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Fight over emergency Federal Reserve powers stalls $900 billion aid plan

December 20, 2020/in Internet Security

WASHINGTON >> An arcane battle over emergency Federal Reserve powers foiled efforts today to lock down an agreement on an almost $1 trillion COVID-19 economic relief package. Today’s deadlock was just the latest stumble in a partisan, months-long fight over pandemic relief and the lack of progress is backing lawmakers once again up against a government shutdown deadline Sunday night.

Lawmakers on both sides said a provision by Sen. Pat Toomey, R-Pa., that would curb emergency Federal Reserve powers was the sticking point. Republicans are insisting on the Toomey plan, while Democrats are adamantly against it. A compromise was proving elusive, but communications channels are open, as key lawmakers convened in scrums on the Senate floor and as Toomey and Senate Minority Leader Chuck Schumer, D-N.Y., met to exchange ideas.

“I think that we should be able to get a deal done,” Toomey said afterward.

“I think they agreed to go back and write down what they were saying, so everybody can read it and exchange paper,” said Sen. John Cornyn, R-Texas.

The latest pratfall likely upends hopes for a House vote Sunday and quick Senate action on an agreement that’s virtually ready save for Toomey’s provision.

“That has to be resolved. And then everything will fall into place,” said House Speaker Nancy Pelosi, D-Calif. “It’s a very significant difference.”

A new deadline of midnight Sunday for a government shutdown served as a backstop for the tortuous negotiations, which were being conducted in secret largely among the top four leaders in Congress.

“We need to conclude our talks, draft legislation, and land this plane,” said Senate Majority Leader Mitch McConnell.

Toomey defended his controversial provision in a floor speech, saying the emergency powers were designed to stabilize capital markets at the height of the COVID panic this spring and are expiring at the end of the month anyway. The language would block the Biden administration from restarting them.

Even Toomey said this week that his provision “could be seen as redundant,” but neither he nor his Democratic adversaries were backing down from the fight, though compromise language was being shuttled back and…

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Yellowbrick Announces New Features and Entry-Level Service Plan | Business & Finance

November 16, 2020/in Internet Security

PALO ALTO, Calif.–(BUSINESS WIRE)–Nov 16, 2020–

Hybrid cloud data warehouse company Yellowbrick Data today announced significant product innovations for optimizing enterprise performance, availability, and security and debuted a new entry-level offering that provides the power of Yellowbrick to enterprise customers with smaller-scale use cases.

“Data warehouses are becoming absolutely business-critical,” said Neil Carson, CEO of Yellowbrick Data. “Release 5 strengthens our product for demanding fault-tolerant applications, and our new Standard Service Plan extends the power of Yellowbrick to smaller use cases than before. Businesses of all sizes know that real-time data and analytics power their competitive edge. We’re committed to their success.”

Yellowbrick Data Release 5

Yellowbrick Data Release 5 delivers new capabilities that further strengthen Yellowbrick’s position as the leader in price/performance, including:

More investments in business-critical reliability and performance. Customers already depend on Yellowbrick’s Advanced Workload Management to help enable speed-of-thought insights 24x7x365. Release 5 adds rapidly self-healing clusters for fault tolerance. In addition, query visibility in Release 5 is more granular, giving users subsecond control of a query across its lifetime.
Finer-grained security. An updated security model now allows customers to fully protect their data warehouse with finer-grained security, limiting the number of super users.
Faster query building with SQL functions. Developers can be more productive and save time building queries with new support for SQL user-defined functions.

“Next-generation, enhanced Release 5 Workload Management features promise further performance and control in an already strong ‘big data’ warehousing and analytics platform,” said Steve Emmerich, chief architect at ACI Worldwide, a Yellowbrick customer that powers digital payments for more than 6,000 organizations around the world. More than 1,000 of the largest financial institutions and intermediaries, as well as thousands of global merchants, rely on ACI to execute $14 trillion each day in payments and securities.

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Russia-Based Hackers Plan New Wave of Attacks Against U.S. Hospitals: Security Firm

November 2, 2020/in Computer Security

A Russia-based ransomware group responsible for a new wave of attacks against U.S. hospitals is laying the groundwork to cripple at least ten more, according to the cyber-security firm Prevailion Inc.

Prevailion’s analysis comes a day after the FBI and two other federal agencies issued a warning about an imminent and credible threat to hospitals and health-care providers from cyber attacks, including ransomware capable of locking entire computer networks.

The hacking group responsible — known among some experts as UNC1878 and others as Wizard Spider — has already hit at least nine hospitals in three weeks, crippling critical computer systems and demanding multimillion-dollar ransoms.

The health-care attacks have been ongoing since at least September, according to the cyber-security firm Crowdstrike. The victims included Sky Lakes Medical Center in Klamath Falls, Oregon, where doctors are struggling to keep track of patient medications and other critical information on paper rather than the digital systems they normally use.

“The increased workload is astronomical for all hospital employees and will inevitably have an impact on patient care,” said one of the hospital’s doctors, who wasn’t authorized to speak to the press and asked not to be named.

The timing of the latest wave of attacks – coming as the U.S. nears 9 million coronavirus infections and hospitalizations surge – has unsettled security experts used to the ruthlessness of global cyber gangs.

“Certainly no cyber crime is good, but this really is despicable and evil,” said Karim Hijazi, Prevailion’s chief executive.

Over the last 24-hours, Prevailion has gained access to the communications that the Russian hackers are using to control computers inside U.S. hospitals, as well as other victims worldwide. That data shows that the hackers have infiltrated at least 440 organizations globally, including government agencies, pharmaceutical companies and universities, Hijazi said.

But it’s the targeting of medical care facilities that is most worrying. The infected organizations include hospitals in New Jersey, Georgia, Florida, Massachusetts, Texas and Arkansas, according to data provided by…

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Cyber Security Today – How firms plan for cyber attacks, Artech hit by ransomware, and email bomb threats return – IT World Canada

September 23, 2020/in Computer Security

Cyber Security Today – How firms plan for cyber attacks, Artech hit by ransomware, and email bomb threats return IT World Canada
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