Trump administration denies possible ouster of Commerce Secretary Ross

Reuters | July 15, 2019

Trump administration denies possible ouster of Commerce Secretary Ross
U.S. Treasury Secretary Steven Mnuchin on Monday denied a media report that President Donald Trump is considering removing Commerce Secretary Wilbur Ross after a Supreme Court defeat on adding a citizenship question to the census. Trump retreated on Thursday from adding a contentious question on citizenship to the 2020 census, but insisted he was not giving up his fight to count how many noncitizens are in the country and ordered government agencies to mine their databases.

Spotlight

The Cybersecurity Strategy and Implementation Plan (CSIP), published by the Office of Management and Budget (OMB) on October 30, 2015, requires that federal agencies use Personal Identity Verification (PIV) credentials for authenticating privileged users. This will greatly reduce unauthorized access to privileged accounts by attackers impersonating system, network, security, and database administrators, as well as other information technology (IT) personnel with administrative privileges. This white paper further explains the need for multifactor PIV-based user authentication to take the place of password-based single-factor authentication for privileged users. It also provides best practices for agencies implementing PIV authentication for privileged users.

Spotlight

The Cybersecurity Strategy and Implementation Plan (CSIP), published by the Office of Management and Budget (OMB) on October 30, 2015, requires that federal agencies use Personal Identity Verification (PIV) credentials for authenticating privileged users. This will greatly reduce unauthorized access to privileged accounts by attackers impersonating system, network, security, and database administrators, as well as other information technology (IT) personnel with administrative privileges. This white paper further explains the need for multifactor PIV-based user authentication to take the place of password-based single-factor authentication for privileged users. It also provides best practices for agencies implementing PIV authentication for privileged users.

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KBR and Adarga Announce Strategic Partnership to Extend AI Capabilities into National Security Sector

KBR | September 14, 2021

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White Oak Commercial Finance Provides $5 Million Factoring Facility to Government Contractor

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White Oak Commercial Finance, LLC , an affiliate of White Oak Global Advisors, LLC, announced it provided a $5 million factoring facility to a Texas-based government contractor specializing in providing support services to the U.S. Government and subcontractors. The transaction was structured against the company’s receivables to fuel its rapid growth and secure new government contracts of increasing size and complexity. “White Oak was able to deliver a flexible and scalable financing solution that will help the company expand and take on new and larger contracts with confidence. We are proud to support this deserving business at such an important stage of its growth.” White Oak Managing Director, Robert Mocerino White Oak is dedicated to helping government contractors make the most of their assets with its federal, state, and local contracting know-how, hands-on consulting, and ready capital up to $250 million. ABOUT WHITE OAK COMMERCIAL FINANCE, LLC White Oak Commercial Finance, LLC (WOCF) is a global financial products and services company providing credit facilities to companies across the economy. WOCF’s solutions include asset-based lending, full-service factoring, lender financing, invoice discounting, government contract financing, supply chain financing, inventory financing, U.S. import/export financing, trade credit risk management, account receivables management and credit and collections support. The firm has offices and personnel throughout the U.S., UK, and Australia, including New York, San Francisco, Charlotte, Washington D.C., Atlanta, Los Angeles, London, Glasgow, and Sydney. WOCF is an affiliate of White Oak Global Advisors, LLC and its institutional clients. ABOUT WHITE OAK GLOBAL ADVISORS White Oak Global Advisors, LLC (WOGA) is a leading alternative debt manager specializing in originating and providing financing solutions to facilitate the growth, refinancing and recapitalization of small and medium enterprises. Together with its financing affiliates, WOGA provides over twenty lending products to the market, including term, asset-based, and equipment loans, to all sectors of the economy. Since its inception in 2007, WOGA and its affiliates have deployed over $10 billion across its product lines, utilizing a disciplined investment process that focuses on delivering risk-adjusted investment returns to investors while establishing long term partnerships with our borrowers.

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