Security Commission

BCSC bans convicted fraudster from investment market

Retrieved on: 
Thursday, February 15, 2024
BCSC, Risk, Criminal code, Investment, Park Hotel, Fraud, Hearing, Shaughnessy, The Criminal Code, Columbia, Magic, Security Commission

Securities Commission (BCSC) panel has permanently banned a convicted Vancouver fraudster from participating in the investment market.

Key Points: 
  • Securities Commission (BCSC) panel has permanently banned a convicted Vancouver fraudster from participating in the investment market.
  • Jeffrey Shaughnessy had pleaded guilty in provincial court to the Criminal Code offence of obtaining credit by false pretence or fraud.
  • The BCSC imposed sanctions on Shaughnessy under its authority to reciprocate orders by other securities regulators, self-regulatory organizations, exchanges or courts.
  • Although the BCSC provided him with the opportunity to be heard ahead of imposing the reciprocal order, he did not participate in the hearing.

Jacob Helberg Issues an Open Letter to the US Government, Co-Signed by Leading Defense Technology Companies

Retrieved on: 
Friday, September 15, 2023
Intelligence, Commissioner, Partnership, Rejuvenation, Communist party, Hoxhaism, USCC, United States Department of Defense, Replicator, Security Commission, Research, EAR, Government, Science, Cloud computing, Administration, Congress, National Security Commission on Artificial Intelligence, System, Risk, ITAR, U.S. Department of Defense Strategy for Operating in Cyberspace, Ecosystem, AI, United States-China Economic and Security Review Commission, United States Intelligence Community, Social media, Legislation, Cryptocurrency, Renewable energy, Pharmaceutical industry, Arms industry, Management, Chinese

NEW YORK, Sept. 15, 2023 /PRNewswire/ -- The following statement was released by Jacob Helberg, Commissioner of the US-China Economic and Security Review Commission (USCC).

Key Points: 
  • NEW YORK, Sept. 15, 2023 /PRNewswire/ -- The following statement was released by Jacob Helberg, Commissioner of the US-China Economic and Security Review Commission (USCC).
  • We believe technological superiority and innovation are indispensable to deterrence, and we are encouraged by significant actions taken by Congress and the Department of Defense to accelerate the development and adoption of advanced technology.
  • We recognize the work that Congress and the administration are doing in areas that have significant military and strategic second-order effects.
  • The United States and our allies and partners must maintain and protect a technological advantage to ensure security, stability, and prosperity.

Nano Dimension’s Board of Directors Emphasizes Shareholders’ Stark Choice Posed by Murchinson’s Self-Serving Campaign

Retrieved on: 
Friday, August 11, 2023
Ontario Securities Commission, Member, Choice, Lung compliance, Complaint, Risk, Grave, Annual general meeting, 3D, Hearing, New York State Court Officers, Growth, Security (finance), Support, RSU, Interactional expertise, Fox, ALL, No Plan, Security Commission, Business, AME, Control, 3D printing, AGM, ANY, Deep learning, AM, Management, Cryptocurrency, Fine chemical, Risk management, Film industry, Video game, Bank, Pension fund

Waltham, Mass., Aug. 11, 2023 (GLOBE NEWSWIRE) -- Nano Dimension Ltd. (Nasdaq: NNDM, “Nano Dimension” “Nano” or the “Company”), a leading supplier of Additively Manufactured Electronics (“AME”) and multi-dimensional polymer, metal & ceramic Additive Manufacturing (“AM”) 3D printers, today released a statement about Murchinson Ltd.’s (“Murchinson”) self-interested attempt to seize control of Nano’s Board of Directors (“Board”). The Board also announced that the Company’s Chief Executive Officer and Chairman, Yoav Stern, has informed the Board that he intends to resign from his Board positions before the upcoming Annual General Meeting (the “AGM”) and will resign as Nano’s Chief Executive Officer after the AGM, if any of the Murchinson nominees are elected to the Board.

Key Points: 
  • Murchinson’s cronies have been paid to serve as its director nominees, and the fund has offered no strategic plan whatsoever for creating value at Nano.
  • Consequently, members of Nano senior management, including CEO Yoav Stern, have indicated that they do not intend to serve under a Board which includes any director paid by cash-chasing-predator-Murchinson.
  • I remain confident in Nano and its Board, and unequivocally trust our uniquely capable group of eight directors.
  • Nano shareholders must decide if this $4.00 per share return is sufficient, in comparison to much higher expected long-term value if Nano continues its present growth rate.

