Trump administration eases risks for banks on false lending claims

Reuters | October 29, 2019

The Trump administration said on Monday it would try to entice banks to offer more mortgages to low-income borrowers by reducing reliance on a Civil War-era law the Obama administration used in the wake of the subprime mortgage crisis to build bad-lending cases against big banks. The U.S. Housing and Urban Development (HUD) and Justice Departments announced they had struck an agreement wherein HUD would handle most enforcement of any violations of the 1863 False Claims Act, which the Justice Department had used to extract billions of dollars from banks.

Spotlight

Co-creation: an intimate form of collaboration between end-users (citizens) and the government to bring about a unique blend of new ideas to create value for all. In a world where information is easily available at the touch of one’s fingertips, citizens are becoming savvier and they are demanding for governments to engage them in the curation of government public services.

Spotlight

Co-creation: an intimate form of collaboration between end-users (citizens) and the government to bring about a unique blend of new ideas to create value for all. In a world where information is easily available at the touch of one’s fingertips, citizens are becoming savvier and they are demanding for governments to engage them in the curation of government public services.

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GOVERNMENT BUSINESS

Splunk Receives Provisional Department of Defense Impact Level 5 Authorization

Splunk | September 03, 2021

Splunk Inc. provider of the Data-to-Everything Platform, is proud to announce the U.S. Defense Information Systems Agency (DISA) has granted the Splunk Cloud Platform U.S. Department of Defense (DoD) Impact Level 5 (IL5) Provisional Authorization (PA). U.S. Government agencies are now able to leverage the power of Splunk Cloud Platform to solve their challenging mission-critical problems, even when working with high sensitivity Controlled Unclassified Information (CUI). “The US Government has Splunk’s unwavering commitment to make the strategic investments necessary to meet their often complex mission-critical needs,” said Teresa Carlson, President and Chief Growth Officer at Splunk. “The DoD Impact Level 5 authorization for Splunk Cloud Platform further demonstrates that commitment by providing a secure, cloud compliant platform to enable data-driven decision making and promoting faster innovation.” In today’s digital landscape, cyberattacks continue to rise, focusing on extracting valuable data. With immense amounts of data located across countless enterprise sources, the U.S. Government holds the most sought-after data globally, making it a constant target. The DoD IL5 authorization assures that Splunk Cloud Platform meets DoD security and compliance requirements, allowing agencies to protect their data and take decisive action to help achieve mission success. Splunk Cloud Platform helps public sector organizations gain objective insights from data to make confident decisions and take action at the speed a mission demands. Thousands of public sector agencies worldwide are leveraging Splunk. About Splunk Inc. Splunk Inc. (NASDAQ: SPLK) turns data into doing with the Data-to-Everything Platform. Splunk technology is designed to investigate, monitor, analyze and act on data at any scale.

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CYBERSECURITY

iDirect Government’s Evolution platform has been Enhanced with Information Assurance and Cybersecurity

iDirect Government | November 05, 2020

iDirect Government (iDirectGov), a leading provider of satellite communications to the military and government, today announced that the Evolution® platform has been enhanced with information assurance (IA) and cybersecurity as a part of a multi-layered approach to security. Two main technology advancements in Evolution 4.2.2.0 include SHIELD, a security service for remotes, and Communication Signal Interference Removal (CSIR™), a real-time streaming technology to mitigate interference. These enhancements are fully integrated across iDirectGov’s 9-Series satellite modems. To address vulnerabilities in satellite modems, SHIELD provides periodic IA security updates for the 9-Series modems. These remote-side packages are created using the same capability that the Defense Information Systems Agency's (DISA’s) Assured Compliance Assessment Solution (ACAS) recognizes. When installed, SHIELD addresses vulnerabilities based on the Common Vulnerabilities and Exposures (CVE) and Nessus ID database on the satellite modem and delivers IA posture across the SATCOM network.

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GOVERNMENT BUSINESS

BlackBerry Achieves National Security Agency Approval for BlackBerry UEM

BlackBerry | November 20, 2020

BlackBerry Limited today declared that its BlackBerry® Unified Endpoint Manager (UEM) programming has accomplished National Security Agency (NSA) Commercial Solutions for Classified Program (CSfC) endorsement. The NSA ensures the United States' most basic data and frameworks against cyberattacks. The CSfC is a significant portion of the NSA's technique, guaranteeing that the U.S. government can use the business' generally secure and inventive network safety advancements to achieve their main goal targets. "BlackBerry and the NSA share a common mission to help make the nation safer," said John Chen, Executive Chairman & CEO, BlackBerry. "We are honored to receive approval from the NSA for BlackBerry UEM to be used to protect classified information. This adds to the portfolio of U.S. government certifications BlackBerry has received for UEM, including NIAP, DoDIN APL and FedRAMP." About BlackBerry BlackBerry provides intelligent security software and services to enterprises and governments around the world. The company secures more than 500M endpoints including 175M cars on the road today. Based in Waterloo, Ontario, the company leverages AI and machine learning to deliver innovative solutions in the areas of cybersecurity, safety and data privacy solutions, and is a leader in the areas of endpoint security management, encryption, and embedded systems. BlackBerry's vision is clear - to secure a connected future you can trust.

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