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GSN 2012 Awards announced: White House deputy of homeland security recognized for leadership at annual gala

GSN Awards 2012

Hundreds of the best of the homeland security community’s federal, state and municipal government officials, government contractors, systems integrators, IT vendors and physical security product and solutions providers all came together the night of November 29 in a ballroom of the Washington, D.C. convention center to receive accolades.

The GSN awards dinner, which has become a Washington tradition over the last four years, offered a chance for the excellence and civic-minded spirit of homeland security efforts nationwide to be recognized.

Not only were the best tools and technologies acknowledged , but the people and groups who use them, from local police departments in Florida and Washington state, to the White House, were honored at the event.

During the awards ceremonies, Richard Reed, Deputy Assistant to President Obama for Homeland Security, received the second annual Government Security News/Raytheon Award for Distinguished Leadership and Innovation in Public Safety and Security. Reed was chosen for tireless work in his key role in leading the development of national policy related to resilience, transborder security and community partnerships. He has been described as the president’s eyes and ears during disasters. In crises, such as the Gulf oil spill, H1N1 pandemic, and Haiti earthquake, Reed has sprung into action at the White House, coordinating information and gathering people to cope with these catastrophes.

Reed told Government Security News in an interview after the dinner that gatherings like GSN’s awards ceremony were invaluable in demonstrating that the hard work of creating a resilient, strong response to crises is performed by thousands of individuals, like those in attendance. Gatherings that bring the diverse emergency response and homeland security communities together can broaden perspectives and spur new ideas, he said.

Reed has been a determined, mostly behind-the-scenes, captain of federal emergency response efforts during the Bush and Obama administrations, helping prepare for, and respond to, some of the worst natural disasters the nation has known, from one of the deadliest tornado seasons in history in the Midwest, to historic wild fires in the west, and massive storms in the eastern U.S.

Reed said the key to capable response to such staggering events lies not only in federal hands, but in enabling state, local and even personal responses. Getting resources and training in place before disasters happen goes a long way in an effective response and recovery, he said. “The true first responders are friends, neighbors and co-workers” in the immediate aftermath of a disaster, said Reed. Local police, firefighters and other agencies arrive second, he said. Enabling people with information concerning what resources are available or where they can go for help or supplies empowers them, said Reed.

Government Security News managing partner Adrian Courtenay has made the GSN/Raytheon award an annual tradition. The prize is sponsored by the Raytheon Company, a technology and innovation leader specializing in defense, homeland security and other government markets throughout the world, which is headquartered in Waltham, MA.

Notable 2012 government excellence award winners included the local police departments in Tampa and St. Petersburg, FL, for their ground-breaking work in preparing for the Republican National Convention in Tampa this past summer. The departments put together comprehensive plans to gently defuse potentially volatile political demonstrations at the event. Both departments were also praised for implementing an innovative interoperable communications network during the GOP convention.

The Lawrence Livermore National Laboratory was recognized for its groundbreaking work on a small radiation detector. The Naval Air Systems Command won an award for its work on the Kestrel Wide Area Persistent Surveillance program, which developed an aerostat for long-term surveillance capabilities to protect ground soldiers in Afghanistan.

The complete list of GSN’s 2012 Award winners appears below: 

CATEGORY 1 – VENDORS OF IT SECURITY PRODUCTS AND SOLUTIONS

 

Best Anti-Malware Solution

 

Invincea

 

Best Identity Management Platform

 

Alert Enterprise

 

Best Certificate Management Solution

 

Entrust

 

Best Compliance /Vulnerability Assessment Solution

 

Agiliance

 

Best Data Security/Loss Management Solution

 

WAVE Systems

 

Best Endpoint Security Solution

 

StillSecure

 

Best Forensic Software

 

Silvertail

 

Best Intelligence Data Fusion and Collaborative Analysis Solution

 

Lookingglass Cyber Solutions

 

Best Intrusion Detection/Prevention Solution

 

Intellidyne

Vanguard Integrity Professionals

 

Best Network Security/Enterprise Firewall

 

Black Lotus

 

Best Privileged Access Management Solution

 

Kikusema

Xceedium

 

Best Real-Time Dynamic Network Analysis

 

Fidelis Security

 

Best Continuous Monitoring Solution

 

ForeScout

Redseal

 

Best Security Incident/Event Management Solution (SIEM)

 

NetIQ

 

CATEGORY 2 – VENDORS OF PHYSICAL SECURITY PRODUCTS & SOLUTIONS

 

PHYSICAL SECURITY ACCESS CONTROL & INDENTIFICATION

 

Best Biometric Identification Solution

 

Fulcrum Biometrics

 

Best Integrated System for HSPD 12/FIPS 201 Compliance

 

Brivo

 

Best Platform for Physical and Logical Access

 

Alert Enterprise

 

COMMUNICATIONS

 

Best Interoperable First Responder Communications

 

Covia Labs

 

Best Mass Notification Systems

 

AtHoc

 

Best Regional or National Public Safety Communications Deployment

 

