now available through Carahsoft’s GSA Schedule No. 47QSWA18D008F, and ITES-SW2 Contract W52P1J-20-D-0042. The dedicated Cybersecurity team at Carahsoft specializes in providing Federal, State and Local Government agencies and Education and Healthcare organizations with security solutions to safeguard their cyber ecosystem. About Carahsoft Carahsoft Technology Corp. is The Trusted Government IT Solutions Provider®, supporting Public Sector organizations across Federal, State and Local Government agencies and Education and Healthcare markets. As the Master Government Aggregator® for our vendor partners, we deliver solutions for Cybersecurity, Geospatial Intelligence, MultiCloud, DevSecOps, Big Data, Artificial Intelligence, Open Source, Customer Experience and more. Working with resellers, systems integrators and consultants, our sales and marketing teams provide industry leading IT products, services and training through hundreds of contract vehicles. About ID.me ID.me provides identity verification, authentication, and community affiliation for 102 million users, enabling access to more than 620 client partners, including 14 federal agencies and 35 state agencies. ID.me's omnichannel, consumer-centric model of identity improves user experience, makes existing workflows more efficient, increases equitable access for underserved populations, and promotes trust in online transactions. It accomplishes these by making secure, high-assurance identity verification portable across its network of users and supported organizations – one secure login for a user’s digital life. Companies and government agencies can have increased access and increased security without compromise. ID.me’s model also puts users in control of their data, helping companies and government agencies meet their privacy objectives as well. To promote security of its network, ID.me meets the federal standards for consumer authentication and is independently assessed to be conformant with NIST 800-63-3 IAL2 / AAL2 guidelines by the Kantara Initiative. It also holds multiple security certifications including a Federal Risk and Authorization Management Program (FedRAMP) Moderate Authority to Operate (ATO), SOC 2 Type II, and ISO27001:2013. ID.me strives towards its mission of "No Identity Left Behind" to enable all people to have secure access to online services.

Read More

EMERGING TECHNOLOGY, CYBERSECURITY

Tanium Achieves StateRAMP Authorization

Businesswire | May 12, 2023

Tanium, the industry’s only provider of converged endpoint management (XEM), today announced that Tanium Cloud for U.S. Government (TC-USG) is now authorized for the State Risk and Authorized Management Program (StateRAMP). StateRAMP was founded in 2020 from the need to provide a uniform approach to verifying that cloud services providers met the established standards and regulations required to do business with state and local governments. As a registered 501(c)(6) organization, StateRAMP is committed to making the digital landscape a safer and more secure place. Tanium’s own StateRAMP certification marks the company’s continued investment in providing state and local government departments greater certainty around IT and security systems tasked with safeguarding constituent services, sensitive information, assets, and work sites. By consolidating point-solution capabilities into a single platform delivered via the cloud, TC-USG will enable agencies to mitigate risks from cyberattacks and ensuing data breaches while reducing complexity and cost across many environments. “We have long been focused on strengthening cybersecurity and IT oversight for our state, local, and education organizations here at Tanium,” said Jennifer Axt, vice president of the U.S. SLED practice at Tanium. “StateRAMP authorization is the latest milestone confirming Tanium as the vendor of choice for visibility, control, and remediation across IT and security stacks for government teams so they can focus on what matters most: serving constituents and educating students.” Recent regulations and requirements have placed an emphasis on government organizations to retire outdated hardware and software, creating a need to leverage cloud technology and embrace digital transformation. TC-USG delivers the complete functionality of the Tanium XEM platform as a fully managed, cloud-based service, enabling state and local entities to use the power of XEM with no additional infrastructure. The single Tanium agent deployed on the endpoints and managed via the cloud platform converges multiple point solutions spanning asset discovery and inventory, endpoint management, certificate management, unified policy configuration, digital employee experience, risk, compliance, and incident response. These solutions, with built-in automation, will enable agencies to improve their security posture, ensure compliance, reduce complexity, decrease costs, and improve efficiency and collaboration among IT, risk, and security teams. “As a former deputy state CIO, I understand the constant threat of cyberattack that our state IT leaders face,” said Chris Cruz, Tanium’s public sector CIO. “With states leaning more heavily toward cloud-enabled service offerings, and even requiring it for new software procurements, solutions like the Tanium XEM platform are critical to mitigate risk in real time and achieve complete endpoint visibility across increasingly complex IT landscapes. With StateRAMP, we’re able to continue supporting local and statewide agencies with a level of security designed to combat today’s threats.” Tanium was granted StateRAMP authorized status after successfully completing all security and system validations set by program administrators. The company currently supports more than 20 U.S. states in their goals of achieving a holistic, real-time view across their IT landscape including the state of Arizona, Tanium’s StateRAMP sponsor, whose Department of Homeland Security selected Tanium XEM for the state’s award-winning cyber readiness program. Tanium has also been an active leader in the whole-of-state (WoS) movement and continues to offer best practices, guidance, and consolidated tools for other states pursuing similar approaches to cybersecurity and IT management. By validating state and local agencies’ cyber posture with unparalleled visibility of all hardware and software assets, risk dashboards, role-based access controls, and a source of truth for asset data across multiple department levels, the Tanium XEM platform supports a WoS security strategy. About Tanium Tanium, the industry’s only provider of converged endpoint management (XEM), is the reference platform of choice to manage complex security and technology environments. Only Tanium protects every endpoint from cyber threats by integrating workflows across IT, Risk, Compliance, and Security into a single platform that delivers comprehensive visibility across devices, a unified set of controls, real-time remediation, and a common taxonomy for a single shared purpose: to protect critical information and infrastructure at scale. Tanium has been named to the Forbes Cloud 100 list for seven consecutive years and ranks for the second consecutive year on the Fortune 100 Best Companies to Work For. In fact, more than half of the Fortune 100 and the U.S. Armed Forces trust Tanium to protect people; defend data; secure systems; and see and control every endpoint, team, and workflow everywhere.

Read More