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US urges 'action' needed to fight net attacks
http://news.bbc.co.uk/2/hi/technology/8548618.stm
Homeland Security secretary Janet Napolitano has admitted there is an urgent need to step up efforts to protect Americans from cyber attacks.
Her comments at the world's largest security conference hosted by vendor RSA, comes as the cyber threat grows ever more sophisticated.
Incidents like the attack on Google in China have underscored the issue.
"We need to do more and we need to do it faster," Secretary Napolitano told the audience in San Francisco.
She said the government was working with a "sense of urgency" and that the Department of Homeland Security, DHS, "stands at a very important juncture".
Secretary Napolitano stressed that even in working with the private sector, "again the sense of urgency needs to be increased".
Michael Chertoff, former DHS secretary, under President George W Bush, agreed.
"We are seeing in the intervening time the adversaries, whether they be criminals or nation states or terrorists, are not taking time off. So with each passing year, the need to move faster becomes greater."
'Intelligent systems'
In May 2009, President Obama made what was regarded as a watershed speech on the importance of dealing with the cyber threat.
Janet Napolitano Homeland Security Secretary
Ms Napolitano wants industry to partner with government
Ms Napolitano made reference to it as every government official who has addressed this conference has done.
"The President himself has described our networks and hardware as strategic national assets and called the growing number of attacks as one of the most serious... our nation faces."
Ms Napolitano listed a number of efforts the government is making towards a more strategic approach to the problem.
These include using a technology called Einstein to try and prevent attacks on federal networks before they happen.
Einstein is a so-called intrusion detection system that monitors the entry points into government networks for unauthorised traffic.
"We don't live in a static world. We have to evolve to deal with the threats," said Ms Napolitano.
The secretary made an appeal to security professionals and industry leaders at RSA to go the extra mile to increase security and improve their products so that security is automatic and the reaction to attacks can happen at internet speed.
'Nuclear option'
Government officials have come out in force at the RSA conference to drive home the message that the issue is a priority for the administration.
Google in China
The Google-China spat illustrates the evolving complexity of the threat
But Mr Chertoff points to a gaping hole in its strategy.
He told BBC News that during the cold war, an uneasy peace existed because "people understood if you launch, we are going to launch back".
Mr Chertoff said he does not advocate a nuclear option but prefers what he called a "deterrence option" that outlines what action will be taken against anyone who targets the US in a cyber attack .
"We need to state what we will tell the country we hold accountable if there is an attack on our network. We also need to lay out what will happen if the attack comes from a network they can't control in their own country and what sanctions we will take? Also should there be some international discussion or approach?
"Clarity in areas like these reduce the likelihood of a fight because everybody's expectations are clear and the antagonist can't say they don't know what they face if they attack us, " said Mr Chertoff.
Ms Napolitano ended her appearance with the launch of a competition to encourage cybersecurity experts and individuals to develop innovative new ways to enhance public awareness about the importance of safeguarding the nation's computer systems from attacks by criminals and terrorists.
Security by Collaboration: Social Media & Security
http://fcw.com/Webcasts/2010/03/Series-Security-by-Collaboration-Social-Media-and-Security.aspx?pc=G018EM11&utm_source=webmktg&utm_medium=EM&utm_campaign=G018EM11
1105 Government Information Group will present Linda Cureton, chief information officer, National Aeronautics and Space Administration; Chenxi Wang, Principal Analyst, Security and Risk Management, Forrester Research Inc.; and Samuel Chun, director of the Cyber Security Practice for HP Enterprise Services U.S. Public Sector, at 2 p.m. Wednesday, Mar. 31, where they will discuss the security barriers to adopting collaboration tools across the government from a human resources and leadership perspective.
Social media and collaboration tools promise a host of benefits to the federal government, but security vulnerabilities are only the first of a long list of barriers to adoption. Even the internal network faces challenges. While technology will play a role in the solution, growing research suggests that many security vulnerabilities are not failures of technology, but failures at the human resources and leadership level.
This presentation will address:
Security vulnerabilities facing government use of collaboration tools;
The leadership imperative in cybersecurity at an agency-wide level;
Case-studies of agencies that have successfully overcome the barriers facing adoption; and
A discussion of tools and techniques that can reduce security incidents and make agencies better stewards of information.
Following the presentation, there will be a question-and-answer session. The entire series will be made available in an online archive.
All 1105 Government Information Group events in this series are free of charge.
