Private sector

Cisco Study Reveals Very Few Organizations in Canada Prepared to Defend Against Today's Rapidly Evolving Threat Landscape

Retrieved on: 
Wednesday, March 27, 2024

TORONTO, March 27, 2024 (GLOBE NEWSWIRE) -- Only one per cent of organizations in Canada have the ‘Mature’ level of readiness needed to be resilient against modern cybersecurity risks, according to Cisco’s (NASDAQ: CSCO) 2024 Cybersecurity Readiness Index.

Key Points: 
  • Only one per cent of organizations in Canada have the ‘Mature’ level of readiness needed to be resilient against today’s cybersecurity risks.
  • The 2024 Cisco Cybersecurity Readiness Index was developed in an era defined by hyperconnectivity and a rapidly evolving threat landscape.
  • Companies today continue to be targeted with a variety of techniques that range from phishing and ransomware to supply chain and social engineering attacks.
  • “We cannot underestimate the threat posed by our own overconfidence,” said Jeetu Patel, Executive Vice President and General Manager of Security and Collaboration at Cisco.

Rackspace Technology Launches Rackspace UK Sovereign Services for Secure, Cost-Effective Workloads in the UK Public Sector and Regulated Services

Retrieved on: 
Wednesday, March 27, 2024

The offering provides end-to-end, digitally sovereign cloud services for the UK public sector and other regulated industries.

Key Points: 
  • The offering provides end-to-end, digitally sovereign cloud services for the UK public sector and other regulated industries.
  • Rackspace UK Sovereign Services prioritises customer data security aligned with the recommendations of the UK National Cyber Security Centre & NHS England amongst other UK regulatory bodies.
  • This truly digital Sovereign offering allows for the UK public sector to achieve cost savings and compliance all through a single provider, without compromising on security or performance,” said Rick Martire, General Manager for Sovereign Services, UK at Rackspace Technology.
  • Rackspace UK Sovereign Services key features include:
    Fully managed end-to-end solution with a pre-built blueprint, anti-malware protection, vulnerability scanning, performance monitoring and system patching included as standard.

Ford’s Budget sounds death knell for public services in Ontario, says OFL

Retrieved on: 
Tuesday, March 26, 2024

TORONTO, March 26, 2024 (GLOBE NEWSWIRE) -- Doug Ford’s obsession with tax cuts and tax credits in today’s provincial Budget sounds the death knell for Ontario’s languishing public services, says the Ontario Federation of Labour (OFL).

Key Points: 
  • TORONTO, March 26, 2024 (GLOBE NEWSWIRE) -- Doug Ford’s obsession with tax cuts and tax credits in today’s provincial Budget sounds the death knell for Ontario’s languishing public services, says the Ontario Federation of Labour (OFL).
  • The devastating result will be the loss of nearly $8 billion in revenue in 2023-24, which is urgently needed to restore public services like health care and education.
  • “This Budget will make life harder and more expensive for the people of Ontario,” said Laura Walton, OFL President.
  • “The decision to starve our public services is not just incompetence,” added Walton.

Mountain America Credit Union Ranked Top Small Business Lender in US for 20 Consecutive Years

Retrieved on: 
Tuesday, March 26, 2024

SANDY, Utah, March 26, 2024 (GLOBE NEWSWIRE) -- Callahan & Associates, a leader in providing credit unions with actionable data for making decisions that positively impact members, recently released its list of Top Small Business Lenders. Mountain America Credit Union was ranked the No. 1 small business credit union lender for Small Business Administration (SBA) loans in the country. Mountain America has received this recognition 20 years in a row.

Key Points: 
  • Mountain America Credit Union was ranked the No.
  • 1 small business credit union lender for Small Business Administration (SBA) loans in the country.
  • With no prior experience building a dance studio, Luke turned to the small business lending experts at Mountain America Credit Union.
  • “I couldn’t be happier with my choice to go there.”
    In addition to being the nation’s top credit union SBA lender, Mountain America offers a variety of financial resources and options to small business owners.

US Environmental Protection Agency (EPA) honors DTE Energy with the 2024 ENERGY STAR® Partner of the Year Award for sustained excellence in Energy Efficiency

Retrieved on: 
Tuesday, March 26, 2024

Detroit, March 26, 2024 (GLOBE NEWSWIRE) -- Today, DTE Energy (NYSE: DTE) was awarded the ENERGY STAR Partner of the Year award by the US Environmental Protection Agency (EPA).

Key Points: 
  • Detroit, March 26, 2024 (GLOBE NEWSWIRE) -- Today, DTE Energy (NYSE: DTE) was awarded the ENERGY STAR Partner of the Year award by the US Environmental Protection Agency (EPA).
  • The award is the highest level of recognition achieved from the EPA, honoring corporate energy management programs that demonstrate organization-wide energy savings, best practices and benefits of ENERGY STAR.
  • The ENERGY STAR government-backed symbol for energy efficiency was established to help customers identify and purchase products that offer savings on energy bills without sacrificing performance, features or comfort.
  • “Receiving this award reflects DTE’s commitment to implementing energy-saving programs that are beneficial to our customers and support the environmental impacts of ENERGY STAR standards,” said Carmen Welch, director, of Energy Efficiency, DTE Energy.

