Daily Intelligence Report: July 20, 2018

The G4S Daily Intelligence Report is a complimentary service provided by G4S. By monitoring and reporting on potential threats for clients based in North America, G4S provides strategic and actionable insight and services to help you identify, mitigate, respond, and recover from risks to your organization. The information included in this Daily Intelligence Report has been collected and reviewed by members of our G4S Global Risk Intelligence Center (GRIC) team, most of whom have extensive Intelligence Community, Law Enforcement and Military backgrounds.

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CyberMdx Gets $10 Million Investment For Medical Device Security – United States

Medical Device

As hospitals continue to face cybersecurity issues stemming from vulnerable networks and medical gear, investors are throwing money at companies focused on defending them from hackers. CyberMDX, a New York-based medical cybersecurity startup, announced on Tuesday that it raised $10 million in Series A funding, led by led by Pitango Venture Capital with participation from OurCrowd Qure. The company’s product, MDefend, provides companies with visibility of the medical devices on their networks and looks out for threats and vulnerabilities associated with them. Recent research shows that health care organizations are flooded with vulnerable, unpatched medical devices, many of which are visible on the open web to hackers. Such conditions are part of what made the WannaCry ransomware attack in 2017 so widespread. The virus slowed hospitals globally to a crawl because hackers locked practitioners out of their devices.

Read the article here: http://wvw.g4s.us/l/31052/2018-07-19/frnzf8


FBI Director Says China Is ‘The Broadest, Most Significant’ Threat To The US – China and The United States

China Flag

Amid rampant discussion about Russia’s election interference and espionage activities, FBI Director Christopher Wray has deemed China the largest and most concerning threat to the US. Speaking at the Aspen Security Forum on Wednesday, Wray was asked about whether he sees China as an adversary and, if so, to what level “I think China, from a counterintelligence perspective, in many ways represents the broadest, most challenging, most significant threat we face as a country,” Wray answered. “And I say that because for them it is a whole of state effort. It is economic espionage, as well as traditional espionage, it is nontraditional collectors, as well as traditional intelligence operatives, it’s human sources, as well as cyber means. “We have economic espionage investigations in every state, all 50 states, that trace back to China. It covers everything from corn seeds in Iowa to wind turbines in Massachusetts and everything in between.

Read the article here: http://wvw.g4s.us/l/31052/2018-07-19/frnzfl


Exports To U.S. Fall, Mood Sours Amid Fears Of Trade War – Japan and The United States

Shibuya - Tokyo, Japan

Japan’s exports to the United States fell for the first time in 17 months and Japanese business sentiment soured amid worries about U.S. President Donald Trump’s protectionist trade policies. Exports to the United States dipped 0.9 percent in June from the same period a year ago on waning shipments of cars and semiconductor manufacturing equipment, two of Japan’s most important export products. Thursday’s trade data came on the heels of the Reuters Tankan, which showed business sentiment slipped in July, reflecting companies’ fears about an intensifying trade dispute between the United States and China. The batch of data highlighted concerns among Japanese policymakers who worry Trump may resort to tariffs or other protectionist measures to fix trade imbalances with Japan under his “America first” policy. With American imports down 2.1 percent, Japan’s trade surplus with the United States widened 0.5 percent year-on-year to 590.3 billion yen ($5.24 billion). That could make it a potential target for Trump’s protectionist policies.

Read the article here: http://wvw.g4s.us/l/31052/2018-07-19/frnzfn


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