Date: Mar 31, 2010
Time: 2:00pm ET
Duration: 1 hour
Linda Cureton, Chenxi Wang, Samuel Chun
Mr. Chun joined EDS, now HP, in 2008 from the joint program office of the Secure Information Sharing Architecture Alliance (SISA), a security consortium led by Microsoft, Cisco and EMC for the global government market. Previously he was the director of information assurance for the Enterprise Technical Services Division of TechTeam Government Solutions where he served for 10 years in a variety of internal and external security roles, including leading the company’s compliance to the Sarbanes-Oxley Act of 2002. He was also an infrastructure consultant for SRA International.
Mr. Chun holds a variety of industry certifications, including being a Certified Information Systems Security Professional (CISSP). He is an industry authority on information security and a prolific writer, having authored numerous chapters in the Information Security Management Handbook series, of which he serves as a regular contributor. He has also had articles published in works such as the Homeland Defense Journal, IT Security Magazine and Government Security News.
Mr. Chun is a regular speaker at industry conferences and cybersecurity policy workshops and recently provided expert testimony on the “State of Federal Information Security” at a hearing before the House Subcommittee on Government Management, Organization and Procurement.
Mr. Chun is a graduate of Johns Hopkins University in Baltimore, Md., where he received both his bachelor’s and master’s degrees in psychology.
The trend is our friend :)
Monthly Closing prices:
Jan 4, 2010: $1.58
Feb 1, 2010: $2.14
Mar 1, 2010: $3.93
Apr 1, 2010: $????
VA kicks off huge multimillion-dollar buy for up to 600,000 PCs
http://www.nextgov.com/nextgov/ng_20100302_5398.php?oref=rss?zone=NGtoday
VA said in its request for information for its enterprisewide PC Refresh contract that it plans to award one indefinite delivery-indefinite quantity contract on a purchase or lease basis, with plan to release a request for proposals within three months.
The department owns about 240,000 PCs. The new contract will provide an additional 360,000 computers to supply recently opened clinics and to support VA's mission, officials said in a statement of work, which described the department's requirements.
In August 2007, giant computer manufacturer Dell won a three-year lease deal from VA valued at more than $248 million and the ordering period on that contract ends Aug. 3, 2010.
In its fiscal 2011 budget request, VA said it plans to spend $59.3 million to lease PCs from Dell in fiscal 2010, which ends Sept. 30, and $60 million on the new contract in fiscal 2011. It expects to acquire at least a minimum of 70,000 to 150,000 new PCs during the next four years using the new contract.
On its contract, Dell provides VA with one standard PC configuration, but the department wants to acquire two configurations under the new contract: a standard Windows PC with a 2.66-GHz processor and 4 gigabytes of memory, and an advanced system that has a 3.2-GHz processor and 8 gigabytes of memory.
Dell and PC manufacturer Hewlett-Packard, along with reseller CDW-G, are likely bidders for the upcoming PC buy. A spokesman said HP was interested in the procurement. CDW-G officials did not respond by deadline to a query on whether they intended to bid.
VA said in its request for information that it wants to determine if small businesses can meet its requirements, with responses due on March 15.
I spoke too soon...
Point and Figure just increased the Price Objective to $13.38
ENJOY!!!!!!!!!!!
Point and Figure Chart: New Price Objective Target of $12.63.
Wow!!!!
Hopefully we will see more of Wave mentioned on here.
http://www.securitystockwatch.com/
Exciting times!!!!!
Since the last survey I have quadrupled my holdings.
Great to see these days come...been a lonnnnnnnnnnnggggg time!!
See you all in Vegas!
Give PointFigure a break!! I have been trading for 15 years and you have to be CRAZY to think technicals do not play a part of a stock investment. Pro's utilize it all the time, unless your long term hold is 5m 10 years or 15 years. If many of used technicals in the DOT COM bubble days we would have sold once it dropped below the 50 DMA. So please post TECHNICAL information it is RELEVANT to as to what may bring the fundamentals up or down as the story plays out.
As I write this the P&F Charts have moved the Price objective to $8.13.
SEE YOU ALL IN VEGAS Hopefully very soooooon!!
WAVX will also be presenting to Roth Mar. 15-17, which is also in California.
Its going to be an interesting month...
Fortune 100 Companies:
Here is a link:
http://money.cnn.com/magazines/fortune/fortune500/2009/full_list/
Let's hope we hear some WAVX news with one of these companies.
Snackman, Would you care to do a recount?
Another possible market could be the Mobile phone market...
Snackman,
I know awhile back you had all the Wavoids email you the # of shares they currently were holding. Since then I am sure many have bought more shares like myself. I was wondering if you would want to do a re-count and see what the current number is as of today.
Thanks Snackman and the rest of the board for keeping me in there in the tough times. It was very hard to buy more shares at 0.40cents but glad I did.
http://www.nextgov.com/nextgov/ng_20100112_7868.php?oref=rss?zone=NGpopular
Government spending on information technology will grow nearly 4 percent, as agencies invest in software applications and services to enable transparency, accountability and modernize old computer systems, according to a federal IT research firm.