Desktop Alert

 

DETECTION PRODUCTS

 

Best Explosives Detection Solution

 

AS&E

 

Best Long Range Detection Systems

 

Vidisco

 

Best Nuclear/Radiation Detection

 

Lawrence Livermore National Laboratory

 

VIDEO SURVEILLANCE

 

Best Intelligent Video Surveillance Solution

 

Panasonic

 

Best Thermal/Night Vision/Infrared Cameras

 

HGH Infrared Systems

Vumii

 

Best Network IP Cameras

 

Axis Communications

 

Best Video Storage/Digital Transmission Systems

 

Panasonic

 

OTHER PRODUCTS

 

Best Perimeter Protection Solution

 

Senstar

 

Best Crash Barriers

 

Nasatka

 

Best Physical Security Information Management (PSIM) Solution

 

NICE Systems

 

SERVICES

 

Best Disaster Preparedness or Disaster Recovery & Clean-up Service

 

High-Rise Escape Systems

 

Best Facility Security/Force Protection Service

 

Whitestone Group

 

Best Homeland Security Training/Higher Education Solutions

 

Bellevue University

 

Category 3: Government Security News 2012 Government Excellence Awards

 

Most Notable Airport Security Award

 

Defense Manpower Agency

 

Most Notable Maritime/Port Security Program

 

Ohio Department of Public Safety/Northern Border Initiative

 

Most Notable Railroad/Mass Transit Security Program

 

Denver Regional Transportation Authority

 

Most Notable Critical Infrastructure Program, Project or Initiative

 

U.S. Veterans Administration Hospital, Tucson, AZ

 

Most Notable Cyber Security Program, Project or Initiative

 

U.S. Department of Energy

 

Most Notable Emergency Response Implementation

 

U.S. National Guard

Federal Emergency Management Agency (FEMA)

 

Most Notable Law Enforcement Interdiction, Arrest or Counter-Terrorism Program

 

Orange County Intelligence Assessment Fusion Center

 

Most Notable Municipal/County Programs, Projects or Initiatives

 

Seattle, Washington Police Department

Tampa and St. Petersburg, Florida Police Departments

 

Federal Government

 

Naval Air Systems Command (Kestrel Wide Area Persistent Surveillance)

GSN 2012 Homeland Security Awards program open for entries

The Government Security News 2012 Homeland Security Awards Program officially opened for entries on May 1, once again featuring 45 Awards in three broad Categories:Best Vendors of IT Security Products and Solutions, Best Vendors of Physical Security Products and Solutions and the 2011 Government Excellence Awards.

Returning as corporate Sponsors of the 2012 Program are BRS Laboratories of Houston, TX -- a leading software development company for video behavioral recognition software that deploys easily and rapidly on large scale video networks and provides actionable information without inundating end users with false alarms -- and Entrust, Inc. , of Dallas, TX, which offers physical/logical access, mobile security, certificate management and other identity-based solutions to governments and large enterprises.  Additional sponsors will be announced, and profiles of all 2012 sponsors, will be published in coming weeks. Companies interested in joining the ranks of sponsors of the 2012 Awards Program should contact GSN Publisher and World Business Media President, Edward Tyler, at 212-344-0759, ext. 2001.

The cost to submit an entry in the 2012 program is $295 for vendors of IT security and physical security products and solutions. As in previous years, there is no cost for entries in the 10 categories of awards for federal, state and local government agencies. Vendors of IT and physical security products and solutions may nominate themselves or be nominated by colleagues or government clients, while government agencies or departments may similarly nominate themselves or be nominated by other agencies, colleagues or vendors.

According Adrian Courtenay, managing partner of World Business Media, several new categories created in 2011 to acknowledge successful initiatives of federal, state or local agencies in responding to emergencies, countering terrorism and preventing crime will again be included in 2012. These categories are “Most Notable Emergency Response Implementation – Federal, State or Local”; “Most Notable Law Enforcement Interdiction, Arrest or Counter Terrorism Program – Federal, State or Local”; and “Most Notable Counter Terrorism or Crime Prevention Program”.

In the 2011 contest, the Bastrop Country, TX, Unified Command (including county, state and federal government agencies) was awarded the trophy for “Most Notable Emergency Response Implementation” in battling 2011 Texas wildfires in Bastrop County. The United States Customs and Border Protection, Detroit Sector, was winner in the “Most Notable Law Enforcement Interdiction or Arrest” category for a dramatic arrest on St. Clair River in Detroit, and the Los Angeles Police Department was recognized for having the “Most Notable Law Enforcement Counter Terrorism or Crime Prevention Program.”

Another category that was new in 2011, “Most Notable Cyber Security Program or Technology – Government or Military”, will also be continued, in recognition of the emergence of Cyber Security as a vitally important component of overall security for any nation. The winner of this award in 2011 was the National Oceanic and Atmospheric Administration.

