Over 200,000 devices in at least 150 countries had been infected with WannaCry by Sunday, a piece of ransomware that holds your computer hostage until you pay hackers $300 in bitcoin. WannaCry is the largest cyberextortion scheme ever, reports CNet, and experts are warning that many governments are susceptible due to outdated technolo...
Former Director of National Intelligence James Clapper said Sunday that the U.S. government is “under assault” after President Donald Trump’s decision to fire FBI director James Comey. “I think, in many ways, our institutions are under assault, both externally ” and that’s the big news here, is the R...
PAS Technologies, a portfolio company of KRG Capital Partners, has been acquired by StandardAero, a portfolio company of Veritas Capital from Houlihan Lokey. The transaction closed on May 5, 2017. PAS provides OEM and aftermarket aerospace engine components that are able to endure high-wear, high-heat, and corrosive environments. The ...
TYSONS CORNER, VA, May 15, 2017 ” A Deloitte study reports that U.S. aerospace and defense exports continue to grow but at a slower pace in 2016 compared to previous years due to a number of factors in the international market, ExecutiveBiz reported Friday. The company said Thursday A&D accounted for 10 percent of total U.S....
U.S. Defense Advanced Research Projects Agency (DARPA) awarded a grant to UL to help mitigate security risks for cybersecurity testing of the Internet of Things (IoT) and design gateways for industrial control system (ICS) applications. The DARPA grant will enable UL to identify the main areas of an industrial IoT gateway that re...
Mary Lou Prevost, vice president of state and local government and education at CA Technologies (Nasdaq: CA), has said state government agencies should adopt a single identification system coupled with automation platforms to facilitate the delivery of services to citizens. Prevost wrote that an automation-equipped single ID system could help reduce...
Weekly Roundup May 8 – May 12 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson It™s been nearly a decade since Satoshi Nakamoto first dreamt up the core component of the technology known as blockchain “ the decentralized, digital currency Bitcoin has evolved i...
President Donald Trump signed an executive order designed to strengthen the cybersecurity of the federal government that will require National Institute of Standards and Technology (NIST) to provide a cyber-security process framework that all federal agencies comply with. The White House-released document entitled: “Presidential Executive Orde...
TYSONS CORNER, VA, May 12, 2017 ” CSRA (NYSE: CSRA) has held an event to showcase the technologies of eight startup companies and connect them to potential customers in the federal government, ExecutiveBiz reported Thursday. MeriTalk reported Wednesday that CSRA selected the companies to participate at the Emerging Technologies Day, w...
President Trump signed an executive order Thursday to improve the federal government’s cybersecurity and critical infrastructure, after a spate of high-profile government hackings in recent years, a senior administration official told reporters on a call. “I think the trend is going in the wrong direction on cyberspace,” ...