Federal IT spending will grow from $73 billion in fiscal 2009 to $75.7 billion in fiscal 2010, Government Insights predicted in a report it released on Tuesday. Civilian agencies will account for 55 percent of total spending, or $41.8 billion, while the Defense Department will spend $33.9 billion on IT goods and services.
"The overall bucket has increased," said Shawn McCarthy, research director for government vendor programs at Government Insights during a Tuesday Web conference to announce results of the report. During the last few years, civilian agencies have had sharper increases in IT spending than Defense, which has stabilized IT spending, and that trend should continue, he noted.
Among its 10 predictions about the 2010 government IT market, the company forecasted the government will spend $1.5 billion on IT services to support distribution and tracking of dollars awarded under the American Recovery and Reinvestment Act, as well as increased investments in accountability and reporting technologies to improve the stimulus spending Web site, Recovery.gov. The Recovery Board overhauled the site in September 2009 after critics complained about poor functionality.
"When you have that type of high-profile situation, government needs to get it right," McCarthy said.
Although agencies will increase efforts to improve transparency, the research firm predicted the government will put less emphasis on Web 2.0 services in favor of social networking applications that allow citizens to define how they interact with government.
"Social media is creating a lot of noise as government agencies get [connected] with Facebook, Twitter" and other software applications that can take the place of online services provided through agency Web sites, said Thom Rubel, vice president of research at Government Insights. "Government 2.0 is dying. Some [investment in social media] will create unintended disappointments, but we don't necessarily think that's a bad thing. Government needs to be prepared to sort and rationalize those interactions" and develop a more concrete strategy for citizen engagement in 2011.
Another technology that will fall short of expectations in 2010 is cloud computing, which Government Insights said is "not ready for prime time" due to legitimate concerns about security, data exchange challenges and performance. But it will begin to see greater adoption in 2011.
Spending on legacy IT equipment and services averages about 69 percent of federal IT budgets, according to Government Insights. Agencies will be forced to rely on existing IT systems in the coming year, investing in strategies to extend the life of aging systems such as service-oriented architecture, which relies on Web applications to link different systems and share information across multiple platforms.
Check out the chart: Target in the 4 dollar range..
http://stockcharts.com/charts/gallery.html?wavx
My guess is maybe a link with conference held by Google on the new phone or maybe news to come out during the CES which kicks off Wed.
Mig,
Sometimes the BID time and sales will actually be buys.
Posted few mins too soon, right before the 100K share trade.
200K shares traded 1st half hr. What is up??
We are on pace to exceed yesterdays volume... Charts showing this will be heading to $2 short term. Let's see how this plays out.
We just broke 0.93 resistance on heavy volume... If we can close above this that will be the new support. Interesting!!
Longtime shareholder, still waiting to celebrate in Vegas with all of you folks!!!
MP3 privacy breach exposes government's privacy liability
BY GAUTHAM NAGESH
Reports on Tuesday of a New Zealand man who purchased a secondhand MP3 player containing the personal information of U.S. soldiers highlighted the federal government's continuing inability to protect private information on unauthorized, third-party storage devices.
New Zealander Chris Ogle bought a used MP3 player in Oklahoma about a year ago, according to New Zealand's public television station, ONE News. A few weeks ago, when he plugged the player into his computer to download a song, Ogle found 60 military files stored on the device, which included names, addresses, and phone and Social Security numbers of U.S. soldiers. The files also contained what appears to be a mission briefing and lists of equipment deployed to Iraq and Afghanistan. Most of the files are dated 2005. ONE News reported that some of the phone numbers on the player are still active.
"The more I look at it, the more I see and the less I think I should be," Ogle told ONE News. Ogle offered to return the MP3 player to U.S. officials if requested.
Full story: http://www.nextgov.com/nextgov/ng_20090127_1412.php?zone=ngtoday <http://gove-media.com/portal/wts/ccmcfOaV4faqrO3LEFi8csAbyri>
I added 978 shares... Am I crazy?????????????
Looks like we blew thru $1.41 (200 Day MA) with good volume. Now if we can hold till the close that will be great. Next resistance would be $1.80.
It now looks like $1.28 is the support and $1.41 (200 day MA)is the resistance. Lets see what happens....
Something is cooking...
We broke thru the $1.28 resistance. If we can hold that with volume, technically this should bode well for the SP.