Tech Diplomat Keith Krach Returns to Taiwan

Retrieved on: 
Tuesday, August 8, 2023
Research, Hardware, White House, Federal Government, Technology, Defense, University, Semiconductor, Security, Education, Science, Government Technology, Public Policy, Government, CHIPS, Private sector, State, Ambassador, Democracy, Global-Tech Appliances, Inc. v. SEB S.A., Partnership, Prosperity, National Yang Ming Chiao Tung University, Security Commission, Innovation, Multimedia, CHIPS and Science Act, Economic and Technology Cooperation Agreement, NYCU, United States Department of State, Microsoft, Poya Pictures, Purdue University, TSMC, National Chengchi University, Digital, NCCU, Cryptocurrency

Under Secretary of State and Tech Diplomat, will return to Taiwan from August 9-12.

Key Points: 
  • Under Secretary of State and Tech Diplomat, will return to Taiwan from August 9-12.
  • “These very reasons underpin Taiwan’s critical role in the Krach Institute for Tech Diplomacy , Global Tech Security Commission , Global Trusted Tech Network, and as we launch the Taiwan Center for Innovation and Prosperity.”
    During his stay, Krach will engage with senior Taiwanese government officials, tech industry CEOs, and academic leaders.
  • His trip is focused on three primary objectives:
    Strengthening Global Tech Security: Krach co-chairs the Global Tech Security Commission, which brings together senior public- and private-sector leaders from the U.S. and technologically advanced democracies, including Taiwan, to create the definitive Global Tech Security Strategy (GTSS).
  • Launching the Taiwan Center for Innovation and Prosperity: A product of the Global Tech Security Strategy, the Center is being formed under the banner of the Krach Institute for Tech Diplomacy.

Nano Dimension Sends Letter to Shareholders

Retrieved on: 
Tuesday, August 8, 2023
FOR, NANO, American depositary receipt, NO, Annual general meeting, Metal, J. James Exon, DM, Integration, 3D, LTM, NUALS Arts and Literary Annual Meet, Growth, Security (finance), ALL, Form 10-K, Disclosure, Security Commission, History, 3D Systems, 3D printing, Letter, Ontario Securities Commission, F-36, Bring Your Board!!, VLD, DDD, AI, Robotics, Annual report, OSC, Auction, Management, Video game, Risk management, Mobile phone, Online shopping, Holding company

Waltham, Mass., Aug. 08, 2023 (GLOBE NEWSWIRE) -- Nano Dimension Ltd. (Nasdaq: NNDM, “Nano Dimension”, “Nano” or the “Company”), a leading supplier of Additively Manufactured Electronics (“AME”) and multi-dimensional polymer, metal & ceramic Additive Manufacturing (“AM”) 3D printers, today sent a letter to shareholders in connection with the Company’s upcoming 2023 Annual General Meeting of Shareholders (“the Annual Meeting”). The letter highlights the strength of the directors on Nano’s Board of Directors (the “Board”), all of whom are highly qualified and critical to the Company’s success and ability to continue driving long-term value for all shareholders. The letter also underscores Murchinson’s self-interested campaign to elevate its profile and gain access to the Company’s significant cash reserves at the expense of other shareholders.

Key Points: 
  • Murchinson’s Self-Serving Campaign is a Blatant Attempt to Obtain Nano’s Cash Reserves Without Paying Full Value to Shareholders, While Elevating its Profile as an “Activist”
    Waltham, Mass., Aug. 08, 2023 (GLOBE NEWSWIRE) -- Nano Dimension Ltd. (Nasdaq: NNDM, “Nano Dimension”, “Nano” or the “Company”), a leading supplier of Additively Manufactured Electronics (“AME”) and multi-dimensional polymer, metal & ceramic Additive Manufacturing (“AM”) 3D printers, today sent a letter to shareholders in connection with the Company’s upcoming 2023 Annual General Meeting of Shareholders (“the Annual Meeting”).
  • The letter also underscores Murchinson’s self-interested campaign to elevate its profile and gain access to the Company’s significant cash reserves at the expense of other shareholders.
  • At the upcoming Annual General Meeting (“AGM”) of Shareholders on Thursday, September 7, 2023, you have an important decision to make regarding the future of your investment in Nano Dimension Ltd. (“Nano Dimension”, the “Company” or “Nano”):
    Protect the long-term value creation opportunity your Nano Dimension shares present by voting FOR all 9 of the Company’s board nominees, or
    Allow a self-interested bad actor to gain access to liquidate your company to access the significant cash reserves for their own benefit.
  • Overall, companies acquired by Nano have significantly outgrown and outpaced peers in the industry after joining Nano.

