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Energy Plug and Malahat Battery Technology Announce Strategic Alliance with Quantum eMotion on Energy and Defence, Including NATO-Aligned Initiative
Newsfile· 2025-10-14 13:00
Core Insights - The partnership between Quantum eMotion, Energy Plug Technologies, and Malahat Battery Technology aims to co-develop quantum-secured energy storage and defense systems for critical infrastructure [1][2] - This collaboration integrates advanced battery energy storage systems with quantum cybersecurity technologies to protect energy assets from cyber threats [2][4] Group 1: Partnership and Development - The Joint Development Agreement focuses on creating cyber-resilient, quantum-safe power systems [1][2] - Malahat Battery Technology, an Indigenous-led enterprise, will be central to system development and manufacturing, promoting Indigenous participation in defense and clean energy programs [3][8] - The partners are advancing a NATO-aligned defense initiative in collaboration with a leading defense contractor [3] Group 2: Technology and Security - Quantum eMotion's QRNG2 chip provides high-speed, true randomness for secure communications, establishing a quantum-resilient security layer across energy systems [4][5] - The collaboration positions Energy Plug as a pioneer in operationalizing quantum-grade cybersecurity within decentralized power systems [5] Group 3: Applications and Impact - The systems developed will support various applications, including Arctic defense installations, portable field systems for military personnel, and utility-scale smart grids [7] - The initiative aims to set a new benchmark for resilience and trust in intelligent energy systems [5]
X @Forbes
Forbes· 2025-10-14 11:00
How This Israeli Hacker Bootstrapped Her AI Cyber Company To Profitability https://t.co/ULmUXhqTOu ...
UK witness 50% spike in cyberattacks as top firms targeted
BusinessLine· 2025-10-14 05:11
Core Insights - The UK has experienced a significant rise in major cyberattacks over the past year, affecting various sectors including retail and manufacturing [1][3] Cybersecurity Incidents - The National Cyber Security Center (NCSC) reported handling 429 cyber incidents in the year ending August, with nearly half classified as "nationally significant," equating to four incidents per week [2] - There was a 50% increase in "highly significant" incidents, which had a serious impact on the government, essential services, or the economy [2] Impact on Companies - Jaguar Land Rover faced a major cyberattack that disrupted global manufacturing, potentially costing hundreds of millions of dollars and threatening thousands of jobs [4] - A cyberattack on a key airline check-in provider caused significant travel disruptions at major European airports, including Heathrow [5] - Marks and Spencer incurred an estimated £300 million loss due to a cyberattack, while the Co-op reported a £206 million impact from a separate incident [5] National Security Concerns - The UK government's handling of national security is under scrutiny, particularly regarding espionage threats from China, Russia, and Iran [6][7] - MI5 identified these states as long-term strategic threats to the UK's cybersecurity and democratic institutions [7]
Bill Harris, Former CEO of Intuit and PayPal, Wants You To Pay Lower Taxes
Barrons· 2025-10-13 14:53
Core Insights - Bill Harris emphasizes the inevitability of start-ups and taxes in life, highlighting his extensive experience in the start-up ecosystem [1] Company Overview - Bill Harris served as executive vice president and later CEO of Intuit, a tax preparation company, starting in 1993 and becoming CEO in 1998 [1] - After Intuit, Harris became the CEO of PayPal, working alongside notable figures such as Elon Musk, Peter Thiel, and Max Levchin [1] - Harris has been actively involved in launching various fintech and cybersecurity firms, showcasing his commitment to innovation in these sectors [1] Financial Transactions - Personal Capital, a registered investment advisor co-founded by Harris, was sold to Empower in 2020 for approximately $1 billion [1]
LifeLock Launches 'Control Room' Series to Combat America's Identity Theft Crisis
Prnewswire· 2025-10-13 13:00
Core Insights - LifeLock is launching a new YouTube series called "Control Room" on October 22 to address the rising issue of identity theft in the U.S., which affected over 18 million Americans last year [1][2] - The series will feature discussions with cybersecurity experts, policy researchers, and consumer protection advocates to explore the causes and implications of identity theft and fraud [1][2] Group 1: Series Overview - "Control Room" aims to educate the public about the evolving threats of identity theft, including AI-driven scams and data breaches [1][2] - Hosted by Shawnee Delaney and Tyler Grey, the series will reveal insights into modern scams and the psychological impact of identity theft [2] Group 2: Featured Guests - The series will include notable guests such as Ted Harrington, James E. Lee, Caitlin Sarian, Josephine Wolff, and Renée DiResta, who are experts in cybersecurity and identity theft [3] Group 3: Release Information - New episodes of "Control Room" will be released every Wednesday on LifeLock's official YouTube channel, starting at 5 p.m. Eastern time on October 22 [4]