Fraser Institute News Release: Size of government on the rise across Canada

Retrieved on: 
Tuesday, March 26, 2024

“The size of government increased in eight of ten provinces and the country as a whole over the last decade-and-a-half,” said Alex Whalen, associate director at the Fraser Institute and co-author of The Size of Government in Canada in 2022 .

Key Points: 
  • “The size of government increased in eight of ten provinces and the country as a whole over the last decade-and-a-half,” said Alex Whalen, associate director at the Fraser Institute and co-author of The Size of Government in Canada in 2022 .
  • The study measures federal, provincial, and local government spending in each province as a share of the economy (GDP) from 2007 to 2022, the most recent year of comparable data.
  • It finds that government size grew in every province except Prince Edward Island and Saskatchewan during that period.
  • Previous research has shown that the size of government (as a share of the economy) to maximize economic growth and social progress is between 26 and 30 per cent of the economy (GDP).

Canada’s Identity Theft Worries Mount with AI Progression, Okta Survey Finds

Retrieved on: 
Tuesday, March 26, 2024

“With AI, cybercriminals create convincing deepfakes, clone voices, and automate personalized texts - so distinguishing between genuine and synthetic content is increasingly challenging.

Key Points: 
  • “With AI, cybercriminals create convincing deepfakes, clone voices, and automate personalized texts - so distinguishing between genuine and synthetic content is increasingly challenging.
  • Despite growing concerns over identity theft, less than a quarter of Canadians are educating themselves about are educating themselves about AI-driven threats to their personal information (around 25 per cent).
  • This starkly contrasts the roughly 5 per cent who are most concerned about AI threats on their work credentials and email.
  • “Canadians require access to robust identity tools, comprehensive education on recognizing and responding to cyber threats, and proactive measures to safeguard their personal information,” emphasized Kagan.

Manatt Welcomes Leading Developmental Disability Leader to National Health Care Industry Group

Retrieved on: 
Tuesday, April 9, 2024

Manatt, Phelps & Phillips, LLP, a multidisciplinary, integrated professional services firm, today announced the arrival of Senior Advisor Anna Lansky to the Firm’s Health Care industry group.

Key Points: 
  • Manatt, Phelps & Phillips, LLP, a multidisciplinary, integrated professional services firm, today announced the arrival of Senior Advisor Anna Lansky to the Firm’s Health Care industry group.
  • Most recently serving as the Interim Director of the Oregon Department of Human Services’ (DHS) Office of Developmental Disabilities Services (ODDS), Lansky will work with the Firm’s health care and state clients to align, strengthen and support care coordination efforts for their respective communities.
  • “Anna is a highly respected leader and trailblazer within the health care policy, government and regulatory arenas, making her an ideal fit for our growing integrated legal and consulting platform, especially as we continue to focus on improving the health care quality, delivery and access, and advancing health equity,” said Manatt CEO and Managing Partner Donna L. Wilson .
  • “With over 20 years of experience, including senior roles in analyzing, building and running state intellectual and developmental disability (I/DD) agencies, Anna brings a robust understanding of the core issues our clients face,” said Manatt Health Leader Bill Bernstein .

Red Cell Partners and General Catalyst Co-Develop Andesite to Advance Cybersecurity for Analysts

Retrieved on: 
Tuesday, April 9, 2024

Red Cell Partners and General Catalyst today announced the public launch of Andesite AI (“Andesite”), a cybersecurity company dedicated to delivering cutting-edge technology to overburdened cybersecurity teams.

Key Points: 
  • Red Cell Partners and General Catalyst today announced the public launch of Andesite AI (“Andesite”), a cybersecurity company dedicated to delivering cutting-edge technology to overburdened cybersecurity teams.
  • Co-developed by Red Cell and General Catalyst, Andesite has built an advanced AI security analytics platform to empower both private- and public-sector cyber analysts to defend against advanced persistent threats (APTs).
  • Andesite is the latest company to launch under Red Cell’s newly formed Cyber Practice, led by George Barnes, a former Deputy Director of the National Security Agency (NSA).
  • "I partnered with General Catalyst to help bring global resilience to our most critical industries.

AltaSea CEO Terry Tamminen Headlines Our Ocean Conference in Greece

Retrieved on: 
Tuesday, April 9, 2024

AltaSea at the Port of Los Angeles today announced that its President & CEO Terry Tamminen will be a featured panelist at the 9th annual Our Ocean Conference, taking place in Athens, Greece on April 16 & 17.

Key Points: 
  • AltaSea at the Port of Los Angeles today announced that its President & CEO Terry Tamminen will be a featured panelist at the 9th annual Our Ocean Conference, taking place in Athens, Greece on April 16 & 17.
  • The invitation-only conference convenes blue economy experts to discuss innovative ocean solutions and strengthen commitments to sea and ocean protection and sustainability.
  • Tamminen will join a panel discussion on “Establishing a Sustainable Blue Economy.”
    More details on the 2024 Our Ocean Conference, as well as ways to stream the panel, can be found here: https://www.ourocean2024.gov.gr/ .
  • The conference brings together governments, international organizations, researchers, the private sector, and nonprofits that have a shared vision and goal to protect the ocean.