We need to prepare for the public safety hazards posed by artificial intelligence

Retrieved on: 
Sunday, May 14, 2023
Department, Technology, Risk, Classification, Solution, Agriculture, Policy, Electricity, Control, Global Risks Report, Risk assessment, Risk management, National Institute, Security Commission, Second Continental Congress, Government, Organization, Congress, Automation, Intention, National Institute of Standards and Technology, Earthquake, Time, Mining, Tornado, U.S. Department of Defense Strategy for Operating in Cyberspace, Artificial intelligence, Weather, AI, Transport, KPMG, Health, Society, World, Medical device

For the most part, the focus of contemporary emergency management has been on natural, technological and human-made hazards such as flooding, earthquakes, tornadoes, industrial accidents, extreme weather events and cyber attacks.

Key Points: 
  • For the most part, the focus of contemporary emergency management has been on natural, technological and human-made hazards such as flooding, earthquakes, tornadoes, industrial accidents, extreme weather events and cyber attacks.
  • However, with the increase in the availability and capabilities of artificial intelligence, we may soon see emerging public safety hazards related to these technologies that we will need to mitigate and prepare for.

AI and hazard classification

    • As the use of AI increases, there will be more adverse events caused by human error in AI models or technological failures in AI based technologies.
    • Intentional AI hazards are potential threats that are caused by using AI to harm people and properties.
    • In my view, this simple intentional and unintentional classification may not be sufficient in case of AI.

Public safety risks

    • Public safety and emergency management experts use risk matrices to assess and compare risks.
    • Hazards with high frequency or high consequence or high in both consequence and frequency are classified as high risks.
    • Up until now, AI hazards and risks have not been added into the risk assessment matrices much beyond organizational use of AI applications.

AI risk assessment

    • The report warned that AI technology is advancing very quickly and that risk control measures must be in place before they overwhelm the systems.
    • Governments have also started developing some risk assessment guidelines for the use of AI-based technologies and solutions.
    • The proposed voluntary AI risk assessment framework recommends banning the use of AI systems that present unacceptable risks.

Threats and competition

    • Much of the national level policy focus on AI has been from national security and global competition perspectives — the national security and economic risks of falling behind in the AI technology.
    • The U.S. National Security Commission on Artificial Intelligence highlighted national security risks associated with AI.
    • These were not from the public threats of the technology itself, but from losing out in the global competition for AI development in other countries, including China.

Faster than policy

    • AI development is progressing much faster than government and corporate policies in understanding, foreseeing and managing the risks.
    • While we should collectively and proactively try for such governance mechanisms, we all need to brace for major catastrophic AI’s impacts on our systems and societies.

Bipartisan Congressional Leaders Rally Colleagues to Secure Freedom with Global Tech Security Strategy

Retrieved on: 
Tuesday, April 11, 2023
Artificial Intelligence, Online Privacy, Education, Homeland Security, Congressional News, Views, Public Policy, Government, Mobile, Wireless, Robotics, Other Manufacturing, Advocacy Group Opinion, Security, Engineering, Satellite, Other Technology, Telecommunications, Software, Networks, Manufacturing, Internet, Hardware, Technology, White House, Federal Government, Other Policy Issues, University, Private sector, State, Three Seas Initiative, Freedom, Global-Tech Appliances, Inc. v. SEB S.A., Face, Commission, DocuSign, Security Commission, International Commission on Financing Global Education Opportunity, Multimedia, Council, Congress, Representative, Authoritarianism, Honorary, Atlantic Council, Purdue University, White, Cryptocurrency

(Graphic: Business Wire)

Key Points: 
  • (Graphic: Business Wire)
    In a “Dear Colleague” letter , the Honorary Co-Chairs of the Commission emphasized the critical importance of advancing a global tech security strategy in the face of mounting challenges from China to U.S. global leadership, security, and values.
  • The Global Tech Security Commission was launched in response to the Congressional call for a thorough, bipartisan tech security playbook that would rally and unify like-minded countries, leverage the innovation and resources of the private sector, and build a global network to develop, protect and adopt trusted technologies.
  • First, its focus is on developing in-depth strategies for each White House-designated national security tech sector and integrating them into an overarching global tech security strategy.
  • "The bipartisan support for the Global Tech Security Commission conveys the urgency of its mission.