The 2012 Awards Program will once again culminate with a gala awards dinner in the fall, at a venue to be announced shortly. In the 2011 program, the “GSN/Raytheon Award for Distinguished Leadership and Innovation” was introduced and presented to Admiral Thad Allen (US Coast Guard-ret.), who came out of retirement twice in recent years to serve his country, first in heading up the federal response to Hurricanes Katrina and Rita, and later in managing the response to the Deepwater Horizon oil spill in the Gulf of Mexico.

In remarks for the 2011 Awards Dinner audience, Admiral Allen said the continuing work of technology companies and first responders was key in any disaster. He urged everyone to become a “lifelong rapid learner” to better cope with disasters, both man-made and natural. He also said “reconciling opportunity and competency” when disaster strikes is essential to any effective recovery, and being on top of the latest, most effective technology is a product of being a lifelong rapid learner. He also said clear communications is also a key to effective response and amplified his call for a nationwide interoperable first responder radio network. 

Photos of the 2010 awards reception and dinner are available at www.flickr.com/photos/[email protected]/, and video interviews with Admiral Allen, as well as sponsors and winners in the 2011 Awards program, are available at the GSN Video Center at www.gsnmagazine.com/videocenter.

Entry forms and other information about the 2012 Awards Program are available at www.gsnmagazine.com/hsa2012/welcome.

GSN 2011 Awards Program opens for entries on April 26

Government Security News has announced that its 2011 Homeland Security Awards Program  will officially open for business and start accepting entries in the program’s 45 awards categories on Tuesday, April 26.

The 2011 program contains a number of exciting new categories, reflecting the dynamically changing threat environment, in all three of the overall awards groupings: Best Vendors of IT Security Products and Solutions, Best Vendors of Physical Security Products and Solutions, and the 2011 Government Excellence Awards.

The cost for each entry in the 2011 program is $295 for vendors of IT security and physical security products and solutions. As in previous years, there is no cost for entries in the 10 categories of awards for federal, state and local government agencies.

Vendors of IT and physical security products and solutions may nominate themselves or be nominated by colleagues or government clients, while government agencies or departments may similarly nominate themselves or be nominated by other agencies, colleagues or vendors.

Adrian Courtenay, Managing Partner of GSN’s parent company, World Business Media, LLC, cited two intriguing new categories in the government sector that have been selected to acknowledge solid “boots on the ground” achievements of federal, state or local agencies in responding to emergencies, countering terrorism and stopping crime. These categories are “Most Notable Emergency Response Implementation – Federal, State or Local” and “Most Notable Law Enforcement Interdiction, Arrest or Counter Terrorism Program – Federal, State or Local.”

Acknowledging the increasing importance of cyber security and the threat of cyber war among nation-states, Courtenay also pointed out that the government awards in 2010 have been expanded to include a category titled, “Most Notable Cyber Security Program or Technology – Government or Military.”

Returning for its third year as a sponsor of the GSN Awards Program is founding sponsor ArcSight, now a business unit of Hewlett Packard Software and Solutions, whose enterprise threat and risk platform is an integrated product for collecting, analyzing and assessing security and risk information. ArcSight is also a repeat winner in the GSN awards program for its Security Incident Event Management (SIEM) products for collecting, analyzing and assessing security incident event information.

Also returning as event sponsors are General Dynamics C4, located in Phoenix, AZ, a major developer and integrator of secure communications and information systems and technology; and  Mutualink, another GSN award winner, which creates networks of interoperable communities that can instantly share radio, voice, text, video and data files, and telephone communications in a secure environment.

The fourth and final sponsor to date in the 2011 Awards Program is Behavioral Recognition Systems, Inc., of Houston, TX, also known as BRS Labs, whose software uses the fascinating, scientifically developed cognitive reasoning and artificial intelligence of behavioral analytics to leverage a stream of intelligence from millions of surveillance cameras worldwide, in order to provide alerts regarding abnormal or suspicious behavior.

Profiles of each of the 2011 sponsors will be posted on the GSN Web site in the coming weeks.

Additional companies or organizations interested in joining the ranks of 2011 sponsors of the GSN 2011 Homeland Security Awards Program should contact GSN Publisher and World Business Media President, Edward Tyler, at 212-344-0759, ext. 2001.

According to Courtenay, the 2011 Awards Program will culminate with the annual awards dinner in early November at a venue to be announced shortly. “It’s going to be hard to top last year’s elegant dinner and spectacular after-dinner keynote presentation by four-star General Barry McCaffrey (USA-Ret.). But we’re going to try!”

In 2010, the GSN awards were presented to a sold-out ballroom at the JW Marriott Hotel in Washington, DC, that included many distinguished government and military officials, academics, law enforcement and public safety professionals from across the country, along with the systems integrators, defense contractors and vendors of products and solutions used in homeland security.

Photos of the 2010 awards reception and dinner are available at:

www.flickr.com/photos/[email protected]/.

Further information and entry forms for the 2011 Awards Program are available at:

www.gsnmagazine.com/hsa2011/welcome.