Dell's Future of Computing
http://fct.dell-events.com/
Seagate Unveils 1-Tbyte SAS And Self-Encrypting Hard Drives
http://www.crn.com/storage/207100123
By Joseph F. Kovar, ChannelWeb
4:14 PM EDT Mon. Apr. 07, 2008 Seagate on Monday said it has begun shipping the industry's first 1-Tbyte SAS hard drives and the first self-encrypting enterprise-class hard drives.
The company's new Barracuda ES.2 hard drives with a serial-attached SCSI (SAS) interface offer a 135-percent boost in performance over SATA hard drives, said Henry Fabian, executive director of enterprise marketing for Seagate Technology LLC, Scotts Valley, Calif.
However, their power consumption is up by only 1 Watt, said Fabian. That results in an increase in performance per Watt of power consumption of 38 percent over SATA, he said.
"A lot of integrators and system builders are putting together SATA systems with an interposer card in order to add full duplex capabilities (to get SAS-like performance)," he said. "So while SAS drives consume 1 Watt of power more than SATA drives, with the interposer card, the SATA drives actually draw more power than SAS. So when we bring in 1-Tbyte SAS drives, it doesn't make any more sense to use SATA."
The release of the 1-Tbyte SAS hard drives is part of a trend that has been going on over time, Fabian said. "Parallel SCSI is going away soon, and people will have to move to SAS," he said. "The last parallel SCSI drive will ship not too far in the future. We may see the end in this year. Seagate has already stopped producing them, so only leftover models are still available."
Todd Swank, vice president of marketing at Nor-Tech, a Burnsville, Minn.-based system builder, said the move to 1-Tbyte SAS drives is exciting, but how quickly customers will adopt them depends on price, as SAS drives have traditionally been more expensive than SATA drives.
"For high-end storage, SAS is important," Swank said. "This will enable a whole new level of storage servers. For customers who need the higher capacity and performance, this is exciting."
Seagate's Barracuda ES.2 family of SAS drives spin at 7,200 rpms, and have an average seek time of 8.5 milliseconds. They are available in 500-Gbyte, 750-Gbyte, and 1-Tbyte versions.
Seagate's new Cheetah 15K.6 FDE (Full Disk Encryption) hard drive for enterprise data centers has encryption technology built into the drive's controller ASIC, said Gianna DaGiau, product marketing manager for the vendor.
The company has already been shipping similar drives for notebook PCs, and has already announced the security technology for desktop PCs and portable USB-connected drives, DaGiau said.
However, such security technology is more difficult to add to enterprise data center hard drives because of issues related to ensuring that the data is really protected, she said.
"Inside the data center, there are many layers of technology to protect data," she said. "But Seagate and our competitors are working hard to ensure that data on a hard drive is readable for years. Most drives, when they leave the data center now, have data, but they don't have all those layers of protection."
DaGiau said that encryption at the hard drive level captures all the data automatically, with no need to classify the data and no impact on performance. This is important, she said, because of how changes in compliance regulations are starting to impact enterprise customers.
"We do this because compliance guidelines state that, if you don't know where your hard drive is, it could be that someone is reading the data," she said. "If you don't know where it is, you have to notify customers. And notification can cost millions."
The new 3.5-inch drives are available in capacities of 450 Gbytes, 300 Gbytes, and 147 Gbytes. They are available with SAS or Fibre Channel interfaces, and come with a five-year warranty.
The self-encrypting hard drives are expected to be available sometime this year, depending on OEM customers, DaGiau said. "Eventually, we expect this not to be an option, but a standard feature in all data center drives," she said.
Seagate's new 1-Tbyte hard drives were unveiled at the Storage Networking World conference, held this week in Orlando, Fla., while its new self-encrypting hard drives were unveiled at the RSA Conference, held this week in San Francisco.
Accumulation/Distribution
Looks like accumulation has been going on since end of Dec. 07.
Very positive...Chauklin Money Flow. I think I will nibble another 500-600shares this coming week.
Take a look at the chart...
http://stockcharts.com/charts/gallery.html?wavx
Let me know what you chart experts think...
WAVEVEGAS
Accumulation Occuring!!
See the chart with positive money flow into WAVX.
http://stockcharts.com/charts/gallery.html?wavx
Somebody knows something!!
geeks.com website hacked...
http://consumerist.com/341408/geekscom-website-hacked-customer-data-stolen
WOW!! That is great!
Here is another website confirming stockcharts.com numbers.
http://quote.barchart.com/techrept.asp?sym=WAVX
The ad was on the back cover. I think that is the most expensive ad page, but then again I do not have a marketing degree.
Hello all, I have a subscription to business week magazine. I received the magazine in the mail yesterday. It was great to see Wave in an advertising print.
This should be a great 2008 for us invested in WAVX.
Long since 03'
could the govt. contractor be SAIC??
http://www.saic.com/about/