Foreign hackers probing critical EU infrastructure systems for vulnerabilities

Defensive measures are being taken, however experts have admitted that defensive countermeasures have typically lagged behind the ability of hackers to code tools to circumvent countermeasures. As per former and current European government sources who have knowledge of the issue, hackers are persistently trying to attack critical national infrastructure across the European Union. These sources…

Officials from the Department of Energy, FBI and Homeland Security work to defend U.S. energy infrastructures from cyberattacks

In one instance a cyberattack had breached the cyber defenses of a nuclear power plant. In a significant development designed to protect the homeland against cyberattacks, the U.S. Department of Energy stated it is in the process of helping U.S. firms defend themselves against a hacking campaign that is targeting power companies, including nuclear plants.…

Israeli-based Elbit Systems finds innovation key to growing market share in crowded drone market

It has cited its weaponized drone, SkyStriker designed for long flight hours, unveiled in the recent Paris airshow to rave reviews, as an example of its innovation. So as to maintain its leading edge over its peers, Israeli defense electronics company Elbit Systems Ltd is moving swiftly to innovate as it faces increasing competition from…

Google creates $300 million fund for late stage funding for European biotech firms

The new fund will provide funding to both public and private firms for products that have already reached mid-stage Phase II clinical development, providing them with a new source of growth capital. In a move that underscores the wide net Google has cast across industries, the search engine giant has sunk in $300 million in…

Hyundai Motors unveils its subcompact SUV for Europe, South Korea and U.S.

It will release an electric version of the Kona next year. On Tuesday, in efforts aimed at offsetting its falling sale of vehicles in China, Hyundai Motor launched its first subcompact sport utility vehicle (SUV) for advanced markets including the Europe, South Korea, and the United States. The South Korean automaker disclosed it would soon…

Donald Trump signs executive order aimed at upgrading U.S. cyber defences

The order builds on efforts made by the previous Obama Administration. The Trump Administration has made its first significant move in what U.S. President Donald Trump called a top priority, on Thursday, the U.S. President signed an executive order that aims to bolster the government’s cyber security defences and protect its critical infrastructure from cyberattacks.…

Kim Dotcom of Megaupload fame creates Bitcontent where uploaders can earn money

Current on appealing on extradition charges to the U.S., Kim Dotcom has yet to detail why organisations will upload content through Bitcontent when their existing setup already has paying customers. Kim Dotcom, New Zealand’s controversial entrepreneur who earlier shot to fame when U.S. law enforcement agencies raided and closed down his site Megaupload for violating…

Trump Administration weighs decision to lower standards of vehicle fuel efficiency

Trump’s EPA nominee Scott Pruitt, has made it clear that the Obama-era standards will remain. Not wanting to meet stringent fuel efficiency standards set in the U.S., car manufacturing companies in the country have shot off a letter to President Donald Trump in the hope that he loosens things up. Car manufacturers in the U.S.,…