Obama seeks three percent hike in discretionary budget at DHS

Despite official murmurings a few months ago that the fiscal year 2011 budget request for DHS might decline slightly, the budget package unveiled on February 1 actually shows a three percent increase in “discretionary spending” by DHS in 2011, versus the prior year, and modest growth, at approximately the predicted rate of inflation, in the outer years.

“The total fiscal year 2011 budget request for DHS, including fee funded and mandatory spending, is $56.3 billion, a two percent increase over the fiscal year 2010 enacted level,” said Peggy Sherry, the acting  chief financial officer at DHS, in a telephone conference call with journalists on February 1. “The department’s fiscal year 2011 net discretionary or appropriated funding request is $43.6 billion, an increase of three percent over the fiscal year 2010 enacted level.”

In releasing his overall budget request, President Obama proposed a freeze in government spending for a portion of the discretionary domestic spending plan for three years, but he specifically exempted homeland security expenditures from that freeze. “It won’t apply to our national security – including benefits for veterans,” said Obama in remarks he made in the White House on February 1.

Some observers speculated that the slight bump up in DHS spending may have resulted from the nationwide trauma caused by the failed Christmas Day underwear bombing attempt, and the urgent call for stronger screening measures at the country’s airports. However, a DHS official who participated on the conference call with journalists, but requested anonymity, would not attribute the budget increase to that terrorist attack.

“As part of the budget process, we examined different scenarios and options,” explained the official. “Those are discussions that are internal to the Administration and what you see in the budget release today is the end product of all those budget deliberations.”

Among the thousands of individual line-items for specific programs and planned procurements are the following highlights:

Advanced imaging systems – The 2011 budget requests an additional $214.1 million to install about 500 extra advance imaging technology machines at airport checkpoints, above and beyond the 500 systems that had already been planned. These funds will place such whole body scanners in 75 percent of the country’s largest airports, said Sherry.

Explosive detection – Beyond body scanners, DHS will seek an additional $85 million to bolster international flight coverage by federal air marshals, an increase in $60 million for an additional 800 explosive trace detection machines and a $71 million bump up to pay for an additional 275 K-9 teams at airport check points.

Border Patrol – The new budget envisions a decrease of 180 personnel in the ranks of the Border Patrol, which will be achieved largely through attrition. A DHS official suggested that the overall operating effectiveness of the Border Patrol will not be affected by this decline in personnel slots because the Border Patrol has almost doubled in size during the past five years. “A lot of the agent workforce, the substantial portion of it, has only a couple of years experience,” said this DHS official. “As they become more seasoned and more mature in their jobs, their effectiveness will increase, and because we are not doing the extensive hiring of 2,000 to 3,000 new agents a year, we can afford to put less into training improvement.”

Cyber-security – By contrast, DHS is planning a substantial beef-up in its cyber-security efforts. The new budget seeks $379 million to develop the National Cyber Security Division, which will attempt to safeguard the dot.gov and dot.com domains, and limit the nation’s vulnerability to computer attacks. DHS wants to add another $5 million to the $5 million that was in last year’s budget for the National Cyber Security Center, which one DHS official characterized as “still in its infancy.” The budget envisions an increase in the Center’s staffing to 40 people and the enhancement of its expertise, so it can integrate with other cyber-centers throughout the federal government.

Terror trials – Contrary to media reports that a terror trial in Manhattan might require a billion dollars in security measures, the 2011 budget request for DHS includes only $200 million for such security measures, which would be available through the traditional urban area grant programs. “The department took a look at it and we think $200 million is really our best estimate of the costs,” said the DHS official.

Federal contracting – In what it calls “re-balancing the workforce,” DHS is planning to rely less on outside vendors and more on internally recruited and trained personnel, particularly in the areas of cyber-security --  where DHS is authorized to hire as many as 1,000 new cyber-specialists – and the intelligence work often referred to as “connecting the dots.” “In our analysis and operations activity, we have a major increase in the number of feds doing intelligence type work,” said Sherry.

Coast Guard – A DHS fact sheet issued by the Office of Management and Budget points out that the budget request includes $538 million for a fifth National Security Cutter and $240 million to produce four new Fast Response Cutters. Even so, the new budget seeks funds for 1,100 fewer active duty Coast Guard personnel. “We are looking to reorganize and restructure certain elements of the Coast Guard to create greater efficiency,” explained a DHS official, “and there are obviously tradeoffs made as part of that to ensure we could continue to recapitalize the Coast Guard.”

President Obama’s budget request was delivered to Capitol Hill and will now undergo months of scrutiny by lawmakers. Fiscal year 2011 begins officially on October 1, 2010.

KBR Steps Up Expansion into High End Government Services with Acquisition of SGT

 

HOUSTON, Feb. 23, 2018 -- KBR, Inc. (NYSE: KBR) announced today it has entered into a definitive agreement to purchase Stinger Ghaffarian Technologies, Inc. (SGT) a leading provider of technology solutions, engineering services, mission operations, scientific and IT software solutions in the Government Services market.