China hacking America’s critical infrastructure, retired four-star general warns | 60 Minutes
60 Minutes· 2025-10-13 03:00
Cybersecurity Threats & Vulnerabilities - China has been hacking into US computer networks extensively, targeting not only the military and industry but also American homes [2] - Critical infrastructure, including water, electrical power, and transportation, has been targeted, revealing vulnerabilities [3] - Intrusions at utilities were discovered in 2023, with China having accessed some networks for at least 5 years [4] - China aims to gain an advantage in a crisis or conflict by targeting telecommunications and critical infrastructure in the US and other countries [5] - Small entities like the Littleton, Massachusetts Electric and Water Utility, with 10,000 residents, were targeted, highlighting the broad scope of potential targets [7][8] - China exploits vulnerabilities in network equipment, such as unpatched software or outdated equipment, to gain access [16] - Once inside, China steals login credentials and remains dormant, ready for later use in a crisis [17] Geopolitical & Economic Implications - China's hacking is seen as a way to deter the US from intervening in a conflict, potentially causing chaos in financial markets [14][15] - Disruptions to critical infrastructure, even in small locations, could distract the US and strain resources during a crisis [11][12] - If the US does not dominate in cyberspace, China could steal intellectual property, impacting the US economy, and gain intelligence advantages [30] US Response & Challenges - The White House is working to assess exposure and mitigate the damage from Chinese hacking [18] - Removing intruders from a network is more resource-intensive than preventing access, emphasizing the importance of basic security measures [19] - The scale of the challenge is immense, requiring the US government to build partnerships with industry to counter these threats [20][29]
China’s cyber forces are targeting every American #shorts
60 Minutes· 2025-10-13 01:48
Cybersecurity Threats & Tactics - Chinese actors are gaining access to US systems, stealing login credentials, and masquerading as legitimate employees to lay dormant within the network [1] - Automated scanning activity targeting millions of devices occurs daily [2] - The White House is working to assess exposure and mitigate damage from Chinese hacking [2] Impact & Remediation - One network rebuild cost more than $50,000 [3] - Removing an intruder from a network is more resource-intensive than preventing access [3] - Getting the basics right in critical infrastructure is crucial to avoid expending more resources on rooting out intruders [3] Challenges & Capabilities - Perfect knowledge of the extent of Chinese infiltration into US systems is lacking [2] - Scaling cybersecurity efforts remains a challenge [3]
China’s small-town hack reveals a larger strategy #short
60 Minutes· 2025-10-13 01:48
Geopolitical Strategy & Risks - Focusing on domestic targets like Littleton could distract the United States and its resources, hindering mobilization in a crisis due to China's actions in the Indo-Pacific region [1] - China may use domestic distractions to weaken US response capabilities in the Indo-Pacific [1] - Targeting critical infrastructure could have a disproportionate impact, especially if multiple locations are targeted simultaneously alongside an information campaign [2] Targeted Infrastructure - Littleton's water supply is vulnerable, and its disruption could significantly impact the entire country [2] - Critical infrastructure believed to have been targeted by China includes New York City's Metropolitan Transportation Authority, 13 gas pipeline operators, the Port of Houston, and major phone companies [2]
A small-town hack, a big warning for U.S. security #short
60 Minutes· 2025-10-13 01:48
Is Littleton a major supplier of some kind to the federal government. We are not major supplier to a military base. No.Nick Lawler is general manager of the Littleton, Massachusetts Electric and Water Utility. His town has 10,000 residents. Can you think of any reason that China would target your little community.That's the exact question I had for the FBI when they visited me on that first day. And I I still can't answer that question. No, I can't think of one reason.The FBI visited in November 2023 to tel ...
The China Hack | Sunday on 60 Minutes
60 Minutes· 2025-10-11 14:16
Can you think of any reason that China would target your little community. >> That's the exact question I had for the FBI when they visited me on that first day, and I I still can't answer that question. No, I can't think of one reason.>> The FBI told Nick Lawler that China has hacked into the computers of vital American utilities, even his, in tiny Littleton, Massachusetts. If they're willing to go after that small provider that doesn't have a national security connection, that means every target is on the ...