Techstrong News Recap – March 7, 2023
On March 7, William Willis covered the White House’s plans to tighten rules on U.S. investments in China, Amazon pausing the construction of its second headquarters in Virginia and the EPA mandating that states need to report on cybersecurity for water systems. He also talked about Arm pursuing a U.S.-only stock listing. Finally, he previewed articles from Security Boulevard, DevOps.com and Digital CxO, which covered a report showing the rise of adaptable malware, a report showing the top 10 open source software risks and why organizations should use the economic downturn to clear out IT clutter.
Transcript
Hi again, everyone here the headlines from March 7th. First up to limit China's ability to obtain technologies that could enhance his military strength the abide in administration plans to implement new rules on certain overseas Investments by us companies. The executive order will restrict American Investment in Advanced Technologies that have National Security applications, like next Generation military capabilities that could improve China's military decision-making capabilities.
The White House has moved follows the implementation of export controls in October of 2022 to limit China's access to Advanced chips and is part of a broader series of measures aimed at targeting China's technology sectors amid an already strained relationship between the world's two biggest economies. Next Amazon has announced the construction of its second headquarters in Virginia will be delayed due to the company changing plans regarding remote work and its recent round of layoffs. The construction of the tower however is still expected to proceed as planned.
Despite the Delight Amazon is still committed to Arlington and has already hired thousands of employees for the first phase of development which was set to open in June Amazon has said the delay will not affect any Performance Based incentives promise to the company and that is still determined to complete its plans for the new headquarters. In other news the US has announced that it will mandate states to report cybersecurity threats in their audits of Public Water Systems due to the increasing risk of cyber attacks. The Environmental Protection Agency has stated that cyber attacks and Public Water Systems posed a significant threat to Public Health and will provide assistance to States and Water Systems to build cyber security programs and provide technical expertise.
The epa's memo establishes minimum cybersecurity measures for the Municipal Water Systems following the administration's early efforts to establish standards for pipelines and the rail sector this being said the EPA is not yet set any enforcement deadlines or financial assistance. The White House's recent surveys indicate that municipalities lack the resources to protect Drinking Water Systems from cyber attacks. However, some experts are doubting the effectiveness of the apis approach next up arm a microchip designer based in the UK has decided not to pursue a listing on the London Stock Exchange this year.
Instead the company will aim for a us-only listing in 2023 a move that is sparked concerns that the UK is not doing enough to attract Technology stock offerings. With this being said arm is stated that the UK listing will be considered at a later date. The company which was found in Cambridge in 1990 designs the technology behind processors that powered devices from smartphones to game consoles.
Previously armed how to dual listing on the London Stock Exchange in the NASDAQ for 18 years until it was purchased by SoftBank in 2016. On Security Boulevard, we have an article on a report from picus that shows a growing use of adaptable malware. This Swiss army knife malware is so versatile that it can adapt behaviors to different it environments.
What's worse is that the structure of the malware makes it so our current static indicators would have a hard time detecting it to learn more go to Security Boulevard calm. com we've an article that looks at a report that identifies the top 10 open source software risks. com.
Finally a digital cxl. We have an article that looks at why you should use the economic downturn to clear out your organization's it clutter. Today's Mantra is due last with more but instead of cutting back on infrastructure upgrades.
Organizations should take time to get rid of their it clutter to create a more lean environment. com. And that's today's Tech strong news recap.