SGT has a distinguished heritage delivering technology solutions and services to the U.S. government for space programs, national security and civilian operations. The addition of SGT solidifies KBRwyle's position as an established leader in human space exploration and opens up significant new opportunities in both civil and military space.  The acquisition will also strengthen KBR's support for strategic clients and enhance our position for opportunities in the national security and commercial space markets.

NASA's recent budget requests prioritizing growth in deep space exploration, science, low earth orbit and spaceflight operations and its emerging strategy to potentially utilize public-private partnerships or other commercialization to support the International Space Station (ISS), provides validation for KBR's strategy across NASA which is directly supported by the acquisition of SGT. 

This strategic acquisition of SGT builds on previous acquisitions of Wyle and HTSI and will be an important accelerator to KBR's strategy to increase technology and mission capabilities.  SGT is only the 2nd company in the United States and the 22nd in the world to hold the CMMI Institute's Capability Maturity Model Integration (CMMI)® Level 5 for Development and Services.

"SGT is a great company with very talented people and is the right fit for us as we continue to grow our Government Services portfolio and position ourselves to expand into new areas in line with our strategy," said Stuart Bradie, KBR President and CEO.  "With our combined best in class capabilities and shared position for innovation and performance, we can capitalize on revenue synergies in a market with strong fundamentals.  

"We are excited to bring SGT into the KBRwyle family," Bradie said.  "This is a strong cultural fit.  Like KBR, SGT is a people company that operates with integrity and delivers strong results by putting customers and employees at the forefront of everything they do."

KBR expects SGT to become a business unit within KBRwyle and will maintain SGT's current management structure in order to preserve a continuity of services to customer during transition.

"This transaction creates an exciting future," said Dr. Kam Ghaffarian, President and CEO of SGT. "As a combined entity, we will be able to bring powerful capabilities and solutions to the marketplace and broaden our service offerings for our existing customers. The alignment of the strong employee focused cultures and the combined business synergies makes this an ideal situation."

The transaction is expected to be accretive to adjusted earnings per share in the first full year after closing, excluding non-recurring transaction costs. The transaction has been unanimously approved by the KBR Board of Directors and is subject to certain regulatory approvals and customary closing conditions.  

About KBR, Inc.

KBR is a global provider of differentiated professional services and technologies across the asset and program life cycle within the Government Services and Hydrocarbons sectors. KBR employs approximately 34,000 people worldwide (including our joint ventures), with customers in more than 75 countries, and operations in 40 countries, across three synergistic global businesses:

  • Government Services, serving government customers globally, including capabilities that cover the full life-cycle of defense, space, aviation and other government programs and missions from research and development, through systems engineering, test and evaluation, program management, to operations, maintenance, and field logistics
  • Technology & Consulting, including proprietary technology focused on the monetization of hydrocarbons (especially natural gas and natural gas liquids) in ethylene and petrochemicals; ammonia, nitric acid and fertilizers; oil refining; gasification; oil and gas consulting; integrity management; naval architecture and proprietary hulls; and downstream consulting
  • Engineering & Construction, including onshore oil and gas; LNG (liquefaction and regasification)/GTL; oil refining; petrochemicals; chemicals; fertilizers; differentiated EPC; maintenance services (Brown & Root Industrial Services); offshore oil and gas (shallow-water, deep-water, subsea); floating solutions (FPU, FPSO, FLNG & FSRU) and program management

KBR is proud to work with its customers across the globe to provide technology, value-added services, integrated EPC delivery and long term operations and maintenance services to ensure consistent delivery with predictable results. At KBR, We Deliver.

Visit www.kbr.com

Forward Looking Statement

The statements in this press release that are not historical statements, including statements regarding future financial performance, are forward-looking statements within the meaning of the federal securities laws. These statements are subject to numerous risks and uncertainties, many of which are beyond the company's control that could cause actual results to differ materially from the results expressed or implied by the statements. These risks and uncertainties include, but are not limited to: the outcome of and the publicity surrounding audits and investigations by domestic and foreign government agencies and legislative bodies; potential adverse proceedings by such agencies and potential adverse results and consequences from such proceedings; the scope and enforceability of the company's indemnities from its former parent; changes in capital spending by the company's customers; the company's ability to obtain contracts from existing and new customers and perform under those contracts; structural changes in the industries in which the company operates; escalating costs associated with and the performance of fixed-fee projects and the company's ability to control its cost under its contracts; claims negotiations and contract disputes with the company's customers; changes in the demand for or price of oil and/or natural gas; protection of intellectual property rights; compliance with environmental laws; changes in government regulations and regulatory requirements; compliance with laws related to income taxes; unsettled political conditions, war and the effects of terrorism; foreign operations and foreign exchange rates and controls; the development and installation of financial systems; increased competition for employees; the ability to successfully complete and integrate acquisitions; and operations of joint ventures, including joint ventures that are not controlled by the company.

KBR's most recently filed Annual Report on Form 10-K, any subsequent Form 10-Qs and 8-Ks, and other Securities and Exchange Commission filings discuss some of the important risk factors that KBR has identified that may affect the business, results of operations and financial condition. Except as required by law, KBR undertakes no obligation to revise or update publicly any forward-looking statements for any reason.