Top Foreign Policy Lawmakers Bolster Support For Global Tech Security Commission

Retrieved on: 
Thursday, March 2, 2023
University, Education, Technology, White House, Federal Government, Security, Government Technology, Networks, Congressional News, Views, Defense, Public Policy, Government, Advocacy Group Opinion, CHIPS, Diplomacy, Multimedia, Democracy, Purdue University, Council, Failure, Global-Tech Appliances, Inc. v. SEB S.A., White, Chinese, Communist party, Friends, Science, Private sector, European Chips Act, Hoxhaism, Three Seas Initiative, Freedom, DocuSign, Congress, Security Commission, Investment, Commission, Atlantic Council, CHIPS and Science Act, Representative, Communism, Economic growth, Environment, Honorary, Under Secretary of State for Economic Growth, Energy, and the Environment, Renewable energy, Cryptocurrency, State

The Global Tech Security Commission announced today the naming of four federal lawmakers representing both parties and both houses of Congress as new Honorary Co-Chairs.

Key Points: 
  • The Global Tech Security Commission announced today the naming of four federal lawmakers representing both parties and both houses of Congress as new Honorary Co-Chairs.
  • View the full release here: https://www.businesswire.com/news/home/20230301006128/en/
    The Global Tech Security Commission added four federal lawmakers representing both parties and both houses of Congress as new Honorary Co-Chairs.
  • First, the Commission’s focus is on developing in-depth strategies for each White House-designated national security tech sector and integrating them into an overarching global tech security strategy.
  • I’m honored to join colleagues from both sides of the aisle to serve on the Global Tech Security Commission.

Krach Institute for Tech Diplomacy at Purdue Names Daniel Kurtenbach Chief Growth Officer

Retrieved on: 
Monday, February 6, 2023
Technology, Security, Public Policy, Government, Networks, Government Technology, White House, Federal Government, University, Education, Defense, MBA, Organization, Private sector, Global-Tech Appliances, Inc. v. SEB S.A., State, Small business, Purdue University, Trust, Authoritarianism, Council, Harvard Kennedy School, Kurtenbach, Business Executives for National Security, Professional, Atlantic Council, Term, Diplomacy, Freedom, Krach, Security Commission, Commission, Infantry, Silicon, Georgia Sustainment and Stability Operations Program, Foreign policy, MIT Sloan School of Management, Intelligence, White House Fellows, Policy, Partnership, Growth, Army, Johns Hopkins University, MPA, Multimedia, STEM, BS, Management, Cryptocurrency

The Krach Institute for Tech Diplomacy at Purdue continues to expand its senior leadership team with the appointment of Daniel Kurtenbach as Chief Growth Officer.

Key Points: 
  • The Krach Institute for Tech Diplomacy at Purdue continues to expand its senior leadership team with the appointment of Daniel Kurtenbach as Chief Growth Officer.
  • View the full release here: https://www.businesswire.com/news/home/20230206005271/en/
    As Chief Growth Officer, Kurtenbach will focus on driving the growth of the Institute through strategic partnerships with companies, institutions and countries that enhance the Institute’s capabilities, expand its global reach and impact.
  • (Photo: Business Wire)
    Kurtenbach joins the Institute from DataRobot, where he served as Director of the company’s defense and intelligence portfolio.
  • In partnership with the Atlantic Council, the Krach Institute for Tech Diplomacy at Purdue launched the Global Tech Security Commission in 2022 to safeguard freedom from technological authoritarianism.

LatAm Investigations and Policy Expert Edgar Zurita Joins Nardello & Co.

Retrieved on: 
Thursday, January 12, 2023
Professional Services, Legal, Finance, Australian Federal Police, Inter-American, Diplomatic mission, First Nations in Ontario, Illicit, Supreme Court of Justice (Austria), Justice, JD, Law enforcement, Intellectual property, Policy, National Security Commission of the Chinese Communist Party, Ammunition, Security Commission, Executive Secretary for Integral Development, Federal, United Nations, Public policy, Supreme court, MBA, Zurita, Terrorism, Drug, Management, Firearm, Daniele Nardello

Nardello & Co. , the global investigations firm, announced today that Edgar Zurita has joined as a Managing Director.

Key Points: 
  • Nardello & Co. , the global investigations firm, announced today that Edgar Zurita has joined as a Managing Director.
  • Based in the firm’s Washington, DC office, Zurita brings two decades of global investigative, litigation, public policy, and law enforcement experience, with particular expertise in Latin America.
  • Before joining Nardello & Co., Zurita served at the Mexican Embassy in Washington where he was Minister and lead liaison officer to international law enforcement agencies in North America.
  • “Nardello & Co.’s global platform and reputation for handling the most complex investigations make it an ideal fit for me,” Zurita said.