U.S. stock futures fall after Saudi oil attacks

Reuters | September 16, 2019

U.S. stock futures fell 0.3% percent when trading resumed on Sunday, a day after attacks on Saudi oil facilities that risk disrupting global energy supplies. Saturday’s attacks knocked out more than half of Saudi oil output, or more than 5% of global supply. S&P 500 e-mini futures initially fell 0.59%, but cut their losses and were last down 0.3%. “I would expect a rough day for stocks tomorrow since this attack largely came out of the blue,” said Nicholas Colas, Co-founder of DataTrek Research. “I’m not overly concerned that it’s more than a one-day move, though. We’re not yet talking about a large-scale military intervention in the region.”

Spotlight

Announcing the 2016 Prize Winners. September 14, 2016.The City of Santa Monica receives the Robert Wood Johnson Foundation Culture of Health Prize on September 14, 2016.The Robert Wood Johnson Foundation announced the seven communities selected to receive the 2016 RWJF Culture of Health Prize. The winning communities were chosen from a group of nearly 200 applicants.

Spotlight

Announcing the 2016 Prize Winners. September 14, 2016.The City of Santa Monica receives the Robert Wood Johnson Foundation Culture of Health Prize on September 14, 2016.The Robert Wood Johnson Foundation announced the seven communities selected to receive the 2016 RWJF Culture of Health Prize. The winning communities were chosen from a group of nearly 200 applicants.

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GOVERNMENT FINANCE

Canvass AI Accelerates Expansion with Completion of US $14.23 Million Series A Funding

FedDev Ontario | August 10, 2022

Canvass Analytics Inc. ("Canvass AI"), a leader in industrial AI software, today announced the completion of its previously reported Series A financing with an extension of US $7.73 million, led by Yamaha Motors Ventures and a CDN $5.7 million (US $4.43 million) repayable loan from the Government of Canada, through the Federal Economic Development Agency for Southern Ontario (FedDev Ontario). The Series A extension will fuel the company's mission to empower industrial workforces to drive impact across their operations with the power of Industrial AI. "The completion of our Series A endorses our go-to-market strategy and the acceptance of our solution in market. Today, leading industrials and manufacturers are using our patented Canvass AI platform to solve challenges that have plagued their operations for decades. This, in turn, is providing a positive impact to their productivity, profitability, and sustainability goals, This additional financing places us in a solid position to achieve our growth plans and accelerate AI adoption in large and mid-cap industrial companies." -Humera Malik, CEO of Canvass AI. As previously announced, the FedDev loan will enable the company to expand its diverse and inclusive workforce in Ontario as the company accelerates its growth with industrial companies who are rapidly adopting and scaling AI across their operations. "Our government believes that protecting our environment and fighting climate change is not only the right thing to do for the planet but also for our economy. The Government of Canada is proud to support tech companies like Canvass AI in the important work they are doing to reduce the environmental impact of major industries as we move toward net-zero emissions." -Honourable Helena Jaczek, Minister responsible for the Federal Economic Development Agency for Southern Ontario. Canvass AI's laser focus on enabling industrial companies to achieve their performance goals faster with the power of AI is filling a gap in the market that industrial companies have been searching for. We are excited by Canvass AI's strategy to empower industrial engineers as the change makers of Industry 4.0 so that the industrials can extend their competitive advantage, reduce costs, and advance their sustainability initiatives, commented Anish Patel, COO and Managing Director of Yamaha Motor Ventures. Canvass AI's customers span the oil and gas, chemical and petrochemical, metals and mining, and energy sectors, all of which contribute significantly to the global economy and will play key roles in combating climate change. The Canvass AI platform provides industrial engineers with easy-to-use AI solutions to apply and scale across their operations that address their operational challenges, without requiring coding or data science expertise. Today, leading companies use Canvass AI to reduce carbon emissions and waste, improve yields, optimize facility operations, improve asset reliability and integrity, and optimize energy consumption. About Canvass AI: Canvass AI is a leading industrial AI software provider that puts the power of AI in the hands of industrial workforces to solve day-to-day operational problems. Some of the world's largest companies use Canvass AI's patented Industrial AI Platform to reduce carbon emissions and waste, improve yields, and optimize facility operations. Backed by Alphabet and Yamaha Motor Ventures, the Company is recognized by CB Insights as one of the world's top 50 technology companies that is advancing manufacturing. About FedDev Ontario: For 13 years, the Government of Canada, through FedDev Ontario, has worked to advance and diversify the southern Ontario economy through funding opportunities and business services that support innovation, growth and job creation in Canada's most populous region. The Agency has delivered impressive results, which can be seen in southern Ontario businesses that are creating innovative technologies, improving productivity, growing revenues, creating jobs, and in the economic advancement of communities across the region.

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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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CYBERSECURITY

SecurityScorecard Partners with The National Association of Counties to Improve Cybersecurity Posture of Local Governments Across the U.S.