 

SOURCE KBR, Inc.

Related Links

http://www.kbr.com

SEC Commission Statement and Guidance on Public Company Cybersecurity Disclosures

In light of the increasing significance of cybersecurity incidents, the Commission believes it is necessary to provide further Commission guidance. This interpretive release outlines the Commission’s views with respect to cybersecurity disclosure requirements under the federal securities laws as they apply to public operating companies. While the Commission continues to consider other means of promoting appropriate disclosure of cyber incidents, we are reinforcing and expanding upon the staff’s 2011 guidance. In addition, we address two topics not developed in the staff’s 2011 guidance, namely the importance of cybersecurity policies and procedures and the application of insider trading prohibitions in the cybersecurity context.

First, this release stresses the importance of maintaining comprehensive policies and procedures related to cybersecurity risks and incidents. Companies are required to establish and maintain appropriate and effective disclosure controls and procedures that enable them to make accurate and timely disclosures of material events, including those related to cybersecurity. Such robust disclosure controls and procedures assist companies in satisfying their disclosure obligations under the federal securities laws.

Second, we also remind companies and their directors, officers, and other corporate insiders of the applicable insider trading prohibitions under the general antifraud provisions of the federal securities laws and also of their obligation to refrain from making selective disclosures of material nonpublic information about cybersecurity risks or incidents.

The Commission, and the staff through its filing review process, continues to monitor cybersecurity disclosures carefully.

 

Read the full statement.

 

 

Elbit Systems to Participate for the First Time in the Mobile World Congress in Barcelona

HAIFA, Israel, Feb. 21, 2018  -- Elbit Systems Ltd. (NASDAQ: ESLT) (TASE: ESLT) ("Elbit Systems" or "the Company") announces that it will be showcasing for the first time at the Mobile World Congress, taking place in Barcelona from February 26 until March 1, 2018. Visitors to the Company's booth (Hall 2 #2E50) will be able to view a demonstration of WideBridge™, an innovative, proven and secure, immediate communication solution for small and medium businesses. 

WideBridge is comprised of proprietary technology that enables Mobile Network Operators (MNOs) to provide organizations with an immediate secure communication service over LTE/3G/WiFi networks. WideBridge enables MNOs to offer Push to Talk over Cellular (PoC) communication, enhanced with Voice, Video and Map activated services. Integrated into the business' operational processes and organizational information technology systems, WideBridge facilitates group collaboration among people and devices. WideBridge enables immediate cross organizational communication at the push of a button, replacing legacy PTT systems and providing customers with a secure and cost effective solution, fully compatible with Android and iOS systems.

Tested by first responders in homeland security and crisis management events, WideBridge is a field proven system that draws on Elbit Systems' decades of experience in communication systems. Pelephone, a leading Israeli MNO, has recently integrated Elbit Systems' WideBridge into its core network and initiated a large scale user trial of an advanced PoC based organizational communication service package that includes group video calls, conversation recording, web-camera connectivity and the presentation of user location on a digital map.

Israel Eiby, VP Business Customers of Pelephone, commented: "Pelephone has identified the need for immediate yet smart organizational communications. Spearheading the IoT revolution in Israel, Pelephone selected Elbit Systems' innovative solution that enables seamless, efficient and cost effective integration between various communications platforms and the organization core systems. The combination of our leading market position and Elbit Systems' technology leadership enables us to introduce an advanced PoC service that provides our customers with a comprehensive solution from application, through management interface to handsets."

Haim Teichholtz, VP Engineering of Elbit Systems Land and C4I Division, said: "Technological innovation is a core competence of Elbit Systems. We are proud to demonstrate the Widebridge system, leveraging our technological leadership in defense communications to provide innovative solutions for business organizations."

About Elbit Systems

Elbit Systems Ltd. is an international high technology company engaged in a wide range of defense, homeland security and commercial programs throughout the world. The Company, which includes Elbit Systems and its subsidiaries, operates in the areas of aerospace, land and naval systems, command, control, communications, computers, intelligence surveillance and reconnaissance ("C4ISR"), unmanned aircraft systems, advanced electro-optics, electro-optic space systems, EW suites, signal intelligence systems, data links and communications systems, radios and cyber-based systems. The Company also focuses on the upgrading of existing platforms, developing new technologies for defense, homeland security and commercial applications and providing a range of support services, including training and simulation systems.

For additional information, visit: www.elbitsystems.com, follow us on Twitter or visit our official YouTube Channel.

This press release contains forward‑looking statements (within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended) regarding Elbit Systems Ltd. and/or its subsidiaries (collectively the Company), to the extent such statements do not relate to historical or current fact. Forward-looking statements are based on management's expectations, estimates, projections and assumptions.  Forward‑looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. These statements are not guarantees of future performance and involve certain risks and uncertainties, which are difficult to predict. Therefore, actual future results, performance and trends may differ materially from these forward‑looking statements due to a variety of factors, including, without limitation: scope and length of customer contracts; governmental regulations and approvals; changes in governmental budgeting priorities; general market, political and economic conditions in the countries in which the Company operates or sells, including Israel and the United States among others; differences in anticipated and actual program performance, including the ability to perform under long-term fixed-price contracts; and the outcome of legal and/or regulatory proceedings. The factors listed above are not all-inclusive, and further information is contained in Elbit Systems Ltd.'s latest annual report on Form 20-F, which is on file with the U.S. Securities and Exchange Commission. All forward‑looking statements speak only as of the date of this release. The Company does not undertake to update its forward-looking statements.

Elbit Systems Ltd., its logo, brand, product, service and process names appearing in this Press Release are the trademarks or service marks of Elbit Systems Ltd. or its affiliated companies. All other brand, product, service and process names appearing are the trademarks of their respective holders. Reference to or use of a product, service or process other than those of Elbit Systems Ltd. does not imply recommendation, approval, affiliation or sponsorship of that product, service or process by Elbit Systems Ltd. Nothing contained herein shall be construed as conferring by implication, estoppel or otherwise any license or right under any patent, copyright, trademark or other intellectual property right of Elbit Systems Ltd. or any third party, except as expressly granted herein.

Contact:

David Vaaknin David
VP, Head of Corporate Communications
Tel:  +972-77-2946691
Cell: +972-52-8000403
[email protected]

Dana Tal-Noyman
Manager Corporate Communications & Digital
Tel: +972-77-2948809
Cell: +972-54-9998809
[email protected]

Noga Hatkevitz
Corporate Communications
Tel: +972-77-2947541
Cell: +972-54-9990424
[email protected]

 

SOURCE Elbit Systems Ltd

Related Links

http://www.elbitsystems.com

Global study reveals cybersecurity professionals believe a catastrophic data breach to their organization is inevitable

WALTHAM, Mass., Feb. 21, 2018 -- A new global cybersecurity study commissioned by Raytheon (NYSE: RTN), in partnership with Ponemon Institute, reveals a majority of senior-level IT professionals fully expect their organization will experience a catastrophic data breach that could greatly impact shareholder value. The 2018 Global Megatrends in Cybersecurity survey of 1,100 senior-level IT and IT security global practitioners also shows that despite growing threats, IT professionals believe cybersecurity is still not considered a strategic priority among senior leadership.

"Our hope is that CISOs and senior leaders can use this report as a tool to start a deep dialogue about the critical need for cybersecurity within their organizations," said Raytheon Chairman and CEO Thomas A. Kennedy. "Every day the cyber threat is growing more sophisticated and aggressive, posing a real threat to global businesses across all sectors. To reduce risks, leaders must urgently work with their IT teams to identify potential vulnerabilities, develop an action plan and make the investments needed to protect the value of their organization."

The study looks at how cyber trends have evolved since Raytheon first sponsored the research in 2015. It also asks security professionals in the U.S., Europe, Middle East and North Africa to identify future trends over the next three years. Key findings include:

  • 82% of respondents predict their workplace will suffer a catastrophic data breach in the next three years as a result of unsecured IoT devices. 66% say such an attack would seriously diminish shareholder value.
  • 67% believe cyber extortion, such as ransomware and data breaches will increase in frequency and payout.
  • 60% predict nation-state attacks against government and commercial organizations will worsen and could potentially lead to a cyber war.
  • 46% believe their cybersecurity strategy will improve, down from 59% in 2015.
  • 60% expect their companies will have to spend more to achieve regulatory compliance and respond to lawsuits and litigation.

Despite growing concerns about sophisticated and persistent cyber threats, only 36% of respondents believe senior leadership consider cybersecurity a strategic priority. Senior leadership are also seen as seemingly disengaged in the oversight of their organization's cybersecurity strategy with 68% of CISO/IT Executives surveyed saying their Boards are not being briefed on measures taken to prevent or mitigate the consequences of a cyberattack.

"Conversations around cybersecurity resiliency are happening among our nation's top intelligence chiefs, yet business leaders still have not made cybersecurity a business priority," said Dr. Larry Ponemon, chairman and founder of Ponemon Institute. "This important research reveals an urgent need for executives to appropriately address cyber threats against their organizations."

For more detail and analysis of the full survey findings, please visit www.Raytheon.com/cybertrends2018 

Methodology
The 2018 Raytheon Global Megatrends in Cybersecurity Survey was fielded by Ponemon Institute from October 19 - November 6, 2017. The responses were generated from a survey of 1,100 senior-level IT and IT security practitioners in the United States, United Kingdom, Europe and MENA. The margin of error for the survey was +/- 4.2% points at a 95% confidence level.

About the Ponemon Institute
The Ponemon Institute© is dedicated to advancing responsible information and privacy management practices in business and government. To achieve this objective, the Institute conducts independent research, educates leaders from the private and public sectors, and verifies the privacy and data protection practices of organizations in a variety of industries.