SecurityScorecard | July 19, 2022

In its ongoing effort to improve the security posture of federal, state and local government agencies, SecurityScorecard, the global leader in cybersecurity ratings, today announced a partnership with The National Association of Counties (NACo). Through this partnership, U.S. county governments will gain access to SecurityScorecard’s cybersecurity ratings platform to monitor and improve cybersecurity risk. NACo successfully piloted SecurityScorecard’s cybersecurity ratings platform, which involved 38 counties. SecurityScorecard’s platform is now available in the NACo County Tech Xchange, an online portal that connects more than 800 county CIOs, IT directors, CISOs and other county IT leadership. The portal provides resources that enable counties to improve their technology infrastructure. “We are committed to helping government entities in keeping their communities secure,” said Sachin Bansal, Chief Business and Legal Officer, SecurityScorecard. SecurityScorecard collects and analyzes global threat signals that give organizations instant visibility into the security posture of vendors and business partners as well as the capability to do a self-assessment of their own security posture. The technology continuously monitors 10 groups of risk factors to instantly deliver an easy-to-understand A-F rating. “Working with SecurityScorecard will enable us to improve the overall health of county networks and provide immediate access to information about cyber threats and risks, not only for county networks but also for third-party partners,” said Rita Reynolds, CIO of NACo. “This expansive approach offers sophisticated, real-time data that enhances counties’ capacity to monitor and protect critical assets.” In recent months, SecurityScorecard has established partnerships with the New York Department of Financial Services and U.S. state banking regulators via the Conference of State Banking Supervisors. In addition, SecurityScorecard has significantly increased its work with multiple congressional committees, federal and state agencies, and local authorities and meets regularly with government agencies for policy and operational collaboration, including threat intelligence briefings for major government agencies. SecurityScorecard is a founding member of the Institute for Security & Technology and the only security ratings provider to participate in the Institute’s cross-industry Ransomware Task Force. SecurityScorecard will participate in the NACo 2022 Annual Conference being held July 21 – 24. This is the largest meeting of county officials who will collaborate on NACo’s federal policy agenda, share proven practices and strengthen knowledge to help improve residents’ lives and the efficiency of county government. For more information on the SecurityScorecard cybersecurity ratings platform or to request a demo, please visit www.securityscorecard.com. About SecurityScorecard Funded by world-class investors including Evolution Equity Partners, Silver Lake Waterman, Sequoia Capital, GV, Riverwood Capital, and others, SecurityScorecard is the global leader in cybersecurity ratings with more than 12 million companies continuously rated. Founded in 2013 by security and risk experts Dr. Aleksandr Yampolskiy and Sam Kassoumeh, SecurityScorecard's patented rating technology is used by over 30,000 organizations for enterprise risk management, third-party risk management, board reporting, due diligence, cyber insurance underwriting, and regulatory oversight. SecurityScorecard is the first cybersecurity ratings company to offer digital forensics and incident response services, providing a 360-degree approach to security prevention and response for its worldwide customer and partner base. SecurityScorecard continues to make the world a safer place by transforming the way companies understand, improve and communicate cybersecurity risk to their boards, employees and vendors. Every organization has the universal right to their trusted and transparent Instant SecurityScorecard rating.NACo successfully piloted SecurityScorecard’s cybersecurity ratings platform, which involved 38 counties. SecurityScorecard’s platform is now available in the NACo County Tech Xchange, an online portal that connects more than 800 county CIOs, IT directors, CISOs and other county IT leadership. The portal provides resources that enable counties to improve their technology infrastructure. “We are committed to helping government entities in keeping their communities secure.” -Sachin Bansal, Chief Business and Legal Officer, SecurityScorecard. SecurityScorecard collects and analyzes global threat signals that give organizations instant visibility into the security posture of vendors and business partners as well as the capability to do a self-assessment of their own security posture. The technology continuously monitors 10 groups of risk factors to instantly deliver an easy-to-understand A-F rating. “Working with SecurityScorecard will enable us to improve the overall health of county networks and provide immediate access to information about cyber threats and risks, not only for county networks but also for third-party partners, This expansive approach offers sophisticated, real-time data that enhances counties’ capacity to monitor and protect critical assets.” -Rita Reynolds, CIO of NACo. In recent months, SecurityScorecard has established partnerships with the New York Department of Financial Services and U.S. state banking regulators via the Conference of State Banking Supervisors. In addition, SecurityScorecard has significantly increased its work with multiple congressional committees, federal and state agencies, and local authorities and meets regularly with government agencies for policy and operational collaboration, including threat intelligence briefings for major government agencies. SecurityScorecard is a founding member of the Institute for Security & Technology and the only security ratings provider to participate in the Institute’s cross-industry Ransomware Task Force. SecurityScorecard will participate in the NACo 2022 Annual Conference being held July 21 – 24. This is the largest meeting of county officials who will collaborate on NACo’s federal policy agenda, share proven practices and strengthen knowledge to help improve residents’ lives and the efficiency of county government. About SecurityScorecard- Funded by world-class investors including Evolution Equity Partners, Silver Lake Waterman, Sequoia Capital, GV, Riverwood Capital, and others, SecurityScorecard is the global leader in cybersecurity ratings with more than 12 million companies continuously rated. Founded in 2013 by security and risk experts Dr. Aleksandr Yampolskiy and Sam Kassoumeh, SecurityScorecard's patented rating technology is used by over 30,000 organizations for enterprise risk management, third-party risk management, board reporting, due diligence, cyber insurance underwriting, and regulatory oversight. SecurityScorecard is the first cybersecurity ratings company to offer digital forensics and incident response services, providing a 360-degree approach to security prevention and response for its worldwide customer and partner base. SecurityScorecard continues to make the world a safer place by transforming the way companies understand, improve and communicate cybersecurity risk to their boards, employees and vendors. Every organization has the universal right to their trusted and transparent Instant SecurityScorecard rating.

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