About Raytheon
Raytheon Company, with 2017 sales of $25 billion and 64,000 employees, is a technology and innovation leader specializing in defense, civil government and cybersecurity solutions. With a history of innovation spanning 96 years, Raytheon provides state-of-the-art electronics, mission systems integration, C5I™ products and services, sensing, effects, and mission support for customers in more than 80 countries. Raytheon is headquartered in Waltham, Mass. Follow us on Twitter.

Media Contact
Donna Ayer
+1.781.522.5880

SOURCE Raytheon Company

Related Links

http://www.raytheon.com

CEA Report: The Cost of Malicious Cyber Activity to the U.S. Economy

Today, the Council of Economic Advisers (CEA) released a report detailing the economic costs of malicious cyber activity on the U.S. economy. Please see below for the executive summary and read the full report here.

This report examines the substantial economic costs that malicious cyber activity imposes on the U.S. economy. Cyber threats are ever-evolving and may come from sophisticated adversaries. Due to common vulnerabilities, instances of security breaches occur across firms and in patterns that are difficult to anticipate. Importantly, cyberattacks and cyber theft impose externalities that may lead to rational underinvestment in cybersecurity by the private sector. Firms in critical infrastructure sectors may generate especially large negative spillover effects into the wider economy. Successful protection against cyber threats requires accurate data and cooperation across firms and between private and public sectors.

Overall:

  • • We estimate that malicious cyber activity cost the U.S. economy between $57 billion and $109 billion in 2016.
  • • Malicious cyber activity directed at private and public entities manifests as denial of service attacks, data and property destruction, business disruption (sometimes for the purpose of collecting ransoms) and theft of proprietary data, intellectual property, and sensitive financial and strategic information.
  • • Damages from cyberattacks and cyber theft may spill over from the initial target to economically linked firms, thereby magnifying the damage to the economy.
  • • Firms share common cyber vulnerabilities, causing cyber threats to be correlated across firms. The limited understanding of these common vulnerabilities impedes the development of the cyber insurance market.
  • • Scarce data and insufficient information sharing impede cybersecurity efforts and slow down the development of the cyber insurance market.
  • • Cybersecurity is a common good; lax cybersecurity imposes negative externalities on other economic entities and on private citizens. Failure to account for these negative externalities results in underinvestment in cybersecurity by the private sector relative to the socially optimal level of investment.
  • • Cyberattacks against critical infrastructure sectors could be highly damaging to the U.S. economy.

Ricoh Government Cloud Achieves FedRAMP Ready Status

MALVERN, Pa., Feb. 20, 2018 -- Ricoh USA, Inc. announced that it achieved Federal Risk and Authorization Management Program (FedRAMP) Ready status for its eDiscovery cloud hosting solution, specifically for their Relativity document processing and review environment.

Achieving FedRAMP Ready serves as a market indicator to federal agencies that a system has a high likelihood of obtaining a Joint Authorization Board Provisional Authorization (JAB P-ATO) or an Agency ATO. Therefore, agencies can be confident that Ricoh Government Cloud has the key capabilities needed to fit their security needs. Agencies can then better decide to select a cloud solution based on the understanding that the system meets FedRAMP Ready requirements. This impressive accomplishment demonstrates Ricoh's commitment to enabling the digital workplace for their customers by providing secured, advanced document hosting services, in accordance with strict federal government requirements.

"The need for trusted and secured cloud-hosting environments has never been more imperative. Building on 18 months of hard work to obtain our FedRAMP Ready status, we are excited to expand our partnership with federal government agencies, as they continue to deal with massive volumes of data," said David Levine, Chief Information Security Officer, Ricoh USA, Inc. "This latest accomplishment also validates what our existing customers in the private sector experience everyday: Ricoh's expertise in digital security, and our capacity to operate as a dependable, trusted partner."

With its FedRAMP Ready status, Ricoh plans on pursuing a FedRAMP Agency Authorization.  

To learn more about Ricoh's Intelligent eDiscovery solutions and commitment to providing the highest levels of security, visit www.ricoh-usa.com/en/eDiscovery. And follow us on Twitter, Facebook and LinkedIn.

| About Ricoh |

Ricoh is empowering digital workplaces using innovative technologies and services enabling individuals to work smarter. For more than 80 years, Ricoh has been driving innovation and is a leading provider of document management solutions, IT services, commercial and industrial printing, digital cameras, and industrial systems.

Headquartered in Tokyo, Ricoh Group operates in approximately 200 countries and regions. In the financial year ended March 2017, Ricoh Group had worldwide sales of 2,028 billion yen (approx. 18.2 billion USD).

For further information, please visit www.ricoh.com

© 2018 Ricoh USA, Inc. All rights reserved. All referenced product names are
the trademarks of their respective companies.

Contact:
John Greco
Ricoh USA, Inc. 
(973) 882-2023
[email protected]

Tracey Sheehy
Breakaway Communications for Ricoh
(908) 705-4596
[email protected]

SOURCE Ricoh USA, Inc.

Related Links

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